Coal allocation scam or Coalgate‚[1] as referred by the media‚ is a political scandal concerning the Indian government’s allocation of the nation’s coal deposits to public sector entities (PSEs) and private companies. In a draft report issued in March 2012‚ the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period 2004-2009. Over the Summer of 2012‚ the opposition BJP lodged a complaint resulting
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The 2G spectrum scam involved officials in the government of India illegally undercharging mobile telephony companies for frequency allocation licenses‚ which they would use to create 2G subscriptions for cell phones. According to a report submitted by the Comptroller and Auditor General based on money collected from 2G licenses‚ the loss to the exchequer was 176‚379 crore (US$38.27 billion) . The issuing of the 2G licenses occurred in 2008‚ but the scam came to public notice when
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Colgate Scam is the recent coal scandal that happened in the country due to poor allocation of coal blocks. This scam is also called the “Mother of all scams’. CAG report shows that private companies had gain around Rs 1.86 lakh crore from coal blocks that were allocated to them on nomination basis instead of competitive bidding‚ which amounted to the loss to national exchequer.194 coal blocks were not auctioned between 2004 and 2011 which causes these huge losses. The losses occurred in a way that
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Introduction - ethics 4 2 Business Ethics 4 3 Overview of Issues in Business Ethics 5 4 Satyam 8 5 Controversies 9 6 Details of Satyam Scam 10 7 Analysis 13 8 Conclusion 15 Ethics. Ethics is a branch of philosophy which seeks to address questions about morality‚ such as how a moral outcome can be achieved in a specific situation
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3G: The Inception of new era in telecommunication 3G: The Latest generation in telecommunication 3G inception in India Inception of 3G in India 3G: The New Wireless Technology 3G Mobile Technology 3G stands for Third Generation. It is the third-generation of mobile phone technology standards. Japan was the first country to introduce 3G on a large commercial scale. India entered the 3G arena in 2008 with the launch of 3G enabled Mobile and Data services by BSNL. Later‚ MTNL launched 3G in metropolitan
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Introduction to scams Various scams‚ scandals and stigmas that have surfaced in the recent years. These may not all be attributable to the antics and bungling of politicians‚ but they have been facilitated largely because of the vitiated atmosphere that the politicians and the political system have created in the country. Scams and scandals have manifested themselves in large numbers over the past few years. The latest‚ the Petrol Pump Scam concerning 3‚158 allotments of petrol pumps‚ LPG agencies
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Satyam scam Satyam Computers services limited was a consulting and an Information Technology (IT) services company founded by Mr. Ramalingam Raju in 1988. The company offers information technology (IT) services spanning various sectors‚ and is listed on NSE‚ BSE‚ the New York Stock Exchange and Euronext. It was India’s fourth largest company in India’s IT industry‚ offering a variety of IT services to many types of businesses. Its’ networks spanned from 46 countries‚ across 6 continents and employing
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India’s much awaited third generation (3G) mobile services auction was reschedule to February 2010 as we shared in our earlier news. Before the long expected 3G auctions‚ telecom experts advised prospective operators to search for the High-end customers in their existing subscriber base and prepare to them to shift to high speed download with the 3.5G that the third generation spectrum would facilitate. The telecom expert’s view at a 3G India Mobile Operators Executive Summit was that the new
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our everyday functions for businesses and other personal aspects. But also with that advancement‚ networks such as 3G and 4G have exploded onto the market and competitors such as Verizon and AT&T have led the way in cornering the market with new devices and services. When consumers are in demand of services‚ they often do not know the benefits‚ similarities‚ and differences between 3G vs. 4G networks nor do they understand the capabilities‚ speeds‚ compatibilities‚ and availability of services such
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3G (Third Generation) Wireless Vs 2G (Second Generation) Wireless Abstract In my research paper‚ I will be defining the difference between 2G wireless and 3G wireless. It will consist of the history of both 2G and 3G network. 2G networks were built mainly for voice data and slow transmission. Due to rapid changes in user expectation‚ they do not meet today’s wireless needs. Cellular mobile telecommunications networks are being upgraded to use 3G technologies from 1999 to 2010. Japan was the
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