In talks with BSNL, MTNL to float a firm in which it will hold 49 per cent.
As part of it, the govt may permit 26% FDI in insurance broking through the automatic route.
DoT's data is based on inputs from the Telecom Regulatory Authority of India and service providers.
At the end of Dec, the government had Rs 47,273 crore in the USO fund, with annual accruals of about Rs 6,000 crore.
RBI proposes tax exemption on dividend payouts and credit for corporation tax paid in host country.
Looks at sovereign funds and Fortune 500 firms.
The Cellular Operators Association of India said it would not take any legal step on the issue, unlike what it had said earlier.
Over the past 18 months, the number of caller tune subscribers, each paying Rs 30 a month for the service, has fallen from 100 million to 55 million.
Government-owned and financially ailing AI has been dropping its economy class fares to the level of low-cost carriers.
Telcos likely to get to switch from 2,300-MHz band for 4G services.
Also being considered is Rs 50 lakh-1 cr taxable income bracket.
Decades of military rule kept the country closed to foreign investors.
The department of telecommunications, in the draft universal licence guidelines to be signed with telcos which recently won spectrum in the 1800 MHz auction of November, has included a new clause for foreign companies.
Three Indian companies registered with the Registrar of Companies use the same brand name.
Agenda for FIPB meeting on Jan 18 doesn't mention its application.
DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
Divestment in top PSUs could make the ETF as big as Rs 30,000 crore.
Masood Imad, media secretary to the Maldivian President, says: "We have asked MACL to hire a firm like KPMG to conduct a forensic audit of the firm's accounts.
Did GMR Infra get a sweet deal from former Maldivian president that turned sour as a new government came to power?
Action is hotting up in the telecom space, with Russian giant Sistema in preliminary discussions with Aircel to pick up an equity stake.
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