This comes at a time when the country's total commercial energy requirement is expected to grow at 5-6 per cent to a massive 1,667 million tonne oil equivalent (Mtoe) required to achieve and sustain a 9 per cent gross domestic product growth rate in the next two decades, as per planning commission's projection.
PFC provides loan syndication, along with 18 other institutions, mostly banks and Life Insurance Corporation and Hudco, under the Power Lenders' Club.
With hopes of raising funds through an initial public offer (IPO) or selling a stake to a strategic investor fading due to stiff opposition from the unions, the government is working on a proposal for a private placement of shares for Bharat Sanchar Nigam Ltd (BSNL), India's fifth-largest telecom company,
Subscriber needs to pay Rs 19 for the service.
This move comes after the appointment of the company's new chairman and managing director Kuldip Singh.
After the failure of the Do-not-call registry, the Telecom Regulatory Authority of India now plans to try out Do-call registry to curb unnecessary telemarketing calls.
Sanjay Kapoor is the man handpicked by Sunil Mittal, the founder promoter of Bharti Enterprises, to get the next 100 million subscribers for the group's mobile telephony arm, Bharti Airtel. In the space of just a year, Kapoor has been promoted a second time.
DoT said SingTel was selling the full-circuit IPLC links to customers directly and also invoicing the customers in India without having a licence.
The Department of Telecommunications (DoT) seems to be in a state of confusion on deciding the number of slots of 3G spectrum to be auctioned. It is now in favour of auctioning only two blocks and immediately assigning the spectrum to the successful winners.
Just as many may not have written a letter in ages, an equally large population -- larger, in all probability -- may not have ever used email. Into this breach steps the Department of Posts (DoP), with 'ePost Corporate'.
Government's security concerns about Chinese equipment makers not a deterrent.
Just as many may not have written a letter in ages, an equally large population -- larger, in all probability -- may not have ever used email. Into this breach steps the Department of Posts, with 'ePost Corporate'.
State-run telecom major Bharat Sanchar Nigam Ltd (BSNL) says it expects to increase its visibility in the domestic and international markets, besides improving company performance, as a fallout of the proposed initial public offering (IPO) of equity.
Even as the Telecom Regulatory Authority of India has started investigating into the complaints of predatory pricing offered by some of the new operators, experts are divided over whether the current scenario actually resembles predatory pricing.
The government's initiative to set up a high-capacity power transmission link between India and Sri Lanka is likely to be completed by 2013.
The ongoing rate war in the mobile industry has led to an increase in multiple Subscriber Identification Modules (SIMs), which means a subscriber owns multiple connections to make full use of the various schemes and promotional offers.
Mobile telephone subscribers would have to wait a little longer to change their service provider without changing their numbers.
With the government's crackdown on Chinese handsets, Indian brands like Karbonn, Lava, Micromax and Movil have usurped the vacated space and increased their share of the market to 15 per cent.
Vodafone Group Plc Chief Executive Vittorio Colao today said the company could list its Indian arm and was open to acquisitions when opportunities are available in the country. The head of the world's largest mobile company in terms of revenues suggested changes in the regulatory regime for mergers and acquisitions.
Comviva (formerly Bharti Telesoft) is in talks with several telecom service providers, including group company Bharti Airtel, to launch a SIM (or Subscriber Identity Module) card that allows up to 10 users to share the same mobile phone with their own specific numbers.
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