DoT tells firms to pay Rs 4L cr by Fri midnight

Department of telecommunications set Friday midnight as the deadline for private telecom majors and some big PSUs to cough up Rs 4 lakh crore they had been directed to pay to the govt as part of the licensing agreement. Noting that telecom companies had not paid “even a penny” in the last four months, the Supreme Court issued contempt notice to them along with their directors and posted the hearing for March 17.

from Times of India https://ift.tt/31SPXCw