Internet shutdowns cost India $3 billion from 2012-2017: Rajan Mathews

Mathews, an industry veteran, has worked in the Indian and US telecom sector in operations, business development and human resources over his 41-year-long career

Current Affairs:A Delhi court on Thursday allowed time till May 4 to the CBI and ED to finish test in the Aircel-Maxis matter against previous Union Minister P Chidambaram and his child Karti.

The Enforcement Directorate revealed to Special Judge Ajay Kumar Kuhar that Letters Rogatory (LRs) have been sent to four nations and their reaction were anticipated regarding the case.

LR is given by courts on the solicitation of an examination office when it needs data from another nation.

The court had on January 28 “restored” the Aircel-Maxis cases recorded by the Central Bureau of Investigation and the Enforcement Directorate against Chidambaram and his child that were prior deferred ‘sine bite the dust’.

The case was dismissed ‘sine kick the bucket’ – without fixing any date for hearing – on September 5 a year ago with the court taking note of that the two test offices were looking for “many suspensions”.

The test offices were examining how Karti Chidambaram got leeway from the Foreign Investment Promotion Board (FIPB) for the Aircel-Maxis bargain in 2006 when his dad was the Union money serve.

The CBI and the ED had affirmed that P Chidambaram, as fund serve during the United Progressive Alliance rule, conceded endorsement to the arrangement past his ability profiting certain people, and got kickbacks.

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