Airtel, Vodafone, Reliance and others given notice by Government for under reporting revenue

Navjot Singh

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Government has issued show cause notices to leading telecom companies--Airtel, Vodafone, Idea, Aircel, Reliance Communications and Tata Teleservices-- for under reporting their revenue while companies have refuted the charges, the Parliament was informed today.

"During scrutiny of the documents submitted by licensees (telecom operators), Department of Telecom has noticed that the records submitted by some private telecom companies give indication of under reporting of revenues," Telecom Minister Ravi Shankar Prasad said in Lok Sabha.

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What about oil companies? All of them are profitable!
 
Actually there is already a report from CAG on the same confirming the huge profits. Would search for it when on computer.
 



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