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Vodafone Idea shares jumped nearly 8% after the Indian government waived the requirement for bank guarantees on spectrum ...

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Vodafone Idea spurts 17.34% to Rs 8.19 after the Union Cabinet reportedly approved the waiver of bank guarantees (BGs) for spectrum purchased before 2022.

Vodafone Idea is expected to submit BGs totaling to Rs 24,600 crore, while Reliance Jio’s annual BG requirement from previous ...