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DoT seeks 1.7tr rupees in outstanding dues from India's state owned utility provider

2019-12-23 01:00:00| Total Telecom industry news

India's department of telecoms has written to state owned gas and utility provider GAIL, asking it to pay unpaid dues of around 1.7 billion lakh crore rupees (1.7 trillion Indian rupees is approximately $24 billion at today's conversion rate)…read more on TotalTele.com »

Tags: state owned provider outstanding

India's DoT serves telcos with a 3 month payment deadline for $13bn ARG dues

2019-11-14 01:00:00| Total Telecom industry news

India's Department of Telecoms has issued a notice to the country's cash strapped telcos, demanding that they make payment of $13 billion of outstanding dues within three months. Last month, India's Supreme Court upheld a decision that telcos must calculate their Adjusted Gross Revenue (AGR) on their total incomes…read more on TotalTele.com »

Tags: month payment serves dot

Tata settles $7.3bn dues to complete mobile business sell off

2019-07-08 02:00:00| Total Telecom industry news

Indian conglomerate, Tata Group, has paid off $7.3 billion worth of dues, in order to complete the sale of its mobile phone business to Bharti Airtel. The deal was originally announced two years ago but has been held up over outstanding payments to India's Department of Telecoms…read more on TotalTele.com »

Tags: business complete mobile sell

Singapores MPA to grant additional 10% concession on port dues for container vessels

2016-01-15 01:00:00| Ship Technology

Singapores Maritime and Port Authority (MPA) has announced the decision to grant an additional 10% concession on port dues for container vessels calling at the Port of Singapore.

Tags: additional port grant container