News for '-regulatory-authority'

Abu Dhabi-Calicut AI Express plane's engine catches fire mid-air

Abu Dhabi-Calicut AI Express plane's engine catches fire mid-air

Rediff.com3 Feb 2023

The Boeing 737-800 aircraft had 184 passengers onboard and all are safe, an airline spokesperson said.

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Rediff.com4 Sep 2023

Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.

What is Schedule M and why it's mandatory for all pharma units

What is Schedule M and why it's mandatory for all pharma units

Rediff.com12 Jul 2023

With an eye on improving quality assurance in the wake of increased global scrutiny on Indian pharma products, the Centre on Tuesday said that Schedule M of the Drugs and Cosmetics Act, 1940 will be made compulsory for small and medium scale manufacturers in a phased manner. Union Health Minister Mansukh Mandaviya has asked micro-small and medium enterprises in pharma manufacturing to move towards good manufacturing practices (GMP) through self regulation. "This will help in quality assurance and also reduce compliance burden," Mandaviya.

Buyers Can Opt Out If Builder Fails On Commitments

Buyers Can Opt Out If Builder Fails On Commitments

Rediff.com27 Sep 2023

Section 19(4) of the RERA Act entitles allottees to a refund if the developer doesn't comply with the terms of the sale agreement.

Tips To Buy A House Through A Broker

Tips To Buy A House Through A Broker

Rediff.com10 Oct 2023

Try to assess whether the broker has good knowledge of the prices prevailing in the area you are interested in, and is able to provide the pros and cons of various projects.

Man urinates on female passenger onboard Air India flight

Man urinates on female passenger onboard Air India flight

Rediff.com4 Jan 2023

The Directorate General of Civil Aviation has sought a report of the incident from the airline.

Want To Buy A New Home? Read This

Want To Buy A New Home? Read This

Rediff.com20 Oct 2023

Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.

India probes four cough syrups after 66 Gambian children's deaths

India probes four cough syrups after 66 Gambian children's deaths

Rediff.com6 Oct 2022

India's drug regulator has initiated a probe and sought further details from the WHO after the global health body issued an alert that cough syrups manufactured by an Indian firm could potentially be linked to the death of children in Gambia.

Expert panel bats for Covovax as Covid booster jab for adults

Expert panel bats for Covovax as Covid booster jab for adults

Rediff.com12 Jan 2023

It has been approved by the European Medicines Agency for conditional marketing authorisation.

IDBI Bank bidders need to seek MHA nod

IDBI Bank bidders need to seek MHA nod

Rediff.com9 Oct 2022

In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the Ministry of Home Affairs (MHA) in the first stage of the bidding process. So far, in all instances of CPSE privatisation, the government would seek details regarding security clearance of the bidders at the second stage of the bidding process. This meant that bidders who qualified in the first or the Expression of Interest (EoI) round, were required to seek security clearance from the government while placing their financial bids.

Trai to update quality of service parameters soon; to meet telcos next month

Trai to update quality of service parameters soon; to meet telcos next month

Rediff.com6 Jul 2023

State-level reports every quarter for service quality and artificial intelligence-based solutions may be officially mandated as part of a set of more stringent, updated quality-of-service (QoS) norms by the Telecom Regulatory Authority of India (Trai) soon. The new norms will also factor in user experience for 5G networks, officials informed Business Standard. In February, Trai asked telecommunication (telecom) service providers (TSPs) to submit updates on measures taken to reduce call drops and lags and raise the quality of connection.

India's progress on digital inclusion stalled in 2022, says GSMA report

India's progress on digital inclusion stalled in 2022, says GSMA report

Rediff.com1 Jun 2023

Released on Wednesday, the report shows that 81 per cent of men and 72 per cent of women in India owned a mobile phone as of 2022, translating to a gender gap of 11 per cent. The numbers drop steeply in terms of mobile internet adoption. While 52 per cent of Indian men use mobile internet, women are way behind, with only 31 per cent of them accessing mobile internet, the report pointed out.

Solution To Real Estate Insolvencies Soon

Solution To Real Estate Insolvencies Soon

Rediff.com18 May 2023

'In real estate project insolvency, no one size can fit all.'

'Subrata Roy was arbitraging between India and Bharat'

'Subrata Roy was arbitraging between India and Bharat'

Rediff.com16 Nov 2023

'The India which was all about glamour and razzmatazz through which he could earn the trust of people of the other India, which was Bharat.'

Fix Call Drops, DoT Tells Airtel, Jio, Voda

Fix Call Drops, DoT Tells Airtel, Jio, Voda

Rediff.com6 Jan 2023

'At a time when massive strides are being made in bringing 5G technology to India, and with TSPs ramping up their infrastructure, it is unacceptable that a large number of complaints over quality issues continue to come in, even from major urban areas.'

Market turmoil leaves investors poorer by more than Rs 4.3 lakh crore

Market turmoil leaves investors poorer by more than Rs 4.3 lakh crore

Rediff.com13 Mar 2023

Domestic equity investors' wealth eroded by more than Rs 4.43 lakh crore on Monday as fears of a financial contagion triggered by one of the biggest bank failures in the US roiled market sentiments. After a strong opening, Indian stocks went into a tailspin with the benchmark 30-share BSE Sensex tumbling nearly 900 points to close at 58,237.85 points -- sliding for the third straight trading session. The NSE Nifty too declined 258.60 points to end at 17,154.30 points.

UP govt plans New Ayodhya project across 1400 acres

UP govt plans New Ayodhya project across 1400 acres

Rediff.com28 Mar 2023

The temple town is likely to witness a major jump in tourist inflow once flagship projects are commissioned. In the first six months of 2022, more than 20 million tourists visited Ayodhya.

Telecom service providers log in to AI filter to stop pesky calls: Trai

Telecom service providers log in to AI filter to stop pesky calls: Trai

Rediff.com3 May 2023

Telecom service providers (TSPs) have begun to monitor and prevent spam calls since May 1, with the help of an artificial intelligence and machine language-based system acting on the Telecom Regulatory Authority of India's (Trai) latest directive on the matter, its officials told Business Standard. Touted as the first big technological measure against the growing menace of unsolicited commercial communications, all TSPs have confirmed to Trai that they have rolled out the AI/ML tool. The filter system works on the distributed ledger technology (DLT) platform used by TSPs, and is set to go for incremental updates, rules for which will soon be released, they added.

How Jio plans to auction spectrum required by NGSO

How Jio plans to auction spectrum required by NGSO

Rediff.com14 Jun 2023

Reliance Jio has suggested an alternative plan to the The Telecom Regulatory Authority of India (Trai) under which spectrum required by non-geostationary orbit satellite (NGSO) operators to run their gateway terminals should be auctioned geographically, based on districts, rather than circles as done for mobile services. For spectrum which would be required to connect user terminals (like individual homes), Jio has suggested it should be auctioned frequency-wise and exclusively to an operator at a pan-India level. The move is significant as the auctioning of satellite space spectrum has been vehemently opposed by low earth orbit satellite operators (satellites which circle at low altitudes of 200-2000 km).

Dalmia Bharat to acquire cement assets of Jaypee

Dalmia Bharat to acquire cement assets of Jaypee

Rediff.com12 Dec 2022

Dalmia Bharat Ltd on Monday announced the acquisition of the cement assets of Jaypee Group's flagship company Jaiprakash Associates Ltd and its associate firms at an enterprise value of Rs 5,666 crore. In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement Bharat Limited (DCBL) has entered into a "binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Limited and its associate company." The deal includes a total cement capacity of 9.4 Million tones (MnT) per annum, along with clinker capacity of 6.7 MnT and thermal power plants of 280MW at an enterprise value of Rs 5,666 crore, it added.

IDBI Bank financial bids expected by June

IDBI Bank financial bids expected by June

Rediff.com6 Apr 2023

The government and Life Insurance Corporation's (LIC's) strategic stake sale in IDBI Bank is expected to move to the second stage by the first quarter of FY24, said two people in the know. They added that considering the progress of the ongoing deal, financial bids are expected to come in by June this year. The proposed IDBI Bank stake sale is divided into two sequential stages.

Jio slams Airtel for 'maligning' its tariff policy

Jio slams Airtel for 'maligning' its tariff policy

Rediff.com20 Apr 2023

Reliance Jio Infocomm (RJIL) has written to the Telecom Regulatory Authority of India (Trai) stating that a recent complaint against it by Bharti Airtel is a deliberate, malicious attempt at defaming RJIL's consumer-friendly tariff. RJIL has also asked the regulator to warn Airtel against 'making such frivolous complaints in the future'. The move is in response to Airtel recently requesting Trai to bring content aired through broadband under the regulatory fold and keep a check against discriminatory bundling tactics.

Alliance Air jet overshoots runway at Jabalpur airport

Alliance Air jet overshoots runway at Jabalpur airport

Rediff.com12 Mar 2022

None of the 55 passengers or five crew members was injured, they said, adding the DGCA has started an investigation.

Pakistan blocks Wikipedia over blasphemous content

Pakistan blocks Wikipedia over blasphemous content

Rediff.com4 Feb 2023

The blacklisting of Wikipedia comes days after the Pakistan Telecom Authority (PTA) degraded Wikipedia services for 48 hours, threatening to block it if the content deemed 'blasphemous' was not deleted.

Cryptos akin to 'a world of Caribbean pirates' in absence of regulation: CEA

Cryptos akin to 'a world of Caribbean pirates' in absence of regulation: CEA

Rediff.com9 Jun 2022

Chief Economic Adviser V Anantha Nageswaran on Thursday said cryptocurrencies are akin to 'a world of Caribbean pirates' in the absence of a centralised regulatory authority and are yet to pass the test of a fiat currency. He said that the government is pursuing a 'high-wire balancing act' to ensure that the gains in growth, inflation, and rupee stability of the last four years are not frittered away. He said the recent development in Terra-Luna cryptocurrency, which witnessed a massive meltdown last month, is a 'very important cautionary tale'.

Tech under work to detect pesky calls, messages

Tech under work to detect pesky calls, messages

Rediff.com28 Nov 2022

Telecom regulator Trai on Monday said that it is working on various technologies to detect pesky calls and messages along with a joint action plan with other regulators to curb financial frauds. The Telecom Regulatory Authority of India (Trai) said that Unsolicited Commercial Communication (UCC) or pesky communication is a major source of inconvenience to the public and impinges on the privacy of individuals. "Now complaints are reported against Unregistered Telemarketers (UTMs), where a surge has been seen in pushing various kinds of UCC SMSes. Additionally, UCC calls are also one of the concerns which need to be dealt with equally along with UCC SMSes," it said.

Mobile user base dips for 2nd straight month, shrinks by 1.82 million

Mobile user base dips for 2nd straight month, shrinks by 1.82 million

Rediff.com20 Dec 2022

The fall represented the second straight month of decline in subscribers. Users in the segment had reduced by 3.66 million in September, shrinking for the first time in seven months.

SC asks Kejriwal, LG to rise above 'political bickering'

SC asks Kejriwal, LG to rise above 'political bickering'

Rediff.com17 Jul 2023

The Supreme Court on Monday asked Delhi Chief Minister Arvind Kejriwal and Lieutenant Governor V K Saxena to rise above 'political bickering' and discuss who could head the national capital's power regulator Delhi Electricity Regulatory Commission (DERC), saying the two constitutional functionaries should get down to 'serious work of governance' away from glare of publicity.

Unions claim shortage of pilots at Air India

Unions claim shortage of pilots at Air India

Rediff.com15 Dec 2022

Two pilot unions at Air India have claimed that there is a shortage of pilots to operate the airline's long-haul and ultra-long haul flights. The concerns raised by the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) also come against the backdrop of the Tatas-owned airline recently cancelling and rescheduling certain flights to and from the North American region due to crew shortage. In a joint letter written to Air India's chief human resources officer Suresh Dutt Tripathi on December 13, the unions said, "...we cannot maintain the printed planned roster due to a shortage of pilots, as CMS (crew management system) does not have standby pilots."

Want To Buy A Home? Read This Please!

Want To Buy A Home? Read This Please!

Rediff.com12 Jun 2023

Prospective buyers must make a well-considered decision regarding whether this is the right time to buy a house, particularly with home loan rates at near-peak levels, and the risk of job losses looming in many sectors.

Cong sticks to JPC demand, BJP objects to attack on PM

Cong sticks to JPC demand, BJP objects to attack on PM

Rediff.com8 Feb 2023

During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.

1st in 7 months: Number of mobile subscribers falls

1st in 7 months: Number of mobile subscribers falls

Rediff.com23 Nov 2022

The number of mobile phone subscribers in India decreased by 3.66 million in September to 1.17 billion, representing the first fall in seven months, according to the latest data released by the Telecom Regulatory Authority of India (Trai). The number of subscribers had last fallen by 3.7 million back in February. In recent months, it rose by 1.08 million in August, 0.64 million in July, and 1.89 million in June.

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Rediff.com28 Apr 2023

Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.

Bharti Airtel hikes entry-level plan in 7 circles to shore up Arpu

Bharti Airtel hikes entry-level plan in 7 circles to shore up Arpu

Rediff.com25 Jan 2023

Bharti Airtel on Tuesday announced that it has scrapped the minimum recharge plan of Rs 99 in seven circles -- Andhra Pradesh, Bihar, Himachal Pradesh, Karnataka, Northeast, Rajasthan, and Uttar Pradesh (West). In these circles, the price of the entry-level plan now would be Rs 155. This 57 per cent increase in Airtel's entry-level plan comes two months after the telco discontinued the Rs 99 plan in Haryana and Odisha in November last year.

Quiet Doesn't Flow The Cauvery

Quiet Doesn't Flow The Cauvery

Rediff.com18 Sep 2023

Today, with the Lok Sabha polls only months away, any inter-state dispute over the Cauvery water dispute has the potential to take more political turns than otherwise, predicts N Sathiya Moorthy.

FPIs seek six more months from FinMin to comply with PMLA tweaks

FPIs seek six more months from FinMin to comply with PMLA tweaks

Rediff.com15 Mar 2023

Foreign portfolio investors (FPIs) are likely to seek from the finance ministry a six-month extension of the date for complying with the amendments to the Prevention of Money-Laundering Act (PMLA), citing implementation challenges. Sources said FPIs, through their custodians, were planning to approach the ministry, highlighting key concerns and seeking more clarification. The ministry, through a notification on March 7, lowered the threshold for reporting ultimate beneficial ownership (UBO) for non-profit organisations and politically exposed persons to 10 per cent from 25 per cent.

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman

Rediff.com29 Nov 2022

The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.

Why India's Internet Growth Has Stalled

Why India's Internet Growth Has Stalled

Rediff.com11 Jan 2023

In the quarter ending June 2022, the growth of Internet subscribers was less than one per cent of all of 2021.

Bharat Biotech completes phase-III trials for nasal Covid vaccine

Bharat Biotech completes phase-III trials for nasal Covid vaccine

Rediff.com15 Aug 2022

The company said it had conducted two separate trials for its intranasal Covid vaccine, one as a primary dose schedule and another as a booster dose, for subjects who have been double vaccinated with the two commonly administered Covid vaccines in India.

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Rediff.com13 Feb 2023

The Centre has no objection to a proposal for setting up a panel of domain experts to look into strengthening the regulatory mechanisms for the stock market, the Supreme Court was told on Monday while it was hearing pleas relating to the Adani stocks rout after the Hindenburg report.