Ajay Modi And Siddharth Zarabi

Stories by Ajay Modi And Siddharth Zarabi

Telecom firms face Rs 400 cr fine

Telecom firms face Rs 400 cr fine

Rediff.com   8 Jan 2007

The Telecom Commission is considering imposing fines of Rs 400 crore (Rs 4 billion) on seven telecom service providers for delay in commissioning of services. A note for this purpose was put up for consideration last month.

Policy soon on giant hydro power

Policy soon on giant hydro power

Rediff.com   8 Jan 2007

The government is mulling a policy for developing hydro-power capacity, under which projects, possibly of 2,000-3,000 Mw each, would be drawn up and offered to private and public sector developers.

Ruias to seek govt view on sale

Ruias to seek govt view on sale

Rediff.com   6 Jan 2007

The Ruias are contemplating approaching the Ministry of Company Affairs for its views on the Right of First Refusal (RoFR) clause in their shareholders' agreement with Hutchison Telecom International Ltd (HTIL).

Service tax rate may be raised to 14%

Service tax rate may be raised to 14%

Rediff.com   5 Jan 2007

At present, the service tax rate stands at 12 per cent. Added to this is a 2 per cent education cess, bringing the incidence to 12.24 per cent.

ITC-Marubeni to focus on China

ITC-Marubeni to focus on China

Rediff.com   4 Jan 2007

The recent tie-up between ITC and Japanese trading company Marubeni would focus on China, Vietnam and the Philippines apart from Japanese and the domestic market.

Cell firms hang up on SMS freebies

Cell firms hang up on SMS freebies

Rediff.com   26 Dec 2006

Discounted schemes withdrawn on days when load is heavy; Trai not happy.

Sonia, Manmohan not to attend WEF meet at Davos

Sonia, Manmohan not to attend WEF meet at Davos

Rediff.com   21 Dec 2006

Congress president Sonia Gandhi and Prime Minister Manmohan Singh will not be able to attend the annual World Economic Forum meeting to be held at Davos from January 24-28 next year.

Peak import duty at 10%

Peak import duty at 10%

Rediff.com   16 Dec 2006

This is the same level as the peak rate of the Association of South East Asian Nations.

Ethanol mixed petrol to cost OMCs dear

Ethanol mixed petrol to cost OMCs dear

Rediff.com   30 Nov 2006

Oil marketing companies together would have to make investments of a few hundred crores of rupees to create the facilities that would enable them to blend ethanol in petrol.

Bharti in talks with realty majors on retail

Bharti in talks with realty majors on retail

Rediff.com   30 Nov 2006

Having made public its tie-up for a retail venture, the Bharti-Wal-Mart combine is roping in leading realty majors like DLF, Emaar MGF, and Ansals for handling the massive real estate requirements of the project.

Did 2G spectrum go for a song?

Did 2G spectrum go for a song?

Rediff.com   27 Nov 2006

a scarce resource. By some estimates, spectrum worth Rs 7,690 crore (Rs 76.90 billion) has been given away for ''free'' for mobile licences.

Ministry for 10% ethanol blended petrol by Jun '07

Ministry for 10% ethanol blended petrol by Jun '07

Rediff.com   21 Nov 2006

While the 5 per cent ethanol blended petrol programme has missed three deadlines

Panel sees sharp cut in subsidies in 11th Plan

Panel sees sharp cut in subsidies in 11th Plan

Rediff.com   17 Nov 2006

The Planning Commission's projections for the 11th Five Year Plan,

Petro prices may be reviewed at year-end

Petro prices may be reviewed at year-end

Rediff.com   10 Nov 2006

Doped fuel gets rolling

Doped fuel gets rolling

Rediff.com   2 Nov 2006

Hero yet to okay new Honda arm

Hero yet to okay new Honda arm

Rediff.com   30 Oct 2006

Ministries to help boost broadband

Ministries to help boost broadband

Rediff.com   18 Oct 2006