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Vodafone Idea a big winner as Cabinet okays bank guarantee waiver: What you need to know

Vodafone Idea a big winner as Cabinet okays bank guarantee waiver: What you need to know

The Modi government’s decision to waive off bank guarantees (BGs) for deferred spectrum payments for auctions conducted from 2012 onwards is a significant relief for the telecom industry, especially for Vodafone Idea (Vi).