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The Economic Times

Economy / The Economic Times

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SC to decide telecom firms plea for release of Rs 3,300 crore bank guarantees

The Supreme Court will decide pleas by Bharti Airtel, Vodafone Idea and other telecom operators seeking release of 3,300 crore in bank guarantees following a Bombay High Court ruling against retrospective one-time spectrum charges. The apex court declined to direct the government, noting it has not stayed the high court order.

18 Aug 2026 11:48 pm