Five telcos understated revenues by â¹14,800 crore: CAG
A CAG report has said that Tata Teleservices, Telenor, and Videocon are among five telecom firms which have understated revenues by over â¹14,800 crore for the period up to 2014-15. This resulted in a shortfall of nearly â¹2,578 crore to the exchequer, the CAG added. Of these, the biggest defaulter is Tata, with a total short payment of â¹1,893.6 crore.