An interview with Tata Steel Managing Director B Muthuraman
The department of telecommunications has referred the issue of using multiple technologies under a single unified access services licence to the Telecom Regulatory Authority of India.
Initial fears of Internet access charges rising by 6-12 per cent following the Telecom Regulatory Authority of India recommendations to impose an annual licence fee for Internet Service Providers appear to be unfounded.
In a communication to L&T, the financial institutions on Thursday said they were withdrawing the nominations of Sinha and Deshmukh from the board with immediate effect.
The Larsen and Toubro employee stock option controversy is becoming a major face-off between the financial institutions and the construction major.
The telecom dream that India is living is not without blemish.
The judge orally observed that the obtaining of this kind of benefit by any such nominee-director raised an important question of morality and, equally, of law.
At a session with analysts last Monday, RComm chairman Anil Ambani said the Rs 10,000 crore (Rs 100 billion) investments would be used for network expansion.
IBM chairman, president & chief executive officer Samuel J Palmisano is scheduled to meet Reliance Communications chairman Anil Ambani
Financial institutions are facing a Herculean task in convincing their nominee directors not to exercise the employee stock options granted to them
The move opens a debate on the role of independent directors nominated by institutions.
Sources said the company would rope in private equity players in the next round of financing within a year. After reaching a particular scale, the company would also come out with an initial public offer, they added.
As they feel that the rupee may depreciate to 43.75 levels over the next six months.
The domestic business intelligence sector is fast outgrowing its infancy, thanks to an increase in mergers and acquisitions.
GTL has placed non-binding offers on five companies in the US and Europe and lined up acquisitions worth Rs 1,100 crore (Rs 11 billion) in the next two quarters.
Wipro is close to setting up an IT park in Nagpur and is believed to have acquired 117 acres of land at the new special economic zone in the city.
With the government considering a new Bill to make the Indian Institutes of Management answerable to Parliament, India Inc leaders say the time has now come to grant complete autonomy to these institutes.
Dispute over competing investments may carry on.
Reliance Communications will be investing around Rs 15,000 crore (Rs 150 billion) to set up and install an additional 15,000 base transceiver stations in the country.
In one of the biggest broadband projects in the country, the state-owned telecom behemoth Bharat Sanchar Nigam Ltd is planning to provide broadband connections to 110,000 schools in the country
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