Editorial Government Becomes Largest Stakeholder in Vodafone Idea: What Next? The Government of India has become the largest shareholder in private telecom company Vodafone Idea. Vi has faced quite some turbulence in terms of its finances and is heavily burdened by debt to banks as well as the government. The government will be the largest shareholder in Vodafone Idea after converting all of its pending […] Written by Maarg Vaidya January 13, 2022January 13, 2022
Editorial Is Vodafone Idea Staring at Slow Death? Vodafone Idea Ltd (Vi) has been all over the news lately. Unfortunately, none of the reports about the company are positive. They are losing lakhs of subscribers rapidly and are destined to file for bankruptcy soon. There is a high level of uncertainty surrounding the survival of the telecom operator. Many feel that Vi is […] Written by Cherian Varghese August 24, 2021September 19, 2021
Editorial Retrospective Tax Abolished: What Does It Mean For Companies? The Union Government has abolished the much-despised ‘Retrospective Taxation Law’ that was introduced in 2012. This move could change India’s reputation as an investment hub in foreign markets. So what exactly is retrospective taxation? Why was it introduced? Why was it abolished and what does it mean for the country? Read on to know more. […] Written by Maarg Vaidya August 11, 2021August 11, 2021
Editorial Vodafone Idea is now VI. How Did We get here, and what lies ahead? Vodafone-Idea Group has re-branded as ‘Vi’ as it looks for a fresh start. The company announced the move after the Supreme Court gave its verdict on the AGR dues case (Read More Here). In the verdict, the apex court gave Vodafone-Idea Ltd, a period of 10 years to clear its pending dues of Rs 54,754 crore. Many […] Written by Maarg Vaidya September 11, 2020November 9, 2020
Market News Vodafone Idea Q1 Result: Net Loss at Rs 25,460 crore Vodafone Idea Ltd in its Q1 FY21 result reported a Net Loss of Rs 25,460 crore. Last year in the corresponding quarter, the debt-ridden telecom player reported a net loss of Rs 4873.9 crore. It is almost a five-fold increase in net loss year-on-year (YoY). Q1 FY21 Q4 FY20 Q1 FY20 QoQ% YoY% Revenue 106,593 […] Written by Maarg Vaidya August 6, 2020August 6, 2020
Market News SC reserves order on the timeline for AGR dues to be paid. The Supreme Court today once again reserved its order on the much-talked-of AGR (Adjusted Gross Revenue) case. The timeline for the payment of AGR dues is still debatable. The Sum and Substance of Today’s Hearing A three-judge bench of Justices Arun Mishra, S Abdul Nazeer and MR Shah heard the case. The court reserved their order […] Written by Maarg Vaidya July 20, 2020July 21, 2020
Editorial The entire Telecom AGR saga What is AGR- Adjusted Gross Revenue? Whenever a company makes money, they are liable to pay tax to the government. Telecom companies charge Interconnect Usage Charge(IUC) but it is not a part of the income which stays with them. They have to pass it to different operators. Thus, this charge only inflates up their total […] Written by Sanidhya Bhardwaj July 20, 2020November 9, 2020
Market News Telecom AGR hearing on 20th July – Vodafone Idea in Focus The AGR saga continues and its next hearing will be on 30th July. This story of Adjusted Gross Revenue from telecom sector has been continuing for the past 16 years. Supreme Court’s order of October 2019, widened the definition of AGR to include non-core items. Companies like Airtel, Vodafone and others missed the apex court’s […] Written by Sanidhya Bhardwaj July 17, 2020July 18, 2020
Why Did Motherson Sumi’s Shares Fall 22% Last Friday? The shares of Motherson Sumi Systems Ltd fell up to 22% to Rs 182.85 on the NSE last Friday (January 14). Investors went into panic mode as most were unaware of the developments happening at the company. Motherson Sumi Systems Ltd (MSSL) is a leading manufacturer of automotive components. It produces and sells wiring harnesses, […] Written by Cherian Varghese January 19, 2022January 19, 2022
The Rise, Fall, and Revival of Cafe Coffee Day (CCD) ‘A lot can happen over coffee’. Since its inception nearly 25 years ago, Cafe Coffee Day (CCD) has become a favourite hangout spot for Indians. It defined the café landscape within India. You can find CCD outlets on major highways, near colleges and corporate parks across our country. Its founder, V.G. Siddhartha, had an ambitious […] Written by Cherian Varghese January 17, 2022January 19, 2022
Government Becomes Largest Stakeholder in Vodafone Idea: What Next? The Government of India has become the largest shareholder in private telecom company Vodafone Idea. Vi has faced quite some turbulence in terms of its finances and is heavily burdened by debt to banks as well as the government. The government will be the largest shareholder in Vodafone Idea after converting all of its pending […] Written by Maarg Vaidya January 13, 2022January 13, 2022
