wordpress blog stats
Connect with us

Hi, what are you looking for?

2G Scam Digest: DoT, S Tel, Idea Cellular, Loop Telecom, Essar Group

- Ravi Ruia and Anshuman Ruia, promoters of Essar Group; Vikas Saraf, Director (Strategy and Planning), Essar; and I P Khaitan and Kiran Khaitan, promoters of Loop Telecom, have been summoned to appear before the 2G court in Delhi. The Central Bureau of Investigation (CBI) had earlier accused both the companies of criminal conspiracy, claiming that Essar used Loop as a front company in 2008 to gain more licenses and spectrum than what was legally allowed. This is the second time they have been summoned after a no-show in the last hearing. Read more at NDTV. - The Department of Telecommunications (DoT) has stated that it will take a minimum of 400 days to complete the auction process for 122 telecom licences that were scrapped earlier this month. This includes 60 days for recommendations, 95 days for approval of these recommendations and 245 days for completion of auction process, payment by winning bidders and frequency allotments. The Supreme Court had earlier set a 4 month deadline to complete the entire auction process. Read more at The Hindu. - S Tel is shutting down its services in India and helping its users switch to other operators, following the cancellation of its licenses in 6 circles by the Supreme court, as part of the 122 licences being cancelled earlier in the month. It had stated that it would decide to take part in the upcoming auction for new licenses after studying the final recommendations of the auction. Read more at Reuters and Business Standard. - As we reported…

Please subscribe/login to read the full story.
Written By

Free Reads

News

Apple stated that these apps will need to be built directly on WebKit, which is the web browser engine used by Safari.

News

The UPI landscape is currently dominated by Phonepe and Google Pay, which command over 83% of the market.

News

The Commission received complaints against ULLU by the group ‘Gems of Bollywood’,  for sharing “extremely obscene and objectionable content secretively to its subscribers, including...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ