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2023

Новости за 06.02.2023

We could've given a Budget with fantastic numbers, but it's us who'll have to answer a year later: Nirmala Sitharaman

Economictimes.indiatimes.com 

The government is being realistic in this budget in terms of projected revenue generation, Sitharaman asserted. According to her, among other things, his also sends the right message to income tax field formations not to go after big numbers. When tax guys chase big targets, it creates scope for harassment, which is something that the government does not want, the FM said.

Govt decision to convert Vi's interest on dues to equity to keep telco away from NCLT: Analysts

Economictimes.indiatimes.com 

However, the loss-making Vi is likely to face an annual shortfall of about Rs 24,700 crore ($3 billion) in free cash flows (FCF) from 2026-27, once spectrum payments resume, said analysts. This is since the dues conversion into equity amounts to about Rs 16,100 crore debt reduction for Vi, which is barely 7% of the telco’s whopping Rs 2.2 lakh crore net debt and won’t result in any immediate savings in FCF, said Goldman Sachs.



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