SC

AGR dues: After SC denies relief, is it the end of road for Vodafone Idea?

There was gloom at the headquarters of Vodafone Plan in Mumbai on Friday, with best executives saying the corporation would not be able to choose the more Rs 54,000-crore hit and it would now close up in individual bankruptcy court.

“It would be tough for the corporation to survive soon after this judgment,” stated a Vodafone executive.

Vodafone Idea’s internet value (or shareholders’ equity) was down 73 per cent yr-on-yr to all-around Rs 17,600 crore at the close of the December 2019 quarter soon after the corporation described a internet reduction of all-around Rs 6,400 crore in the course of the quarter. Cumulatively, the corporation has dropped nearly Rs 45,000 crore in the past 4 quarters, eroding its internet value to its least expensive level in three-yr.

Analysts stated a this sort of a small level of internet value, coupled with continuing losses in operations, ruled out the probability of

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SC asks parties to reveal pending criminal cases against poll candidates

The Supreme Court docket on Thursday directed all political functions to add on their web-site aspects of pending criminal scenarios from candidates contesting polls, noting that there has been an alarming improve in criminalisation of politics.

The apex court explained political functions will also have to add causes for choosing candidates with pending criminal scenarios on their web-site.

The court passed orders on a contempt plea which lifted the challenge of criminalisation of politics declaring that instructions offered by the apex court in its September 2018 verdict relating to disclosure of criminal antecedents by candidates are not being followed.

A bench headed by Justice F Nariman also directed that political functions will publish these aspects on social media platforms like Facebook and Twitter and in one nearby vernacular and one nationwide newspaper.

The top court explained political functions will have to submit a compliance report in this regard to the

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