In a blow to private operators, Communication and IT Minister Dayanidhi Maran said on Thursday that private cell operators would have to continue to pay Access Deficit Charge to Bharat Sanchar Nigam for the next two years.
Sun TV's stock ended the day with a loss of 4.84 per cent at Rs 392.10 on the BSE. During the day, it lost 9.54 per cent to Rs 372.70.
Union Textiles Minister Dayanidhi Maran has hailed the Budget proposals-2010-11 presented in Parliament on Friday. The minister said that these initiative for the textiles sector as a growth spurring initiatives , which dovetail with economic revival, infrastructure development, agriculture development, inclusive growth and restoring export growth.
The Supreme Court on Thursday asked the CBI to go ahead with its probe in the Aircel-Maxis deal without waiting for necessary sanction against an official "holding high position" in connection with irregularities in the case arising out of 2G scam.
A Delhi court Friday dismissed a plea seeking lodging of an FIR against Prime Minister Manmohan Singh and former Telecom Minister Dayanidhi Maran for their alleged role in the 2G case.
The shareholders didn't vote against a rise in the company's authorised share capital to Rs 1,000 crore (Rs 10 billion) or the reappointment of S Natrajhen as managing director.
He, however, ruled out any reconsideration of the 12 per cent excise duty on computers, saying the industry had wanted it to boost local manufacturing.
There is an impression within the Tamil Nadu BJP -- although no one is airing it -- that over-exposure for Narendra Modi over the past months may work against party candidates, as they have triggered a near-continuous social media debate on his achievements and failures, points out N Sathiya Moorthy.
Rich and powerful, but secretive -- T E Narasimhan shines a light on the world of Kalanithi and Dayanidhi Maran.
For those who have been observing the phenomenal growth of Sun TV in the last decade and more, its acquisition of the Indian Premiere League franchise for Hyderabad will come as no surprise, says S Murari
With Textile Minister Dayanidhi Maran coming under the Central Bureau of Investigation's scanner in the 2G scam, Tamil Nadu Chief Minister J Jayalalithaa on Wednesday demanded that he should be dropped from the Union Cabinet immediately.
Union Textile Minister Dayanidhi Maran has come under the scanner in the 2G scam probe, with the Central Bureau of Investigation telling the Supreme Court on Wednesday that he had misused his office and forced C Sivasankran, the promoter of Chennai-based Aircel, to sell his firm to Malaysia-based Maxis Communications in 2006.
Indian airline SpiceJet Ltd said on Thursday that its billionaire owner, Kalanithi Maran has proposed to transfer majority ownership in the ailing carrier to co-founder Ajay Singh.
Even as Tatas owned Videsh Sanchar Nigam has challenged Telecom Regulatory Authority's order on reduction in international bandwidth prices, the government on Friday said there was further scope to bring the price down.
The government on Tuesday indicated that forthcoming Foreign Trade Policy may grant some sops for the ailing textile sector especially exporters, who were disappointed over the Budget proposals.
Union minister Dayanidhi Maran today apprised Prime Minister Dr Manmohan Singh of the gravity of the fire tragedy at a private school in Tamil Nadu's Kumbakonam district in which 90 students were burnt alive
Union IT and Communications Minister Dayanidhi Maran on Monday set a target of 200 million phones by 2007 and said India would need telecom equipment worth Rs 1,000-1,250 billion to meet this target.
In April 2013, CBI had first told the Court there were "some difficulties" in the probe after it went abroad.
The two parties are deadlocked over on a deal over sharing of seats following DMK's decision on Saturday to pull out its ministers from the UPA government over Congress attitude.
A Delhi court on Wednesday refused to entertain a complaint seeking registration of an FIR against Prime Minister Manmohan Singh and former telecom minister Dayanidhi Maran for their alleged role in the 2G scam.
A well-known amateur radio operator, Dayanidhi Maran, has joined a growing list of top politicians and corporate honchos to be felled by the 2G spectrum scam in which DMK was further dealt a body blow with its two leaders already behind bars.
Ahead of his scheduled meeting with Vodafone CEO Arun Sarin, who is bidding for Hutch-Essar, Communications Minister Dayanidhi Maran on Wednesday said the government wanted good companies to enter the country.
Was it the sheer rise of Maran -- remember, the 41-year-old became a powerful Union minister in the very first opportunity he got -- that has caused the envy within the DMK and resulted in him being sidelined?
The court had on July 21 issued summons to the firm, Maran and Natrajhen and directed them to appear today after taking cognizance of two I-T complaints filed against them.
DMK president M Karunanidhi told reporters that Lok Sabha Speaker Somnath Chatterjee will release a special postal cover on the occasion.
Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases.
The government on Wednesday said the technical textiles segment, which is engaged in production of the specialised variant of the commodity used by industries, may become a Rs 66,441 crore (Rs 664.41 billion) industry employing an additional three lakh workers by 2012.
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.
Defending the continuation of Universal Service Obligation support, a fund to subsidise unprofitable operations of otherwise profit making telecom PSUs like BSNL, the government on Tuesday said USO exists for all players and not for BSNL alone.
The government on Friday welcomed the verdict of telecom tribunal TDSAT dismissing a petition by Reliance challenging a penalty of Rs 150 crore.
While 30 of them were suspended for the remainder of the Winter Session, three were suspended pending the report of the Privileges Committee.
Dravida Munnetra Kazhagam Member of Parliament Dayanidhi Maran has not so far been given a clean chit in 2G scam case, the Central Bureau of Investigation on Thursday told the Supreme Court and objected to the allegation that its investigation in this case is "less than honest".
Dravida Munnetra Kazhagam supremo M Karunanidhi on Monday renominated former telecom minister and 2G scam accused A Raja for the April 24 Lok Sabha polls in Tamil Nadu. He also sent a strong message to rebels in the party by denying a ticket to his son M K Alagiri.
Calls for inquiry into attempts by 'vested interests'.
The fresh equity infusion comes at a time its rival Kingfisher Airline is struggling to be air-borne due to a severe cash-crunch.