Good judgment, it's a relief: Pranab
Calling it a relief, Finance Minister Pranab Mukherjee on Saturday welcomed a CBI special court's ruling dismissing a plea to make Home Minister P. Chidambaram an accused in the 2G spectrum allocation
No evidence PC obtained pecuniary benefit in 2G licences: Court
In a huge relief to Home Minister P. Chidambaram and to the UPA Government, a Delhi court on Saturday threw out a plea to make him an accused in the 2G case holding that he did not indulge in any crim
Swamy to move SC against trial court order on Chidambaram
Refusing to give up his efforts to make Home Minister P. Chidambaram a co-accused in 2G scam, Janata Party chief Subramanian Swamy on Saturday said he will move the Supreme Court within a month to cha
Telenor writes down $721mn India investments; ops to continue
Norwegian Telecom firm Telenor, the majority stakeholder in Uninor, has decided to write down its 4.2 billion krone (about USD 721 million) investment in the Indian joint venture following Thursday's
Competition cut, mobile tariffs set to go up
Mobile tariff is likely to shoot up as the SC order takes out new players who had brought call rates down to as low as 1 paisa per second.
Balance sheets of old telecom companies, including Airtel a
Trai considers review of policy
Warning that telecom regulator Trai will keep a watch on mobile tariffs, Trai chairman, J. S. Sarma said, “We are coming up with a consultation paper shortly whether its time for us to review the curr
Digvijay Singh also involved in 2G scam: Prashant Bhushan
Commenting on the Supreme Court's judgement of quashing 122 spectrum licences, senior advocate Prashant Bhushan has said that Congress general secretary Digvijay Singh was also involved in the 2G scam among other top functionaries.
SC asks CBI to submit status reports on 2G probe to CVC
The Supreme Court on Thursday asked the CBI to file status reports on its ongoing probe into the 2G spectrum allocation case to the Central Vigilance Commission (CVC).
The court's decision came
2G licence cancellation to affect banks
Major lenders including State Bank of India and Punjab National Bank have lent money to most of the telecom firms whose 2G licences will be cancelled following the Supreme Court's on Thursday verdict.
2G:SC pulls up TRAI for 'lopsided' approach in recommendations
The Supreme Court on Thursday pulled up the Telecom Regulatory Authority of India (TRAI) for adopting a 'lopsided' approach in recommending grant of 2G spectrum at 2001 prices and methodology which su