Voda Idea shares zoom 7% after DoT relief on bank guarantees

Vodafone Idea shares: Vodafone Idea shares increased by 7% after the Department of Telecommunications waived the need for bank guarantees of Rs 33,000 crore for past spectrum auctions. The relief primarily benefits Vodafone Idea, which needs funding to improve its 4G coverage and launch 5G services. Bharti Airtel shares also rose slightly, while Jio Financial Services remained stable.