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Idea to refund Rs 23.29 lakh to discriminatly charged customers

New Delhi, Mar 9 (UNI) Idea Cellular, an Aditya Birla Group company, will refund Rs 23.29 lakh to its 1.92 lakh subscribers here, following a notification issued by TRAI in its tariff scheme involving high charges for calling MTNL and BSNL networks.

The leading telecom operator has already refunded Rs 13.59 lakh and the balance has been deposited in a seperate ESCROW account, TRAI said.

A compliance report submitted by Idea to the regulator said the differential tarriff was withdrawn from October 2005.

The company has issued public notice conveying the process of refund.

The Telecom Regulatory Authority of India (TRAI) had disallowed discriminatory tarriffs by Idea Cellular and Hutch in November 2005.

It also issued a warning to Idea for the lapses and delay in complying with the intervention.

The authority viewed such classification as arbitrary and inconsistent with the provisions of Telecommunication Tariff Orders.

''Clause 10 of the Telecommunication Tariff Orders (TTO), 1999 provides that no service provider shall discriminate between subscribers of the same class and such classification of the subscribers shall not be arbitrary,'' it said.

UNI

Silver, gold decline further on bearish global advices

Mumbai, Mar 10 (UNI) Spot Silver and Gold today declined further on bearish global advices in the opening session, traders at the Bombay Bullion Association said. Following are the opening rates of Spot Silver and Gold: Silver (per kg).999 fineness grade: Rs 19,390, Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 9,370, Gold 99.9 purity pure Gold : Rs 9,420. UNI.....

Kinetic to line up seven models of scooter in Indian market

Mumbai, Mar 10 (UNI) Two-wheeler major Kinetic Motors today announced its plans to line up seven new models under the Italino series for the Indian market. Talking to UNI on the sidelines of inauguration of the company's dealership to Arco Motors here, Kinetic Motors vice president (sales and marketing) Ajinkya Firodia said the first model of the series has already been launched under the brand name 'Blaze' and at least three more models would be unveiled by the yearend. He.....

Silver, gold decline on poor industrial demand

Mumbai, Mar 10 (UNI) Silver and Gold declined further today on poor industrial demand in the closing session, traders at the Bombay Bullion Association said. Following are the closing rates of Silver and Gold: Silver (per kg) 999 fineness grade : Rs 19,385 (19,540), Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 9,355 (9,415), Gold 99.9 purity pure Gold : Rs 9,400 (9,460). UNI.....
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