Prime Minister Manmohan Singh: Government

Cellphone Dept: The verdict will likely disrupt the country s massive cellphone market and is a further embarrassment for the scandal-riddled government of Prime Minister Manmohan Singh, according to The Star. The court ruled that the 122 licenses granted in that deal be scrapped and that a fresh auction for licenses be held in the next four months and nEW DELHI India s top court ordered the government on Thursday to cancel 122 cellphone licenses granted to companies during an irregular sale of spectrum that has been branded one of the largest scandals in India s history. The 2008 sale of second generation, or 2G, cellphone spectrum at cut-rate prices in a bewildering first-come, first-served process netted the government only 124 billion rupees $2.5 billion CDN . Government auditors said the sale might have cost the treasury as much as $36 billion in potential revenue. (www.immigrantscanada.com). As reported in the news.