Flag Telecom was looking at divesting up to 20 per cent of its equity stake through an international convertible bond issue and raise over $200 million.
The telecommunications industry will seek a 10-year tax holiday and an additional depreciation of 15 per cent for telecom equipment in the forthcoming Union Budget for 2007-08.
At 42%, the average spend on handset as percentage of monthly salary in India is the world's highest.
Concerned over mobile signals crossing the international border, the department of telecom is planning to take action against telecom operators
Norm W K Lo loves Indian food and is fond of savouring daal and naan, that is whenever he is in the country. And for him getting close to the food he loves is not a far-fetched dream, as Lo's job mandates he travel to India at least twice every month
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances