Vodafone Idea shares surge ahead of Supreme Court... ... Market Live Updates Today: Trends on SGX Nifty indicate a gap-down opening for the broader index in India, with a loss of 106 points

Vodafone Idea shares surge ahead of Supreme Court hearing on OTSC case

Vodafone Idea shares were trading higher as the focus shifted to the stock ahead of the One-time Spectrum Charge (OTSC) case hearing in the Supreme Court today. The stock gained over 6 percent to Rs 13.4 per share. The OTSC issue has been affecting the telecom sector since 2008 when the government decided to levy the amount retrospectively, leading to a demand of Rs 40,000 by the Department of Telecommunication.