AGR dues: SC refuses to accept Vodafone Idea's proposal to pay Rs 2,500 cr by today

The Supreme Court has refused Vodafone Idea's proposal to pay Rs. 2,500 crores by today and Rs. 1000 crores by Friday against Adjusted Gross Revenue dues and request for no coercive action. The debt ridden telecom firm's liability is estimated to be over Rs. 53,000 crores, including over Rs. 24,700 crores of spectrum dues and Rs. 28,300 crore in licence fees. Vodafone Idea Ltd. had earlier warned of shutdown if no relief is given. Meanwhile, telecom provider Bharti Airtel has p...