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Mark to Market | Manas Chakravarty, Mobis Philipose, Ravi Ananthanarayanan and Vatsala Kamat 10:49 PM | November 02,2009
A government-appointed auditor submitted a report last month saying that RCom has under-reported revenues to the government, causing a loss of licence fees to the exchequer
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Shauvik Ghosh and Bhuma Shrivastava 12:28 AM | October 29,2009
RCom denied any wrongdoing on its part, saying that the findings of the Citi report are “relying on the incorrect, biased and prejudiced special audit report”
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Tejeesh N.S. Behl 12:52 AM | October 26,2009
The Reliance Anil Dhirubhai Ambani group company strongly affirms that it anticipates no additional financial liability towards licence or spectrum fee
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PTI 03:39 PM | October 15,2009
RCom would take up the issue with the telecom ministry, he said
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Siddharth Zarabi / CNBC-TV18 02:37 AM | October 15,2009
DoT had earlier ordered audits of accounts for FY07 and FY08; exercise expected to last till year-end
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Bhuma Shrivastava and Shauvik Ghosh 01:06 AM | October 15,2009
A senior Sebi official said the market regulator would “definitely have to look into the matter” in such cases, but could not say if the process of internal examination had started or would start sometime soon
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PTI 06:04 PM | October 14,2009
A special audit is believed to have found that Rcom has overstated revenues to the tune of Rs2,915 crore in 2007-08
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Shauvik Ghosh and Bhuma Shrivastava 12:27 AM | October 13,2009
Firm has been accused of under-reporting revenue to save on licence fees, inflating numbers to exchanges
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CNBC-TV18 11:31 PM | October 12,2009
CNBC-TV18 meets the top gainers and losers and finds out what the players feel about Monday’s markets
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PTI 04:03 PM | October 12,2009
The special audit committee report that has been submitted to the DoT found that for FY08 actual wireless revenue earned by the company was only Rs12,298 crore as against Rs15,213 crore reported to the shareholders
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Bhuma Shrivastava and Shauvik Ghosh 12:06 AM | October 09,2009
A four-member committee of DoT will now examine the report, which was submitted after the auditors were given a three-month extension
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CNBC-TV18 09:28 PM | October 08,2009
CNBC-TV18 meets the top gainers and losers and finds out what the players feel about Thursday’s markets
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PTI 06:01 PM | October 07,2009
India’s tariff plans are among the lowest in the world and competition among mobile operators is set to increase
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Bhuma Shrivastava 12:50 AM | September 23,2009
The company may shed 10% in IPO, listing details yet to come; capex peaked in fiscal years 2008, 2009
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Shauvik Ghosh 11:47 PM | September 09,2009
The state-owned telecom companies are part of a proposed group of investors led by the Vavasi Group
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