Arvind Ltd would pay $3.2 million to Ralph Lauren to settle a lawsuit the US-based luxury fashion house filed in 2013.
The royalty payment obligations will be subject to arbitration.
DoT has stated in an internal note that the 3G roaming agreements between these three companies are tantamount to their becoming mobile virtual network operators, something not allowed under the current policy.
The government will reserve the right to decide on the cost recoverability of royalty from Cairn India's block in Barmer while clearing Cairn Energy's sale of its Indian subsidiary to Vedanta Resources.
The tribunal accepted the government's argument that licence or spectrum is a state asset over which Aircel had no right of ownership.
Suspended Indian Premier League commissioner Lalit Modi on Saturday handed over to the Board of Control for Cricket in India all the relevant documents relating to the Twenty20 League, sources close to him said.
The department of telecommunications (DoT) will soon start looking into the issue of ineligibility of recent licensees such as Unitech, Loop and Datacom, in the wake of the Comptroller and Auditor-General's scathing report. And, take action, if it thinks it is required.
With states in north India imposing stricter measures to curb intra-state movement after April 20, makers of summer products such as air conditioners, refrigerators, colas, and ice creams are estimating a 25-60 per cent drop in yearly sales.
The government on Friday unveiled long awaited Unified Licence norms that provide for delinking of spectrum from operational permits and allows companies to offer services using any technology.
Its entry into the broadband wireless segment could add $1 billion to profits.
At a meeting with the central bank, bankers opposed the entry of new banks, as there were enough players already. Newer entrants would only increase "unnecessary" competition and deplete their margins, top bankers told central bank officials.
Liberalization and telecom reforms are known to be necessary to hasten growth in tele-density.
In 2020 a round of hikes in customs duty on components like compressors, motors and printed circuit boards aggravated the situation, coronavirus crisis is now leaving manufacturers with no option but to hike prices despite fall in sales.
FIFA and official licensee Electronic Arts will feature 12 Women's national football teams for the first time in the game's history.
The company, through its global licence agent Beanstalk Group, has entered into a tie-up with Delhi-based licensing management firm Licence India for selecting licensees in the country for manufacturing and retailing of products.
From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts.
The move gains importance after two new telecom players -- Swan and Unitech -- sold stakes to foreign companies at high premiums after the allocation of spectrum. The Left parties had also accused Telecom Minister A Raja of underselling spectrum that cost the national exchequer around Rs 60,000 crore (Rs 600 billion).
Firming up their rollout plans, the new telecom licensees will invest around $2 billion in the next four months for the rollout of their services.
The Telecom Regulatory Authority of India (TRAI) on Monday said the DTH subscriber base has swelled to more than 13 million in the country, indicating an increased penetration of the service.
A telcom operator said since there is a CBI investigation over alleged irregularties in the license and spectrum allotment going on, the minister may try to win over the industry by asking them not to be perturbed over the development and focus on operations and customers.
The safety net for passengers is focused solely on the terms and conditions for the radio taxi scheme issued by the transport department.
The mobile tariffs in the world's cheapest telecom market are set to fall further by at least 20-25 per cent during the year, more so due to increasing number of telecom operators and infrastructure overcapacity.
The investments by Uber and Ola included setting up kiosks, incentivising drivers for parking at the railway stations, and payments to the Indian Railways.
"As the existing licensees have already made huge investments in the infrastructure and their systems are in place, therefore, they will be in a better position to deliver 3G services efficiently at low incremental cost," Trai said in its views on permitting new entity for 3G Services.
Mobile users can expect a sharp fall in tariffs and access to a range of sophisticated services if the government accepts recommendations by the Telecom Regulatory Authority of India to permit mobile virtual network operators.
An Australian court on Thursday rejected the 2Day FM station's petition, paving the way for the country's media watchdog to conclude its probe into handling of a royal prank call by the Sydney-based radio station that led to the death of an Indian-origin nurse in the United Kingdom.
It cannot be that only in this case the CBI has developed a spine, refusing to heed the advice of its political masters.' 'There is something that does not meet the eye here,' notes Virendra Kapoor.
Ranbaxy Laboratories Ltd said on Monday it has entered into a licensing agreement with US-based Gilead Sciences Inc for manufacturing and marketing of Active Pharmaceutical Ingredient and formulations containing anti-HIV drug Tenofovir.
The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc's continuing problems point to the impact this law has had on FDI in India's oil and gas sector.
To boost the 'Make in India' initiative, the Union home ministry has liberalised the Arms Rules to encourage investment in the manufacturing of arms, ammunition and weapon systems in the country.
It means a CDMA players like Reliance can also operate GSM services and get the required spectrum from the government within the same licence. Earlier, they were allowed spectrum either for CDMA or for GSM within the licence. However, now they have to pay an amount equal to the entry fee of a UASL licence (over Rs 1,680 crore for a pan-India licence) to get the spectrum as recommended by the Telecom Regulatory Authority of India.
Taking a tough stand on the failure by mobile operators to verify subscriber documents, the government on Monday issued them directives to carry out special authenticity checks for bulk connections.
The 2G judgment suggests many bureaucrats have poor application, inadequate interest and are unwilling to be active participants in the policy process, says Babu Jacob.
Revenue collections relating to spectrum charges is Rs 3,015 crore in 2007-08 while it was Rs 2090 crore (Rs 20.9 billion) in 2006-07, Minister of State for IT and Communications Jyotirditya Scindia told Lok Sabha in a written reply. The sector has now 134 private licensees offering mobile services with a user base of 20.84 crore (Rs 208.4 million) till February 2008 with a total investment of Rs 95,000 crore (Rs 950 billion).
In Metro circles only Bharti-Mumbai, BPL-Mumbai, Reliance- Mumbai and Tata-Mumbai meet the benchmark.
UK-based premium menswear brand The Savile Row's ambitious India plans might prompt its Indian partner Forbes Gokak to reconsider the Indian strategy for another premium menswear brand, Daks London.
The world's largest chain of hotels, Best Western International, announced on Friday its plan to expand in India by starting 100 hotels in the next 10 years.
The minister said the companies have given representation which is being examined by the DoT before taking a final decision.
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