TRAI on Tuesday met key telecom operators including the Tatas, Reliance, and Shyam Telecom, besides BSNL and MTNL, to work out an interim arrangement regarding the interconnection usage charge till its review process was over.
Telecom tribunal TDSAT on Monday directed TRAI to file a reply by January 26 on a petition by MTNL challenging the regulator's new levy regime, which could result in a loss of about Rs 550 crore (Rs 5.5 billion) to the public sector undertaking, whil
Telecom monolith Bharat Sanchar Nigam Limited is the top profit-making public sector unit, while steel giant Steel Authority of India Limited had the dubious distinction of topping the list of loss making state-owned enterprises.
Bharat Sanchar Nigam Ltd lost 32.6 lakh subscribers in 2003-04 compared to 17.9 lakh in the previous year even as 17.5 lakh people were waiting to get new connections from the state-owned telecom company as on March 31, 2004.
Chinese telecom networking company Huawei Telecommunications is planning to increase its workforce by 50 per cent to touch 90 professionals by June-end this year.
A naval officer has questioned the ability of his superior to have court martialled him saying he was sending SMS from his mobile phone during the proceedings.
The Sensex ended eight points lower at 5,195. The Nifty closed at 1,631 - down 8 points.
As many as 17.9 lakh (1.79 million) subscribers of Bharat Sanchar Nigam Ltd and 203,000 customers of Mahanagar Telephone Nigam Ltd surrendered landline telephones between April to October this year, Lok Sabha was informed on Wednesday.
The headline numbers may reflect that the stock markets are down very sharply. But look deeper and you will find that the major reason why the stock market has declined in the recent past was on account PSUs!
Spectrum was sold at about 68 per cent premium.
State-owned BSNL would be the biggest gainer followed by MTNL if the government changes the inter-connect usage charges, based on TRAI's consultation paper, according to a recent report by equity research firm J M Morgan Stanley.
Communications Minister Arun Shourie on Wednesday said rentals for landlines have not been increased neither in rural nor in urban areas by BSNL and MTNL.
'Our country does not need an NRC. We need to improve our economy which is in a bad condition.'
Amid the ongoing controversy on Wireless in Local Loop services, the limited mobility base of BSNL, MTNL and private operators has risen to 1.49 million, as on March 31, 2003 against 660,000 subscribers in the previous month.
The Sensex commenced on a positive note with a gain of 11 points at 4,393.
Telecom services, cell-to-fixed line phones and vice versa remained crippled for the second day on Saturday even as cell operators shot off letters to telecom regulator and state-owned MTNL.
Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.
Want to find out about the possibility of floods in your area? Just log on to a website and get online updates from the government.
The Sensex opened with a good positive gap of 18 points at 4,075. It is now up 21 points at 4,078.
The index, however, has rolled back into positive zone on selective buying in old economy stocks, and is now up four points at 3,673.
The Sensex opened a point higher at 5,104. The index slipped into negative zone and is now at 5,077 - down 26 points. The Nifty is at 1,597 - down seven points.
Following yesterday's smart move the Sensex opened with a positive gap of 15 points at 5,248. The index is now at 5,253 - 20 points
The Sensex opened a tad lower at 5,250, down 3 points from yesterday's close. It slipped further to touch a low of 5,234.
The Sensex on Wednesday closed with a gain of 89 points at 4,924. The Nifty moved up 27 points to end at 1,535.
The Sensex closed with a gain of 75 points at 4,835. The Nifty ended above the 1,500-mark at 1,508 -- up 24 points.
So how is it going to affect the common citizen?
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At the close of trade, telecom stocks ended with as much as 4.3 per cent loss.
The Sensex opened on a flat note at 4,802. It is now down 22 points at 4,780.
Idea, Reliance and BSNL have call drop rates in the range of 10 per cent or above.
Both the indices ended at their highest levels since February 1.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
The Sensex closed with a gain of 16 points at 3,780.\n\n\n\n
The Sensex opened a tad lower at 5,245 - down a point.
The advertisement with the PM's face has not amused social media. In fact, it wondered if the usage of the image was even legal.
'Else they will form a growing 'hospital sector' -- and the taxpayer will be asked to pick up a mounting bill,' warns T N Ninan.
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
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