The 2G spectrum case was an alleged scam by the politicians and government officials under .. November 10th: The CAG submits a report on 2G spectrum to the government, stating a loss of ₹, crore (US$24 billion) to the exchequer. It all started with his report seven years ago. The page explosive report on the 2G scam, brought forth one of the biggest “scams of our times”. lakh crore, the CAG report gave us a number that would define the 2G ‘scam’ . How did the turnaround happen?.

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Archived from the original on 4 July Archived from the original on 31 October Supreme Court to examine PM’s affidavit”. CAG adopted various methods for arriving at presumptive loss since actual loss, it said, could not be calculated. Sivasankaran also alleged that brothers Dayanidhi and Kalanithi Maran received kickbacks in the form of investments by the Maxis group through repoft Astro network in Sun TV Networkowned by the Maran family.

Archived from the original on 5 April It even proposed to raise its bid to counter any competition. Archived from the original on 21 January Archived from the original on 14 June CAG has reportedly put the revenue loss to exchequer at up to Rs 1.

It cited the Supreme Court ruling of 2 February that the actions of Raja and officers at the Department of Telecom were “wholly arbitrary, capricious and contrary to the public interest, apart from being violative of the doctrine of equality. Read Post a comment. To further compound the earlier decision, of restricting consideration of applications received up to 1.

Govt to pull up five telcos”. Archived from the original on 25 December Communist Party of India.


Vinod Rai, CAG report in middle of controversy- Business News

Text of the special leave petition”. SC refuses to grant protection to Essar and Loop”. CBI files 3rd chargesheet, names Essar and Loop telecom”.

On 25 September the DOT announced on its website that applicants filing between 3: A Raja completes a year in Tihar Jail today”. Several companies were named in the CBI charge sheet.

CAG submits report on 2G spectrum to govt

Retrieved 8 June Former telecom secretary Siddharth Behura gets bail”. To this it further added prices for dual technology and extra spectrum to reach the figure of Rs 1. Archived from the original on 31 December The Hindu Business Line.

Let’s work together to keep the conversation civil. The page explosive report on the 2G scam, brought forth one of the biggest “scams of our times”, reort the then United Progressive Alliance UPA government jitters, which ultimately led to its downfall. On 6 June former Aircel chief C.

Kanimozhi appears before CBI court, seeks bail”. The selling of the licenses drew attention to three groups: Twelve were from the Lok Sabha, and eight from the Rajya Sabha. In fact, the S Tel had withdrawn its case from the apex court in Marchtwo years after the government had allocated all 2G licences. He served as the MD of Kerala state co-operative marketing federation from to CBI arrests Raja in 2G scam case”.

Featured Today In Travel. Later that year, Telenor bought a majority share in the telecom company repoet the Unitech Group and now provides service as Uninor with 22 licences. To verify, just follow the link in the message. Kanimozhi in Tihar Jail after court rejects bail plea”. In early November Jayalalithaa accused state chief minister M Karunanidhi of protecting Raja from corruption charges, calling for Raja’s resignation.


CAG findings in 2G spectrum case: ‘Quite erroneously’ 2001 values in 2008, report said

This article’s lead section may be too long for the length of the article. CBI files chargesheet against Raja, others”. The S Tel later enhanced its offer to Rs 13, crore over a period of 10 years for allotment of 6. Raja and othersCase RC No: The table below lists the companies whose license were cancelled. Trending Videos day workout plan for New Year that’s actually doable Although 22 new bills were planned to be introduced, 23 pending bills passed and three bills withdrawn, Rport functioned for reportt nine hours.

We have sent you a verification email. Retrieved 15 May Swan was a subsidiary of Reliance Telecom established to circumvent the one-company-one-license rule. One fails to understand how the TRAI recommendation of 11 May, quoted by the audit could be made applicable in retrospect for spectrum allocated in After the special CBI court verdict on 21 December acquitting all the accused, the government faces compensation claims worth over Rs 17, crore from telcos like Videocon Telecom, Loop Telecom and STel who suffered loss of business after the Supreme Court scrapped licences in I’ll Speak To Ahmed Patel.

Retrieved 14 December How marketplaces are to be affected 10 key moments that changed the course of India Inc in New e-commerce rules: It is also believed to have criticised telecom regulator Trai for standing as a helpless spectator when its recommendations were being ignored or misused.