Buzzing stocks: Airtel, Vodafone Idea, NLC India, TCS, HCL, JSW Energy, Panacea Biotec, Simplex Castings, Avantel
The Bombay High Court on Monday set aside the Centre's decision to levy a one-time spectrum charge retrospectively on telecom operators for spectrum held beyond 6.2 MHz between 2008 and 2012, providing major relief to Bharti Airtel and Vodafone Idea. The court said that the Centre has failed to justify any authority in levying the charges and altering the financial…
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