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Department of Telecommunications

After Voda Idea’s call, bank guarantee waiver in works

After Voda Idea’s call, bank guarantee waiver in works

New Delhi: The Department of Telecommunications (DoT) has prepared a draft cabinet note seeking to waive the requirement of providing bank guarantees (BGs) for securitisation of deferred spectrum instalments, subject to some conditions, officials said.

Vodafone Idea in talks with DoT to remove need for bank guarantees

Vodafone Idea in talks with DoT to remove need for bank guarantees

In case the DoT decides to waive the bank guarantee requirement for past auction dues, Reliance Jio and Bharti Airtel, along with Vi, will also benefit to an extent.

DoT identifies & notifies products for revised, stricter public procurement norms

DoT identifies & notifies products for revised, stricter public procurement norms

Apart from that, royalties, technical charges paid out of India, and supply of repackaged and refurbished goods was excluded from the calculation of local content as per the order issued by the Department of Promotion of Industry and Internal Trade (DPIIT).