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VI BANK GUARANTEE
Not received intimation on BG waiver yet: Vodafone IdeaVodafone Idea (Vi) clarified that it hasn't received official communication from the Department of Telecommunications (DoT) regarding the w...26 Nov, 2024, 04.35 PM IST- Vodafone Idea a big winner as Cabinet okays bank guarantee waiver: What you need to knowThe Indian government waived bank guarantees for telecom spectrum payments due before 2022. This move provides significant relief to Vodafo...26 Nov, 2024, 02.57 PM IST
- Tata Teleservices among other telecom stocks rally up to 19% on bank guarantee waiverVodafone Idea shares witnessed the highest surge, climbing 18.6% to reach their intraday peak of ₹8.28, followed by Tata Teleservices (Maha...26 Nov, 2024, 12.10 PM IST
- Vodafone Idea shares zoom 18% on in-principle Cabinet nod for bank guarantee waiverIdea Share Price: Vodafone Idea's shares surged 18% after the Indian government waived bank guarantees for past spectrum purchases. This mo...26 Nov, 2024, 10.10 AM IST
- Vodafone Idea misses Rs 350-crore bank guarantee payment; may not face penal actionVodafone Idea failed to pay its second bank guarantee of ₹350 crore due on November 1st for spectrum acquired in a 2012 auction. This follo...25 Nov, 2024, 12.56 AM IST
- Airtel seeks level playing field as DoT considers Vi’s request to waive bank guaranteesBharti Airtel has urged the Department of Telecommunications (DoT) to ensure equal treatment for all telecom operators regarding the potent...05 Nov, 2024, 08.39 AM IST
- Vodafone Idea in talks with DoT to remove need for bank guaranteesVodafone Idea is in talks with the Department of Telecommunications to waive bank guarantee requirements for spectrum acquired before 2022....08 Oct, 2024, 09.57 AM IST
- Vodafone Idea shares fall 7% after DoT issues notice over bank guarantee non-submissionVodafone Idea shares fell following the DoT issuing a notice to the company for failing to submit bank guarantees covering past spectrum au...07 Oct, 2024, 09.56 AM IST
- DoT sends notice to Vi for not submitting bank guaranteesThe Department of Telecommunications has issued a notice to Vodafone Idea for failing to submit bank guarantees for past spectrum auction d...06 Oct, 2024, 11.59 PM IST
- Vi dials lenders for Rs 23,000 cr term loans, seeks Rs 10,000 cr in bank guaranteesVodafone Idea (Vi) proposes borrowing Rs 23,000 crore in term loans and seeks Rs 10,000 crore in bank guarantees to enhance its telecom inf...18 Jun, 2024, 08.31 AM IST
- Vodafone Idea gets Rs 2,000 cr from HDFC Bank, clears past licence, SUC duesHDFC Bank, one of India's top financial institutions, has extended a Rs 2,000 crore loan to struggling telco Vodafone Idea (Vi). This loan ...02 Nov, 2023, 11.09 AM IST
- Vodafone Idea pays half of licence, spectrum usage charge dues for March quarterAs per DoT officials, if the company sticks to its payment plans, the department will not invoke the bank guarantees. But if it fails, then...09 Sep, 2023, 12.28 AM IST
- DoT may return Telcos' ₹23kcr bank guaranteesAs reported by ET in its March 2 edition, Vi had sought release of BGs worth around Rs 15,000 crore, and freezing of the AGR dues on Octobe...07 Mar, 2022, 06.47 AM IST
- Telecom department returns ₹9,000 crore worth of BGs to ease telcos' burdenThe bank guarantees are submitted to the Department of Telecommunications (DoT) and in case statutory dues like licence fees and spectrum u...04 Dec, 2021, 11.25 AM IST
- Bank guarantees of telcos to be returned, govt likely to tell Supreme CourtBetween Vodafone Idea and Bharti Airtel, the DoT holds some Rs35,000 crore in BGs, out of which guarantees of around Rs 13,000 crore are re...24 Nov, 2021, 04.46 PM IST
- Can raise $1 billion by June, Vodafone Idea tells lendersSeparately, one of Vi’s domestic lenders, a large public-sector bank, recently extended a bank guarantee for about Rs 1,420 crore by anothe...03 May, 2021, 08.53 AM IST
- Vodafone Idea assures banks it will not default on payment deadlinesState Bank of India has lent ₹11,200 crore to Vi while Punjab National Bank has advanced ₹1,000 crore. Private banks led by IndusInd Bank (...09 Nov, 2020, 09.24 AM IST
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