Tata Tele, MTNL shares zoom 12% as government weighs AGR dues waiver

Shares of Tata Teleservices and MTNL surged up to 12% amid reports that the government may announce partial AGR dues relief in the February 1 Budget. The proposal could waive 50% of interest and 100% of penalties, offering financial relief of over Rs 1 lakh crore to telecom companies.

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