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*Big Announcement for Telecom Sector*

1. 100% FDI in telecom via automatic route is approved by Cabinet.

2. Lower int rate on license fee/SUC etc

3. Spectrum Payment can be made over 30 Yrs instead of 20 Yrs Big Relief.

4. Non-telecom revenue won't be included in AGR definition prospectively

5. Morotorium of 4 Yrs approved for Existing Outstanding Due.

6. If biz conditions change, spectrum can be surrendered after 10y. Spectrum sharing free now

*Companies In Focus*

1. #*Vodafone * Idea Got Big Relief

2. #*Grasim* holds more than 11% & #*Hindalco* over 2% stake in Vodafone Idea.

3. #*SBI* has a Loan Outstanding of 11000 Cr to Vodafone Idea

4. #*Indusind_Bank* has Loan Outstanding of 4000 Cr to Vodafone.