Explained: Adjusted Gross Revenue (AGR) in Telecom Sector

In a strongly-worded order, the Supreme Court of India upheld the Department of Telecom (DoT)’s interpretation of “adjusted gross revenue” (AGR). This came as a huge blow to telecom service providers. Following the order, the telcos are now staring at dues of an estimated ₹1.4 lakh crore, which needs to be paid to the government … Continue reading Explained: Adjusted Gross Revenue (AGR) in Telecom Sector