Sunil Bharti Mittal News

₹10,000 crore in adjusted gross revenue (AGR) dues to the government by 31 March, according to two people familiar with the matter, even as the telecom operator presses for a recalculation of its liabilities on par with Vodafone Idea.This marks the first tranche of payments after a four-year moratorium ended in September 2025, with instalment schedule beginning March 2026.“The company will need to make this AGR dues payment, which includes licence fee and spectrum usage charges (SUC),” one of the people cited above said, seeking anonymity. “At ₹10,000 crore, this payment would be just one-fifth of the total AGR dues of the company,” the person said, adding that the company is taking up the re-calculation of the dues issue separately.Bharti Airtel’s deferred payment liability towards AGR was at ₹38,604 crore, according to its FY25 annual report.

Ashwini Vaishnaw welcomed Elon Musk's Starlink on Wednesday, highlighting its potential to benefit railway projects in remote areas. «Starlink, welcome to India! Will be useful for remote area railway projects,» said Vaishnaw in a statement on X. Billionaire Mukesh Ambani's Jio Platforms has struck a deal with SpaceX, the aerospace company led by Musk, to bring Starlink's broadband internet services to India, a surprise move that follows months of bickering over how Musk's venture should be granted spectrum rights. The deal with Musk — considered the right-hand-man of US President Donald Trump — came a day after telecom tycoon Sunil Bharti Mittal's Bharti Airtel signed a similar partnership deal with SpaceX.

Axis Securities has an overweight call on Bharti Airtel with a target price of Rs 1,880. The current market price of Bharti Airtel is Rs 1587.5. Bharti Airtel, incorporated in 1995, is a Large Cap company with a market cap of Rs 969654.35 crore, operating in Telecommunications sector. Bharti Airtel's key products/revenue segments include Service Revenue and Sale of Products for the year ending 31-Mar-2024.

Bharti Airtel, under which the latter will provide network and connectivity solutions for CBDT's Taxnet-2.0 programme. This contract is an extension as Airtel has been the network partner to CBDT since 2008 in Taxnet-1.0.

Ram temple at Ayodhya as corporate India gave leaves to staff and organised special prayers to mark the consecration. Billionaire Mukesh Ambani and his family as well as steel tycoon Lakshmi N MIttal, telecom czar Sunil Bharti Mittal, Reliance Group head Anil Ambani and Aditya Birla group chairperson Kumar Mangalam Birla and his daughter Ananya Birla were among the businessmen in Ayodhya for the consecration of Ram temple.

The Telecom Regulatory Authority of India will issue its recommendation on satellite spectrum allocation methodology and other pending matters after the appointment of a regular chairperson, an official source said. The position of Trai chairperson has been vacant since October 1 after the tenure of P D Vaghela ended in September.