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.
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.
Companies say the viability of 13,000 megawatts worth of projects, which have fixed power sale tariffs, hinge on the government decision.
Delay in approvals and bureaucratic stonewalling create hurdles; experts fear return of licence raj.
The court asked Idea to transfer all the licences of Spice back to DoT.
In a move to expand volumes in the third-generation (3G) technology data business, incumbent telecom operators, including Bharti Airtel, are coming up with various marketing plans to get better paying customers.
It recently began toll collection on the Hosur-Krishnagiri highway connecting Bangalore to Chennai, where the lanes have to be expanded from four to six.
India is a major driver for our global growth. And, we expect the country to play a larger role in our global operations in the future.
The company hopes to raise around Rs 300 crore (Rs 3 billion) through this route, in addition to Rs 200 crore (Rs 2 billion) it plans to raise through a rights issue.
Cricket seems to be the flavour of this season. So much so that when cricket buffs are not watching this sport on TV, they are playing it - on their mobile phones.
"Some of the tariffs (rates) at which agreements were signed in 2007 are unrealistic. If you compare those to PPAs signed in 2010, there is a difference of around 50p to Rs 1 (a unit). Companies are looking at the difference and a lot more are likely to try it (renege)," said a power sector analyst.
Essar will have to pay capital gains tax, as the company will be gaining from the deal.
While investors might be jittery, experts say proposals from companies looking to raise funds through PEs have not decreased.
India's leading private airport developers, GMR and GVK groups, are planning to bid for the modernisation of Ngurah Rai International Airport in Bali, Indonesia. Both are currently undertaking feasibility studies and preparing to participate in the tender process, sources said.
"The advent of 3G will give the same experience of gaming that one gets in a personal computer or a laptop. We expect to see an increase in games downloaded by at least by 100 per cent and as many as 60 3G-enabled games will be launched in the next few months," said Nitish Mittersain, CEO, Nazara Technologies.
Talks will begin later on the share purchase agreement, which will be done much later, after the negotiations are completed.
Telcos say tariffs could be cut by up to 20 per cent. While post-paid customers constitute only 5 per cent of the total customer base of 670 million, they make up over 15 per cent of revenues thanks to their relatively higher average revenue per user (Arpu).
The much-hyped target set by Union road transport and highways Minister Kamal Nath, to build 20 kilometres of roads every day, might be revised to a more achievable target, informed sources say. Sources close to the development say there is talk within the ministry of a more feasible target. "The target of 20 kilometres per day is not sacrosanct. That is what the minister wanted to achieve.
The plan of action ranges from drawdown of loans to seeking additional guarantees, to even recalling some of the loans, if the situation so warrants.
Millions of Indian households are setting up wireless networks not just for PCs, but for other WiFi enabled devices, too.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances