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CAG REPORT ON TELECOM
DoT to issue notice to five telcos to recover Rs 2,578 croreAs per a CAG report, Tata Teleservices, Telenor, Jio have understated revenues by over Rs 14,800 crore, resulting in a shortfall of nearly ...
DoT to issue Rs Rs 12,488 crore demand notice to telcos like Vodafone, Airtel and IdeaCAG in a report tabled in Parliament in March said RCom, Tata Tele, Vodafone, Airtel, Idea and Aircel under-reported their adjusted gross r...
Government takes Rs 12,489 crore hit as telecom companies understate revenue: CAGGovernment has suffered a loss of Rs 12,488.93 crore due to under-invoicing of gross revenue by six telecom companies, the CAG said in a da...
HC order allowing CAG audit of private telecom operators challengedThe Delhi High Court in a ruling on January 6 had allowed the CAG to audit the revenue receipts payable by private telecom operators to the...
Auspi challenges Delhi High Court order“We have prayed to the Supreme Court to set aside the High court’s judgment and grant us interim relief”, CS Rao said.
Telecom companies in CAG coverage area, mega scam may be revealedDelhi HC ruling permitting CAG to audit telecom companies has potential to open up yet another massive scandal, according to indications av...
HC upholds laws empowering CAG to conduct audit of private telcosThe Delhi HC upheld the constitutional validity of laws empowering the CAG to conduct revenue audits of private telecom firms.
CAG has no remit over policy, but the coal sector needs reformsHypothetical loss is based on a calculation of what an auction might have fetched based on estimated profits from mines allotted to private...
- 2G Scam: Auditor did not overstep mandate, Vinod Rai tells JPC
Rai presented four telecom-related reports - 2000, 2004, 2006 and 2010 - before the panel and 19 audit paragraphs from the 1998 to 2009.
- Bearish on Unitech: Avinash Gorakshakar
Markets will try to keep a little cautious mood on the telecom stocks especially stocks where the names have come in the press.
- Swan Telecom acted as front for Reliance Telecom: CAG
CAG noted that at the time of applying for UAS licence, the equity stakes of Reliance Telecom Ltd in Swan Telecom Pvt Ltd was 10.71%.
- CAG report on 2G spectrum allocation not an indictment: Moily
Law Minister M Veerappa Moily said the report of CAG on 2G spectrum allocation cannot be called an indictment of Telecom Minister A Raja, a...
- Time the PM showed who is Raja
CAG report is a damning indictment of the minister's role in the controversy.
- CAG accuses Telecom Ministry of undervaluing 2G spectrum
The government auditor CAG has accused the Telecom Ministry for undervaluing 2G spectrum, sold to new players in 2008, and held that the al...
- CAG to vet telcos' books
While RCOM and Tata Tele have submitted their books in full, Vodafone and Airtel have given access to their documents partially.
- RCom, Tatas give financial books to CAG
Government auditor CAG on Sunday said it will look into the financial books of leading telecom firms from August 16 to see whether there wa...
- No CAG report, audit wants info on telecom licences: Govt
The government today said the country's apex auditor CAG has sought some clarifications on telecom licences issued in 2008, but has not com...