AGR dues: Vodafone Idea pays Rs 1,000 cr to telecom department; DoT to issue fresh notices to Tata Teleservices

Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues, a senior official said

|Feb 20, 2020, 14:10:53 IST

New Delhi: Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues, a senior official said. The company had paid Rs 2,500 crore to the government towards adjusted gross revenue (AGR) dues on Monday. In all, it owes Rs 53,000 crore to the telecom department.

The DoT source said that notices will also be sent to Tata Teleservices for recovery of full dues in a day or two. The company had paid Rs 2,197 crore to the government on Monday, while DoT's calculations peg the outstanding amount at over Rs 14,000 crore.

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AGR dues: Vodafone Idea pays Rs 1,000 cr to telecom department; DoT to issue fresh notices to Tata Teleservices

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India remains among fastest-growing major economies despite global uncertainty, says RBI Bulletin

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Brent crude climbs to $94 as analysts expect oil prices to stay in $90–100 range

UK inflation cools further to 2.6% in June as transport and food prices ease

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