Government on Tuesday decided to sell 10 per cent stake in India's largest profit making firm Oil and Natural Gas Corp and gas transmission monopoly Gail (India) Ltd.\n\n
Lauding the role of infotech professionals in changing the world's perception about India, IT and Communications Minister Arun Shourie on Friday said the software exports were expected to touch $11 billion this year.
The empowered group of ministers on Friday deferred a decision on the appointment of a financial consultant for privatisation and modernisation of Delhi and Mumbai airports.
Even as the ITSA has opposed appointment of MTNL's director finance as the corporation's new CMD alleging that serious complaints against him were pending investigation, Communications Minister Arun Shourie has dismissed the charges.
The prime minister was accompanied by three Union ministers C P Thakur, Bijoya Chakraborty and Ashok Pradhan.
Divestment Minister Arun Shourie will meet Law Minister Arun Jaitly in New Delhi on Thursday to consider options before the government and chalk out future strategy.
A bench headed by Justice Arun Mishra was informed by senior advocate Rajeev Dhavan, who was representing the petitioners, that they want to withdraw the plea as several petitions on the same issue are pending before the apex court and they don't want 'this to be entangled' with them.
Following the successful launch of mobile services in Jammu & Kashmir, the Centre said on Wednesday that it would expand cellular coverage in the north-eastern region within four months.
Emphasising on greater transparency at the World Trade Organisation, both India and China have said no last minute surprises should be sprung on negotiators.
Divestment Minister Arun Shourie will lead the Indian delegation to the two-day World Trade Organisation mini-ministerial in Montreal beginning on Monday, which would try to narrow down differences on contentious issues.
The government on Thursday said divestment in Nalco was not being pursued at the current juncture although it had earlier decided in 2001 to sell equity through domestic and overseas public offer and strategic sale.
Divestment Minister Arun Shourie informed the Lok Sabha on Wednesday that during April 1991 and March 2003, Rs 29,487 crore (Rs 294.87 billion) have been realised as divestment proceeds.
Union Divestment Minister Arun Shourie on Friday said the initial public offering to pare the government's stake in five companies - VSNL, Balco, IPCL, CMC and IBP would be done within the next six months.
The Union Cabinet on Thursday approved the amendment of the Telegraph Act giving statutory status to the Universal Service Obligation Fund.
The government is considering allowing intra-circle merger and acquisitions in the telecom sector, subject to the presence of minimum three service operators in a particular circle.
The department of information technology has constituted a group to study the Chinese infotech market and suggest ways and means to explore that market for Indian companies.\n\n\n\n
The Confederation of Indian Industry on Thursday relaunched its operations in China on a larger scale by opening its east Asia regional representative office in Shanghai, the commercial capital of the Communist nation.
Railway Minister Nitish Kumar has said that negotiations are on with the telecom ministry for equity participation of MTNL and BSNL in RailTel Corp to improve telecom services in the Railways.
Former Divestment Minister Arun Shourie on Thursday dared the government to hold an open enquiry into the sale of Hotel Juhu Centaur in Mumbai
A bench headed by Justice Arun Mishra, which on July 22, had issued show cause notice to Bhushan after initiating the criminal contempt against him for his two alleged derogatory tweets against the judiciary, had reserved the verdict on Wednesday.
The Union government has asked Mahanagar Telecom Nigam Ltd to explore opportunities that would enable the company to expand its presence and improve financial conditions.\n\n\n\n
Batra Hospitality Private Ltd broke no ground rules while disposing off its shareholding in Centaur Hotel Mumbai to Sahara Group, Lok Sabha was informed on Wednesday.
''No lobbyists will be able to influence us. If that happens, you can censure me for dereliction,'' he said.
The Supreme Court on Wednesday stayed the operation of sedition law, and ruled that all pending cases, appeals and proceedings with respect to charges framed for sedition should be kept in abeyance.
Even as basic and cellular operators have been unable to reach an agreement on the contentious limited mobility services, the two sides have now approached Communications Minister Arun Shourie for continuing dialogue on issues such as spectrum.\n\n\n\n
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