DoT to seek law ministry's view in TTSL-Idea issue

Awaits report from corporate affairs ministry on the issue

PTI | July 2, 2012



Telecom ministry will seek an opinion from the law ministry on the alleged violation of licence conditions by Tata Group after it gets a report from the ministry of corporate affairs (MCA).

"Ministry of law is to be consulted after the comments are received from MCA," sources in DoT said.

The corporate affairs ministry, which is examining allegations made by Aditya Birla Nuvo against Tata Group is likely to submit its comments to DoT soon.

When asked for a comment on the matter, a Tata Group spokesperson said, "We are in no position to comment on whether or not any department of the government is enquiring into any matter. Suffice it to say that we have not received any enquiry from any department of the government."

DoT had sought information regarding shareholding pattern of Tata Industries in Tata Teleservices (TTSL) and Tata Teleservices Maharashtra (TTML) in 2005-2006 from MCA.

Sources said the corporate affairs ministry is in the process of compiling information through registrar of companies (RoC) but this is a time consuming process and the Ministry can only send its comments after examining the information received from RoCs.

Kumar Mangalam Birla-owned Aditya Birla Nuvo had written to DoT about Tata Industries holding more than 10 per cent indirect equity in two licence companies (TTSL and TTML) for the same service area in violence of the licence conditions.

The dispute between the two groups started after Tatas, who were joint venture partners in Aditya Birla group-led Idea Cellular, started their CDMA operations.

Aditya Birla group had alleged that TTSL and TTML were offering services in some areas overlapping that of Idea Cellular.

Comments

 

Other News

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Nepal Floods: India keeps close watch on the situation

India`s central government has been keeping a close watch on the situation arising out of the flash flood in Nepal on Wednesday. Union home minister Amit Shah spoke with the chief ministers of Bihar and Uttar Pradesh, the two states that share the border with Nepal, regarding the disaster

UPI completes 10 years of digital payments revolution

The Unified Payments Interface (UPI), launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digi

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter