A review of recent restructuring and insolvency activity in United Kingdom (England & Wales), including key legal developments and significant transactions.
Five private sector telecom firms understated revenues by Rs 14,813 crore: CAG report
Five private sector telecom firms understated revenues by Rs 14,813 crore: CAG report CAG Also Pointed Out That Telecom Operators Deducted Discounts Offered To Dealers And Customers; Free Talk Time; Interest Earned From Investments And Some Asset Sales From Their Gross Revenue.
News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 20 Dec 2017, 09:17:52 AM
New Delhi:
In its latest report tabled on the Parliament on Tuesday, the Comptroller and Auditor General has said that five companies Tata Teleservices, Telenor, Videocon Telecom, Quadrant and Reliance Jio have understated their revenues by Rs 14,813.97 crore for different periods up to 2014-15, and a consequent shortfall in government collection of Rs 2,578.83 crore.
Pakistan to set up wholesale electricity market
Business
March 10, 2021
LAHORE: Pakistan finally moves towards setting up the wholesale electricity market; following digitising upstream energy sector with the help of the United States of America.
This was made possible as the United States Mission to Pakistan on Tuesday officially handed over an innovative new metering system to the government of Pakistan to help network and market operators better manage the national power grid.
The Secure Metering System, developed by the United States Agency for International Development (USAID), improves Pakistan’s National Transmission and Despatch Company’s (NTDC) ability to forecast power requirements across the country.