Vodafone Idea and Airtel Get Thousands of Crores Back from DoT in BGs
In a fresh development, the Department of Telecommunications (DoT) has filed an affidavit in the Supreme Court (SC) confirming that it has returned the bank guarantees (BGs) to Vodafone Idea (Vi) and Bharti Airtel. DoT had to return approximately Rs 15,000 crore to Vi and Rs 7,000-Rs 8,000 crores to Airtel in BGs. The DoT has returned the BGs because the telcos have opted for a moratorium of four years... Read More