India Cabinet Said to Not Take Up Proposal for Telecoms Financial Relief Measures
India's federal cabinet did not take up proposals on Wednesday for providing financial relief to the country's cash-strapped telecoms sector, a government source said.The cabinet was widely expected to take a decision on a so-called relief package for the telecoms industry, which would have helped all wireless carriers but especially the embattled Vodafone Idea.The source did not specify why the proposal was not discussed.Shares in Vodafone Idea were down 1.2 percent while Bharti Airtel fell 0.2 percent at 0751 GMT…