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SC ruling on telcos audit may apply to other areas: Ficci

SC ruling on telcos audit may apply to other areas: Ficci

Last Updated: Friday, April 18, 2014, 22:36

Stating that the Supreme Court's ruling to allow CAG to audit accounts of telecom firms may have 'much wider ramifications' and could be applied to other areas subsequently, Ficci today said the episode raises serious questions on the sanctity of Indian contracts.

CAG can audit accounts of telecom firms: SC

Last Updated: Thursday, April 17, 2014, 14:17

The high court had upheld the validity of laws empowering CAG to conduct revenue audits of private telecom firms.

SC allows CAG to audit private telecos' accounts

Last Updated: Thursday, April 17, 2014, 11:04

The Delhi High Court on January 6 this year had allowed CAG to audit the revenue receipts of telecom companies.

India should not embrace protectionist policies: US telecom

Last Updated: Saturday, April 12, 2014, 13:28

Furthermore, TIA said it encourages India to continue to adopt global standards rather than mandatory national standards, which will inhibit India?s long-term growth.

India to witness data explosion in mobile telephony: Ericsson

Last Updated: Wednesday, April 02, 2014, 15:37

With prices of 3G enabled mobile handsets falling coupled with availability of more spectrum in the segment, India is likely to witness a data explosion.

Telecom panel to discuss towers in Naxal areas in March-end

Last Updated: Sunday, March 16, 2014, 15:42

"The DoT committee studying the subject is expected to submit its report next week. The Telecom Commission should probably meet in last week of this month," a Department of Telecom (DoT) official said.

Revenue audit of telcos: SC seeks responses from Centre, CAG

Last Updated: Monday, February 03, 2014, 18:46

The Supreme Court Monday sought responses from the Centre and Comptroller and Auditor General of India (CAG) on two separate pleas of private telecom majors against a Delhi High Court verdict holding that the top auditor was empowered to conduct revenue audits of the firms.

DoT plans to continue with upper penalty limit of Rs 50 cr

Last Updated: Thursday, January 09, 2014, 18:31

The Department of Telecom plans to continue with Rs 50 crore as upper penalty limit for operators for any violation of licence conditions, even as it is working on new rules to rationalise such fines.

Telecom stocks tumble on CAG audit scare, down up to 4.4%

Last Updated: Monday, January 06, 2014, 18:57

Shares of Tata Teleservices Maharashtra plunged 4.4 percent, while Idea Cellular fell by 1.88 percent on the BSE.

No place for CAG interfering into private cos books: Ficci

Last Updated: Monday, January 06, 2014, 18:08

In a significant ruling, the Delhi High Court on Monday held that the Comptroller and Auditor General of India (CAG) can audit the accounts of private telecom operators under the relevant provisions of the law.

CAG can audit private telecom companies' accounts: HC

Last Updated: Monday, January 06, 2014, 12:12

In a significant ruling, the Delhi High Court Monday held that the Comptroller and Auditor General of India (CAG) can audit the accounts of private telecom operators under the relevant provisions of the law.

New guidelines on telecom consumer services to come up in 2014

Last Updated: Sunday, December 29, 2013, 14:12

The DoT is working on to implement a new helpline number 1037 which will be an additional option for consumers to register their complaints.