Telecom companies seek open court hearing in SC on AGR review pleas
.jpg)
Telecom majors, including Bharti Airtel and Vodafone Idea, on Wednesday sought an open court hearing of their plea seeking review of certain directions of the Supreme Court on recovery of past dues amounting to Rs 1.47 trillion from telecom service providers.
The recovery of past dues by the government was based on adjusted gross revenue of about Rs 92,000 crore.
The plea seeking an open court hearing was mentioned before a bench headed by Justice Arun Mishra, who said he will talk to Chief justice S A Bobde and decide accordingly.
The apex court had on last year October 24 upheld the AGR definition formulated by the Department of Telecom (DoT) and termed as "frivolous" the nature of objections raised by telecom service providers.
Bharti Airtel, in its plea, had sought review of the directions on aspects of levy of interest, penalty and interest on penalty relating to AGR, a source related to the development had said.
Other Latest News
.webp)
The Enforcement Directorate has filed a money laundering case against YouTuber Siddharth Yadav alias Elvish Yadav and some others under the charge of suspected use of snake venom as a recreational drug in parties he hosted, official sources said Saturday.
The central agency has pressed charges under the Prevention of Money Laundering Act (PMLA) after taking cognisance of a FIR.
.webp)
A flood and a landslide hit Indonesia's Sulawesi island, killing 14 people, officials said Saturday.
Torrential rain pounding the area since Thursday triggered a landslide in Luwu district in South Sulawesi province, said local rescue chief Mexianus Bekabel.
.webp)
India's largest port operator Adani Ports and Special Economic Zone Limited (APSEZ) is looking to expand its operations into the Philippines, with plans to invest in port development, according to a release issued by the office of the president of Philippines.
APSEZ Managing Director Karan Adani met with the Philippines President Ferdinand Marcos Jr at Malacañang on May 2 in a courtesy call to discuss Adani Group's plans for the port.
.webp)
The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with massive fraud though not for any work it performed for former President Donald Trump's media company.
The SEC charged the accounting firm BF Borgers and its owner, Benjamin F. Borgers, of deliberate and systematic failures in more than 1,500 audits.
.webp)
India's markets regulator has sent notices of regulatory violations to seven companies of the Adani conglomerate, including its flagship Adani Enterprises, the group said in stock exchange filings.
The regulator began probing the Adani group, led by billionaire Gautam Adani, after Hindenburg Research in January 2023 alleged improper use of tax havens and stock manipulation by the group, accusations the group has denied.
.webp)
.webp)
.webp)
.webp)
.webp)
