2g Loss

Supreme Court dismissed a plea of Loop Telecom seeking refund of Rs 1,454 crore paid for 2G licence and damages for loss of reputation after its cancellation.

The CBI on Friday told the Delhi High Court that the 2G spectrum case allegedly involving former telecom minister A Raja, DMK lawmaker Kanimozhi and others was "a case of monumental loss and a shame to the nation".

A Raja was accused of allocating airwaves and licenses for cellphone networks in exchange for kickbacks and causing the state a loss of Rs. 1.76 lakh crore.

For the second consecutive day during his visit to Kolkata, Vinod Rai, former Comptroller and Auditor General (CAG) of India whose report in 2010 pegged notional loss of Rs. 1.76 lakh crore to the national exchequer due to 2G spectrum allocation in 2008, refused to answer questions on the court's dismissal of the scam as non-existent and former tel...

After "Rs 1.76 lakh crore" and "zero-loss", a third figure has surfaced in the 2G spectrum case that crashed last month after a court acquitted all the accused for lack of evidence. A book by A Raja, then telecom minister and main accused in the case, suggests that before then auditor Vinod Rai declared that the Congress-led government's decision t...

Hailing the acquittal of its leaders in the 2G case, DMK today said 'imaginary' losses in spectrum allocation have "vanished into thin air" like a 'phantom' and the party has emerged as a giant "refined in gold."

Videocon Telecommunications is planning to file a compensation claim of over Rs 10,000 crore against the government after the CBI court acquitted all accused in the 2G spectrum allocation case, news agency PTI reported today quoting an unnamed company source.

Demanding apology from former Comptroller And Auditor General or CAG Vinod Rai and the BJP, Congress MP and former telecom minister Kapil Sibal said today that his stand on loss from 2G spectrum allocation stands vindicated.

A Delhi court today acquitted all the 17 accused in the 2G spectrum case, including former Telecom Minister A Raja and DMK leader M Kanimozhi, after, as the judge said, the investigators failed to prove that Mr Raja, along with officials from companies that got the licenses for telecom services, received kickbacks from private companies for the all...

Former telecom minister A Raja was on Thursday acquitted in the 2G spectrum case along DMK chief M Karunanidhi's daughter M Kanimozhi and 15 others. Mr Raja was accused of allocating airwaves and licenses for cellphone networks in exchange for kickbacks and causing the state a loss of Rs. 1.76 lakh crore. He has also been accused of acceptinga 200-...

Former telecom minister A Raja, DMK leader Kanimozhi and all other accused were today acquitted in the politically-sensitive 2G spectrum allocation scam cases by a special court in Delhi which held that the prosecution "miserably failed" to prove the charges. The judge OP Saini said the CBI could not prove that Mr Raja, along with officials from co...

A Delhi court acquitted former Telecom Minister A Raja who has been accused of masterminding the 2G spectrum scam, believed to be India's biggest ever scam, which came to light six years ago. Mr Raja is accused of allocating airwaves and licenses for cellphone networks in exchange for kickbacks and causing the state a loss of Rs. 1.76 lakh crore. A...

Former telecom minister A Raja, DMK leader Kanimozhi and all other accused acquitted in 2G case The verdict was delayed as hundreds of supporters of A Raja from his hometown Nilgiris in Tamil Nadu have arrived at a Delhi court, causing security problems. The courtroom had to be cordoned off with ropes and a metal detector was heard cracking because...

A special 2G court today fixed October 7 for pronouncing its order on framing of charges in the 2002 additional spectrum allocation case in which ex-Telecom Secretary Shyamal Ghosh and three telecom firms are accused.

Finance Minister Arun Jaitley on Wednesday asked the CAG not to sensationalise its findings to get into headlines, a view the Congress party had voiced in the past after huge notional losses were projected in reports on 2G and coal allocation scams.

Supreme Court dismissed a plea of Loop Telecom seeking refund of Rs 1,454 crore paid for 2G licence and damages for loss of reputation after its cancellation.

The CBI on Friday told the Delhi High Court that the 2G spectrum case allegedly involving former telecom minister A Raja, DMK lawmaker Kanimozhi and others was "a case of monumental loss and a shame to the nation".

A Raja was accused of allocating airwaves and licenses for cellphone networks in exchange for kickbacks and causing the state a loss of Rs. 1.76 lakh crore.

For the second consecutive day during his visit to Kolkata, Vinod Rai, former Comptroller and Auditor General (CAG) of India whose report in 2010 pegged notional loss of Rs. 1.76 lakh crore to the national exchequer due to 2G spectrum allocation in 2008, refused to answer questions on the court's dismissal of the scam as non-existent and former tel...

After "Rs 1.76 lakh crore" and "zero-loss", a third figure has surfaced in the 2G spectrum case that crashed last month after a court acquitted all the accused for lack of evidence. A book by A Raja, then telecom minister and main accused in the case, suggests that before then auditor Vinod Rai declared that the Congress-led government's decision t...

Hailing the acquittal of its leaders in the 2G case, DMK today said 'imaginary' losses in spectrum allocation have "vanished into thin air" like a 'phantom' and the party has emerged as a giant "refined in gold."

Videocon Telecommunications is planning to file a compensation claim of over Rs 10,000 crore against the government after the CBI court acquitted all accused in the 2G spectrum allocation case, news agency PTI reported today quoting an unnamed company source.

Demanding apology from former Comptroller And Auditor General or CAG Vinod Rai and the BJP, Congress MP and former telecom minister Kapil Sibal said today that his stand on loss from 2G spectrum allocation stands vindicated.

A Delhi court today acquitted all the 17 accused in the 2G spectrum case, including former Telecom Minister A Raja and DMK leader M Kanimozhi, after, as the judge said, the investigators failed to prove that Mr Raja, along with officials from companies that got the licenses for telecom services, received kickbacks from private companies for the all...

Former telecom minister A Raja was on Thursday acquitted in the 2G spectrum case along DMK chief M Karunanidhi's daughter M Kanimozhi and 15 others. Mr Raja was accused of allocating airwaves and licenses for cellphone networks in exchange for kickbacks and causing the state a loss of Rs. 1.76 lakh crore. He has also been accused of acceptinga 200-...

Former telecom minister A Raja, DMK leader Kanimozhi and all other accused were today acquitted in the politically-sensitive 2G spectrum allocation scam cases by a special court in Delhi which held that the prosecution "miserably failed" to prove the charges. The judge OP Saini said the CBI could not prove that Mr Raja, along with officials from co...

A Delhi court acquitted former Telecom Minister A Raja who has been accused of masterminding the 2G spectrum scam, believed to be India's biggest ever scam, which came to light six years ago. Mr Raja is accused of allocating airwaves and licenses for cellphone networks in exchange for kickbacks and causing the state a loss of Rs. 1.76 lakh crore. A...

Former telecom minister A Raja, DMK leader Kanimozhi and all other accused acquitted in 2G case The verdict was delayed as hundreds of supporters of A Raja from his hometown Nilgiris in Tamil Nadu have arrived at a Delhi court, causing security problems. The courtroom had to be cordoned off with ropes and a metal detector was heard cracking because...

A special 2G court today fixed October 7 for pronouncing its order on framing of charges in the 2002 additional spectrum allocation case in which ex-Telecom Secretary Shyamal Ghosh and three telecom firms are accused.

Finance Minister Arun Jaitley on Wednesday asked the CAG not to sensationalise its findings to get into headlines, a view the Congress party had voiced in the past after huge notional losses were projected in reports on 2G and coal allocation scams.