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Page 13 - துறை ஆஃப் தொலைத்தொடர்பு செய் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Government mulling long-term measures to boost health of stressed telecom sector

Synopsis A critical step is a relook at the definition of AGR to exclude non-telecom items. This has been a longstanding battle between the government and telcos, which the DoT won in September 2019 in the Supreme Court. Agencies The government is considering a slew of long-term measures to improve the health of the debt-laden telecom sector, which includes prospectively redefining adjusted gross revenue (AGR) to exclude ‘non-telecom’ items and allowing telcos to surrender unused spectrum for a small penalty. Other measures being discussed with the Department of Telecommunications (DoT) include reduction in licence fees (LF) and spectrum usage charges (SUC) and phasing out bank guarantees, senior government officials say.

Nifty today: SGX Nifty up 40 points; here s what changed for market while you were sleeping

Tech View: Nifty50 on Tuesday formed a large bearish candle on a daily scale but analysts do not see it as a sign of weakness but consolidation in the 15,600-15,900 range. India VIX: The fear gauge jumped 6 per cent to 13.23 level on Tuesday over its close at 12.45 on Monday. Asian stocks mixed in early trade Asian shares markets were trading mixed on Wednesday as investors turn cautious by falls on Wall Street with eyes on the outcome of a US Federal Reserve meeting later in the day. MSCI s broadest index of Asia-Pacific shares outside Japan was up by 0.16 per cent.

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