Relief in the works for AGR-hit telecom companies

The development comes a day after the DoT issued notices to telcos to pay their remaining AGR dues without any further delay, increasing pressure on Vodafone Idea. The DoT also wrote to telcos seeking details and explanations for their self-assessment, needed for the government to reconcile the amounts with its calculations.

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THE ECONOMIC TIMES NEWS DIGEST Fri, Mar 06, 2020 | 04:30 PM IST

Dear Reader, here are top stories of the day.

Industry Relief in the works for AGR-hit telecom companies The development comes a day after the DoT issued notices to telcos to pay their remaining AGR dues without any furthe... Do you have an account, loan EMI, Mutual fund, SIP investment in Yes bank? Here is what you should do If you are a Yes Bank customer and are alarmed over the situation, here is what lies ahead for you.... Carlsberg probes India arm for alleged fraud Carlsberg has launched an internal audit of all processes, and has reopened previously closed investigations....

Today's Highlights RBI takes control of Yes Bank, withdrawals cap at 50k The RBI has also superseded the Board of Directors of Yes Bank Ltd for a period of 30 days.... Vodafone Idea submits AGR self assessment "... the company has today filed its self-assessment of the AGR liabilities with the Department of Telecommunications... RBI chief, top bankers assuage concerns on Yes Bank RBI governor Shaktikanta Das took the lead in assuring depositors expressing confidence that a resolution for the cap...

News Want to know if Covid-19 was there before you? Without using data as ammunition, it isn't clear how to effectively contain the spread of this disease.... RBI hasn't given up on its crypto fight RBI is worried that the order could pave way for trade in virtual currencies, putting the banking system at risk.... Virus: HSBC sends home 100 London staff HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the...

Tech Data Bill: Global trade bodies raise privacy concerns The coalition, which represents companies such as Amazon, Google, Apple, Microsoft, Facebook and IBM among others, ha... Code, share and even hire: What happens at tech community events Tech community events are not only becoming platforms to solve challenges, but are also turning into hunting grounds ...

Mutual Funds Mutual funds schemes with significant exposure to troubled Yes Bank Many mutual fund investors are wondering whether their mutual fund schemes have exposure to the troubled bank's stock... 'They had Rs 50 lakh in FD, but didn't want to invest more Rs 10,000 per month in mutual funds' Ankit Shinde (40) and Madhumita Shinde (39) met Rishabh Parakh at one of my seminars in an IT company a few weeks ago...

RISE YES Bank moratorium hits PhonePe services On Thursday, the Reserve Bank of India limited capital-starved YES Bank's withdrawal to Rs 50,000 for the next one mo... Sachin Bansal's wife files dowry case against him The FIR detailed that Priya Bansal's father spent Rs 50 lakh on the marriage ceremony and the bride's family handed o... UPI transaction limit for stores doubled to Rs 2 lakh The move is expected to boost digital payment players such as Paytm, Google Pay and PhonePe, as well as millions of r...

Panache What's keeping women from landing tech jobs? More women than men have the knowledge but still lack the practical experience needed to execute it.... Australian musician hospitalised for coronavirus The musician had cancelled his appearance due to pneumonia-like symptoms....

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