Surajeet Das Gupta And Urvi Malvania

Stories by Surajeet Das Gupta And Urvi Malvania

Cash & carry' firms may be allowed to break free

Cash & carry' firms may be allowed to break free

Rediff.com   14 Mar 2011

The cap of 25% on sales to group companies likely to be removed.

Why operators with minimal subscribers can exit

Why operators with minimal subscribers can exit

Rediff.com   11 Mar 2011

Telcos such as Loop, Etisalat and Videocon have done little to churn the subscriber base.

May stop vacation of spectrum, Antony warns FinMin

May stop vacation of spectrum, Antony warns FinMin

Rediff.com   2 Mar 2011

A memorandum of understanding between the defence and telecom ministries for vacation of spectrum was signed two years ago.

AI to float Rs 2,000-cr bond issue

AI to float Rs 2,000-cr bond issue

Rediff.com   2 Mar 2011

The plan includes expanding the number of flights of AI Express from 204 a week to over 250 a week with a new thrust on West Asia.

Maruti won't give up pole position easily

Maruti won't give up pole position easily

Rediff.com   24 Feb 2011

The Japanese giant will also consider increasing its capacity, which could mean a new plant or expansion of existing units, after its ongoing expansion to 500,000 vehicles is completed in phases.

Min makes a case for policy to widen FDI ambit

Min makes a case for policy to widen FDI ambit

Rediff.com   24 Feb 2011

The note recommends allowing FDI in domestic firms through the issue of partly-paid up shares and convertible warrants, but with certain riders.

BSNL-MTNL merger back on track

BSNL-MTNL merger back on track

Rediff.com   23 Feb 2011

The proposal gains significance because the merger plan was given a quiet burial under former telecom minister A Raja.

Mobile Congress focuses on 4G

Mobile Congress focuses on 4G

Rediff.com   17 Feb 2011

The conclave also focused on the need for more spectrum, a key issue for India.

'Google to become more personalised in future'

'Google to become more personalised in future'

Rediff.com   17 Feb 2011

Google will also use artificial intelligence to provide customers with more solutions.

Shut up & let 2G investigators do their job:Mittal

Shut up & let 2G investigators do their job:Mittal

Rediff.com   16 Feb 2011

In an interview at the GSMA conference in Barcelona on Tuesday, Mittal broke his silence on the scam and the very public spat between Tata Teleservices and Reliance Communications: "My plea is that the industry shut their mouths; zip up and let the various investigative agencies do their job," he said.

DIPP bats for FDI curbs in pharma

DIPP bats for FDI curbs in pharma

Rediff.com   9 Feb 2011

The commerce ministry has sought a review of foreign direct investment policy in the pharmaceutical sector, in the light of recent takeovers of domestic companies by multinationals.

FDI in tobacco marketing may be banned

FDI in tobacco marketing may be banned

Rediff.com   24 Jan 2011

Foreign cigarette companies could soon find it harder to sell their products in India. The government is looking into a proposal to ban foreign direct investment (FDI) in the wholesale marketing arms of these companies. It is also exploring the possibility of shifting the import of tobacco products from the open general licence (OGL) to the restricted list.

MNP leads to minimal churn, show data from Haryana

MNP leads to minimal churn, show data from Haryana

Rediff.com   7 Dec 2010

MNP allows a subscriber to change his or her service provider without changing the mobile number.

Setback in store for Cash & Carry firms

Setback in store for Cash & Carry firms

Rediff.com   6 Dec 2010

Key government departments have come to a consensus on the definition of a "group company" in the context of foreign direct investment (FDI) in the wholesale cash & carry trade. Under current policy, while 100 per cent FDI is permitted in wholesale trade, a cash & carry entity can sell only up to 25 per cent of its turnover to group companies.

'I am not even thinking of monetising telecom'

'I am not even thinking of monetising telecom'

Rediff.com   26 Nov 2010

For over a year Sanjay Chandra, managing director of the Unitech group, has been under a cloud for various reasons.

Number portability to trigger post-paid rate wars

Number portability to trigger post-paid rate wars

Rediff.com   24 Nov 2010

Telcos say tariffs could be cut by up to 20 per cent. While post-paid customers constitute only 5 per cent of the total customer base of 670 million, they make up over 15 per cent of revenues thanks to their relatively higher average revenue per user (Arpu).

Government mulls changes to FDI oversight

Government mulls changes to FDI oversight

Rediff.com   18 Nov 2010

A committee of secretaries will be meeting soon to consider a draft proposal, which suggests that decision-making on all policy issues pertaining to FDI be transferred from the Department of Industrial Policy & Promotion (DIPP) in the Ministry of Commerce to the Department of Economic Affairs (DEA) in the Ministry of Finance.

GE India to localise bulk of its domestic products

GE India to localise bulk of its domestic products

Rediff.com   16 Nov 2010

GE India is embarking on a major localisation drive under which 60-70 per cent of the products that it sells will be manufactured in the country in the next five years. At present, the localisation is about 10 to 20 per cent.

Air India seeks $2.3-billion ECBs to pare debt

Air India seeks $2.3-billion ECBs to pare debt

Rediff.com   8 Nov 2010

State-owned National Aviation Company of India Ltd (Nacil), which runs Air India, has approached the government to raise $2.3 billion through external commercial borrowings (ECBs) as part of a plan to restructure its high-cost working capital debt.

DoT says no to granting watchdog sharper teeth

DoT says no to granting watchdog sharper teeth

Rediff.com   1 Nov 2010

Regulator wants the power to fine errant telecom companies.