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Vodafone Idea, Bharti Airtel trade flat after early gains on Bombay HC relief in spectrum dues case
Shares of Vodafone Idea and Bharti Airtel turned flat in trade on Tuesday after rising in early deals following the Bombay High Court’s decision to set aside the Centre’s retrospective levy of one-time spectrum charges on telecom operators for spectrum held beyond 6.2 MHz between 2008 and 2012.
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economictimes.indiatimes.com
Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone Idea
The Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea. This decision brings relief of approximately Rs 20,000 crore to both…
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thehindubusinessline.com
Bombay HC quashes one-time spectrum charge for Vodafone Idea, Bharti Airtel
Bombay High Court quashes one-time spectrum charges for Vodafone Idea and Bharti Airtel, citing lack of government authority.
