Photographs: Rediff Archive C R Bhansali: Rs 1,200 crore The Bhansali scam resulted in a loss of over Rs 1,200 crore Rs 12 billion. There will be further criminal investigation and action on A. Shekhar Gupta: Prime Minister Cameron told us that you are the largest employer in private sectors. And we've been disadvantaged repeatedly. Year of allocation Government Companies Private Companies Power Projects Total No. Corporate executives would have refused help from A.
The 2 fundamentals of business i. Corporations involved were: Allianz Infra, Aircel, Dishnet wireless, loop mobile, Reliance communications, S Tel, Swan telecom, Tata Tele Services, Unitech Group, Videocon Telecommunications Limited, Vodafone Essar, Virgin Mobile India. Image: Spectrum, a money spinner. Thus, abiding by the Peter Drucker model to resolve this ethical dilemma involved the corporate personalities involved should have rejected the proposal offered by A. Shekhar Gupta: But you see she was representing you and the other body on the other side.
Shekhar Gupta: And what who could it be? Shekhar Gupta: Be it on the tariff cards. Shekhar Gupta: And the Gandhi family has spent a lot of capital in building his image and sustaining it. Asif Balwa younger brother of Shahid Balwa , Director, Kusegaon Fruits and Vegetables. But we are the ones that are picked out and it's unfortunate. Today, Raja is anything but angry. Uday Goyal: Rs 210 crore Uday Goyal, managing director of Arrow Global Agrotech Ltd, was yet another fraudster who cheated investors promising high returns through plantations.
The opposition parties have been demanding the resignation of A Raja since 2009. Vajpayee dated January 12, 2001, in which l advocated an open, transparent process giving all parties a chance to be heard - a stance that I have not changed till date. Shekhar Gupta: A week of seven Sundays. Finally, you have chosen to lecture me on the responsibilities of upholding the ethics and values which the Tata Group has honored and adhered to through the years. The market price was around Rs 830. I would happily have that happen, various other people would not like to see that happen but I would feel very happy to see that, I would feel very proud. The 122 spectrum licenses issued were supposed to be auctioned in a fair and impartial manner.
How have the things changed in six years, have they gotten better or worse? Three companies — Reliance Telecom Ltd, Swan Telecom Pvt Ltd and Unitech Wireless Tamil Nadu Pvt Ltd — also charge sheeted. All nine companies paid DoT only Rs. And we went to Singapore Airlines. Money Matters was allegedly acting as a middleman for loans. The offences would mean punishment ranging from 6 months of imprisonment to life imprisonment. Rajeev Chandrasekhar Member of Parliament Rajya Sabha 211 North Avenue New Delhi 110 001 Rajeev Chandrasekhar reacted to Tata's letter.
Cost and Benefit analysis 3. Nearly 150 are related to the period between 1993 and 2004 in which 45 coal blocks were allocated. The favourites had got bank draft prepared on the previous date before the spectrum allocation, said the Finance Minister On basis of all this, in February 2012, the Supreme Court cancelled all licenses. Judiciary should be independent and free of any external influence. Vajpayee, Deputy Prime Minister, Mr.
The company's directors and their relatives had misused the investors' money to buy properties. Image: The Bombay Stock Exchange building. Shekhar Gupta: Formally would you write to them? But, today the court found that the prosecution failed to prove the charges. Thank you very much for having this session today, it's always an honour, it's always a pleasure to be with you. They are heard promising to fix things for Radia, who is known to be close to the sacked minister A Raja, and her clients besides her political cronies. Photographs: Reuters Fertiliser import scam Rs 1,300 crore The fertiliser import scam cost the national exchequer over Rs 1,300 crore.
Only then democracy will have any meaning. Shekhar Gupta: I also said unusual times, you know why. It costs five times more to complete than it should. Did it the tapes come as a shock to you? He is charged with criminal breach of trust by a public servant, criminal conspiracy, cheating and forgery. I think he should be concerned about the nation going in that direction. Currently, the scam is being probed by two investigating agencies: Central Bureau of Investigation and Enforcement Directorate. In a free and fair bidding process, these profits should have accrued to the public exchequer.
However, as far as monetising these assets are concerned, there might be many a slip between the cup and the lip. The sheer enormity of the scam caused Time to include this scam as the 2nd biggest abuse of power in the history. Ratan Tata: I forget how many years ago. This price was not taken on the basis of the 2007 market value but on the basis of an auction held in 2001. As the Chairman of Tata steel, I can say, we have not done any such thing - directly or indirectly. The beneficiaries include some 100 private companies, as well as some public sector units, in industries such as power, steel and cement.