Tata Teleservices
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All Stories for Tata Teleservices
Tata Group refuses to pay Rs 13,823 cr AGR dues; says already cleared Rs 2,197 cr based on self-assessed calculations
Fp Staff •On 17 February, Tata Teleservices had paid Rs 2,197 crore to the government, while DoT's calculations pegs the outstanding amount at over Rs 14,000 crore after the Supreme Court coming down heavily on telecom firms.
AGR dues: DoT likely to send notice to Tata Teleservices soon; SC to hear telecom players' pleas on 17 March
Fp Staff •The Supreme Court will hear the modification pleas, filed by telecom operators, namely Tata Teleservices, Vodafone Idea and Bharti Airtel on the AGR ruling, on 17 March.
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
AGR dues: Sunil Mittal, KM Birla meet Nirmala Sitharaman as their firms scramble to meet payment deadlines
•Mittal, who heads mobile service major Bharti Airtel, first met Telecom Secretary Anshu Prakash before going for the meeting with the finance minister
AGR dues: Vodafone Idea says will 'immediately' pay Rs 2,500 cr to DoT; Tata Teleservices makes Rs 2,197 cr payment
Fp Staff •Vodafone Idea Ltd (VIL) has said its board has authorised the company to immediately pay Rs 2,500 crore, a portion of its statutory dues, to the telecom department on Monday
Airtel, Voda Idea, Tata Tele likely to pay AGR dues today; DoT unlikely to give more extension to telcos: Report
•As per the last available estimates, Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charges, to the government.
Bharti Airtel raises additional $250 mn via perpetual bonds, offers yield of 5.65%
•Airtel is among the few domestic companies, including Reliance and SBI, to issue perpetual bonds which do not prescribe a maturity date but can go up to 100 years
Srinath Narasimhan appointed as Tata Trusts chief executive; former Citi CEO Pramit Jhaveri to be Trustee of Sir Dorabji Tata Trust
•Currently, Narasimhan is the managing director of Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd, Tata Trusts said in a statement.
Tata Sons likely to pay Tata Teleservices' AGR dues of Rs 13,823 cr, company to approach TCS for funds: Report
Fp Staff •Two weeks ago, Tata Sons was trying to raise around Rs 14,000 crore from banks and through internal accruals to pay the AGR dues of Tata Teleservices before the 23 January deadline.
Telecom majors seek more time from govt; may miss 23 January deadline to pay AGR dues to DoT
Fp Staff •DoT estimates that telecom companies are required to jointly pay around Rs 1.47 lakh crore by 23 January