SC rejects Vodafone Idea’s AGR relief plea

The Supreme Court on Monday dismissed pleas by telecom majors Vodafone Idea, Bharti Airtel, and Tata Teleservices seeking waiver of interest, penalties, and interest on penalties related to adjusted gross revenue (AGR) dues, shutting the final judicial door on a dispute that has lingered for years. The combined relief sought by Vodafone Idea and Bharti Airtel alone amounted to over Rs 80,000 crore.