Buss Etics Final

8/2/2019 Buss Etics Final

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2G SCAM STATUS: HOW IT CAN

BE HANDLED?

Presented By : Roll No

Gajanan Tandale 32

Deepti Tikekar 34

Sonal Yadav 36

Sagar Zawar 38

Supriya Amin 40


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http://nikhilsinghal27.files.wordpress.com/2011/09/5.jpg


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WHAT IS 2G??

Second-generation wireless telephonetechnology

Use digital signaling

Relatively new technology in the field of

mobile

Not just a network but a good technology


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ADVANTAGES

Increase sound quality by reducing static andlowering the noise

Lower power emissions

Batteries can be smaller

Require less battery power

SMS and email


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WHAT IS 2G SCAM??

Entire country is divided into 22 Telecom

Circles

For every Circle , a separate telecom

license is issued

Licenses with start-up spectrum (4.2 MHz)

were issued for mobile services


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WHAT IS 2G SCAM??

Gov. awarded 122 telecom licenses with 2Gspectrum in 2008

Rates were according to year 2001

Ignored current market value of the spectrum

As a Result Mobile subscriber base had shotup to 350 million in 2008 from 4 million in2001


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FACTS

Government of India Officials

Undercharging mobile telephony companies

Frequency allocation licenses

Cut-off date for applications advanced by a week

Licenses issued on a first-come-first-served basis

No proper auction process followed, no bids

invited


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FACTS

Ignored advice of TRAI, Law Ministry, FinanceMinistry , Finance Ministry

TRAI had recommended auctioning of spectrumat market rates.

Mobile subscriber base:

2001 : 4 million

2008 : 350 million

The private companies sold their equities toforeign telecom companies at a very high price


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PARTIES ACCUSED

Politicians

A K Raja

M K Kanimozhi

Corporate Personalities

Anil Ambani

Vinod Goenka

Venugopal Dhoot

Media Persons

Barkha Dutt

Vir Sanghvi


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COMPANIES INVOLVED

Unitech, Swan Telecom got licenses

without any prior telecom experience

Criteria ignorance

Loss estimated to be 176,645 crore

Unitech(sold 45% )

SWAN(sold 60%)

License price Rs.1537 crore Rs. 1661 crore

Sale of stake Rs.4200 crore Rs. 6200 crore.


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UNETHICAL ISSUES

Unofficial work for the sake of money

Low maintenance or a well centralized

Administration

Misuse of corporate ethics policies asmarketing instruments

Too much power in hands of very few

Wrong use of power for unethical work


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UNETHICAL ISSUES

No morality

Absence of fair competition

Ignored main aim of the Government : ServingPeople

Personal greed puts business ethics at stake

No Transparency

Amendment of rules and regulations


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STEPS TAKEN BY GOVERNMENT

Set up a special branch of CBI

Telecom Minister resigns his post

CBI arrested A Raja


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VIEWS

For Companies

Code of Conduct

Revaluation of business

Framing Special policies

Fair competition

Understanding Social Responsibilities


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VIEWS

For Government Strict laws and penalties

Public notices for taking actions against accused

Different regulatory authorities and policies

Separation of Duties

Collection of information for every collaborationwith foreign company

Documents

Buss Etics Final