Moneycontrol » News » CNBC-TV18 Comments

CBI rejects TRAI, law min reports, says it's unsolicited

Published on Thu, Sep 15, 2011 at 14:39 |  Source : CNBC-TV18

Updated at Mon, Sep 19, 2011 at 18:02  

94099 Investors following Reliance Comm. Share this News with them.
0
0
Share on Tumblr
CBI rejects TRAI, law min reports, says it's unsolicited

Other Stocks in this news

Essar Teleholdings |

Days before the next change sheet in the 2G case is due, the Central Bureau of Investigation (CBI) has rejected crucial Telecom Regulatory Authority of India (TRAI) and law ministry reports saying that their views are unsolicited.

CNBC-TV18's Malvika Jain reports that the CBI has told the 2G trail court that the law ministry's report defining the term 'associated' is unsolicited. The report implies that Reliance Communications and Swan as well as Loop and Essar are not associated.

The bureau also points out that the covering letter of TRAI report that came in on August 28 is unsolicited and contradicts the expert committee's view. The expert panel had pegged the 4.4 MHz value at Rs 5,500-9,500 crore. CBI told the court that it only asked TRAI to estimate actual price of the spectrum. The CBI has thus written to the telecom authority highlighting contradictions and would place only the report and not the cover letter in front of the court.

  

Trending News

Business News

At a mere 6.2 mm ZTE's Athena could be the world's thinnest phone
Subbarao's job just got harder - thanks to Q4 GDP crash "Subbarao's job just got harder - thanks to Q4 GDP crash"

Bharat Bandh hits normal life in several states

Coal Block Allocation Sources Say CVC Referral Based On BJP Leader P Javadekar's Complaint

The latest earning numbers FIRST on CNBC-TV18
Interviews

May 31 2012, 17:09 | Source: CNBC-TV18

Eyeing 5-6% growth in tractor segment during FY13: M&M  

May 31 2012, 14:55 | Source: CNBC-TV18

Expect reasonable growth in profits ahead: Praj Industries  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!