With SC's strict order, is it all over for Voda-Idea?



Vodafone Idea’s net worth (or shareholders’ equity) was down 73 per cent year-on-year to around Rs 17,600 crore at the end of the December 2019 quarter after the company reported a net loss of around Rs 6,400 crore during the quarter. Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year. Analysts said a such a low level of net worth, coupled with continuing losses in operations, ruled out the possibility of the company getting fresh loans from lenders to fund its adjusted gross revenue (AGR) dues of Rs 54,000 crore.



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Microsoft CEO Satya Nadella to visit India this month



Nadella’s visit comes at a time when the Indian government is taking a strong position on issues like data localisation and tightening the rules for e-commerce companies as well as social media platforms.



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Why Mumbai 24×7 is not a thumbs up with mall owners



Experts feel that mall owners anticipate an increase in costs to the tune of 15-20 per cent annually, prompting a mixed response to the ’24 hours’ initiative. A mall owner said while the policy is good in spirit, implementing it would be a challenge as night shopping or eating out wasn’t a habit in Mumbai yet.



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MG Motors' electric vehicle sold out before launch



This number is more than the total number (1,071) of electric cars sold in India in calendar year 2019. MG has stopped registrations for the ZS and will cater to 2,409 of the total bookings.



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SC judge opts out of hearing Mallya's plea



Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya’s petition against the confiscation of his properties by the Enforcement Directorate.



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