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LiveMint - Companies 33d ago
Airtel, Vi eye over ₹24,000 crore relief as Bombay HC quashes govt's spectrum fee demand
While the Bombay High Court has now quashed the demands against Airtel and Vodafone Idea, the broader legal battle over OTSC remains pending before the Supreme Court through multiple parallel proceedings.
IDEASPECTRUMSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
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ET Markets - Industry 33d ago
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 companies. Bank guarantees submitted by the firms will be returned. All demand notices and orders concerning these charges have been set aside. The Supreme Court is still considering the matter.
ALLETECALLTIMEBANKINDIABHARTIARTLIDEASPECTRUMSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction