Halving the productivity-linked incentive will make its salary levels unattractive and put a heavier burden on junior staffers.
Eases regulatory hurdles for Bharti-MTN deal.
Airline losses have more to do with their business models than the price of aviation fuel.
MTNL will be one of the few big telecom companies in the world to allow competitors to offer their brand on its network.
Airline asks for Rs 7,000 cr; may get half subject to conditions.
The guidelines also point out that it is not advisable to form 50-50 JVs, since such a company is regarded as a private company and functions as such, even though the PSU is an equal shareholder. In many cases these entities are not accountable to Parliament or the state assembly.
A bitter battle between the finance ministry and the Department of Telecommunications over their jurisdiction might force the latter to withdraw its decision to waive licence fees for fixed-line service operators in rural areas.
DIPP seeks automatic approval, has Plan panel and DEA's support.
The Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce has called a meeting on July 10 to discuss the foreign direct investment (FDI) policy in the cigarette industry.
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