The heightened activity on permissions to power and mining projects, which had been stuck for long, coincides with the run-up to a likely reshuffle of the council of ministers this month.
The average revenue per user (ARPU) of the country's four new GSM operators who got licences in 2008 - Uninor, S-Tel, Videocon and Etisalat DB - was between Rs 8.50 and Rs 39 in the January-March quarter.
The move will require a one-time payment of Rs 4,000-5,000 crore (Rs 40-50 billion), for which DoT would give financial support, a senior official from the latter told Business Standard.
The project, estimated to cost Rs 2,500-3,000 crore, is to be jointly implemented with the Ceylon Electricity Board, the largest power company of Sri Lanka.
With job markets opening up and companies looking for more experienced hands, head-hunters are back.
The telecom PSU plans to get back in black in two years; BSNL too has started discussions to lease out its towers.
The rules will come into effect from May 1, 2012.
The idea is to reduce capital investments and improve profitability.
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.
Credited as the the man behind India's burgeoning BPO industry, Bhasin founded Genpact in 1997.
Bharat Sanchar Nigam Ltd has started talks on synergising operations with Mahanagar Telephone Nigam Ltd, which offers telecom services in Delhi and Mumbai.
The moratorium imposed on Bt brinjal last year is likely to continue, despite the expert committee, set up by the environment ministry, favouring "limited release" of the crop.
RGPPL has signed a power purchase agreement with the government of Daman and Diu for selling about 98 Mw of power from July.
Scheme likely to come into force by June or July this year; both PSUs have been losing revenues and market share.
A ministry official said just like an internal financial audit, a green audit would protect stakeholders.
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.
Growth in Continental Europe will continue. It is expected to grow at around 7 per cent.
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
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