The Supreme Court on Monday refrained from passing any order on a PIL filed against Telecom Minister Kapil Sibal accusing him of reducing a penalty amount favouring Anil Ambani-headed Reliance Communications, saying persons aggrieved can avail remedy under the law.
The corporate honchos who are behind bars for their alleged involvement in the 2G scam will have to celebrate Diwali in jail as the Supreme Court on Friday deferred the hearing on their bail pleas to Octocer 31.
Two months ahead of the Budget for 2005-06, Finance Minister P Chidambaram on Monday promised to make tax structure simpler for petroleum, telecom, sugar and textiles sectors.
Modi hits out at trade protectionism and calls for a rule-based, transparent, anti-discriminatory, open and all inclusive WTO-centred multilateral trading system focused so that the interests of every country specially the developing ones can be taken care of.
In one of the largest deals by an Indian telecom company, Reliance Infocomm has raised $300 million from overseas markets through syndicated loans to part-finance its $5.5 billion telecom project.
The bench said final hearing in all Aadhaar-related issues would start before another bench in the last week of this month.
SBI was the biggest loser in the Sensex pack, shedding 2.40 per cent, followed by Yes Bank, Bharti Airtel, L&T, Sun Pharma, M&M, ICICI Bank, ONGC, RIL, Asian Paints, Vedanta and HUL, which lost up to 2.37 per cent.
A Group of Ministers headed by Finance Minister Pranab Mukhejree is likely to meet on Monday to vet London-listed mining group Vedanta Resources' $ 9.6 billion acquisition of Cairn India.
Albert Hieronimus tells Bibhu Ranjan Mishra and Pradeesh Chandran, he is optimistic.
Other gainers included Kotak Bank, HCL Tech, ONGC, Asian Paints, Vedanta, HDFC Bank, Bajaj Finance, Maruti and TCS, gaining up to 1.41 per cent. Sun Pharma was the top loser, cracking 8.58 per cent.
Etisalat DB Telecom chief executive officer Atul Jham was also questioned by the panel headed by senior BJP leader Murli Manohar Joshi.
Union Textile Minister Dayanidhi Maran, who has been implicated by the Central Bureau of Investigation in the 2G scam probe, resigned from his post on Thursday, just hours after attending a meeting of the Union Cabinet.
'There will be two to three months of containment, and when there is normalcy, the risk is a relapse and a return to lockdowns.'
A three-judge bench headed sought CCBI's response on Maran's plea and questioned its decision to arrest him.
Prime Minister Manmohan Singh on Thursday said he respected the Supreme Court verdict on the quashing of the appointment of P J Thomas as the Central Vigilance Commissioner.
Vodafone can mitigate risks of money-laundering through M-Pesa by making sure the funds are being traced.
After assuming office, the Narendra Modi government on Monday constituted a Special Investigative Team to unearth black money.
In its 143-page report, the committee headed by retired Justice Shivraj Patil, has also said there is a need for a comprehensive new legislation for the telecom sector like in other countries.
Sustained foreign fund inflows and strengthening rupee are among the main reasons behind the market rally.
The telecom sector is in the midst of another major shift as voice gives way to data.
Nokia is one of the leading telecom equipment manufacturing companies in India
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
Next-generation security and disaster management business seems to be next on the radar of Mukesh Ambani-led Reliance Industries, which will utilise its 4G telecom services for this new initiative.
Rahul has singled out Anil Ambani several times for winning the Rafale defence contract from the Narendra Modi government, alleging favouritism and corruption.
Taking the 2G probe to the doorstep of the Prime Minister's Office, the Public Accounts Committee is likely to ask Principal Secretary to the PM, T K A Nair, and Cabinet Secretary K M Chandrasekhar to appear before it this fortnight in connection with the telecom scam.Sources said Parliament's Public Accounts Committee, headed by senior Bharatiya Janata Party leader M M Joshi, has called Nair, Chandrasekhar and Central Bureau of Investigation Director A P Singh to depose.
As the Indian equities signed off 2019 on a remarkable note, the m-cap of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
The Public Accounts Committee of Parliament has sent to the Telecom Ministry, a volley of questions including why views of the Finance Ministry, Law Ministry and even the Prime Minister were ignored when taking decisions on allocation of spectrum in 2008.
India Inc's bear hug with Russian consumers is getting warmer. From selling marquee cars to liquor, the relationship is heading into the next league -- joint ventures in diverse areas such as petrochemicals, telecom, pharmaceuticals and nanotechnology.
A committee headed by Sam Pitroda, advisor to the Prime Minister, has suggested that state-run telecom major Bharat Sanchar Nigam Ltd should retire or transfer about 100,000 of its employees through measures such as a voluntary retirement scheme. This is a third of BSNL's total employee strength, of 300,000 across the country.To improve organisational performance and employee productivity substantially, BSNL should induct young talent in all spaces.
A committee headed by Sam Pitroda, advisor to Prime Minister Manmohan Singh, suggested that state-run telecom major Bharat Sanchar Nigam Ltd scrap its controversial 93-million GSM lines tender.The committee said BSNL should change its method of growth from outright purchase of equipment to lease arrangement. The vendor who would supply the equipment should be responsible for installation, maintenance and operations, besides future expansion.
Justice Shivraj Patil, former Judge of the Supreme Court, who was appointed to probe the lapses in the sale of 2G spectrum submitted his report to the government a while ago. The one-man committee headed by Justice Patil also gave suggestions to streamline the policy regarding the sale of spectrum in the future.
Ericsson has three global delivery centres (apart from India) in Romania, China and Mexico and has more than 45,000 people in this unit.
Poor quality can be defined as high interference in the radio signal.
The Supreme Court on Friday issued notices to Bharti Airtel and Vodafone on a BSNL petition, seeking that the private telecom operators pay interconnection charges, along with penalty, for transferring to its network their calls that did not identify phone numbers.
The Supreme Court on Tuesday set aside a telecom tribunal order upholding the governments decision to allow basic telephone operators to provide limited mobility on wireless in local loop.
Karunanidhi made the announcement in his concluding remarks at the meeting of the party's key decision-making body, the general council, on Sunday to rapturous applause from members, reflecting the anti-Congress mood in the party ranks.
NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.
