Airtel, Vodafone Idea Refuse to Provide Bank Guarantees Against AGR Dues; SC Asks Them to Provide Balance Sheets
The Supreme Court has ordered the telcos like Bharti Airtel and Vodafone to file their audited balance sheets of the past 10 years after telcos refused to provide additional bank guarantees and security against AGR-related payments. The Court said that the next hearing will take place in the third week of July. The Court has also directed these telcos to come up with payment proposals and asked the Department of... Read More
