Telecom relief: Vi to pay Rs 1,144 crore over next 10 years for frozen Rs 87,695 crore AGR dues; bulk repayments start March 2036

Vodafone Idea (Vi) will pay the government Rs 1,144 crore over the next 10 years, with the remaining adjusted gross revenue (AGR) dues — frozen at Rs 87,695 crore — to be paid in instalments starting March 2036, the company said on Friday, reported PTI.The Union Cabinet has frozen Vi’s AGR dues at Rs 87,695…

Read More

Mutual funds trends: Equity funds see 6% dip to Rs 28,054 crore in December; debt outflows hit AUM

Equity mutual fund inflows declined by over 6% to Rs 28,054 crore in December, even as investor interest in equities and gold remained intact amid heavy redemptions from debt schemes, data released by industry body AMFI showed on Friday.The moderation in equity inflows came from Rs 29,911 crore in November, though collections were still higher…

Read More