India, May 19 -- New Delhi [India] May 19 (ANI) Supreme Court on Monday dismisses write petition by Vodafone Idea and Airtel for exemption of interest on Adjusted Gross Revenue (AGR) dues. A bench of Justices JB Pardiwala and R Mahadevan dismissed the pleas calling the petitions "misconceived".

Vodafone Idea had approached the Supreme Court earlier this month, seeking relief of over Rs 45,000 crore in relation to its AGR dues. The apex court has earlier as well refused to given any relief to the telecom company.

The company also noted that the government had converted a portion of its dues, about Rs 39,000 crore into equity, it still owed nearly Rs 1.19 lakh crore in spectrum and AGR-related dues.

Bharti Airtel and Bharti Hexacom, too ...