Retailers need to get up to 50 permissions from a state government before they can start a new store. And, the permissions required include things like valet parking, use of insecticides, chillers and freezers or sale of non-vegetarian processed food.
The joint letter to Manmohan Singh was written by Sunil Mittal, chairman of Bharti Airtel, Kumar Mangalam Birla, chairman of the Aditya Birla group which has promoted Idea Cellular, and Vittoria Colao, chairman of Vodafone Group Plc.
The country's most expensive phone, iPhone 4S, was launched at midnight. The handset had already seen many enquiries from eager customers, both at retail electronics stores, as well as mobile operators. However, none are raising their hopes just yet.
The country's largest car maker has come under the spotlight for working out a quiet settlement with union leader Sonu Gujjar and other workers by paying them Rs 16 lakh (Rs 1.6 million) each, much more than they would have got under a normal severance package or voluntary retirement scheme.
DoT has stated in an internal note that the 3G roaming agreements between these three companies are tantamount to their becoming mobile virtual network operators, something not allowed under the current policy.
Bharti Airtel, which acquired the African operations of Zain Telecommunications last year, had a net debt of $13.4 billion at the end of the first quarter of the current financial year.
British consumer goods major Reckitt Benckiser, which bought over local start-up Paras Pharmaceuticals for a staggering Rs 3,260 crore (Rs 32.6 billion) last year, is converting its acquired Baddi plant in Himachal Pradesh into a global hub for manufacturing over-the-counter (OTC) pharmaceutical products.
Airports authority demands Leela fork out 7.5% of gross turnover of Mumbai hotel as royalty.
Callers trying to sell insurance, SMSs offering cures for bald patches, cheap holiday packages and education consultants could be a thing of the past, after stricter tele-marketing norms come into effect from September 28.
In a scenario where we have power purchase agreements and the SEBs are in financial strife, we would always get supported, as our cost of generation is lower than most other plants.
India had threatened to stop Swiss, which, as the designated airline of that country, 'violated' a vital clause called the substantial ownership and effective control, mandated under the bilateral air services agreement between the two countries.
The new telecom policy-2011 is also expected to come out with new norms for mergers and acquisitions, enhancing rural coverage, and spectrum allocation, among other things.
This means the regulator can bring rates under regulation once again. Currently, the rates are determined by market forces.
Reliance Communications has launched a seven-inch tablet at Rs 13,000 per piece and Bharti Airtel's Beetel at Rs 8,000 a piece.
New policy to give greater flexibility to foreign players.
ITC operates only in the sugar confectionery arena, which limits its size of business.
Considers bidding for Barcelona, Madrid airports; may rope in local partner.
Emerging consensus is that all state capitals be covered.
The Department of Telecommunications (DoT) has proposed to simplify the country's telecom landscape. It has suggested one tariff for each licence holder across the country, all-India mobile number portability and doing away with roaming charges.
Companies say the viability of 13,000 megawatts worth of projects, which have fixed power sale tariffs, hinge on the government decision.
