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Vi AGR relief applies only to the troubled telco: SC order

Mint Hyderabad

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October 30, 2025

In its petition, Vi had challenged DoT’s fresh demand of ₹9,450 cr for the years up to 2018-19

- Krishna Yadav & Jatin Grover

The Supreme Court’s 27 October order permitting the Centre to address Vodafone Idea Ltd’s grievances and reassess its adjusted gross revenue (AGR) dues applies solely to the beleaguered telecom operator, clarifies the top court's written order.

The written order, seen by Mint, makes it clear that the court's observations apply only to the additional AGR demand raised by the department of telecommunications (DoT) for the period up to 2016-17, given the peculiar circumstances in which the Centre now owns 49% of the telco, which serves nearly 200 million consumers.

“We clarify that this is a matter falling within the policy domain of the Union of India and if, in the peculiar facts and circumstances of the case, the Union of India, keeping in view the larger public interest, desires to reconsider the issue, there is no reason to restrain or prevent it from doing so,” the bench of chief justice B.R. Gavai and justice K. Vinod Chandran noted in the written order.

MEER VERHALEN VAN Mint Hyderabad

Mint Hyderabad

Capital gains tax relief: how reinvesting in a house works

You can buy land, build a house to claim full exemption on total costs, including construction

time to read

4 mins

October 30, 2025

Mint Hyderabad

BlueStone IPO gets demi-fine jewellery a place in spotlight

A new sparkle BlueStone's blockbuster IPO has boosted investor interest in fashion jewellery startups.

time to read

2 mins

October 30, 2025

Mint Hyderabad

Carney tackles Trump tariff feud by mending ties with Asia

US President Donald Trump's latest tariff salvo against Canada landed just as Mark Carney was setting out on a mission to insulate his country from the fallout of the trade war.

time to read

1 min

October 30, 2025

Mint Hyderabad

RBI looks to speed up repatriation of gold held abroad

RBI's move will enhance control on India's bullion assets.

time to read

1 mins

October 30, 2025

Mint Hyderabad

Mint Hyderabad

‘Next Startup Fund of Funds to boost deep-tech firms’

Commerce and industry minister Piyush Goyal on Wednesday said the government will dedicate the next edition of the Startup Fund of Funds almost entirely to deep-tech ventures, underscoring India’s ambition to shift from being the world’s back office to a global innovation engine.

time to read

1 mins

October 30, 2025

Mint Hyderabad

Mint Hyderabad

Eli Lilly partners with Nvidia to build AI supercomputer for drug discovery

Drugmaker Eli Lilly has teamed up with artificial-intelligence chip designer Nvidia to build what the companies say will be the most powerful supercomputer run by a pharmaceutical company to boost the discovery of new medicines.

time to read

2 mins

October 30, 2025

Mint Hyderabad

Satya Nadella to visit India in Dec

Microsoft chief executive Satya Nadella is set to travel to India in December, his second visit to the South Asian country this year where he plans to hold meetings with top government officials, two people with direct knowledge said.

time to read

1 min

October 30, 2025

Mint Hyderabad

Shree Cement sticks to its strategy despite slow HI

As large cement makers chase market share, there are concerns over Shree Cement Ltd’s strategy to prioritise a premium pricing over volume.

time to read

1 mins

October 30, 2025

Mint Hyderabad

L&T orders hint at pvt capex revival

Domestic orders jump 50%, cross ₹20,000 cr after 5 quarters

time to read

1 min

October 30, 2025

Mint Hyderabad

Mint Hyderabad

CPP targets more growth in India as its portfolio triples

Canada’s CPP Investments expects its India portfolio to grow further after tripling in size over the previous 5 years, top executives at the investment firm said on Wednesday during a media discussion.

time to read

1 mins

October 30, 2025

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