New Delhi: The Delhi High Court (HC) today refused to direct the prime minister (PM) to take a decision on a complaint seeking his sanction to prosecute telecom minister A Raja for his alleged involvement in the second generation (2G) spectrum allocation scam, reports PTI.
The court dismissed the plea of Janata Party chief Subramanian Swamy seeking its direction to the PM to decide on granting sanction against his Cabinet colleague Mr Raja on a complaint pending before the Prime Minister's Office (PMO) for the last two years.
The court passed the order after the Centre contended that it was premature to take a decision on granting sanction against Mr Raja in view of the ongoing investigation by CBI in the 2G spectrum allocation scam.
"In our considered opinion when the matter is being investigated by the Central Bureau of Investigation (CBI) and it is in progress, it is not in fitness of things to pass any order," a bench headed by Chief Justice Dipak Misra said, adding "We are not inclined to interfere in the matter".
Mr Swamy pleaded before the court that an explanation from the PM be sought for not acting against Mr Raja in the matter.
He submitted that the prime minister should have decided on his application which was pending before him for the last two years.
"If he thinks that the material placed by me is worthless, then he should have rejected my application. But he cannot sit on my plea," he said.
Referring to a communication by PMO, Mr Swamy had submitted that the prime minister refused to decide on his complaint on the ground that the CBI has registered a case against some unknown persons in alleged 2G spectrum allocation irregularities and investigations were still going on.
"The government should explain why there is delay. The government should be compelled to say how long it will take to decide on the issue as Rs60,000 crore is involved in it," he had pleaded.
Banking sites see strong growth as more Indians turn to the web for their personal financial needs, the comScore Media Metrix data said.
Internet data tracking company comScore Inc said during June, about 19.7 million Internet users in India visited business or finance sites, representing a 45% increase from the previous year. This surge was attributed to a growing number of Indians, who turned to the web for business and finance-related content including online banking, trading and the latest news on financial markets, comScore said in a release.
"With half of India's online population visiting a business or finance-related site during the month, there is an opportunity to reach and engage financial consumers in a way that was not possible before. Financial companies must focus now on devising effective digital strategies to help attract and retain these important customers or risk losing them to their competitors," said Will Hodgman, executive vice president for the Asia-Pacific region, comScore.
In June, 19.7 million people aged 15 and older visited a business or finance site from a home or work location in India. Nearly all of the top 10 most visited business or finance sites witnessed double-digit traffic growth in the past year as more Indians turned to the web for financial information.
ICICI Bank led as the top business or finance site in India with 4.7 million visitors, an increase of 40% from the previous year. HDFC Group followed as the second most visited site an increase of 58% to 3.5 million visitors while the State Bank of India grabbed the third spot with 84% increase in number of visitors to nearly 3 million, comScore said.
Further analysis of the most-visited online banks revealed that the top three received a significant portion of site traffic from markets outside of India. ICICI Bank saw 12.3% of its traffic originate from other markets, with the US accounting for 5.4% of overall visitation to the site, the UK at 2.5% and Canada with 1.0%, leading as the three largest markets for visitation outside of India. HDFC Group received nearly 6% of its traffic from other markets with top three being the US at 1.5%, UK at 0.7% and Singapore at 0.3%. While State Bank of India received 6% of its traffic from other markets with the US at 2.3%, UK at 0.5% and Singapore at 0.3%.
Mr Hodgman said, "With the top banks attracting a significant number of visitors from countries outside of India, these visitors, most likely non-resident Indians, represent an important segment for banks to address when developing and executing their digital strategies."
On average, Internet users in India spent 53 minutes on business or finance sites in June 2010, consuming 92 pages of content and frequenting the category 6 times during the month. Of the top 10 most visited business or finance sites, visitors to MoneyControl.com displayed the strongest engagement, averaging more than one hour on the site during the month, visiting the site 5 times and consuming 57 pages of content. Visitors to Bombay Stock Exchange also exhibited strong engagement, averaging 42 minutes on the site during the month and consuming 97 pages of content. Among the major banks, ICICI Bank led with the largest amount of time spent per visitor at 26 minutes.
Males accounted for 72% of visitors to the Business/Finance category, driving 78% of total page views and 78% of total minutes spent at the category, with the highest skews among males age 25-34, comScore report said.
New Delhi: A Parliamentary committee looking into the controversial Nuclear Liability Bill today tabled its report in the Lok Sabha and the Rajya Sabha amid protests from the Left parties in the Upper House, reports PTI.
The report on the Bill, crucial for operationalisation of India's civil nuclear deals with various countries, was tabled amid din in the Rajya Sabha by committee chairman T Subbirami Reddy and in the Lok Sabha by a member Pradeep Tamta.
The Rajya Sabha witnessed protests from the left parties, whose members were on their feet when Mr Reddy rose to present the report.
Following uproar, Rajya Sabha was adjourned for the day and the Lok Sabha till 1400 hours.
The report was finalised after the government agreed to accommodate most of the concerns of opposition BJP including raising the compensation cap to Rs1500 crore from Rs500 crore.