₹4 lakh crore demand for adjusted gross revenue (AGR) related dues raised against non-telecom PSUs. The Supreme Court has directed telecom companies to furnish financial statements and books of accounts of last 10 years to ascertain the firms' capability to clear adjusted gross revenue (AGR) related dues to the government.
The case has been adjourned till the third week of July.According to Shrikant Chouhan, Executive Vice President, Equity Technical Research, Kotak Securities said that the weekly expiry day turned out to be a huge factor for the markets as Nifty closed above the levels of 10070. “For last three days, the market had been trading in a range of 200 points and was waiting for the outcome on Interest rate moratorium and the.