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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

In terms of the euro, that is firmly in focus. European leaders meeting in brussels at loggerheads over how to rollout the plan. The offshore currency is essentially flat. The fix is essentially 6. 99. That is what the aussie yen is doing. The u. S. Dollar has ticked up 2 10 of 1 after a number of weeks of weakness. We can move it onto look at some of the commodities in the 10 year. A bit of concern about demand destruction for crude given the infection rate in the u. S. Florida, some policymakers saying the virus is out of control in that state. That will be a concern. 40 for wti. You still have this significant divergence between the 10 year, u. S. And china. Rishaad just getting some news from a motor company. It is secured funding from a variety of private equity companies. What it does show is chinese startups promising vehicles. Attracting funding even as we are seeing the industry having a rough time of it. This is leading to x peng saying the
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Vodafone Idea Aims To Settle Over Rs 2 400 Cr Govt Dues By Sept Amid Financial Issues

Vodafone Idea was obligated to remit roughly Rs 770 crore as a license fee by July, along with Rs 1,680 crore as the initial instalment for the spectrum it procured through auctions conducted the previous year, , Vodafone Idea (VIL), telecom spectrum, telecom dues ....

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Government Studying 3 Telecom Companies' Proposal To Convert Dues Into Equity

Government is studying proposals from three telecom companies keen to convert interest on deferred AGR dues into equity, telecom minister said ....

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Centre to become Vodafone Idea's major shareholder with 35.8% stake

The telecom company has decided to convert its adjusted gross revenue dues into equities as per moratorium conditions announced by the government last year. ....

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Vi alleges DoT's 'clerical arithmetical errors' led to AGR dues increasing manifold

Updated Jan 11, 2021 | 12:49 IST
In its petition, the telco highlighted various errors that included the department not accounting Vi’s earlier payments, double counting of revenue items.
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New Delhi: Vodafone Idea (Vi) has filed a petition in the Supreme Court alleging that “clerical arithmetical errors” by the telecom department in calculating adjusted gross revenue (AGR) has led to a manifold increase in the adjusted gross revenue (AGR) dues being sought from the telco and has appealed the apex court to modify or clarify its earlier order, so as to allow the government to consider its submissions on these calculation errors and rectify them accordingly. ....

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