January 16, 2020 / 11:42 AM / 13 days ago

India's Supreme Court rejects telecom firms' plea for relief on govt dues

NEW DELHI, Jan 16 (Reuters) - 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 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.

$1 = 70.8795 Indian rupees Reporting by Suchitra Mohanty; Writing by Sankalp Phartiyal; EDiting by Sanjeev Miglani

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