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SC to Pronounce Verdict on AGR-related Issue Tomorrow

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The Supreme Court of India. (Image Credit: PTI)

The top court had in October 2019 delivered the verdict on the AGR issue for calculating government dues of telecom companies, such as Vodafone Idea, Bharti Airtel and Tata Teleservices, as licence fee and spectrum usage charges.

PTI

Last Updated: August 31, 2020, 10:48 PM IST

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#Airtel & #Reliance Industries To Submit Their Bids for Assets of #RComm

Bharti Airtel, Reliance Industries and three others are likely to bid for the assets of debt-ridden Reliance Communications on, according to sources close to the development.

The last date to submit bids will end and RCom (Reliance Communications) committee of creditors will also meet on the same day to open bids.

According to the sources, five bidders are expected to submit bids for RCOM assets…

#BhartiAirtel Withdrew It's Bid to Acquire Assets of #RComm

India’s leading telecom company, Bharti Airtel has withdrawn its bid to purchase assets of Reliance Communications (RCom) after terming the move of a committee of creditors to extend the bid submission deadline on the request of Reliance Jio as “extremely unfair” and “biased”.

Without naming Reliance Jio, Bharti Airtel Director (Finance) Harjeet Kohli in a letter to resolution professional Anish…