Editorial articles

Editorial – August 2018

In our continuing coverage of e-commerce companies, we bring to you the latest developments in this domain. The two leaders in the field – Amazon & Flipkart – are in massive violations of FDI Rules notified as PN3/2016. A PIL praying for investigations into the practices of these companies was filed in the Delhi High

Editorial – July 2018

BSNL CMD Anupam Shrivastava has been sponging off another state-owned company for the travel and tour expenses of his wife, Tripti Shrivastava and son Mohit Shrivastava. This issue brings to our readers bills that have been uncleared for these two members of the Shrivastava family since 2014. The amount is in lakhs and owed to

Editorial – June 2018

Bharti Infratel and Indus Towers Ltd are to merge. Bharti Infratel has a 42 pc stake in Indus Towers. Indus had very modest issued share capital of less than Rs 12 lakh when it pledged assets and raised loans and financial assistance to the tune of Rs 9,450 crore. This happened in 2013 and Indus

Editorial – May 2018

Under the garb of implementing the GST regime, BSNL’s top management has sent a proposal for the “information and further necessary instructions” of the DoT under which it intends to amend the purchase orders issued in 2014, in a manner that would mean passing on over Rs 1,000 crore illegitimate favour to seven contractors of

Editorial – April 2018

The Press Note 3 of 2016 (PN3), part of the consolidated FDI policy of India in August 2017, struck a fine balance between e-commerce infrastructure creation and the interests of large number of MSMEs and small retailers. The framework for this was five key principles. First, FDI was allowed only in marketplace and not inventory

Editorial – March 2018

COAI has intensified its slur and defamation campaign against Trai following the regulator’s issuance of the 63rd Amendment to the Telecom Tariff Order on Feb 16, 2018 that protects consumer interests. The latest amendment requiring disclosures of tariff plans and discounts on TSPs’ website for acquiring new customers or retaining old ones, is a disclosure

Editorial – February 2018

This issue’s coverage of Amazon and Paytm is Part 2 in our E-com series. Through statistical output, diagrams and explanatory we highlight the tax avoidance conduct of these companies and in the case of Amazon, a reckless breach of FDI regulations governing inventory and the marketplace. First, let’s look at the FDI regulations in India

Editorial – January 2018

In our series on e-commerce companies and how they ensure that they pay the lowest taxes, we focus on Flipkart in this issue. Flipkart does what all tax avoiders all over the world do, hiding behind a complex web of companies. This is not illegal by itself, but jurisdictions globally are going after such practices.

Editorial – December 2017

DoT has passed on huge benefits to Sunil Bharti Mittal on account of Tikona. Bharti’s acquisition of Tikona, a BWA (4G) operator, has many layers of irregularities and its loss impact for the government is to the tune of Rs 320 crore. Auctions for 3G and BWA were conducted in May 2010. Conditions and auction

Editorial – November 2017

Since long, Trai has been fixing the international termination call (ITC) charges at much higher level than its cost. But, it never ensured that its benefit is passed on to the domestic consumers in the form of lower domestic termination charges (DTC) for domestic calls. Presently, ITC is charged at 53 paisa per minute while

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