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State Bank of India (SBI) plans to sell over INR 960 billion ($12.9 billion) of distressed loans to asset reconstruction companies. The countrys largest bank prepared a list of 331 accounts, including loans to Future Group, Anil Ambani-promoted firms, Videocon Group and Jaypee Group, among others.
SC restrains DoT from invoking Airtel s bank guarantees - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
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.
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