The government informed the Supreme Court on Tuesday that the loan moratorium period can be extended by two years according to a circular from the Reserve Bank of India. That came a day after a moratorium, or temporary relief, on loan repayments allowed to lenders due to the coronavirus pandemic …
Read More »SC gives telco 10 years to settle AGR quotas of around Rs 1.5 million crore
NEW DELHI: It is a great relief for telecommunications companies, he Supreme Court Tuesday gave them 10 years of time to clean AGR quotas of around Rs 1.5 million lakh crore to be paid to the Center. A bank headed by Judge Arun Mishra allowed his request to deposit the …
Read More »The Center informs SC, the moratorium period can be extended up to two years
NEW DELHI: Attorney General Tushar Mehta told the Supreme Court on Tuesday that the moratorium period for loan repayments can be extended up to two years according to the RBI circular. Mehta, on behalf of the Center and the RBI, presented: “We are in the process of identifying the sectors …
Read More »SC allows 10 years for staggered AGR installment payments
NEW DELHI: The Supreme Court on Tuesday granted telecom operators 10 years to pay fees related to adjusted gross income (AGR). The development comes as a relief to Vodafone Idea Ltd, whose survival would have been a concern even if the higher court had not staggered the payment. The company …
Read More »Jio faces rivals and launches new broadband plans starting at 399 rupees
Reliance Jio announced on Monday new plans for JioFiber broadband starting at a monthly price of Rs 399 with no data usage limit. Under the new plans, the Netflix entertainment app is added to the bundle of bundled apps for customers who subscribe to mid-range plans. It is by far …
Read More »Watershed moment for freedom of expression
When the Supreme Court of India wins, all Indians win, said Prashant Bhushan (Archive) New Delhi: Prashant Bhushan said today that he had decided to submit to the Supreme Court’s order fining him Re 1 for contempt of court and that he would “respectfully pay the fine” as he would …
Read More »SC AGR verdict to decide the fate of Voda Idea
New Delhi: On Tuesday, the Supreme Court will pronounce its order on the possibility of allowing telecommunications companies the phased payment of fees related to adjusted gross income (AGR). The verdict will decide the survival of Vodafone Idea Ltd, which still owes more than ₹50,000 crore for the Center in …
Read More »Out of “great respect” for SC, Prashant Bhushan agrees to pay a fine; But he will file a petition for review against the order
Prashant Bhushan shows a Re 1 coin, the symbolic fine imposed by the SC in the criminal case for contempt. Prashant Bhushan said that he has the highest respect for the judiciary and that the tweets were not intended to disrespect the higher court or the judiciary. News18.com Last update: …
Read More »The Supreme Court will pronounce AGR’s verdict tomorrow at 11:30 am
The Supreme Court court led by Judge Arun Mishra will deliver the long-awaited verdict on the adjusted gross income installments related to telecommunications companies on Tuesday at 11:30 am. Judge Mishra, who became a supreme court judge on July 7, 2014, resigns from office on Tuesday and retires on September …
Read More »Hope, the judges’ January 2018 presser was “the first and last time,” says SC | India News
Reuters file photo NEW DELHI: The Supreme Court On Monday, he said he hoped the January 12, 2018 press conference of the four highest-ranking Supreme Court judges would be the “first and last time” the justices have gone to the media. The four highest judges of the supreme court at …
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