2G auction: Foreign investors can claim damages for quashed licences
Fp Archives • 13 years agoForeign investors having stake in telecom companies whose licences were quashed by Supreme Court in the 2G case can seek claim for damages if the promoters are being prosecuted, according to a legal view given to the government.
Voda tax settlement likely to include penalty or interest waiver
Fp Staff • 13 years agoThe Government's response to the Vodafone (BIPA) notice is pending with the Attorney General.
2G spectrum will cost a bomb in new TRAI auction formula
Fp Archives • 13 years agoThe Telecom Regulatory Authority of India (TRAI) on Monday proposed a sharply-higher-than expected base price for an auction of 2G radio spectrum.
Bharti Airtel may soon buy Loop Mobile for Rs 700 cr
Fp Archives • 11 years agoSources privy to the negotiations said Sunil Bharti Mittal-led Airtel has almost completed agreement with Loop Mobile and the announcement will come in a couple of days.
BJP blames UPA govt for 2G spectrum auction flop
Fp Archives • 13 years agoBJP today defended the CAG's submission that there was a loss of Rs 1.76 lakh crore in the earlier allocations and said the UPA government's policies were responsible for the low bidding.