Tata Tele & MTNL Shares Soar 12% on Government’s AGR Dues Waiver Talks!
The government may announce a partial waiver of AGR dues in the Budget on February 1st, according to sources that caused shares of state-owned MTNL and Tata Teleservices (Maharashtra) to surge up to 12%. According to ET, the proposal will provide telecoms with financial relief of more over Rs 1 lakh crore by waiving 50%…