How are hedge funds viewing India currently and what is their strategy for markets here right now? \n\n
Private telecom operators have overtaken their public sector counterparts -- Bharat Sanchar Nigam and Mahanagar Telephone Nigam
'The AMs are a different beast and reflect the political play within the government.' 'Prime Minister Modi does not need to assuage any interest group to take the final call on any decision that belongs rightfully to the Cabinet,' points out Subhomoy Bhattacharjee.
The government has lost Rs 2,000 crore (Rs 20 billion) in just over a month after 1,300 group A officers, who constitute the top management and technical cadre in telecom giants BSNL and MTNL, rejected the ''inferior'' absorption offer.
The markets opened in the positive terrain but slipped and are trading flat as selling was seen in banking and pharma stocks
Details of railway accidents can from now on be obtained from any part of the country by dialling telephone no 1072.
With public sector telecom giants MTNL and BSNL planning to cut their broadband tariffs to nearly half, a move expected to be followed by a host of private operators offering similar services, the number of net surfers will leap-frog to 8 million.
The government on Tuesday has directed telecom service providers, including Reliance Infocomm and Tatas, to submit compliance report on fixed wireless services, ensuring that they confine to the user premises, by March 31.
The services in Delhi will start from November 1, with a basic monthly rental of Rs 125 for more than 30 free-to-air channels and Rs 500 as security deposit.
In a major setback to over 2,200 technocrats from the telecom cadre services, government on Thursday closed all negotiations on the issue of their absorption into telecom PSUs BSNL and MTNL, saying that the deadline has expired.
Communication and IT Minister Dayanidhi Maran on Saturday announced that state-owned Bharat Sanchar Nigam Limited would invite bids for adding 60 million GSM lines envisaging an investment of over $4.5 billion.
Telecom major Bharti Airtel led the growth in segment with net addition of 1.31 million subscribers.
Telecom services across the country could suffer, with the Department of Telecom ready to recall over 2,200 of its officers on deputation in MTNL and BSNL.
The government on Wednesday said it has set up dedicated Central Bureau of Investigation cells in four metros for detecting and checking telecom related frauds.
Hit hard by the rising number of illegal telecom exchanges and unauthenticated mobile customer base, Department of Telecom is considering amending the Indian Telegraph Act, 1885 to include stringent penalties of up to Rs 5 crore.
'When these fugitives flee to Karachi they don't have much to do, but tweedle their thumbs.' 'I have seen a number of criminals coming back to India because they realise they can meet more people over here.' 'After the 1993 blasts, Latif was not mentioned in the chargesheet.' 'He probably felt he could safely return to India.'
BSNL, MTNL also reduce local call rates to Re 1 for a 3-minute call. But this comes with an increase in rental of Rs 49 to Rs 299 per month from the existing Rs 250.
The United States-based software company Bentley Systems is eyeing major contracts in railways, roads, telecom, electricity, gas and water following government decision to invest over Rs 60,000 crore (Rs 600 million) in the infrastructure sector.
Telecom PSUs BSNL and MTNL will launch their broadband services throughout the country on 15th of January 2005 at Rs 500 per month.
Reliance Infocomm Ltd is planning to initiate talks with Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd on the ongoing Point of Interconnectivity issue
Do you agree with RGV's view that watching porn is 'harmless fun' or do you think it should be banned?
The government on Friday suspended the international long distance licence of Data Access for non-payment of over Rs 200 crore (Rs 2 billion) due to department of telecom and other operators like BSNL and MTNL.
'Once we are past this electoral season, during which all promises are presented as free lunches, could we bring such non-populist issues into focus?' 'Like fixing the problems of the public sector?' points out T N Ninan.
To ensure level playing field between service providers, the telecom regulator has said that direct connectivity should be made between basic and mobile service providers.\n\n\n\n
The markets opened in the positive terrain after seeing a flat close yesterday
With over 21 lakh new telephone subscribers added in the month of February, the teledensity has improved to 8.98 per cent, up from seven per cent at the end of March 2004.
In less than two months of the new levy regime that resulted in financial loss of about Rs 1,700 crore (Rs 17 billion) per annum to the two PSUs -- BSNL and MTNL, the TRAI on Thursday came out with another consultation paper to review the existing re
The dry-run for roll-out of 3G mobile services is finally taking off, as the government has provided low-power spectrum to GSM players like BSNL, MTNL, Bharti and Hutch to carry out interface check on a non-commercial basis.
Mahanagar Telephone Nigam Ltd on Tuesday announced free incoming calls for its Dolphin cellular subscribers, while roaming all over India.
Long-distance tariffs will crash from Tuesday with TRAI reducing the access deficit charge given to telecom operators Bharat Sanchar Nigam Ltd and Mahanagar Telecom Nigam Ltd by up to 62 per cent.
Arrears owed by subscribers to Bharat Sanchar Nigam Ltd stand at Rs 2655 crore (Rs 26.55 billion), including Rs 306 crore (Rs 3.06 billion), against government departments, Lok Sabha was informed on Wednesday.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
"I have repeatedly said I have done no wrong. A case related to this had come up before the Supreme Court last year and was heard by a bench headed by CJI T S Thakur, who had remarked that this case was made out because of political reasons," Maran, who was telecom minister between 2004 and 2007, said.
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