Page 94 - Supreme Court

Crowdfunding for Ayodhya mosque to conform to Sharia norms: Trust

Last month, the foundation was handed over the land for the proposed mosque at Dhannipur after measurement by the local revenue department officials

Vodafone Idea board to meet on Sept 4 to consider fund-raising for AGR dues

The company plans to raise capital in one or more tranches by way of a public issue, preferential allotment, private placement, including a qualified institutions placement, it said in a statement

Vodafone Idea board to mull raising funds post Supreme Court verdict on AGR

The Board of Directors will meet to discuss and evaluate proposals for raising funds in one or more tranches through public issue, issue of equity shares or securities among other options

Supreme Court to decide on moratorium interest waiver issue today

The apex court said it would hear the matter again and decide on Wednesday a bunch of petitions demanding waiver of interest, or waiver of interest on interest on the suspended monthly instalments

AGR verdict: Will Voda Idea survive? Answer lies in ability to raise funds

Increase in APRU can help Vodafone but rival Reliance Jio is in no mood for tariff hike yet

AGR case: Professional managers face bigger risk if telcos default

The Bench led by Justice Arun Misra observed that should telcos fail to pay up, it would lead to penalty, interest, and contempt of court

SC asks Patna HC to consolidate, transfer all Tablighi cases to one court

It directed Patna High Court to decide the issue within a period of one week of transferring all cases to one Court

SC gives telcos 10 yrs to pay AGR dues, says 10% to be paid upfront

Apex court asks firms for undertaking on AGR dues. Payment timeline begins April 1 next year, but first installment to be paid before March 31; defaults to attract penalty, contempt proceedings

No rubbing of Shivalingam at Mahakal Temple: SC orders to stop erosion

The apex court directed the temple committee to ensure that the pH value, which is used to specify the acidity or basicity, of Bhasma' during Bhasma Aarti' is improved

Gains ahead for Jio, Bharti as telco market heads towards a duopoly

Experts see the telecom sector heading towards duopoly

SC upholds APtel order granting compensatory tariff to Adani Power plant

The case pertains to the cost incurred by Adani Power Rajasthan on sourcing costlier imported coal due to lack of domestic coal supply

SC makes CEOs liable if telecom companies fail to pay AGR dues

CEO asked to furnish personal guarantee within four weeks; order alarms professional managers

Waiver of EMI interest against basic canon of finance: Centre to SC

Waiver of interest on deferred EMIs during the moratorium period would be against the basic canons of finance and unfair to those who repaid loans as per schedule, the Centre told the Supreme Court

SC okays SBICAP's proposal to fund six stalled project of Amrapali Group

The Supreme Court on Tuesday resolved the issue of interest payable to SBICAP Ventures and cleared the hurdle for funding of six stalled projects covering around 7000 residential units.

Short of time and funds, Voda Idea can't celebrate SC's AGR dues order

The company will have to fork out Rs 30,000 crore annually to government as dues for using spectrum

The AGR verdict and its impact on Vodafone Idea

Since the Supreme Court has now decided on a 10-year repayment tenure, it would clearly be a big challenge for Vodafone Idea, which is already steeped in debt

Voda Idea in danger of becoming a 'zombie' telco; may just about survive

The initial impression is that Vodafone Idea will struggle to manage this level of staggered payments, given that it owes over Rs 58,000 crore

Vodafone Idea shares plunge 17%, Airtel up 4% after SC's AGR verdict

Vodafone Idea shares plunged over 17 per cent, while the stock price of Bharti Airtel surged over 4 per cent on Tuesday

IDFC First, IndusInd Bank: AGR verdict will not dent earnings, say experts

The verdict soured sentiment at banking counters which were factoring-in at least 15 years timeline for the payment of AGR dues

SC gives telcos 10 yrs to clear AGR dues, NCLT to decide on spectrum sale

The Supreme Court finished hearing the AGR case on August 24, almost a year after its verdict on the definition of the AGR