The 2G spectrum scam in India involved the issue of 1232 licenses by the ruling Congress-led UPA alliance[1] of the 2G spectrum to 85 companies[1] including many new telecom companies with little or no experience in the telecom sector at a price set in the year 2001. The scam involved allegations regarding the under pricing of the 2G spectrum by the Department of Telecommunications which resulted in a heavy loss to the exchequer, and the illegal manipulation of the spectrum allocation process to
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Ethical Scam Every organization to function smoothly and efficiently and to achieve its long term goal needs to behave in a ethical manner. Hence ethics are guiding principles or expectation of conduct governing the behavior of an individual or a group. In the increasingly conscience-focused marketplaces of 21st century , the demand fore more ethical actions is increasing. But greed overcomes principles , for earning huge profits in a short run businessmen do adopt unethical practices , leading
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Financial Frauds in India The 2G scam Aniruddh Narsimhan - P35114 Disha - P35125 Manu Vatayan – P35149 Mrinalini - P35152 Svethal Bhasin - P35188 2G spectrum scam took place in India in late 2000’s which involved politicians and government officials who tried illegal undercharging mobile telephone companies for frequency allocation licenses, which they would then use to create 2G spectrum subscriptions for mobiles. The entire process of allocation of UAS licences lacked transparency
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Corruption Sanchit Avasti Roll no. 03 TYBMM Introduction of corruption What is Corruption? In philosophical, theological, or moral discussions, Corruption is spiritual or moral impurity or deviation from an ideal. In economy, Corruption is payment for services or material which the recipient is not due, under law. Corruption means the state of being bad and dishonest, especially in matters concerning money. It creates a very impact to the country's education, occupation, living style
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“Want to get some work done; take something in your pocket”. These are the words which must be stuck round everywhere. Yes, truly speaking about the widespread corruption in India. Today corruption has become an inevitable issue. Corruption is seen in almost every part of Motherland. Viewing from working post regard almost each one has dipped himself into this sinful act. “As you sow, so shall you reap” is almost violated everywhere. Evil consideration of money as everything actually depraves oneself
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Prevailing socio economic conditions Beginning of FYPs * Borrowed the concept from USSR * Tweaked it according to prevailing situations * Nehru Mahalanobis model * Emphasis on self reliance, PSUs, and vibrant SMEs * Trickledown effect and strong basic industries * Criticism Some important events: * 1948- Pakistan war * 1962- China war * 1965- Pakistan war * 1971- Liberation of Bangladesh * 1970s- oil and energy crises * 1975- Emergency * 1991-
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Understanding IPOs and IPO Scams You don’t have to spend too much time around the stock market to discover that there’s something fishy about many stocks’ initial public offerings, (IPOs). The standing joke is that IPO really stands for “It’s Probably Overpriced”. While that may or may not be true in any given case, there are a large number of pitfalls awaiting the would-be IPO trader or investor. It’s a case of caveat emptor, and in order to be suitably wary you need to understand how an IPO
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Trai has never been consistent about how to price & allocate spectrum V RANGANATHAN, Former member, TRAI On January 10, 2008, the DoT sold licences with 2G spectrum at 2001 prices, realising about Rs 10,000 crore, ostensibly on a firstcome-first-served basis, but actually violating even this. There was a feeling that the government lost revenue, fortified by CAG that assigned a dramatic Rs 1.76 lakh crore number to it. Swan got the licence for Rs 1,347 crore, and sold 45% to Etisalat
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Following my findings, I have decided to use the following countries to source from: • India • Romania • China • Mauritius China China is the world’s largest textile and clothing manufacturer in the world. There are around 100,000 garment manufactures, which employ approximately 10 million workers. Its exporters are currently having to deal with the strain of higher wage costs, lower demands and fluctuations in raw material prices. Advantages Disadvantages • Largest manufacturer in the
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material benefits, i.e. to boost their sales. At times, what most papers give their readers is simply sensation-creating stuff. They publish stories about the private life of celebrities and obscene photographs. WHAT ARE THE NEGATIVE AND POSITIVE EFFECTS OF MEDIA ON SOCIETY? Power of the media can transform the whole society especially in the developing countries it can be used as a 'weapon of mass destruction'. But I think the most important use of media is to educate the people about the basic
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