Vodafone Idea Faces Setback as Govt Denies Rs 6,090 Crore Bank Guarantee Relief: Report

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Kyle Crane

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No Relief from the Government

Vodafone Idea must deposit Rs 6,090 crore by the end of the day as per the Department of Telecom's (DoT) directive. The DoT had sought this bank guarantee from Vodafone Idea for the spectrum acquired after 2015. According to the report, the telecom operator had requested an exemption but did not receive one.
 
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