2G verdict: Established players like Bharti, Vodafone to benefit

As many as 122 2G licenses cancelled in 22 circles across India " in a country of 900 million subscribers, it is less than 5 per cent. ...
10:01 PM, Feb 02, 2012

Congress is trying to protect Chidambaram: Modi

Gujarat CM Narendra Modi said the Congress is not only trying to save P Chidambram but also the people behind the Home Minister. ...
08:31 PM, Feb 02, 2012

PM has no right to stay in office: Modi Mandvi: Gujarat Chief Minister Narendra Modi on Thursday said that Prime Minister Manmohan Singh had no right to continue in the office in view of the Supreme Court's ruling in the 2G spectrum case. "When the Supreme Court has given a clear verdict, Manmohan Singh has no right to stay in the post even for a minute," Modi said, addressing a Sadbhavna fast meeting in Mandvi. "I dare the Prime...  
08:11 PM, Feb 02, 2012

2G case: A Raja completes one year in jail New Delhi: Former Telecom Minister A Raja, the prime accused facing trial in the 2G case, on Thursday completed one year in jail since his arrest in the high-profile scam. Raja, who was the first one to be arrested in the case on February 2, last year, is languishing behind the bars as he has not yet moved any application for release on bail. Besides Raja, former Telecom Secretary Siddharth...  
07:43 PM, Feb 02, 2012

Sibal should not run away from reality: BJP New Delhi: The BJP on Thursday hit out at Telecom Minister Kapil Sibal for defending the government on 2G issue following the Supreme Court judgement, saying he should not run away from reality and insisted that the Prime Minister was very much in the know of the decisions taken by his ministers. "It was a command performance by Kapil Sibal. 122 licenses have been cancelled by the court. But he...  
07:18 PM, Feb 02, 2012

2G case: Govt to use SC verdict to defend PC New Delhi: The Congress-led United Progressive Alliance (UPA) Government has finalised its strategy to counter Janata Party President Subramanian Swamy's petition to investigate Union Home Minister P Chidambaram's alleged role in the 2G spectrum allocation scam in the Patiala House Court of Justice OP Saini. Taking a cue from Supreme Court's observation that the Department of Telecom (DoT) did not listen to advice of the Finance Ministry while going ahead...  
06:59 PM, Feb 02, 2012

SC decision on 2G has exposed Cong role: Ramdev New Delhi: In an apparent attack on Congress, yoga guru Ramdev on Thursday said the Supreme Court's decision on 2G spectrum case has exposed the role of the ruling party in the scam. "The decision of Supreme Court is testimony to the fact and truth that whole central govt is responsible... And especially, one party which is leading UPA stands exposed," Ramdev said in a statement. Terming the apex court's...  
06:36 PM, Feb 02, 2012

Jayalalithaa welcomes SC order on 2G issue Chennai: Tamil Nadu Chief Minister Jayalalithaa on Thursday welcomed the Supreme Court verdict on the 2G scam case but was non committal on the Opposition's demand for Home Minister P Chidambaram's resignation 'at this stage'. "It is a welcome step. I prefer to see what happens in the special court," she told reporters in her reaction to the Supreme Court cancelling 122 2G licences granted during the tenure of former...  
06:26 PM, Feb 02, 2012

2G: SC pulls up TRAI for New Delhi: The Supreme Court on Thursday pulled up the Telecom Regulatory Authority of India (TRAI) for adopting a "lopsided" approach in recommending grant of 2G spectrum at 2001 prices and methodology which suffered from several deficiencies. "To say the least, the entire approach adopted by TRAI was lopsided and contrary to the decision taken by the Council of Ministers and its recommendations became a handle for the the then...  
06:20 PM, Feb 02, 2012

No SIT for 2G scam, SC seeks assistance of CVC New Delhi: The Supreme Court on Thursday refused to appoint an SIT for further probe in 2G spectrum scam but sought the assistance of Central Vigilance Commission to help it monitor the investigation done by different agencies in view of involvement of several influential persons in the scam. "Keeping in view the nature of the case and involvement of a large number of influential persons, we feel that it will...  
06:07 PM, Feb 02, 2012

SC blows to UPA leave government red-faced New Delhi: It is proving to be a very tough week in office for the Manmohan Singh Government with the Supreme Court delivering two strong verdicts within a space of two days related to 2G spectrum allocations. While on Tuesday the Supreme Court had observed that the sanction by a competent authority for the prosecution of a public servant had to be granted within a specified time frame, on Thursday...  
05:51 PM, Feb 02, 2012

2G verdict: Kapil Sibal says; CNN-IBN asks New Delhi: The Supreme Court on Thursday cancelled all 122 telecom licences allotted under the 2G spectrum on or after January 10, 2008. All additional spectrum given to incumbents on or after January 10, 2008 have also been cancelled. While cancelling the licences the Supreme Court ruled that 85 out of the 122 licences were outside the eligibility criteria for allocation. The apex court said that the 122 licences for...  
05:29 PM, Feb 02, 2012

Fin Min working on impact of 2G order on banks New Delhi: The Finance Ministry is working out the financial implication of the Supreme Court judgement to cancel 122 telecom licences on the banking sector. "We have to see the implication. Officers are working on the impact of judgement on the banks... We will soon have a clear picture," a senior finance ministry official said. Several lenders including the State Bank of India, ICICI Bank, Punjab National Bank and IDBI...  
04:54 PM, Feb 02, 2012

Sibal blames A Raja, NDA for 2G spectrum scam New Delhi: Telecom Minister Kapil Sibal on Thursday defended the government in the 2G spectrum scam and blamed the telecom policy brought by the NDA government in 2003 and followed by former telecom minister A Raja for the loss to the exchequer. "The court has indicted the 'first come first serve' policy, which was the NDA government's policy. It was their policy, which was followed by the UPA when it...  
03:20 PM, Feb 02, 2012

Details of 122 2G licences cancelled by SC
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New Delhi: The Supreme Court on Thursday cancelled all 122 telecom licences allotted under the 2G spectrum on or after January 10, 2008. While cancelling the licences the Supreme Court ruled that 85 out of the 122 licences were outside the eligibility criteria for allocation. The apex court said that the 122 licences for 2G spectrum were granted in an arbitrary and unconstitutional manner. Here are the details of the...  
12:52 PM, Feb 02, 2012

SC order on 2G licences excellent: Arun Shourie

Former telecom minister Arun Shourie welcome the court's order of cancelling all 122 2G licences. ...
12:24 PM, Feb 02, 2012

SC order not a reprieve for Chidambaram: Swamy

The Supreme Court on Thursday referred the P Chidambaram's matter in the 2G case to the trial court. ...
12:21 PM, Feb 02, 2012

BJP has no moral right to speak on graft: Cong leader

Congress leader BK Hari Prasad hit back at the BJP after the BJP flayed them over the SC's 2G order. ...
12:07 PM, Feb 02, 2012

2G: Chidambaram's matter referred to trial court New Delhi: In what can be seen as partial relief to Home Minister P Chidambaram about his alleged role in the 2G scam, the Supreme Court on Thursday referred the matter of whether his role should be probed back to the trial court. The bench comprising justices GS Singhvi and AK Ganguly said that its order should in no way influence the proceedings before the trial court while declining to...  
11:35 AM, Feb 02, 2012

2G: Sonia will be targeted next, says Swamy New Delhi: Janata Party President and petitioner in the 2G scam Subramanian Swamy has said that his fight to bring out those guilty in the scam is an open challenge. "I have produced enough evidence. The court has to take decision on three matters," Swamy said ahead of the 2G hearing on Thursday. Targeting Chidambaram, Swamy said, "I would advise Chidambaram to bring reforms and improve, even the biggest criminals...  
10:05 AM, Feb 02, 2012