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About 13 results for "vodafone plc"

If Vodafone Idea disconnects, India picks up the bill
Economic Times

If Vodafone Idea disconnects, India picks up the bill

Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, is the most vulnerable of the mobile carriers ordered on Friday to immediately pay billions in unpaid government dues and interest following a Supreme Court ruling. Economic Times, 3 days ago
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5 images for vodafone plc

Hindustan Times, 1 week ago
Economic Times, 2 weeks ago
Economic Times, 1 month ago
Economic Times, 3 months ago
Economic Times, 3 months ago
Rediff.com

With SC's strict order, is it all over for Voda-Idea?

Vodafone Idea’s net worth (or shareholders’ equity) was down 73 per cent year-on-year to around Rs 17,600 crore at the end of the December 2019 quarter after the company reported a net loss of around Rs 6,400 crore during the quarter. Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year. Analysts said a such a low level of net worth, coupled with continuing losses in operations, ruled out the ...
 Rediff.com6 days ago
Rediff.com

One week, Rs 1.47 lakh cr dues: What will telcos do?

With just one week left for them to pay over Rs 88,600 crore in past dues, Bharti Airtel and Vodafone Idea are left with the last legal remedy of filing a curative petition but such petitions are rarely admitted by the Supreme Court, analysts said on Friday.  IMAGE: A file photograph of Union Minister for Law and Justice, Communications and Electronics & Information Technology Ravi Shankar Prasad meeting CEOs of telecom companies in New Delhi in July 2019. Photograph: ANI Photo. The ...
 Rediff.com1 month ago

The story behind Vodafone's fall in India

'Cut-throat competition, high spectrum costs, and frequent flip-flops in government policies have made it difficult for Vodafone to make money in the country,' says Surajeet Das Gupta. Illustration: Dominic Xavier/Rediff.com When Vodafone Plc in 2007 acquired a majority stake in Hutchison Essar, its (Vodafone’s) Indian-born chief executive officer (CEO) Arun Sarin did not hide his exuberance after emerging as the winner against tough competition. “We have got it at a reasonable ...
 Rediff.com2 months ago

Australian court rules $10 billion Vodafone, TPG merger would not hurt competition

An Australian Federal court judge said on Thursday an agreed $10.1 billion (£7.8 billion) merger between a local joint venture of Britain's Vodafone Group PLC and internet provider TPG Telecom Ltd would not lessen competition.
 Reuters1 week ago
Economic Times

Voda Idea not in position to raise money for AGR dues, Bharti to gain: Nitin Soni, Fitch Ratings

Nitin Soni, Director, Corporates, Fitch Ratings says the only option they have is to get an equity injection from the promoters which also seems unlikely as Vodafone PLC has completely written off the investment in Vodafone Idea. ET Now | Last Updated: Feb ...
 Economic Times4 days ago
Rediff.com

Tax dispute resolution scheme made attractive

The scheme offers waiver of interest, penalty, and prosecution for settling tax disputes. Illustration: Uttam Ghosh/Rediff.com Making the direct tax dispute resolution scheme attractive, the Union Cabinet on Wednesday expanded its scope to cover litigation pending in arbitration forums and debt recovery tribunals (DRTs). The scheme will also include cases related to revision and small-value search disputes.   The Cabinet also reduced the disputed amount by half for those assessees who got ...
 Rediff.com1 week ago
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