Tag Archives: scam

Telecom Panel Returns TRAI Recommendations on 3G Prices, Suggests Re-look

In view of the sky-high 2G, 3G prices which have roped in scamsters and sent one previous Telecom minister to jail, the current government is going cautious over the 3G spectrum auction. As part of the exercise, the Telecom Commission on Wednesday decided to send back the regulator TRAI’s 3G or 2100 mega hertz (MHz) spectrum sky-high price recommendations for ...

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Iron-ore probe: CBI raids Janardhana Reddy’s associates in Sandur near Bellary

CBI has focused on Hospet-based iron ore exporters who were close associates of Bellary mining baron Gali Janardhana Reddy and his family, as part of the probe into illegal iron ore exports during the 2009-2010 period as directed by the apex court. Teams of the CBI raided houses of Karapudi Mahesh, Swastik Nagaraj and Somasekhar in Sandur taluk near Hospet ...

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Rajat Gupta released on bail

Rajat Gupta, who surrendered to FBI on Wednesday, has been released on bail. The former McKinsey chief was accused in an insider trading scam in the United States. Though he surrendered, he pleaded not guilty throwing the gauntlet at the authorities to prove him guilty. He is facing charges in a 6-count indictment for alleged insider trading.

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