The Supreme Court will pronounce its judgment on the Airtel, Voda-Idea's plea seeking direction for correction of errors in Adjusted Gross Revenue (AGR) calculation on 22 July, 2021. Vodafone-Idea claimed that it is about to go under, cited dues of ₹1.8 lakh crore and sought correction of arithmetic errors, while Bharti Airtel claimed duplication, unaccounted payments, disallowed deductions. On Monday, the apex court reserved the order on these two telcos seeking correction of errors in demand. The apex court in September last year had given 10 years time to telecom service providers struggling to pay rupees 93,520 crores of AGR related dues to clear their outstanding amount to the government. The apex court had in October 2019 delivered its verdict on the AGR issue.

Source: Mint July 21, 2021 14:15 UTC