Supreme Court lets Airtel, Vi keep ₹3,300 cr bank guarantees
The apex court denied the government's plea to stay a Bombay High Court order that cancelled a ₹3,300 crore one‑time spectrum levy and ordered the release of bank guarantees for Bharti Airtel and Vodafone Idea. The relief instantly frees about ₹8 trillion of liability for the two telcos while the government’s appeal proceeds.