The second round of auction for 2G spectrum has begun with government putting on block CDMA spectrum worth Rs 6,400 crore. Sistema Shyam Teleservices (SSTL) which operates under the brand MTS is the lone bidder for CDMA spectrum for eight circles. SSTL had lo...
Telecom Minister Kapil Sibal says the government will try to start national free roaming for customers before October 2013. Trai has floated a consultation paper on national free roaming, says the minister. When Trai's recommendations come, the Ministry will t...
Actor-producer John Abraham announces his plans to donate and auction most of his clothes to raise money for a charity. The actor says that he will probably get on to that space where he can donate that kind of money to people. He also says that he often get c...
Artist and biennale co-curator Bose Krishnamachari hand-painted a white Tata Nano car, transforming it into a colourful work of art, which will now be exhibited at the heritage building before it is sold off at an open auction early next month. The day-long pa...
The Supreme Court on Friday ordered that telecom companies that were unsuccessful in the fresh 2G spectrum auction held in November last and those who did not participate in it would cease to operate forthwith. The court also ruled that telecom companies that ...
Telecom companies that were unsuccessful in the recently conducted 2G spectrum allocation bidding process, should stop their service immediately, orders the Supreme Court. The court had extended the deadline several times, with the most recent being February 4...
Supreme Court of India orders telecom operators, who did not bid in the November 2012 2G spectrum auction, to suspend their operations immediately. However, the apex court clarifies that its February 2012 order is not binding on the telecom companies that hold...
The auction for players in the IPL season 6 finishes with quite a big number of surprises. While Michael Clarke and Ricky Ponting did not garner too much of interest, younger ones like Glenn Maxwell were among the top earners. In this episode of Vinnaithandi V...
Bollywood starlet and Rajasthan Royals owner Shilpa Shetty says that she is confident that her team will win the sixth edition of IPL. Speaking about the IPL auction, she says she does not believe in paying high prices to buy the superstars as she believes in ...
Australian Glen Maxwell was the highest priced player as Mumbai Indians purchased him, paying a whopping $1 million. Ricky Ponting too was purchased by Mumbai Indians for $400,000. Here is a list of players who were brought by different teams and the prices th...
All eyes are set on the IPL auction as 108 players, among which seven are Indians, are up for the bids. The top buys among the players are Australians Ricky Ponting and Michael Clarke. All the team owners and captains have reached Chennai to pick up the best p...
IPL season 6 officially begins after the much-awaited auction this Sunday. Deccan Chargers, now called Sun Risers, will also be auctioned. Who will go for the maximum price? Only time will tell.
The 31-year-old Australian captain Michael Clarke will soon be in much demand during the IPL season. Both Mumbai Indians and Pune Warriors have an eye on this perfect cricketer who will also lead the team he gets into.
Mahatma Gandhi's memorabilia have been brought back to India after former minister Kamal Morarka acquired the items at an auction in London. However, Morarka expressed grief over the Indian government's apathy towards the items and the bureaucracy for not wavi...
Princess Diana's rare black and white pictures of 1981 will be auctioned by RR. These pictures were collected seven years ago from Daily Mirror's library, says RR auctions.
Member of Parliament PT Thomas introduced a private bill in Parliament to press for an open market for cardamom, so that small-time cardamom growers could get better remuneration for their produce. As of now, cardamom and coffee can reach the markets only thro...
Congress gets fresh ammunition in 2G case after a former director general in CAG office says the draft report prepared by him did not have Rs 1.76 lakh crore as presumptive loss amount. The retired official also says that PAC chairman Murali Manohar Joshi had ...
Information and Broadcast minister Manish Tewari has hit out at the Comptroller and Auditor General Vinod Rai and asked him to explain how the purpoted loss of Rs 2,645 crore turned into Rs 1.76 lakh crore. Former Director General of CAG RP Singh had earlier ...
After the government's criticism of 2G loss, now one of his own has come to question CAG Vinod Rai over the Rs 1.76 lakh crore figure as estimated loss. Former Director General of CAG RP Singh has rubbished the amound quoted by CAG on the 2G audit. Singh state...
Pulling up the Congress-led UPA government over its casual attitude towards the 2G auction, the Supreme Court has asked the government why the entire 2G spectrum licenses, which were cancelled, were not put up in the recently concluded 2G auction. The apex cou...
Pulling up the Congress-led UPA government over its casual attitude towards the 2G auction, the Supreme Court has asked the government why the entire 2G spectrum licenses, which were cancelled, were not put up in the recently concluded 2G auction. The apex cou...
Finance Minister P Chidambram has said that the 2G spectrum auction is not over and the government will make substantial gains once the process is complete. He has claimed that policy is best left to the government. He has said that the government is hardly pa...
BJP leader Arun Jaitely expresses disappointment over the 2G spectrum allocation auction's failure. He says that the government should have introspected instead of putting pressure on the nation's economy. He also added that the government has mismanaged the t...
Claiming that the Congress-led UPA government is neck-deep in corruption, BJP spokesperson Prakash Javadekar says that the government is attempting to gag CAG in order to save its face. Further on he claims that sensationalism has kiled the 2G auction. He hold...
Congress leaders including Finance Minister P Chidambaram, Telecom Minister Kapil Sibal and Information and Broadcasting Minister Manish Tiwari has come out defending the 2G auction after Opposition called the auction a flop show. Chidambaram says that the gov...
While Finance Minister P Chidambram says the 2G spectrum auction is not over and the government will make substantial gains once the process is complete, Telecom Minister Kapil Sibal terms the poor response to the 2G spectrum as the 'hen that laid golden eggs ...
At a press conference in New Delhi, CPI(M) leader Sitaram Yechury attacked the Centre and its reform policies. The Left party leader said that they would demand a vote in the Parliament winter session on FDI in retail. Yechury also slammed the governement's su...
At a press conference in New Delhi, CPI(M) leader Sitaram Yechury attacked the Centre and the way it has gone about attacking the fresh auction of 2G spectrum. Even though the Leftist party would demand a vote in the Parliament winter session on FDI in retail,...
While the central government blames the Comptroller and Auditor General for the disappointing auction of 2G spectrum for his estimated price of it, the BJP has come out and said that the government is trying to hurried cover its own shortcomings in the auction...
After the disappointing auction of the 2G spectrum which did not even garner one-fourth of the expected revenue, the government has launched a fresh attack on the Comptroller and Auditor General for his estimated cost of the 2G spectrum. Congress general secre...
The fresh auction of 2G spectrum begins today as the UPA hopes to earn Rs 40,000 crore in revenue. Bharti Airtel, Vodafone, Videocon, Idea Cellular, Telenor and Videocon are the five names in the race bidding for the GSM (Global System for Mobiles) airwaves. T...
Achil Vandhavai | The government plans to raise Rs 45,000 crore through the fresh 2G spectrum auctions that will take place today. The fresh auction following the Supreme Court decision to deem the 2008 allocations as 'unconstitutional'. Will the high base pri...
In wake of the prolonged disruption of cardamom auctions, the Spices Board is planning to halt the auctions. The board is also planning to come out with another option instead of the auctions. Auctions have come to a standstill for the last 22 days due to a st...
A stay has been brought on the auction at Shirdi Sai temple. A set of gold and silver articles donated by devotees at Shirdi Saibaba temple were to be auctioned. The Sansthan announced the schedule, beginning October 18. The Aurangabad bench of Mumbai High Cou...
The Shirdi Sai trust has decided to auction the gold, silver and diamond jewelery that has been donated by devotees over a period of time. Over 52 articles would be auctioned, on three dates- October 18, November 1 and November 8. The diamonds and precious sto...
On Market Hour: Telecom Minister Kapil Sibal supports levying one time spectrum fees but says the Cabinet will take the final decision. Market Hour speaks to Rajan Mathews from COAI, Swati Kulkarni from UTI AMC and Mohit Sarat from Luthra & Luthra for their re...
Huge relief is expected for the major mobile operators Airtel and Vodafone as the auction cut-off date to be kept at 2008 and not 2003, which is going to reduce the retrospective payments the majors will have to pay for the spectrum acquired between 2003 and 2...
The VVR Housing Society wins the auction for the 'Vinayaka Nimarjanam' laddu, paying Rs 12.15 lakhs. The owners of the society said that they will be donating the money for poor kids in the form of books, bags, and tuition fees.
Hindu devotees are gearing up for the mega ‘laddu’ auction conducted on the outskirts of Hyderabad every year on the final day of the Ganesh immersion. It is believed that the ‘laddu’ brings good luck to the bidder.
Finance Minister P Chidambaram, Union Telecom Minister Kapil Sibal and Union Law Minister Salman Khurshid hold a joint presser to welcome the Supreme Court verdict on the Presidential reference. The apex court ruled that since the prime purpose of the governme...
On Market Hour: Subir Gokarn, Deputy Governor, RBI talks about concerns over inflationary risks; Rakesh Jhunjhunwala of RARE Enterprises on Global Insights with Punita Sinha Kumar about sectors to bet on; Dhiraj Sachdev and Varun Lohchad on where investors sh...
In the backdrop of the Supreme Court's observation on the allocation of natural resources, Union Telecom Minister Kapil Sibal provides the government's detailed response. Claiming that the SC judgement has brought clarity on the issue of auctions, he adds that...
The Supreme Court confirms that the auction order is for the telecom spectrum and is not applicable to all natural resources. This comes as a relief to the government which has been criticised for auctioning coal.
The Supreme Court is expected to respond to the presidential reference today, asking if all natural resources have to auctioned transparently or if it should be restricted to spectrum allocation.
This story traces the journey of another famous diamonds from the mines of Golkonda, or Golconda as it is know internationally. This time it is the Archduke Joseph Diamond, an unmounted Golconda diamond weighing 76.02 carats with a D colour and internally flaw...
Headlines Today exposes the massive hole in the government's 'zero-loss' theory with regard to the coal allocation scam. Union Finance Minister P Chidambaram questioned how any loss could be incurred if not even a single block of coal had been mined. This expo...
The CBI probe unearths documents into the coal allocation scam that have raised many political eyebrows. All coal block allocations made during the UPA government's tenure in 2004, were reportedly signed off by the then Coal Minister, Manmohan Singh. Prime Min...
The Congress-led UPA government seems to have pulled off a masterstroke as far as the SC/ST reservation in promotion Bill is concerned. The quota Bill is scheduled to be introduced in the Rajya Sabha again tomorrow. The Congress is attempting to put the BJP on...
A new revelation into the Coalgate probe has raised eyebrows. All coal block allocations made during the tenure of the UPA government's tenure in 2004, were reportedly signed off by the then Coal Minister, Manmohan Singh. Prime Minister Manmohan Singh, who was...
The Congress has also called for a probe into the allegations made by the BJP. the Congress MPs are expected to approach the Central Vigilance Commission with a petition soon. The Congress has now sought an expansion of the CBI probe now going on in the alloca...
The Rajya Sabha is adjourned yet again as the BJP holds the Parliament hostage until their demands, in connection with the coal allocation scam, are met. The impasse in Parliament now enters the third consecutive week. The BJP and the Congress have both harden...
In an attempt to end the logjam in both Houses of Parliament, Prime Minister Manmohan Singh is now taking matters into his own hands. The Prime Minister has called a meeting with all senior UPA leaders to formalize a strategy to combat the BJP's stubborn attit...
BJP Spokesperson Ravishankar Prasad reiterates the opposition's stand against the government in connection with the coal block allocation scam. The BJP has three demands. They have called for the resignation of the Prime Minister because he was the Coal Minist...
BJP leader Ravishankar Prasad claims that the Opposition is not to blame for the logjam in Parliament. He blames the arrogance of the UPA government for the washout of the entire monsoon session of Parliament. The BJP has three demands. They have called for th...
The CBI teams fanned out in over ten cities raiding those companies named in their primary FIRs, which are said to have illegally benefited from nepotism in coal block allocations. Meanwhile, Union Coal Minister Sriprakash Jaiswal reiterated that the policy fo...
BJP leader Sushma Swaraj takes on the government for being 'stubborn' and not conceding its 'obvious' role in the massive coal allocation scam. The Opposition continues to stall proceedings in the Parliament, as the standoff enters the third consecutive week....
Coal Minister Sriprakash Jaiswal addresses a press conference and rebutts some of the charges made by Leader of Opposition in the Lok Sabha, Sushma Swaraj. The BJP-led opposition continues to hold the Parliament hostage, creating an uproar in the Parliament as...
BJP Spokesperson Prakash Javadekar lashes out at the Congress government in the state of Andhra Pradesh and the Centre for the misuse of law and order personnel. The BJP demands an answer from the Congress, as to why the Telangana protestors were lathicharged ...
The BJP-led opposition continues to hold the Parliament hostage, creating an uproar in the Parliament as the impasse enters the third consecutive week. The BJP and the Congress have both hardened their stand on the issues brought to light by the controversial ...
In another month, devotees of Shirdi Sai can posses gold and silver that belonged to Sai. This had been donated in the form of jeweler y by devotes of Sai. Now of the 280 kg of gold and 300 kg of silver, around 27 Kg of gold and 516 Kg of silver had been sent ...
The silver that you donate as part of the 'Rahu-ketu parihara pooja' at the Sri Kalahasti temple will now be recycled. The endowments department has made a move to auction all the silver articles donated by devotees. But many devotees says using the silver alr...
The Prime Minister's Office had previously given the onus of the 58 captive coal mines on the Coal Ministry. The PMO had made it clear that it wanted the coal ministry to decide on the fate of these coal blocks and to carry out an auction, maybe even cancel li...
Samajwadi Party's Mulayam Singh Yadav and other parties sit on dharna outside the Parliament against the stand-off over the Coalgate scam. Mulayam wants a CBI inquiry or inquiry by a sitting judge of the Supreme Court into the scam. An alarmed Congress preside...
Sitaram Yechury, Politburo Member, CPI(M), says the coal policy has to be revised instead of debating allocation versus auction, as it depends on the needs of the State. He feels the Government should have held a meeting with the leaders of the Opposition of b...
The BJP in its reaction to the statement of the PM Manmohan Singh and Coal Minister Sriprakash Jaiswal, takes the PM's speech apart. Sushma Swaraj says the PM gave reasons like GDP and energy security for allotting coal blocks, but none of which were fulfilled...
The Congress-BJP tussle has now turned into a battle of scams. The Congress has launched an all-out counter offensive against the BJP, claiming that the coal allocations were carried out as followed by previous governments. To support their stand, the Congress...
The Supreme Court is set to consider extending the deadlines for the fresh 2G auctions. The apex court will extend the deadline if the telecom secretary submits a written undertaking to this affect. Supreme Court says that the government must assure that the o...
States have hit back at the Centre over the CAG report on coal block allocations. The government has meanwhile reiterated that the Comptroller and Auditor General has put forth a 'faulty' report. While the Minister of State in the Prime Minister's office, Nara...
BJP Spokesperson Prakash Javadekar has hit out at the UPA government over its reaction on the CAG report, saying that the PMO cannot question the CAG for its observations. While the Minister of State in the Prime Minister's office, Narayanasamy, downplayed the...
BJP Spokesperson Prakash Javadekar has hit out at the UPA government over its reaction on the CAG report, saying that the PMO cannot question the CAG for its observations. While the Minister of State in the Prime Minister's office, Narayanasamy, downplayed the...
The CAG report declares a probable loss of 2.5 lakh crore due to bad policy, impropriety and lack of transparency in the coal block allocation. This report, which was tabled in Parliament yesterday, has led to a major political war. While the BJP questions the...
The Centre seeks time for another 40 days to complete the 2G spectrum auction process and give away licenses. The Centre has filed an application in the Supreme Court seeking time until November.
Rush Hour covers the Union Cabinet's decision on the 2G spectrum reserve price. The show talks to Mohammad Chowdhury, Leader Telcom, PwC; Rajan Mathews, Director General, COAI; Gopal Jain, Senior Lawyer; and R Chandrashekhar, Telecom Secy about their take ...
The 12th edition of the Osian Cinefan kicks off in New Delhi after a break of two years. The eclectic programme showcases the best of Asian, Arab and Indian cinema focused on the freedom of creative thought and expression. Apart from film screenings, the festi...
The world's richest temple gets about a ton of hair each day from devotees who tonsure their heads there. Auctioned online and sold across the world, this has fetched the temple a record Rs 200 crores over the past six months.
It has not been an easy time for the lucky ones who bagged the licenses to run liquor shops under the new lottery system. Firstly those who had benefited under the older excise policy and entrenched members of the liquor syndicate have combined with local poli...
The Finance Ministry, under the PM's ambit, now sets down a firm line with regard to auction of coal blocks. The Finance Ministry says that auction can be considered for surplus coal blocks only and not for blocks meant for captive use by power projects.
Mulayam Singh Yadav writes to the PM opposing any move by the Empowered Group of Ministers (EGoM) to scrap TRAI recommendations on auction prices. The PM himself is not very happy with the recommendations as it would result in a tariff hike for the customers.
Guess in which district women are the most competitive when it comes to standing shoulder to shoulder with men? Chittoor, the home district of CM Kiran Kumar Reddy. Women here and across the state have proved to be at the forefront to acquire liquor shop licen...
A Revenue Inspector received threatening calls from the sand mafia. Such is the power of the sand mafia that they have started issuing threats to government officials. Specially in Krishna and Guntur district, postings in these areas are considered dangerous. ...
A businesswoman couldn't believe her luck in the auction for liquor shop licenses held across the state. What's interesting is that she owned the license earlier too, and this time got luckier when her name was picked up for granting of liquor shop license in ...
Women's organisations and parties from the Opposition, gathered outside the venues of auction for liquor shop licenses, and battled police even as they protested the state-wide auction of liquor shop licenses. Many women were beaten up with lathis by the polic...
On the day tenders for liquor licenses opened across Andhra Pradesh, there was tremendous response to grab these precious offers. The state government also released the figures to obtain bar licenses. The tenders were called after the state government did away...
The Tirumala Tirupathi Devasthanams has earned Rs 100 cr this season from the sale of hair donated by devotees at the temple. The hair donated at kalyana katta is washed and graded according to six grades, with grade already auctioned out. The second grade is ...
This programme discusses the new excise policy. The state government released a new excise policy that seeks to do away with lacunae in old policy. Shop licenses would be granted by lottery, and no more auction system. A fixed license fee model based on popula...
The Prime Minister-led ECC decided to invite applications for the coal allocations without an auction. Why was PM in such a hurry to invite fresh applications for allocations without an auction?
The Prime Minister-led Energy Coordination committee (ECC) decided to invite applications for the coal allocations without an auction. This hasty decision by the PM now falls under the scanner.
HT accesses documents that show that the Prime Minister-led ECC decided to invite applications for the coal allocations without an auction. Why was PM in such a hurry to invite fresh applications for allocations without auction?
Commerce Minister Anand Sharma writes to Finance Minister Pranab Mukherjee, holding Telecom Regulatory Authority of India (TRAI) responsible for the economic crisis faced by the nation.
Corporate Affairs Minister Anand Sharma writes to Finance Minister Pranab Mukherjee holding Telecom Regulatory Authority of India (TRAI) responsible for the economic crisis in the country.