Vodafone Idea Gets ₹2,113 Crore Relief from Bombay HC

Vodafone Idea received major relief after the Bombay High Court quashed the Department of Telecommunications' ₹2,113 crore one-time spectrum charge (OTSC) demands against the company and erstwhile Spice Communications. The court also ordered the return of bank guarantees, ruling that retrospective spectrum charges lacked legal backing, boosting investor sentiment. $IDEA