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Taiwan Eyes Curbs on AI Chip Sales to China to Align With US
The idea is to give authorities more legal tools to address diversion of advanced hardware, like AI servers with Nvidia chips, from Taiwan to China.
Bharti Airtel, Vodafone Idea get ₹10,500 crore-plus relief after Bombay HC verdict
Bharti Airtel and Vodafone Idea have quantified the financial impact of the Bombay High Court's ruling on one-time spectrum charges, with the order setting aside demands worth over ₹10,500 crore and directing the return of bank guarantees.
Airtel Arm Bharti Hexacom Gets Rs 473-Crore Relief After Bombay HC Order In Spectrum Case
The relief comes as part of a wider judgment in favour of Bharti Airtel and Vodafone Idea, with the court striking down the Centre's retrospective levy of one-time spectrum charges imposed on telecom operators.
Buy, Sell Or Hold: Arvind, Cochin Shipyard, Syrma SGS, Vodafone Idea, EPL, And More — Ask Profit
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Vodafone Idea share price jumps over 3% after Bombay High Court relief on spectrum charges
Vodafone Idea share price has gained 30% in one month, and has rallied 47% in three months. The telecom stock has surged 36% in six months, while it has jumped 106% in one year.
Telecom stocks in demand: Voda Idea, Bharti Hexa gain up to 4%; here's why
India's telecom sector is in a multi-year recovery, driven by ARPU improvement, structural data demand, and lower incremental capex, analysts at Elara Capital believe.
Vodafone Idea Shares Rise 3% After Bombay High Court Quashes Retrospective Spectrum Levy
Vodafone Idea shares rose as much as 3.12%, and are currently trading around 1.60% higher at Rs 14.63 apiece as of 9:20 am.
Explained: Why Bharti Airtel, Vodafone Idea shares rallied up to 4% on Tuesday
Bharti Airtel and Vodafone Idea shares gained up to 4% after Bombay High Court quashed the government's one-time spectrum charge demands, providing a combined relief of Rs 20,000 crore to Vodafone Idea and Bharti Airtel. The court ruled the government lacked legal authority to issue the demand notices, annulling all actions taken under them and directing the return of bank guarantees.
Stocks to watch: Adani Enterprises, Bharti Airtel, RVNL, Vodafone Idea, among key stocks in focus on 9 June - Mint
Stocks to watch: Adani Enterprises, Bharti Airtel, RVNL, Vodafone Idea, among key stocks in focus on 9 JuneMint
Here's why Bharti Airtel, Vodafone Idea shares will be in focus today
While company specific details are not available, the estimated relief for both Bharti Airtel and Vodafone Idea is said to be worth nearly ₹20,000 crore.
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech
Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC resumed cooking on trains. IGL has a new MD.
HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda Idea
The Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ruled the government could not retrospectively impose these charges for the period between 2008 and 2012. This decision removes significant financial uncertainty for the telecom sector. It creates a more supportive environment for future investments in India's telecommunications industry.