The Gurgaon-based company, which is in negotiations with Chinese banks, expects to clinch the loans by September.
The department of telecommunications has finalised its proposal to use the UID numbers for issuing new connections and detailed guidelines, including the activation procedure, will be issued shortly.
"There has to be a transparent mechanism, where equal treatment is meted out to all. the 3G spectrum auction last year has shown that auction of spectrum is the best way forward," Pitroda said.
Soon, worry no more on having to buy boxes from elsewhere for sending domestic or international parcels through Indian post offices.
The Department of Telecommunications (DoT) will finalise its internal view on the Telecom Regulatory Authority of India (Trai's) recommendations, which was given in May last year, on mergers and acquisitions, spectrum allocation, spectrum sharing and other licencing aspects by the end of this month, a senior official from the department said.
A senior official from the department of telecommunications (DoT) confirmed that Telcordia has been given 'conditional clearance' by the ministry of home affairs and MNP will be launched on January 20.
"Kraft's acquisition of Cadbury is a global acquisition, where some value is attributable to India. This is different from Vodafone, where the transfer of a single share of the offshore company by Hutch resulted in the Indian business getting transferred to Vodafone," said Pranay Bhatia, associate partner at legal firm Economic Laws Practice.
Key proposals not feasible for BSNL, says telecom official.
"A lot of PE investors are interested in renewable energy and we are exploring PE investments for our wind energy initiatives," said Thomas John Muthoot, chairman and managing director.
Private equity company Actis is in talks with Isuzu Motors for exiting automobile company Swaraj Mazda. According to sources, though Actis has been looking to exit for quite sometime, the deal is stuck over difference in valuation.
According to data from the Telecom Regulatory Authoroty of India, the total number of GSM subscribers of RCom at the end of September was 41.2 million, while the CDMA base was 55.28 million.
The department of telecommunications (DoT) has pulled up mobile service providers for offering the National Anthem as a ringback tone.In a notice to all telecom service providers, the department said this was a breach of the Prevention of Insults to National Honour Act, 1971, and executive instructions relating to the anthem.
In the changed scenario of Indian private equity, where institutions and individuals are busy with fund raising, the fund houses are exploring untapped markets.
The ministry of home affairs has expressed its dissatisfaction over the BlackBerry email and web browsing interception solution offered by service providers saying that the mechanism was not user friendly.
The department of telecommunications (DoT) will soon start looking into the issue of ineligibility of recent licensees such as Unitech, Loop and Datacom, in the wake of the Comptroller and Auditor-General's scathing report. And, take action, if it thinks it is required.
The government plans to issue UID numbers to 600 million people by 2014.
BSNL had earlier cancelled its tender for 5.5 million GSM lines and called for bids again after revising the guidelines, following an amendment in the licence conditions for security purposes.
Communications Minister A Raja's promise to let people switch their mobile service operators while retaining their telephone number has got delayed once again - the deadline for the implementation of mobile number portability has been postponed from October 31 to December 20.
The staff cost for NTPC, the country's biggest power producer, is likely to go up by about 16 per cent as the company plans to spend about Rs 2,800 crore in the current financial year on its employee benefits and renumeration. It had spent Rs 2,400 crore in 2009-10.
Moving beyond selling application forms, the Department of Posts has started offering a complete package to agencies and companies for their recruitment process.
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