India Acquits Telecom Accused

The transcript discusses a court ruling that acquitted telecom companies, leading to the cancellation of 122 Airwave licenses in 2008. This event was a setback for Prime Minister Modi, who had used the telecom scandal as a key point against the Congress party, accusing them of corruption. The court criticized the prosecution for failing to prove charges, but an appeal is possible. The implications for corporates are minimal as most licenses were already canceled, and natural resources are now allocated through auctions, reducing government discretion.

How did Prime Minister Modi use the telecom scandal in his political campaigns?

What implications does the court's ruling have for the credibility of Modi's anti-corruption efforts?

What was the outcome of the court's decision regarding the telecom scandal?

What did the court say about the prosecution's ability to prove the charges?

What changes have occurred in the telecom sector regarding license allocation since the scandal?