VodaIdea, Airtel may file review petition on AGR today

Airtel and Vodafone Idea are in the process of filing review petition in the Supreme Court on Friday against the AGR judgment of the top court last month.

Both companies are to seek waiving of interest, penalty and relaxing 3 months timeframe to make payments after the Secretaries panel declined to offer any breather in view of the fact that any curative petition has to be filed within a month, sources said.

Airtel and Vodafone both declined to comment.

Review petitions are to be filed within a month of original decision which came on October 24.

As per original order, they are to pay the dues by January 24. Both have made Rs 74,000 crore losses on account of Rs 53000 crore provisioning for these dues payments.