Indian court acquits all accused in 2G telecoms caseNEW DELHI (Reuters) - An Indian court on Thursday acquitted a former telecoms minister, politicians and business executives of graft and money laundering charges in the grant of telecoms licenses due to lack of evidence in one of the country s biggest corruption scandals. The case relates to alleged below-market-price sale of lucrative telecoms permits bundled with airwaves in 2008, which a federal auditor said may have cost the government as much as $28 billion in lost revenue. A special court convened by the federal investigator was called to give its verdict on the accused, including former telecoms minister A. Raja.  The prosecution has miserably failed to prove its charge,  defense lawyer Vijay Aggarwal told reporters, citing the judge s ruling. Shares of companies affected by the case rose after the verdict, with Reliance Communications Ltd gaining as much as 13.3 percent, DB Realty jumping nearly 20 percent and SUN TV Networks Ltd rising as much as 6.8 percent. The scandal dented the fortunes of then Prime Minister Manmohan Singh and his government, which oversaw the sale of the licenses at below-market prices, and triggered street protests. It was one of the several scandals that emerged during Singh s second term, hobbling policymaking and diverting the government s attention away from pushing forward crucial economic reforms. The uncertainty hurt business sentiment in Asia s third-biggest economy, and led to questions about the government s efforts to crack down on corruption. In 2012, the Supreme Court ordered 122 licenses held by eight operators to be revoked, declaring the licenses illegal and the process  wholly arbitrary, capricious and contrary to public interest . worldnews
indian court acquire accused telecoms caselaw delhi reuters an indian court thursday acquitted former telecoms minister politicians business executives graft money laundering charges grant telecoms licenses due lack evidence one country biggest corruption scandals the case relates alleged sale lucrative telecoms permits bundled airwaves federal auditor said may cost government much billion lost revenue a special court convened federal investigator called give verdict accused including former telecoms minister raja the prosecution miserably failed prove charge defense lawyer vijay aggarwal told reporters citing judge ruling shares companies affected case rose verdict reliance communications ltd gaining much percent db realty jumping nearly percent sun tv networks ltd rising much percent the scandal denied fortunes prime minister manmohan singh government oversaw sale licenses prices triggered street protests it one several scandals emerged singh second term lobbying policymaking diverting government attention away pushing forward crucial economic reforms the uncertainty hurt business sentiment asia economy led questions government efforts crack corruption in supreme court ordered licenses held eight operators revoked declaring licenses illegal process wholly arbitrary capricious contrary public interest worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Indian court acquits all accused in 2G telecoms caseNEW DELHI (Reuters) - An Indian court on Thursday acquitted a former telecoms minister, politicians and business executives of graft and money laundering charges in the grant of telecoms licenses due to lack of evidence in one of the country s biggest corruption scandals. The case relates to alleged below-market-price sale of lucrative telecoms permits bundled with airwaves in 2008, which a federal auditor said may have cost the government as much as $28 billion in lost revenue. A special court convened by the federal investigator was called to give its verdict on the accused, including former telecoms minister A. Raja.  The prosecution has miserably failed to prove its charge,  defense lawyer Vijay Aggarwal told reporters, citing the judge s ruling. Shares of companies affected by the case rose after the verdict, with Reliance Communications Ltd gaining as much as 13.3 percent, DB Realty jumping nearly 20 percent and SUN TV Networks Ltd rising as much as 6.8 percent. The scandal dented the fortunes of then Prime Minister Manmohan Singh and his government, which oversaw the sale of the licenses at below-market prices, and triggered street protests. It was one of the several scandals that emerged during Singh s second term, hobbling policymaking and diverting the government s attention away from pushing forward crucial economic reforms. The uncertainty hurt business sentiment in Asia s third-biggest economy, and led to questions about the government s efforts to crack down on corruption. In 2012, the Supreme Court ordered 122 licenses held by eight operators to be revoked, declaring the licenses illegal and the process  wholly arbitrary, capricious and contrary to public interest . worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: indian court acquire accused telecoms caselaw delhi reuters an indian court thursday acquitted former telecoms minister politicians business executives graft money laundering charges grant telecoms licenses due lack evidence one country biggest corruption scandals the case relates alleged sale lucrative telecoms permits bundled airwaves federal auditor said may cost government much billion lost revenue a special court convened federal investigator called give verdict accused including former telecoms minister raja the prosecution miserably failed prove charge defense lawyer vijay aggarwal told reporters citing judge ruling shares companies affected case rose verdict reliance communications ltd gaining much percent db realty jumping nearly percent sun tv networks ltd rising much percent the scandal denied fortunes prime minister manmohan singh government oversaw sale licenses prices triggered street protests it one several scandals emerged singh second term lobbying policymaking diverting government attention away pushing forward crucial economic reforms the uncertainty hurt business sentiment asia economy led questions government efforts crack corruption in supreme court ordered licenses held eight operators revoked declaring licenses illegal process wholly arbitrary capricious contrary public interest worldnews