Supreme Court rejects telecom firms' plea for relief on government dues
Global Economy
16 January, 2020, 06:05 pm
Last modified: 16 January, 2020, 06:13 pm
Bharti Airtel and Vodafone Idea sought review on the order to pay a bulk of nearly $13 billion in dues to the Indian government
A view of the Supreme Court building is seen in New Delhi December 7, 2010. REUTERS/B Mathur/Files
India's top court on Thursday rejected petitions by mobile operators including Bharti Airtel and Vodafone Idea seeking a review of its order to pay a bulk of nearly $13 billion in dues to the government.
The Supreme Court late last year upheld a demand by the country's telecoms department that wireless carriers pay 920 billion rupees ($12.98 billion) in overdue levies and interest, a decision that almost threatens the survival of Vodafone Idea.
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