Analysts have pointed out that with the dues arising out of the SC judgment there could soon be only two private telcos in the country, and not three - Reliance Jio, Bharti Airtel and Vodafone Idea - as now.
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.
The 'Statue of Unity' will provide visitors a meaningful experience that both educates and entertains, by focusing on Patel's personage, life, and accomplishments.
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.
The government is selling over 18.62 crore shares or 3 per cent in Coal India at a floor price of Rs 266 apiece.
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.
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 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.