In no particular order, here are MediaNama’s top 10 stories of the week ended 24th November 2019 MediaNama would like to thank its sponsors: E2E, for their support. Day after posting a Rs 50,897 cr loss, Vodafone Idea CEO calls for generous payment option for AGR dues A day after Vodafone Idea posted a staggering loss of Rs 50,897 crore for Q2FY20, its MD and CEO Ravinder Takkar said that it would be “very, very helpful” if the government allowed the company a generous payment plan, spread over a large period of time to pay the Adjusted Gross Revenue (AGR) dues. Read it here Bharti Airtel looking to raise Rs 21,000 crore to pay AGR dues: Report Bharti Airtel is looking to raise around Rs 21,000 crore ($3 billion) so that it can pay the Supreme Court-directed Adjusted Gross Revenue (AGR) dues. Its current cash flows are not large enough to pay the dues in full in a short period of time, according to a Business Standard report. Read it here India adds 9.46M debit cards, 0.82M credit cards in September 2019 In September 2019, the number of debit cards grew to 835.6 million, a 9.46 million increase over August. At the same time, a total of 52.6 million credit cards were in operation, with the addition of 0.82 million cards, according to the Reserve Bank of India. Between September 2018 and September 2019, India added some 10.8 million credit cards and lost over 146.9 million debit cards. Read it…
