-PTI The CBI has registered a case in a Delhi court against Bharti Airtel Ltd, Tata Communication Ltd and Singapore Telecommunications Ltd for allegedly causing a loss of nearly Rs 48 crore to the government since 2004 by illegally providing international long distance (ILD)services. All the three telecom companies have been booked on charges of criminal conspiracy and cheating under the Indian Penal Code and also under the Indian Telegraph Act for...
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The Guv keeps the bar high -KT Jagannathan
-The Hindu It took nearly three years for the Reserve Bank of India (RBI) to give a final shape to the government’s decision to let more players in the private sector banking field. That by itself offers a clue to the divide in thinking between the fiscal and monetary managers of the Indian economy. When it did come out with guidelines for “Licensing of New Banks in the Private Sector”, the...
More »Coming soon, Post Bank of India
-PTI The postal department plans to enter the banking business with the Reserve Bank of India deciding to grant new bank licences to entities with credible track-record. Consultant appointed Sources said the Department of Posts, which has a strong foot print in rural areas, has appointed Ernst and Young (E&Y) as the consultant for the proposed ‘Post Bank’ “Ernst and Young is expected to submit a detailed project report by April, after which all...
More »164 items blocked online in just 2 days, mostly on court orders-Shalini Singh
-The Hindu Chaudhuri on IIPM and J&K Police on Afzal Guru approached courts seeking takedown of online material An investigation by The Hindu into the recent blocking of online content related to Arindam Chaudhuri’s IIPM and the hanging of Afzal Guru shows that on February 14 and 15, the Department of Telecom, on orders from various courts, issued as many as three different lists to Internet service providers (ISPs) and telecom service...
More »Facing extinction: A Madhya Pradesh tribe that cannot conceive -P Naveen
-The Times of India HARRAI: The Khairwar tribe in this remote village of Madhya Pradesh is on the verge of extinction because of the tribe members' inability to conceive. In the past five decades, villagers say, there has been only one birth in the tribe. And that child too -- born in 2011 -- died within a year. Why are the members of this community not able to have children? Locals attribute...
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