The Supreme Court of India on Monday allowed the Central government to reconsider the issue of&nbsp;additional adjusted gross revenue (AGR) demands raised by the Department of Telecommunications (DoT) with Vodafone Idea for the financial year 2016-2017. Following the court's action, the company's shares rose on the Indian stock market.&nbsp;The court allowed&nbsp;the review after the Centre submitted that it would examine and review the concerns raised by the telecom firm.&nbsp;The Central government informed the Supreme Court that it holds a 49 per&nbsp;cent&nbsp;stake in Vodafone Idea, which provides services to around 20 crore customers.&nbsp;The court found the matter in the realm of&nbsp;the policy domain of the government.&nbsp;The company had moved the court, claiming that there were errors in the computation of AGR dues. It claims that these errors led to the duplication of entries, which resulted in additional AGR dues demands by DoT.<h2>What's AGR?</h2>AGR, or adjusted gross revenue, is the usage&nbsp;and&nbsp;licensing fee that telecom operators are required to pay to the Department of Telecommunications.&nbsp;It is calculated based on the operators' gross revenue, which includes both telecom and non-telecom income.&nbsp;The telecom companies used to say that revenue earned from core telecom operations should only attract the fees to the DoT.&nbsp;DoT says that all revenues, including rent, dividends, and interest, should be counted in the revenue on which taxes are calculated.&nbsp;These companies had moved against the DoT's demand for AGR dues. In 2019, however, the&nbsp;Supreme Court directed telecom companies to pay the adjusted dues to the government department. However, the next year, the court&nbsp;allowed telecom companies to pay AGR dues over a period of 10 years, with a payment plan of 10 per cent every year.&nbsp;In 2021, the court&nbsp;dismissed pleas by telecom majors, including Bharti Airtel and Vodafone Idea, seeking correction of errors in the calculation of AGR dues.&nbsp;Now, after Monday's order, the central government can consider easing the financial burden on&nbsp;Vodafone Idea.<h2>Vodafone Idea stock performance</h2>Meanwhile, Vodafone Idea's&nbsp;shares gained 13.3 per cent&nbsp;from the day's low to hit a fresh 52-week high of Rs 10.52 on the National Stock Exchange. The stock had opened in the red, at Rs 9.28, a low of 2 per cent.

The Supreme Court of India on Monday allowed the Central government to reconsider the issue of additional adjusted gross revenue (AGR) demands raised by the Department of Telecommunications (DoT) with Vodafone Idea for the financial year 2016-2017.

The Supreme Court of India on Monday allowed the Central government to reconsider the issue of additional adjusted gross revenue (AGR) demands raised by the Department of Telecommunications (DoT) with Vodafone Idea for the financial year 2016-2017. Following the court's action, the company's shares rose on the Indian stock market. The court allowed the review after the Centre submitted that it would examine and review the concerns raised by the telecom firm. The Central government informed the Supreme Court that it holds a 49 per cent stake in Vodafone Idea, which provides services to around 20 crore customers. The court found the matter in the realm of the policy domain of the government. The company had moved the court, claiming that there were errors in the computation of AGR dues. It claims that these errors led to the duplication of entries, which resulted in additional AGR dues demands by DoT. What's AGR? AGR, or adjusted gross revenue, is the usage and licensing fee that telecom operators are required to pay to the Department of Telecommunications. It is calculated based on the operators' gross revenue, which includes both telecom and non-telecom income. The telecom companies used to say that revenue earned from core telecom operations should only attract the fees to the DoT. DoT says that all revenues, including rent, dividends, and interest, should be counted in the revenue on which taxes are calculated. These companies had moved against the DoT's demand for AGR dues. In 2019, however, the Supreme Court directed telecom companies to pay the adjusted dues to the government department. However, the next year, the court allowed telecom companies to pay AGR dues over a period of 10 years, with a payment plan of 10 per cent every year. In 2021, the court dismissed pleas by telecom majors, including Bharti Airtel and Vodafone Idea, seeking correction of errors in the calculation of AGR dues. Now, after Monday's order, the central government can consider easing the financial burden on Vodafone Idea. Vodafone Idea stock performance Meanwhile, Vodafone Idea's shares gained 13.3 per cent from the day's low to hit a fresh 52-week high of Rs 10.52 on the National Stock Exchange. The stock had opened in the red, at Rs 9.28, a low of 2 per cent.

Vodafone Idea case: The court allowed&nbsp;the review after the Centre submitted that it would examine and review the concerns raised by the telecom firm.

Vodafone Idea case: SC allows Centre to reconsider AGR dues; firm's share prices rise

The Supreme Court on Friday deferred the hearing on a plea filed by Vodafone Idea seeking relief from additional adjusted gross revenue (AGR) demands raised by the Department of Telecommunications (DoT) for the period up to FY 2016-17. A bench comprising Chief Justice of India BR Gavai, Justices K Vinod Chandran and NV Anjaria adjourned the matter over the Centre's request.<h2>What's Vodafone Idea's demand in the plea?</h2>Vodafone Idea has sought directions from the court to quash the AGR&nbsp;dues demand, saying it belonged to the pre-2016- 2017 era, which had been settled by the Supreme Court's previous ruling.&nbsp;The petition says that the DoT action was unjust, unfair, and arbitrary, as the Supreme Court had crystallized the AGR dues and not carried out a complete reassessment.&nbsp;The telecom company claimed that errors in computation have led to duplication of entries, with certain amounts added more than once.&nbsp;Meanwhile, on Friday, Vodafone Idea's share price dropped 9 per cent after the court deferred the hearing. On the BSE, the share was trading at Rs 7.90 apiece.&nbsp;DoT has demanded Rs 9,450 crore as additional AGR dues from the debt-laden company.&nbsp;The company wants the Supreme Court to set aside the demand.&nbsp;The Centre informed the Supreme Court last week that a resolution to the matter was necessary as the government also holds a stake in the company.&nbsp;The government has a 49 per cent stake in Vodafone Idea after it converted the company's liabilities into equity. The court had listed the matter for September 26.&nbsp;Vodafone Idea's share price increased 21 per cent&nbsp;in one month and 12 per cent in three months.&nbsp;At 2.19 pm, the company's share price was Rs 8, a slump of 7.83 per cent.

The Supreme Court on Friday deferred the hearing on a plea filed by Vodafone Idea seeking relief from additional adjusted gross revenue (AGR) demands raised by the Department of Telecommunications (DoT) for the period up to FY 2016-17.

The Supreme Court on Friday deferred the hearing on a plea filed by Vodafone Idea seeking relief from additional adjusted gross revenue (AGR) demands raised by the Department of Telecommunications (DoT) for the period up to FY 2016-17. A bench comprising Chief Justice of India BR Gavai, Justices K Vinod Chandran and NV Anjaria adjourned the matter over the Centre's request. What's Vodafone Idea's demand in the plea? Vodafone Idea has sought directions from the court to quash the AGR dues demand, saying it belonged to the pre-2016- 2017 era, which had been settled by the Supreme Court's previous ruling. The petition says that the DoT action was unjust, unfair, and arbitrary, as the Supreme Court had crystallized the AGR dues and not carried out a complete reassessment. The telecom company claimed that errors in computation have led to duplication of entries, with certain amounts added more than once. Meanwhile, on Friday, Vodafone Idea's share price dropped 9 per cent after the court deferred the hearing. On the BSE, the share was trading at Rs 7.90 apiece. DoT has demanded Rs 9,450 crore as additional AGR dues from the debt-laden company. The company wants the Supreme Court to set aside the demand. The Centre informed the Supreme Court last week that a resolution to the matter was necessary as the government also holds a stake in the company. The government has a 49 per cent stake in Vodafone Idea after it converted the company's liabilities into equity. The court had listed the matter for September 26. Vodafone Idea's share price increased 21 per cent in one month and 12 per cent in three months. At 2.19 pm, the company's share price was Rs 8, a slump of 7.83 per cent.

What is Vodafone Idea's share price? Vodafone Idea has sought directions from the court to quash the AGR&nbsp;dues demand, saying it belonged to the pre-2016- 2017 era.

Vodafone Idea's share price slumps as Supreme Court defers AGR hearing

Major network providers, including Airtel, Jio and Vodafone-Idea, on Monday (Aug 18) experienced widespread outages across India. According to DownDetector, which provides user-submitted reports of outages and problems of various online services, more than 3,650 people reported issues with Airtel, over 200 reported outages of Jio, and about 50 reported Vodafone-Idea outages around 5 pm.The outage was reported in several cities like Delhi-NCR, Mumbai, Pune, Kolkata, Bengaluru, Chennai, Hyderabad, Jaipur, Lucknow, Patna, Ahmedabad and many others.&nbsp;The issue was first reported by several Airtel users in Delhi-NCR, who experienced issues while making calls and using mobile internet. It was later reported in Mumbai and Bengaluru. Hours later, Jio and Vodafone-Idea users also reported similar issues.&nbsp;Social media users took to X to complain about the problems they were facing. Responding to a user on X, Airtel said that they were experiencing network outages and were working to restore the services.&nbsp;“We are currently experiencing a network outage, our team is actively working to resolve the issue and restore services promptly. We sincerely apologize for the inconvenience caused. Thanks, Team Airtel,” said the company.<h2>Social media reacts</h2>A user wrote on X, “Seems like authorities have put a jammer on the whole network in my area, Airtel Jio Voda all are blocked..”&nbsp;“I am facing frequent issues with falling/disconnected calls, which is causing disruption. Despite multiple attempts, the problem continues. Please resolve the issue on SOS,” another person reported.&nbsp;“My Airtel WiFi is still down since today morning,” said another. While a person said, “My Airtel network is down. Are you facing this issue too? Thought it would be a productive day, but no luck.”&nbsp;“My phone was down for around 50 minutes. @airtelindia what was the reason,” one person asked.&nbsp;&nbsp;&nbsp; &nbsp;

Thousands of people on Monday (Aug 18) reported widespread outages of network providers in India, including Airtel, Jio and Vodafone-Idea.

Major network providers, including Airtel, Jio and Vodafone-Idea, on Monday (Aug 18) experienced widespread outages across India. According to DownDetector, which provides user-submitted reports of outages and problems of various online services, more than 3,650 people reported issues with Airtel, over 200 reported outages of Jio, and about 50 reported Vodafone-Idea outages around 5 pm. The outage was reported in several cities like Delhi-NCR, Mumbai, Pune, Kolkata, Bengaluru, Chennai, Hyderabad, Jaipur, Lucknow, Patna, Ahmedabad and many others. The issue was first reported by several Airtel users in Delhi-NCR, who experienced issues while making calls and using mobile internet. It was later reported in Mumbai and Bengaluru. Hours later, Jio and Vodafone-Idea users also reported similar issues. Social media users took to X to complain about the problems they were facing. Responding to a user on X, Airtel said that they were experiencing network outages and were working to restore the services. “We are currently experiencing a network outage, our team is actively working to resolve the issue and restore services promptly. We sincerely apologize for the inconvenience caused. Thanks, Team Airtel,” said the company. Social media reacts A user wrote on X, “Seems like authorities have put a jammer on the whole network in my area, Airtel Jio Voda all are blocked..” “I am facing frequent issues with falling/disconnected calls, which is causing disruption. Despite multiple attempts, the problem continues. Please resolve the issue on SOS,” another person reported. “My Airtel WiFi is still down since today morning,” said another. While a person said, “My Airtel network is down. Are you facing this issue too? Thought it would be a productive day, but no luck.” “My phone was down for around 50 minutes. @airtelindia what was the reason,” one person asked.

Thousands of people on Monday (Aug 18) reported widespread outages of network providers in India, including Airtel, Jio and Vodafone-Idea.

Massive mobile network outage in India? Airtel, Jio, Vi users report calling and internet issues – What you need to know

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Vodafone Idea case: SC allows Centre to reconsider AGR dues; firm's share prices rise

Vodafone Idea's share price slumps as Supreme Court defers AGR hearing

Massive mobile network outage in India? Airtel, Jio, Voda users report issues