The department is planning a complete overhaul of the archaic Indian Telegraph Act.
The telecom PSU plans to get back in black in two years; BSNL too has started discussions to lease out its towers.
The idea is to reduce capital investments and improve profitability.
'It can be used to build three-wheelers, vans, too'
Group to enter education, invest `100 cr to begin with.
The scheme will be offered to 15,000 employees, or one-third of the workforce, in the current financial year.
The turnaround has been possible due to availability of domestic gas on priority.
Bharat Sanchar Nigam Ltd has started talks on synergising operations with Mahanagar Telephone Nigam Ltd, which offers telecom services in Delhi and Mumbai.
RGPPL has signed a power purchase agreement with the government of Daman and Diu for selling about 98 Mw of power from July.
Will operate in all airports except those in Hyderabad, Bangalore and Delhi
Scheme likely to come into force by June or July this year; both PSUs have been losing revenues and market share.
AIR India's turnaround plan, which has been reviewed by consulting firm Deloitte and accepted by the airline's board, says the company will start making operating profit from this financial year itself. Air India has been running under losses since 2007.
Department of telecommunications has set up a committee to look into the issue of escalating cost for the project.
The vacation of additional 2G and 3G spectrum may generate additional revenue of about Rs 80,000 crore (Rs 800 billion) on the basis of prices according to spectrum auctioned last year, DoT said in a note for the empowered group of ministers.
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
A decision on the merger will take some time as there are procedural problems with MTNL being a listed entity and BSNL non-listed.
Started in 1857, Alstom is one of the grand old companies of Europe.
This has happened despite an increase in peak demand of power.
BSNL has been among the top three net losers in terms of subscribers. MTNL, which operates in only the Delhi and Mumbai circles, has lost, too.
Kapil Sibal, telecom minister, said many companies borrowed heavily to pay for 3G licences late last year. These companies were now facing difficulty in raising resources for the business, upsetting the calculations they had made while bidding aggressively for the licences, he said.
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