Photo: Capacity Media
Vodafone Idea Says It Could Go Bankrupt If AGR Errors Not Rectified
A reappraisal was filed by Vodafone Idea Limited (VIL) in the SC after it rejected its plea to rectify errors in calculating adjusted gross revenues (AGR). Calling it a "travesty of justice", the telecom operator said that the apex court has restricted VIL from questioning arithmetical errors which could cost them about Rs 25,000 crore. VIL also said that the company could go bankrupt leaving customers "high and dry."
Tags: VODAFONE IDEA, Supreme Court of India, Adjusted Gross Revenue AGR, telecom operators
Courtesy: Gadgets Now
Photo: Deccan Herald
Joint Committee Of Parliament To Question Telcos and Cab Aggregators
Following the trail of the social media companies, the telecom operators and cab aggregators will also be questioned by the Joint Committee of Parliament on 'Data Protection Bill'. While Jio has been summoned on November 4, Airtel and Truecaller will appear on November 6. Reportedly, the panel will question Ola and Uber on November 5. The committee is looking into data collection issues and intends to protect individuals' information.
Tags: telecom operators, Airtel, Jio, Ola, Uber, parliament panel
Courtesy: India Today
