Loop

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App Weekly: Loop, Flippy Knife and other interesting apps to keep you busy this weekend
News & Analysis

App Weekly: Loop, Flippy Knife and other interesting apps to keep you busy this weekend

This week, there is a bunch of weird and wonderful apps for you to check out. Read on to get our recommendations for games and other apps you should try out today.

Video worth watching: Jaguar’s F-Pace takes the 360-degree route
Auto

Video worth watching: Jaguar’s F-Pace takes the 360-degree route

A Guinness World Record for going round a loop is set by Jaguar’s first ever SUV

Airtel, Voda, RCom, 4 other telcos owe DoT over Rs 2,100 cr in penalties: CAG
Corporate

Airtel, Voda, RCom, 4 other telcos owe DoT over Rs 2,100 cr in penalties: CAG

As per data provided by the Department of Telecom (DoT) to CAG, RCom has maximum outstanding due of Rs 594.76 crore, followed by Airtel Rs 502.8 crore, Aircel Rs 402.31 crore, BSNL Rs 269.42 crore, Vodafone Rs 203.04 crore, Idea Cellular Rs 74.15 crore and Tata Teleservices (TTSL) Rs 70.47 crore.<br />

Telecom operators' Q1 gross revenue up 12% at Rs 60,716 cr
Corporate

Telecom operators' Q1 gross revenue up 12% at Rs 60,716 cr

The gross revenue of telecom service providers was Rs 54,283.78 crore and adjusted gross revenue was Rs 35,279.5 crore in the first quarter of 2013.<br />

Trai to review telcos' freedom to fix mobile rates if current tariffs are hiked
Corporate

Trai to review telcos' freedom to fix mobile rates if current tariffs are hiked

The regulator allows free hand to fix telecom call and service rates as it feels that competition in the market will keep control on tariffs.<br />

Favourable 2013 policies allow telecom sector ray of hope for future
Business

Favourable 2013 policies allow telecom sector ray of hope for future

After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore received in 2013.

Trai imposes Rs 50 lakh fine on BSNL, eight other telcos for poor service
Business

Trai imposes Rs 50 lakh fine on BSNL, eight other telcos for poor service

The regulator has imposed maximum penalty of Rs 14.5 lakh on state-run telecom company BSNL for failing to meet 13 quality of service parameters, they said, adding that no penalty was imposed on Videocon, Loop Mobile and state-run MTNL.

DoT failed to get Rs 1,649 cr fine from telcos after licence cancellation
Business

DoT failed to get Rs 1,649 cr fine from telcos after licence cancellation

In a strongly worded letter by the Comptroller and Auditor General (CAG), it has been pointed out that the DoT has failed to raise Rs 1649 crore in payments from telecom companies which lost their licences and then did not participate in subsequent auctions to win back spectrum.

Spectrum auctions slated to begin on 23 Jan: 10 things you should know
Business

Spectrum auctions slated to begin on 23 Jan: 10 things you should know

The Department of Telecom (DoT) last night issued Notice Inviting Applications (NIA) for the auctions with details of auction timeline, spectrum availability, conditions for existing telcos and new entrants etc.

Potential acquirers build war chests for Loop's Mumbai spectrum
Business

Potential acquirers build war chests for Loop's Mumbai spectrum

Why is the Loop's spectrum so attractive? Well, to begin with the company has been looking for a strategic financial investor to fund license renewal next year. It may even look at a sell off - all options are on the table. A note to clients from IIFL says Loop's 8 mhz spectrum holding in Mumbai is expected to be converted into 3G by a new player.

2G: Wrong to say I gave statement under CBI threat, says witness
India

2G: Wrong to say I gave statement under CBI threat, says witness

A key prosecution witness in a case arising out of 2G scam probe today denied the accusation of the defence that he was threatened by the CBI.

SC dismisses Essar, Loop pleas in 2G spectrum case : All you need to know
Business

SC dismisses Essar, Loop pleas in 2G spectrum case : All you need to know

The bench, which had reserved its judgement in May 2012, said there was no merit in the plea and dismissed the same.

Telecom scam fallout: Higher tariff, dented image
News & Analysis

Telecom scam fallout: Higher tariff, dented image

The so-called 2G scam, where suspected government corruption in the award of telecom spectrum led to the cancellation of 122 service licences across the country by the Supreme Court...

2G case: Foreign telcos can't claim damages from govt, says Attorney General
Business

2G case: Foreign telcos can't claim damages from govt, says Attorney General

In a setback to foreign telecom players such as Sistema and Telenor, Attorney General G E Vahanvati is believed to have reiterated his earlier stand that such players cannot claim damages for cancellation of their 2G licences by an order of the Apex Court.

Appear in court or suffer: Delhi court tells Ruias, Khaitans
India

Appear in court or suffer: Delhi court tells Ruias, Khaitans

The warning came from Special CBI Judge O P Saini after the Ruias and Loop Telecom promoters I P Khaitan and Kiran Khaitan also failed to turn up at the hearing today.

CBI chargesheet delinks Ruias from A Raja and 2G scam
Breaking Views

CBI chargesheet delinks Ruias from A Raja and 2G scam

The CBI chargesheet in the Loop case essentially delinks the Ruias from the 2G scam. But it won't necessarily save them from arrest.