Vodafone Idea, which is yet to roll out 5G services, no longer needs to submit these bank guarantees and the Centre’s decision now opens the space for lenders to extend much-needed credit to the struggling telco. It urgently needs funding to ramp up 4G coverage and roll out 5G soon to catch up with bigger rivals Jio and Airtel.
How a $2.6 trillion fund was taken for a ride: Andy Mukherjee
India’s market regulator SEBI has discovered a scheme led by former stockbroker Ketan Parekh to profit from confidential trade information of Capital Group. Parekh used