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RIL cautions NTPC on commenting on sub-judice matters
Reliance Industries (RIL) has cautioned that NTPC should not make comments on matters sub-judice lest they are construed as attempt to influence the outcome of its court case seeking natural gas at price committed in 2004.

FinMin sets up body to review portfolio investment policies
To encourage foreign portfolio investment, the Finance Ministry has set up a working group for suggesting changes in the existing policy on foreign capital inflows by FIIs, NRIs and venture capital funds.

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Ticket-seeking for Jharkhand
While ticket distribution for Jharkhand elections was on, hundreds of aspirants thronged the Congress headquarters. The Congress managers, desperate to avoid this crowd, met at various undisclosed locations. But this could not save all the leaders. One day, K Kesava Rao, the general secretary in charge of Jharkhand, came to his office at 24, Akbar Road, to take some documents when an irate crowd gheraoed him. Rao was almost physically assaulted amid a heated exchange of words as the aspirants accused him of taking bribes. Congress workers in the office had to rush in to rescue Rao.
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TTSL, RCom, others owe Rs 603 cr; Airtel pays highest revenue

Tata Teleservices, Reliance Communications and other private mobile telecom operators owe over Rs 603 crore to the government towards outstanding spectrum charges and licence fee for the last three years. - Markets end flat - 6 of top 10 cos add Rs 24k cr in m-cap; Airtel biggest gainer - 17,370 critical for upside - Vodafone looks to list Indian arm - 3G spectrum auction on schedule: Raja - Bharti Airtel rises 3.4% Bharti Airtel paid the highest revenue, both in terms of spectrum charges as well as licence fee, to the government in the last three years. "TTSL is at top with Rs 351.64 crore outstanding spectrum charges followed by RCom with Rs 118.09 crore as spectrum charges and Rs 48.55 crore towards licence fee outstanding," Minister of State for Telecom Gurudas Kamat said in a written reply in the Lok Sabha. In all, nine private telecom companies are in the list with amounts outstandings against them. Bharti Airtel is at the top in terms of revenues earned by the government during last three years with the company paying Rs 1,355.14 crore as spectrum charges in 2008-09 out of total revenues of Rs 2,927 crore from all operators. Airtel has also an outstanding amount of Rs 56.31 crore. In a market of nearly 500 million mobile subscribers, Airtel continues to be the market leader with over 110 million users, maintaining a market share of about 25 per cent.


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