BQuick On Jan. 16: Top 10 Stories In Under 10 Minutes



  • Summary:

     

    This is a roundup of the day’s top stories in brief.

    The Supreme Court dismissed the review petitions of telecom operators on the definition of adjusted gross revenue that makes them liable to pay thousands of crores in pending dues.“Having perused the review petitions and the connected papers with meticulous care, we do not find any justifiable reason to entertain the review petitions,” a bench headed by Justice Arun Mishra said in response to pleas by Bharti Airtel Ltd. and Vodafone Idea Ltd.The apex court in October had ruled that the operators would have to include non-core revenue to calculate levies.That left them with a bill of more than Rs 50,000 crore as adjusted gross revenue dues comprising spectrum usage charges and licence fees, among others.Vodafone Idea and Bharti Airtel p ...

     

     

    Read Full News: https://www.bloombergquint.com/business/bquick-on-jan-16-top-10-stories-in-under-10-minutes-2


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