In the September 2023 quarter, the government’s collection of licence fees from telecom service providers rose by 8.23% year-on-year to Rs 5,326 crore, while spectrum usage charge (SUC) revenue decreased by about 40% to Rs 836 crore, as per the latest report from the Telecom Regulatory Authority of India (Trai). Despite a 1.22% decline in operators’ gross revenue (GR) to Rs 82,741 crore, adjusted gross revenue (AGR) increased by 7.43% year-on-year to Rs 66,583 crore during this period.
Adani Energy shares tumble 4% on Sebi notice for alleged misclassification of shareholding
Adani Energy Solutions shares are under scrutiny following the receipt of a show-cause notice (SCN) from the Securities and Exchange Board of India (SEBI) during