Facebook Pixel Vi AGR relief applies only to the troubled telco: SC order | Mint Hyderabad - newspaper - Read this story on Magzter.com
Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

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

Mint Hyderabad

|

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.

MORE STORIES FROM Mint Hyderabad

Mint Hyderabad

RIL claims it delivered more to govt than ONGC

Reliance Industries Ltd (RIL) on Thursday told the Supreme Court that its development of the KG-D6 basin has yielded significantly higher returns for the government than a potential operation by state-owned ONGC would have achieved.

time to read

1 min

May 22, 2026

Mint Hyderabad

SpiceJet faces legal heat from lessor

In another legal setback for cash-strapped airline SpiceJet, France-based aircraft engine lessor Sunbird France 02 SAS has moved the Delhi high court seeking enforcement of a UK court judgement directing the airline to pay nearly $8 million in unpaid lease rentals and maintenance dues linked to three aircraft engines, adding to the carrier's mounting litigation burden amid ongoing financial stress.

time to read

1 min

May 22, 2026

Mint Hyderabad

How new-age MF factsheets can help you make smarter decisions

Mutual fund factsheets are fast evolving from just compliance documents into investor-friendly decision tools

time to read

4 mins

May 22, 2026

Mint Hyderabad

Accessible luxury may be a risky selling proposition

I have spent years studying luxury brands, retail behaviour and aspirational consumers across markets, but I must admit that watching the recent frenzy around the alliance of Audemars Piguet and Swatch unsettled me.

time to read

3 mins

May 22, 2026

Mint Hyderabad

Mint Hyderabad

Bandhan eyes new growth opportunity in West Bengal

The Group expects the new ‘double-engine’ government to revive investment in the state

time to read

3 mins

May 22, 2026

Mint Hyderabad

Mint Hyderabad

Outages, diesel prices hit telecom sector

Surging power demand in peak summer and hiked prices of diesel, used to run generators during outages, are fanning telecom and tower companies’ concerns.

time to read

2 mins

May 22, 2026

Mint Hyderabad

Mint Hyderabad

LIC sees US-Iran war hitting growth amid lower savings

Insurer’s FY26 consolidated profit after tax rises 19.3% to a record ₹57,419 crore

time to read

1 mins

May 22, 2026

Mint Hyderabad

Sugar exports dip as govt prioritizes domestic supply

India’s sugar exports have fallen below 5% of total production as policy curbs prioritize domestic price stability amid lower output and higher diversion of cane juice towards ethanol production.

time to read

1 min

May 22, 2026

Mint Hyderabad

China warns EU of retaliation as bloc mulls tougher trade curbs

China will take counter-measures if the European Union (EU) presses ahead with new restrictions on Chinese imports, a ministry of commerce official said, as trade tensions between the two blocs continue to rise.

time to read

1 min

May 22, 2026

Mint Hyderabad

Mint Hyderabad

Shareholders spike Swiggy proposal to tweak board rights

Swiggy Ltd’s shareholders on Thursday rejected a proposal that would have expanded founder and chief executive officer (CEO) Sriharsha Majety’s board nomination rights, marking the first time they have voted down a resolution since the food delivery and quick commerce firm went public in November 2024.

time to read

3 mins

May 22, 2026

Listen

Translate

Share

-
+

Change font size