|
World Business News |
Chennai News
Thursday, February 10, 2005:
IT and Communication Minister Dayanidhi Maran has said there
is no question of refunding Bharti Tele for the entry fee the
company paid for getting a licence for five circles.
"The licence agreement clearly states that the entry fee is
not refundable," Communication and IT Minister Dayanidhi
Maran told reporters on the sidelines of a function.
The government had not entertained Bharti's demand for refund
of Rs 135 crore and so the matter has approached the court,
he said.
Last week, Bharti had approached TDSAT challenging Government
decision not to refund the money.
TDSAT had yesterday posted the matter to March 4 seeking some
clarifications from Bharti over their petition. (With PTI
inputs)
news from
Wired
Recent News...
Bharti Drags
govt. to TDSAT...
Jet Plans
Singapore Flight...
Chennai company
wins major contract in US...
Dubai announces
mega project...
VSNL files suit
against Govt....
Hexaware net Q4
jumps 186%...
M & M net jumps
53%...
L & T Q3 net up
29%...
Honor for TVS
Motor Chief...
iGate Opens
second center in Chennai...
RIL Q3 net up
52%....
Satyam Q3 net up
20%...
Its Growth for
Apollo...
Xansa to create
7000 more jobs...
Airbus Unveils
World's Biggest Passenger Jet...
India-US reach
agreement on Open Skies...
Dena Bank to
float second public issue
TCS Q3 net up
23% at Rs 713Cr.
Infosys does it
again...
Mpahsis BFL net
up 28%...
HDFC Q3 net up
31%...
Tata motors
growing strong...
Reliance bags
Oil Block in Oman...
Sify to host
gaming Championships..
Ambani Quits as
IPCL Vice Chairman..
TVS posts 21p.c
jump in sales in Dec 2004..
Hexaware at
Level 5 of CMMI..
Adidas to be
official kit supplier at Chennai Open..
MaFoi opens BPO
facility in Malaysia..
India is now
World's 4th Largest Economy...
Reliance
Plans Network Expansion...
|
|
