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statementThe Supreme Court upheld the judgement of the High Court.viveksingh_economystatementYes Bank, RBI and the Government moved to the Supreme Court.viveksingh_economystatementThe High Court gave its judgement in favour of the bondholders.viveksingh_economystatementBondholders challenged the write-off in the High Court.viveksingh_economystatementYes Bank wrote off AT-1 bonds.viveksingh_economystatementThe project is framed as an "unprecedented Centre-State partnership."viveksingh_economycommitmentA Special Purpose Vehicle (SPV) with representatives from the Department of Telecommunications (DoT) and the Government of Madhya Pradesh will jointly implement and steer the project.viveksingh_economystatementThe zone is supported by common plug-and-play testing infrastructure so companies do not need to build standalone facilities.viveksingh_economycommitmentThe zone aims to bring the entire telecom value chain under one integrated ecosystem, including design, R&D, testing, manufacturing, components, semiconductors, optical fibre, telecom equipment and allied industries.viveksingh_economystatementThe zone is modeled on the success of Special Economic Zones (SEZs) but tailored specifically for telecom manufacturing rather than industry in general.viveksingh_economycommitmentThe zone targets over ₹10,000 crore in total investment.viveksingh_economystatementThe Telecom Manufacturing Zone in Gwalior, Madhya Pradesh is India's first and only dedicated manufacturing zone exclusively for the telecommunications sector.viveksingh_economy
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