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Telecom stocks dive up to 4% on DoT demand notice worries

Telecom stocks dive up to 4% on DoT demand notice worries

Telecom stocks on Friday fell by up to 4 percent hit by concerns that DoT will soon issue demand notice of over Rs 12,500 crore to six telecom operators amid allegations of under-reporting of revenue to the tune of Rs 45,000 crore.

Watch: Top 25 Headlines @2 pm

Top 25 Headlines @2 pm on Zee News.

DNA: CBI quizzes Dayanidhi Maran for 2nd day in telecom scam

Former telecom minister Dayanidhi Maran was questioned for the second consecutive day on Thursday in connection with the alleged use of over 770 high-capacity BSNL data lines at his three residences in Chennai and Delhi to facilitate speedy transmission of programmes by a Sun TV firm owned by his

Telecom scam: Will cooperate with CBI, says Dayanidhi Maran

The CBI on Friday interrogated former telecom minister Dayanidhi Maran for the third consecutive day in connection with the illegal telephone exchange case on Friday.

Watch: Fast N Facts @9 am

Fast N Facts @9 am on Zee News.

Opposition walks out over Tamil Nadu CM's reference to 2G spectrum scam

Archrivals AIADMK and DMK were on Wednesday involved in an exchange of words in the Tamil Nadu Assembly over Chief Minister O Panneerselvam's reference to the 2G spectrum allocation scam, culminating in the opposition party staging a walkout.

DoT plans to notify new penalty norms within a month

The Department of Telecom is expected to notify new penalty norms within a month that may end the practice of levying maximum penalty of Rs 50 crore for even minor mistakes.

2G case: Court to commence recording of statements of accused

A special CBI court here is likely to commence tomorrow the recording of statements of the accused, including former Telecom Minister A Raja, in the 2G spectrum allocation scam.

Charges by Yashwant Sinha baseless, says Sibal

Telecom Minister Kapil Sibal Wednesday attacked BJP leader Yashwant Sinha for making "wild and baseless" allegations of a scam in the TRAI`s recommendations for a cut in spectrum pricing, saying such statements were being made with an eye on the Lok Sabha elections.

Ex-minister Sukh Ram vows to spill beans in book

Former telecom minister Sukh Ram, 86, is all set to author a book that will "even expose" his political friends.

Will not allow Raja to be made scapegoat: Karuna

Firmly backing DMK leader A Raja, prime accused in the 2G scam, in the wake of the controversy over filling of vacancy in the JPC, the party Thursday asserted it will not allow him to be made a "scapegoat".

Telecom scam fallout: Higher tariff, dented image

The mobile phone industry, which was adding over 10 million new subscribers to the network every month in the past year, has seen the growth fall to less than five million now, experts say.

CBI pulled up for not naming corporate honchos in telecom scam

The CBI was on Friday grilled by a Delhi court for only "blaming" government servants and not naming any company officials in connection with the charge sheet against Airtel, Vodafone and others for alleged irregularities in the allocation of additional spectrum to them during NDA regime.

Court 'reluctantly' grants time to CBI in telecom scam case

The court had earlier directed the CBI to place before it documents relating to resolution passed by three firms, including Airtel and Vodafone, for seeking additional spectrum during the NDA regime.

Court to consider chargesheet in telecom scam on Feb 11

A Delhi court on Wednesday fixed February 11 for considering taking cognisance of charge sheet filed against Airtel, Vodafone and others for alleged irregularities in allocation of additional spectrum to them during the NDA regime.

Left for govt`s reply on telecom scam, presence of FM in JPC

JPC member and CPI leader Gurudas Dasgupta said the apex court judgement "does not prevent us from raising the demand for calling the Finance Minister to the JPC".

Nearly 500 held across Asia over telecom scam

Nearly 500 people were arrested across Asia over an USD 11.5 million transnational telecom scam targeting Chinese nationals, state media reported Thursday.

BSNL-WiiMax deal: CBI registers case; raids in TN

Premises of former BSNL chairman, three top officials, and a company believed to be close to former Telecom Minister A Raja, were on Saturday searched by the CBI in connection with the alleged scam of Rs 535 crore in award of contracts for WiMax services.

SC extends Sukh Ram’s interim bail till Aug 7

The Supreme Court on Monday extended the interim bail granted to former Union minister Sukh Ram and two others till August 7, a in 1993 telecom scam case.

Sukh Ram not in coma: Hospital

Former Union minister Sukh Ram, convicted in a 1993 Telecom Scam, was ordered to surrender.