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The Indian government on Friday attempted to downplay an alleged scam in the allocation of 2G licenses, by claiming that there had been no actual losses to the country. There had been presumptive ...

The issue dates to 2008 when nine telecom companies were issued scarce airwaves and licences for second generation (2G) mobile phone services at Rs.1,658 crore (less that $350 million) for a pan-India ...

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In its judgement delivered on February 2, 2012, the Supreme Court had quashed 2G spectrum licences given to various firms during the tenure of A Raja as the telecom minister in January 2008.

MUMBAI (Reuters Breakingviews) - India's judiciary is making its presence felt in the fight against corruption and crony capitalism. The Supreme Court's ruling in the 2G telecoms scam will change the ...