India Money, Political and General News Correspondent, New Delhi
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Apr 4, 2011

Indian tycoon Tata faces lawmakers probing telecom graft scandal

NEW DELHI, April 4 (Reuters) – Iconic Indian tycoon Ratan
Tata will appear on Monday before a parliamentary panel probing
a multi-billion dollar telecoms graft scandal that has badly
dented the government’s credibility and alarmed investors in
Asia’s third largest economy.

The questioning of one of the foremost titans of Indian
industry comes two days after police made the first indictments
in the case, naming a former minister, a unit of Reliance ADA
group and the Indian partners of Etisalat and of
Telenor among the accused. [ID:nL4E7F201J]

Apr 2, 2011

Ex-minister, firms charged in huge India graft case

NEW DELHI, April 2 (Reuters) – Indian police charged three
telecoms firms, a former minister and several executives with a
range of crimes on Saturday in a multi-billion dollar licensing
scandal, potentially the biggest graft case in Indian history.

Charges in the case, which has rocked India’s business and
government establishments, were handed down against former
telecoms minister Andimuthu Raja and the firms Reliance Telecom,
Unitech Wireless and Swan.

Apr 2, 2011

Q+A – What is the 2G spectrum scandal all about?

NEW DELHI (Reuters) – The Central Bureau of Investigation (CBI) on Saturday charged former telecoms minister Andimuthu Raja, Reliance ADA Group and the Indian arm of Etisalat, in a multi-billion dollar telecoms licensing corruption scandal that has rocked the government and business establishments.

Here are some questions and answers on the case:

WHAT IS THE ISSUE ALL ABOUT?

The CBI say that in 2007-08, when the government issued 122 new telecoms licences, several rules were violated and bribes were paid to favour certain firms.

Apr 2, 2011

Raja, Reliance ADAG charged in 2G spectrum scam

NEW DELHI (Reuters) – The Central Bureau of Investigation (CBI) on Saturday charged former telecoms minister Andimuthu Raja, Reliance ADA Group and the Indian joint venture partners of Telenor and Etisalat, in a multi-billion dollar telecoms licencing corruption scandal that has rocked the government and business establishments.

Managing Director of Unitech Sanjay Chandra and three officials of Reliance ADA Group were charged in the case, a government lawyer told reporters.

Apr 2, 2011

India ex-minister, Reliance ADA charged in telecoms graft case

NEW DELHI, April 2 (Reuters) – Indian police on Saturday
charged a former minister, the Reliance ADA Group and the
Indian joint venture partners of Telenor and Etisalat
, in a multi-billion dollar telecoms
licencing corruption scandal that has rocked the government and
business establishments.

Andimuthu Raja, the telecoms minister at the time of a
flawed 2008 mobile phone licence allocation process, Managing
Director of Unitech Sanjay Chandra, and three
officials of Reliance ADA Group were also charged in the case, a
government lawyer told reporters.

Apr 2, 2011

Q+A-What is India’s telecoms scandal all about?

NEW DELHI, April 2 (Reuters) – Indian police on Saturday
charged a former minister, the Reliance ADA Group and the
Indian arm of Etisalat, in a multi-billion dollar telecoms
licencing corruption scandal that has rocked the government and
business establishments.

Here are some questions and answers on the case:

WHAT IS THE ISSUE ALL ABOUT?

Police say that in 2007-08, when India issued 122 new
telecoms licences, several rules were violated and bribes were
paid to favour certain firms.

Apr 1, 2011

Key risks to watch in India

NEW DELHI (Reuters) – Five states go to elections in April, while the ruling Congress party is under attack for high prices and graft scandals, and the polls are seen as a mini-referendum on Prime Minister Manmohan Singh’s government.

Few analysts expect any significant policy decisions on economic reforms before results are out on May 13.

Apr 1, 2011

Key political risks to watch in India

NEW DELHI (Reuters) – Five states go to elections in April, while the ruling Congress party is under attack for high prices and graft scandals, and the polls are seen as a mini-referendum on Prime Minister Manmohan Singh’s government.

Few analysts expect any significant policy decisions on economic reforms before results are out on May 13.

Mar 31, 2011

Slower Indian population growth may benefit economy

NEW DELHI (Reuters) – India’s population grew at its slowest pace since independence in the decade to 2011, the government said on Thursday, a trend welcomed by some since it may lead to higher living standards and sounder public finances in a country with enough young people.

Unlike the advanced countries of the West or even Russia and China, where ageing or shrinking populations have sparked worries about the impact on economic growth, India has long sought to bring down population growth to a level it can handle.

Mar 29, 2011

India police to charge ex-minister in telecoms graft

NEW DELHI (Reuters) – Indian police will file charges against a former telecoms minister and other government and corporate officials this week, a government lawyer said on Tuesday, in a multi-billion dollar telecoms corruption case that has shaken government and business.

Alleged corruption in a 2007-08 telecoms license and spectrum allocation has damaged confidence in the ruling Congress government, has led to calls for the resignation of Prime Minister Manmohan Singh and has worried investors in Asia’s third-largest economy.