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Browsing Archive: February, 2012

2G scam: SC scraps 122 licences granted under Raja's tenure, trial court to decide on Chidambaram's role PTI | Feb 2, 2012, 12.40PM IST

Posted by mohit kumar jain on Thursday, February 2, 2012,

NEW DELHI: In a major development having implications for the corporate sector, theSupreme Court on Thursday cancelled the 122 2G spectrum licences granted by former telecom minister A Raja on the ground that they were issued in a "totally arbitrary and unconstitutional" manner.

Imposing a fine of Rs five crore each on three telecom companies, which offloaded their shares after getting the licenses, the court directed regulator Telecom Regulatory Authority of India (TRAI) to make fresh recomme...


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2G scam: SC scraps 122 licences granted under Raja's tenure, trial court to decide on Chidambaram's role

Posted by mohit kumar jain on Thursday, February 2, 2012,

NEW DELHI: In a major development having implications for the corporate sector, theSupreme Court on Thursday cancelled the 122 2G spectrum licences granted by former telecom minister A Raja on the ground that they were issued in a "totally arbitrary and unconstitutional" manner.

Imposing a fine of Rs five crore each on three telecom companies, which offloaded their shares after getting the licenses, the court directed regulator Telecom Regulatory Authority of India (TRAI) to make fresh recomme...


Continue reading ...
 
 

 

 

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