Uttar Pradesh Chief Minister Akhilesh Yadav has claimed that an alleged financial fraud to the tune of Rs 40,000 crore could emerge in the installation of statues of elephants and memorials by the previous Mayawati government in the state. Akhilesh made the claim a day after a search was carried out by the police at the office of Rajkiya Nirman Nigam in Gomti Nagar for alleged irregularities in erection of statues of elephants at parks in Lucknow and Noida.
Until March 2009, MTNL had Rs 11,429.37 crore of reserves and zero debt in its books. In three years a lot changed. At the end of 2011-12, the debt stood at Rs 9,647.49 crore and the reserves had dwindled to Rs 1,906.70 crore, after it paid Rs 11,000 spectrum fee.
The state-run telecom operator had recovered Rs 2,541.84 crore (Rs 25.41 billion) up to September 2012.
Refusing to stay the criminal proceedings against the website, Justice Suresh Kait today declined to pass any order 'at this stage' and fixed the matter for March 1, saying he will hear the case before the trial court hears it on March 13.
The Central Bureau of Investigation on Saturday carried out searches at the Vodafone office in Mumbai and Airtel office in Gurgaon after registering a case against ex-Telecom Secretary Shyamal Ghosh and the two telecom service providers for alleged irregularities in spectrum allocation during tenure of Pramod Mahajan as Telecom Minister.
The project, which virtually eliminates the need to acquire huge tracts of land as is typically needed in setting up such plants, was commissioned in late February this year.
The 'Winknet Mf50' router comes in handy when there is a need to connect more than one device on a single SIM card.
Pictures from the heart-wrenching funeral.
State-owned Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd on Tuesday announced a partial roll-back in telephone tariffs by increasing the number of free calls per month.
The Central Bureau of Investigation arrested two more officials and a businessman on Friday morning in connection with the Rs 8000-crore National Rural Health Mission scam. The three arrests were made at the CBI headquarters, where the accused were brought a day earlier for interrogation. P K Jain, former general manager of Uttar Pradesh Jal Nigam Construction and Design, was arrested on Thursday shortly after he was questioned by CBI sleuths in New Delhi.
The Central Bureau of Investigation on Thursday summoned some officials of Uttar Pradesh for questioning in connection with alleged irregularities in utilising Rs 10,000 crore funds allocated under the National Rural Health Mission. It was likely to place some of them under arrest.
Now any customer can make audio video calls at will on any landline, mobile or Internet Protocol phone anywhere in the world, provided that both the ends have requisite video phone equipment.
Madhuri Bhattacharya talks about playing a mother in her upcoming film Prasad.
Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.
It is developing ash parks at Varanasi, Raipur, Pune and Cuttack, to make it available to ash-based product manufacturing units at these centres. It recently signed an agreement with NHAI for supply of ash for use in road construction.
In the past, BSNL had invested in IT, but it could never get the desired effect. In fact, a report pegged the company's expected 2010-11 losses to be over Rs 6,000 crore (Rs 60 billion).
Top corporates and banks, including Bharti Airtel, Maruti Suzuki, SAIL and SBI, have paid lower advance taxes during the July-September quarter reflecting the impact of slowdown.
The JAC has been continuously pressuring the BSNL management to procure mobile lines and other equipment to enable the company to provide better service to the people.
The 1986-founded company is in the process of appointing a consultant for formulating the future plan of action for its CDMA business.
Bollywood's who's who come down to watch a film.
Despite NMDC raising iron ore prices by 10%, major steel firms say they will follow suit if demand increases
The joint venture agreement is likely to be signed before the end of the current year and once that is done, tendering for the plant and machinery will follow, he said, adding this might take place before the end of the current fiscal.
The issue of which technology to use in wireless broadband services, TD-LTE or WiMax, is becoming keener.
DGCA was irked by was a video on social media that showed passengers dancing on board a midair flight. The regulator has summoned the airline officials seeking an explanation.
Historically, public sector units were conceived of under the assumption that they will control the 'commanding heights' of the Indian economy, which were necessary for rapid industrial growth but where private investment was unwilling to enter.
Given the extent of damage a cyber attack can unleash, accessing and then damaging a key website has the potential to destabilise an entire nation, warns Vicky Nanjappa
India's mutual funds are seeing a surge in stock investments from the hinterland as growing ranks of provincial retail investors help drive a two-year long rally.
12,000: Number of people Flipkart plans to hire in FY15.
'It is the journey of my father -- how he made it in this industry in no time, from a nobody to a music mogul.'
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.
The employees, who will avail the VRS, would get an ex-gratia amount of 60 days salary (basic + dearness allowance) for each completed year of service, or salary for the number of months left in the service, whichever is less.
Sabarimala Karma Samithi on Tuesday organised a protest march to the Palarivattom BSNL office, seeking her expulsion.
Earlier, the Telecom Commission, a decision-making arm of the Telecom Ministry, had recommended that the government pick up a majority stake in the special purpose vehicle created to execute the sale of surplus land lying with VSNL (now Tata Communications).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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