Indian telecom firms' shares falter as top court rejects plea to recompute dues

Indus Towers

19/09/2024 07:29

** Shares of Vodafone Idea  VODA.NS  fall to the
exchange-set limit of 10%, Bharti Airtel  BRTI.NS  briefly
turned negative
    ** Telecom infrastructure provider Indus Towers  INUS.NS 
down max-allowed 10%
    ** India's top court rejects telecom firms' plea to correct
alleged errors in calculating the license fee they owe to the
government
    ** Airtel last up 0.2%
    ** Vodafone rated "sell" on avg, Airtel rated "buy", Indus
rated "hold" - LSEG data

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))