Taking note of reports that CAG is
investigating the loss of nearly Rs 2 lakh crore in the allotment of scarce S-band spectrum, BJP asked PM to clear the air, initiate an inquiry and take steps to recover the lost revenue.
The SC stayed a tribunal order upholding a hike in 2G telecom spectrum usage charges, but asked telcos Bharti, Vodafone and Idea to deposit with it 50 per cent of the fee they would have otherwise had to pay.
ED, which is investigating alleged irregularities in allocation of
2G licences in 2008 by Telecom Minister A Raja, has informed the SC that it has already initiated probe against
firms suspected to have violated FEMA.