The broad idea was endorsed by the DoT's internal panel in its report on the Telecom Regulatory Authority of India's recommendations last year on spectrum management and other licensing issues.
The average revenue per user (ARPU) of the country's four new GSM operators who got licences in 2008 - Uninor, S-Tel, Videocon and Etisalat DB - was between Rs 8.50 and Rs 39 in the January-March quarter.
The move will require a one-time payment of Rs 4,000-5,000 crore (Rs 40-50 billion), for which DoT would give financial support, a senior official from the latter told Business Standard.
The project, estimated to cost Rs 2,500-3,000 crore, is to be jointly implemented with the Ceylon Electricity Board, the largest power company of Sri Lanka.
It was a year ago that Nielsen had suspended services to the analyst community following an uproar by companies over inaccurate reporting of market share data.
The telecom PSU plans to get back in black in two years; BSNL too has started discussions to lease out its towers.
The idea is to reduce capital investments and improve profitability.
Devise new strategy to take on competition from multinational brands.
The interested companies include Emami and Dabur.
The scheme will be offered to 15,000 employees, or one-third of the workforce, in the current financial year.
The turnaround has been possible due to availability of domestic gas on priority.
Small independent agencies in India are slowly but steadily making inroads into large advertiser accounts held by industry majors.
Bharat Sanchar Nigam Ltd has started talks on synergising operations with Mahanagar Telephone Nigam Ltd, which offers telecom services in Delhi and Mumbai.
RGPPL has signed a power purchase agreement with the government of Daman and Diu for selling about 98 Mw of power from July.
Scheme likely to come into force by June or July this year; both PSUs have been losing revenues and market share.
Department of telecommunications has set up a committee to look into the issue of escalating cost for the project.
Japanese firm to retain Camlin, Camel brands.
Morel, who was in India recently, spoke to Viveat Susan Pinto and Priyanka Singh.
The vacation of additional 2G and 3G spectrum may generate additional revenue of about Rs 80,000 crore (Rs 800 billion) on the basis of prices according to spectrum auctioned last year, DoT said in a note for the empowered group of ministers.
At the moment, it has only personal computer monitors in its portfolio.
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