Vodafone Idea shares dive 11% in 2 sessions after govt rules out further relief on AGR dues

Vodafone Idea shares dive 11% in 2 sessions after govt rules out further relief on AGR dues

Vodafone Idea shares extended losses for the second straight session, falling 11.3% over two days to touch an intraday low of Rs 6.56 on Thursday. The decline comes after the government clarified that no additional relief will be considered for the financially stressed telecom operator with respect to its adjusted gross revenue (AGR) dues. The … Read more

Govt considering dropping COVID pre-call announcements from phones after 2 yrs of pandemic

Govt considering dropping COVID pre-call announcements from phones after 2 yrs of pandemic

The instructions for implementation of COVID-19 pre-call announcements and caller tunes to Telecom Service Providers were issued by DoT following directions received from the Union Health Ministry. The COVID-19 awareness pre-call audio announcements set by telecom operators at the start of the pandemic may soon become history. After almost two years of raising awareness about … Read more