Vodafone Idea's, Adjusted Gross Revenue (AGR) dues of Rs 70,300 crore will require urgent government intervention, according to Vodafone Idea Limited (VIL), the telecom operator that incurred these high AGR dues.

Vodafone Idea seeks Government relief in AGR duress crisis

Vodafone Group said on Tuesday (May 16) that the carrying value of the British telecom giant's investment in Vodafone Idea Limited (VIL) is nil. In the notes to its FY23 preliminary results, Vodafone said, "The carrying value of the Group’s investment in VIL is €nil and the Group is recording no further share of losses in respect of VIL.

Vodafone says carrying value of group's investment in Vodafone Idea is zero

According to reports, Vodafone is planning to make its biggest round of job cuts in five years as the British telecom group seeks to rein in costs and revive its lagging performance. Watch this to know more.

Vodafone plans hundreds of job cuts in cost-saving measures

India's capital market regulator SEBI has approved the government's proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea to equity.

World Business Watch: India's SEBI clears govt proposal to turn Vodafone Idea dues into equity

The country's capital market regulator approved the government's proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea into equity, two senior government officials said on Thursday.

Indian regulator greenlights govt proposal to convert Vodafone Idea's $1.92 billion dues into equity

The first day of India's biggest spectrum auction for 72 GHz (gigahertz) airwaves ended with four major telecom firms committing a total of Rs 1.45 trillion ($18.

Day 1 of India’s 5G spectrum auction sees bidding worth $18.2 billion, exceeds govt estimates

Indian telecom operator Vodafone Idea Ltd said on Tuesday its board has approved conversion of the full amount of interest related to spectrum auction instalments and dues owed to the government for use of airwaves into equity.

Indian govt may hold 35.8% stake in telecom giant Voda Idea as it converts debt into equity

India’s federal cabinet on Wednesday approved an aid package for its cash-strapped telecommunications sector, including a four-year moratorium on radio wave payments owed to the government, the country’s telecommunications minister said.

India announces measures to prop up telecom sector; respite for Vodafone Idea

Reliance Industries Ltd`s telecom division has asked the Indian telecoms regulator to take action against rivals Bharti Airtel and Vodafone Idea Ltd for allegedly running a false propaganda campaign to attract its subscribers.

Reliance Jio makes complaint to regulator about Bharti Airtel, Vodafone Idea

Vodafone Idea Ltd said on Friday it would raise funds up to $4.10 billion (Rs 300 billion) as the Indian telecom operator tries to pay off the hefty dues it owes to the government.

Debt-ridden Vodafone Idea to raise up to $4.1 billion in funds

U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India's Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up 10%.

Amazon, Verizon may invest over $4 billion in Vodafone Idea: Report

India`s top court on Tuesday gave telecom firms 10 years to pay back dues they owe to the federal government after they failed to make the payment by the January deadline.

Supreme Court gives Vodafone-Idea, Airtel 10 years to pay AGR dues to government

Vodafone Idea Ltd said on Saturday it was assessing how much it would pay the Indian government as part of dues owed and said it proposed making a payment in the next few days.

Currently assessing the amount; will make payment in next few days: Vodafone

Union Minister for Communications Ravi Shankar Prasad on Monday said that the mobile internet tariffs in the country are among the lowest in the world and alleged that the mobile phone mess was the scam-tainted legacy of the UPA government.

Union minister Ravi Shankar Prasad says mobile tariffs mess 'scam-tainted' legacy of UPA

Bharti Airtel, Vodafone Idea, and Reliance Jio have hiked their tariffs by about 40 per cent after incurring huge losses over the last few weeks. Bharti Airtel on Sunday hiked tariff rate in the range of 50 paise per day to Rs 2.

Vodafone Idea, Bharti Airtel, Reliance Jio hike prepaid prices by 40%

Bharti Airtel, Vodafone Idea and Tata Teleservices on Friday filed a petition in the Supreme Court seeking a review of its October 24 ruling ordering telecom companies to pay around Rs 92,000 crore to the Centre on Adjusted Gross Revenue (AGR).

Bharti Airtel, Vodafone Idea, Tata Teleservices file review plea in SC in AGR case

Indian shares inched lower on Thursday as investors booked profits after the government said it had approved stake sales in some state-run companies, while Zee Entertainment Enterprises surged on the promoter group's plan to pare holdings.

Nifty, Sensex inch lower; Zee top gainer in Nifty 50

In October this year, a World Economic Forum report highlighted that the average data cost in India is lower than any other country in the world. However, this might not be the scenario from next month.

Mobile data to become expensive as Indian telecom companies to hike tariffs

Indian shares rose in early trade on Friday, tracking gains in broader Asia as risk appetite was whetted by a comment from a senior US official that the United States and China are getting close to an interim trade pact.

Sensex, Nifty rise in early trade amid hopes of US-China trade deal

Indian telecom stocks rose on Friday amid hopes that the government would step in to help the ailing sector, a day after two top mobile carriers warned their ability to operate and make profits would depend on relief from the country.

Airtel, Vodafone Idea shares jump on hopes of govt help

Indian shares edged lower on Thursday, after retail inflation breached the Reserve Bank of India's (RBI) medium-term target of 4% for the first time in 15 months, while lenders fretted about possible insolvency of Vodafone Idea.

Indian markets witness fall on inflation data in early trade; telecom worries hurt banks

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