Tata Group Hits Back in Cellphone Probe

Ratan Tata, chairman of India’s biggest conglomerate, has been thrust into the public spotlight as controversy unfolds over the government’s distribution of mobile-phone spectrum to several companies in 2008.

A member of India’s Parliament said in a public letter this week that the cellphone unit of Tata Group—a $67.4 billion conglomerate led by Mr. Tata—was among several companies given spectrum at discount prices. The spectrum allocation cost Indian taxpayers billions of dollars in lost potential revenue, according to a government auditing agency that has criticized the process as favoring a few companies.
The lawmaker, Rajeev Chandrasekhar, an independent member of India’s upper house, said Tata Group was among several companies able to jump the queue to obtain spectrum when the selection process was expanded to include the wireless technology those companies use.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »