AGR case: Supreme Court dismisses plea by Bharti Airtel, Voda Idea seeking correction; Vodafone shares slip further

: Friday, July 23, 2021, 11:08 AM IST
AGR case: Supreme Court dismisses plea by Bharti Airtel, Voda Idea seeking correction; Vodafone shares slip further
PTI
The Supreme Court on Friday rejected the pleas of telecom companies seeking recomputation of the Adjusted Gross Revenue (AGR) dues demanded by the Department of Telecommunications (DoT).
A bench headed by Justice L. Nageswara Rao said all applications dismissed. On Monday, the apex court already said it would pass its order on applications filed by -- Vodafone Idea, Bharti Airtel and Tata Tele Services Ltd -- alleging arithmetical errors in calculation of AGR dues payable by them.
The Supreme Court had previously observed that on three occasions the apex court had held that there is no room for recomputation of AGR demand.

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