The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
The bench said that 'argument on the preliminary issue and the claim of privilege raised by the Government of India is reserved'.
An expert committee has recommended to Defence Minister Manohar Parrikar that supply of equipment need not be blocked even if bribery charges emerge.
Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
'Will Mr Jaitley listen, or is that expecting too much in pre-election season?' asks T N Ninan.
Former Board of Control for Cricket in India president Anurag Thakur on Thursday tendered a fresh "unconditional" and "unequivocal" apology in the Supreme Court, saying it was never his intention to undermine the majesty of the apex court.
Modi said the House did not witness any earthquake, an apparent reference to claims of Rahul Gandhi that his revelation on Rafale would create tremors.
The MiG29K and MiG29KUB, the aircraft carrier's primary fighters, spent more time in the hangar than in the air, with fleet serviceability remaining below 50 per cent, reports Ajai Shukla.
The CAG has suggested canceling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for allegedly rigging the auction and violating rules.
Veteran cricket administrator Inderjit Singh Bindra on Tuesday said that renowned banker Vikram Limaye should take the lead in representing BCCI in the upcoming International Cricket Council's meeting on February 4.
CAG, in a report tabled in Parliament today, said Oil and Natural Gas Corporation hired rig 'Actinia' from RIL for six months in 2009 for Rs 146.71 crore (Rs 1.46 billion) saying it needed urgently drill three wells but its actual usage indicated the hiring was 'not necessary'.
The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.
What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.
'I am only asking about his travel bills and expenditure.'
'While overall this is a face saving deal just before the BRICS meeting in Xiamen, any forward military movement at Doklam once again could bring the two Asian giants at loggerheads,' says China expert Srikanth Kondapalli.
The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.
The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
'It is not as bad an airline as it is made out to be: We serve wonderful food, the leg space is more, our cabin crew is warm and friendly.' 'The customer needs to be apprised of these things.'
The Supreme Court is likely to pass direction, on Monday, over Justice Lodha committee plea alleging that the Board of Control for Cricket in India (BCCI) is violating the apex court order and committee directions regarding the BCCI reforms.
The Supreme Court on Tuesday dismissed the Board of Control for Cricket in India's petition seeking review of the court verdict validating Lodha Panel recommendations.
A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.
Baijal also ordered an inquiry into the spendings on advertisements projecting Chief Minister Arvind Kejriwal and his party and asked the chief secretary to fix responsibility.
DoT and the company have not done anything that breached the guidelines mentioned in the notice inviting applications for the auction of the BWA spectrum in 2010, it stated in a reply to CAG's draft audit report.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
A new Congress leader may make an electoral impact by his very presence. Congress voters who had moved away from the party, after being influenced by the BJP's 'family rule' campaign, can now return with a certain moral satisfaction, observes N Sathiya Moorthy.
The government had in October 2007 set a sale price of $4.20 per million British thermal unit based on the price discovered by RIL from key customers.
'As someone who has had the opportunity of cross examining Vinod Rai, extensively over three days as part of the Joint Parliamentary Committee, many of us included I had concluded at that point of time that this report rests on the foundation of sand.'
CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.
The problem of stressed assets needs to be addressed with effective recovery.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.
'No sovereign guarantee, no bank guarantee, no escrow account, yet a huge amount was paid as advance'
Whilst politicians promise to uphold the honour and interests of our soldiers, the very opposite is being done, says Karan Thapar.
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
In a complete defiance of the Supremer Court, the Board of Control for Cricket in India, on Saturday, rejected key recommendations of the Lodha Committee, like one-state one-vote, age limit of 70 years and cooling-off period of three years, setting the stage for another round of confrontation with the apex court.
For some, he's a bully and probable 'blackmailer' who targeted the rich and famous, especially in Bollywood, for fame, and allegedly, ransom. For others, he's finally the one brave narc who decided to do his job, no matter how powerful his quarry, observes Shekhar Gupta.
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