Government of India-Backed Telecom Stock Under Rs 10 Jumps Over 18 Per Cent as Cabinet Approves Bank Guarantee Waiver for Telcom Operators Government of India-Backed Telecom Stock Under Rs 10 Jumps Over 18 Per Cent as Cabinet Approves Bank Guarantee Waiver for Telcom Operators The shares of the company saw a spurt in volume by more than 1.50 times. Kiran Shroff / Tuesday, November 26, 2024 / Article rating: 2.5 The company's majority of stake i.e., 23.15 per cent, is owned by the Government of India (Department of Investment and Public Asset Management).