The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
The cable industry has asked the government to quickly address the policy issues related to the Internet Protocol TV. Otherwise, over 3,000 unauthorised television channels, which include pornography, will enter Indian homes.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
City-wise, Delhi NCR was the only metro to report a rise in hiring activity in April.
International long distance carrier Videsh Sanchar Nigam Limited on Friday urged the Telecom Regulatory Authority of India to scrap the access deficit charge as it was leading to smuggling of international calls.
COAI sid the huge volume of traffic from RJio will pull down the weighted average voice realisation for other operators from 30-40 paise to 22-25 paise per minute or lower
For Uninor, it is more important to serve customers better in existing circles rather than going for pan-India operations.
The number of smartphones booked during the initial hours was 30,000.
Since he handled telecom, mining, shipping and transportation industries, we are looking into all his activities at the ministry. This could possibly be a case of industrial espionage," a senior police officer of the special cell, involved in the case's investigation told rediff.com.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Demand of mobile handsets in the country is expected to reach 350 million units per annum by 2020, says a study by industry body FICCI with market analyst firm Ernst and Young (E&Y).
In his first poll rally for the April 6 assembly polls, Modi rooted for the Tamil language, culture and invoked the welfare legacies of M G Ramachandran and J Jayalalithaa, late chief ministers and All India Anna Dravida Munnetra Kazhagam icons.
Sustained foreign fund inflows and strengthening rupee are among the main reasons behind the market rally.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Apart from other things, this would have put a spanner in the government's Digital India campaign.
Facebook is fast learning the limits of tech exceptionalism.
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.
A look at what 3G means and how it will change the way you consume telecommunication services and products in India in the years to come.
The UK on Tuesday assured complete government neutrality on Tata Steel's bid to acquire Corus and sought similar treatment for British telecom firm Vodafone in its bid to acquire mobile venture Hutchison-Essar.
The new entity will continue to work on technologies in areas like healthcare and education, while also looking at next-gen competencies like artificial intelligence, Blockchain, virtual and augmented reality, among others.
They are asking TRAI to reject the plan in the interest of protecting the citizens' right to use Internet
The dual-technology operator plans to divert its mobile customers and those who use mobile internet to the GSM side of its business, and devote the CDMA business exclusively to dongles.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
Exports to China saw sustained double-digit growth for the fourth straight month in August, led by eightfold rise in iron and steel shipments.
Move to impact joint ventures in telecom, insurance, broadcasting.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
This is the biggest equity-raising exercise by an Indian corporate within a financial year. The fundraising - led by Citibank, Goldman, Kotak and Axis Capital as bankers - will see participation by foreign and domestic institutional investors.
In a society where corruption is endemic and you want to get something done then it is all too tempting to offer a bribe, Swraj Paul said.
According to sources, Russian energy giant Rosneft or its affiliates, Saudi Aramco and Reliance Industries are in race for BPCL's three refineries - Mumbai, Kochi in Kerala and Bina in Madhya Pradesh - 16,309 petrol pumps, 6,113 LPG distributor agencies and more than a fifth of 256 aviation fuel stations in the country.
G C Murmu rarely speaks in public and when he does, his statements are always in lockstep with the thinking within this government.
The recovery was led by information technology exporters.
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