The ministry of finance has shot off a missive to the Department of Telecommunications stating there could be a revenue loss in 2006-07 to the national exchequer, owing to reduced license fee from international and national long distance services.
Modi govt to enhance its 2015 spend on technology, says Gartner.
NuPower will return loan with interest to consumer durables major by 2021
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
I-T heat on thousands of firms for unusual cash deposits.
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
'Young people are digital natives.' 'Hence, their ability to learn coding and to become a full stack engineer is far more.' 'The demand for such people is more as we feel that if we hire people from campuses, we can train them to become what we want.'
State Bank of India has agreed to lend Vodafone-Essar, the joint venture between United Kingdom's Vodafone and Essar, Rs 10,000 crore to finance the company's entry into 3G (third generation) telecom services and expansion of its broadband operations.
While the telecom ministry and cellular operators are trying to hammer out differences over the issue, the security agencies have submitted a report to the Union home ministry about the abuse of the new technology by some terrorists modules and hawala operators. The sources said government has already asked telecom companies to make possible monitoring of content transmitted through Blackberry or stop the service as it was causing a major security breach.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
Instead of tinkering with roaming, the circle system should be ended.
The sources said the matter should have been referred to the Cabinet Committee on Economic Affairs as foreign investments above Rs 600 crore (Rs 6 billion) can only be cleared by Cabinet Committee on Economic Affairs headed by the Prime Minister.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
Telecom minister A Raja, who has retained the portfolio he held in the previous United Progressive Alliance government, said bringing down mobile tariffs to 10 paise a minute for local calls and 25 paise a minute for STD calls would be on top of his agenda during his second tenure. In India, at present local call rates vary from 40 paise to Re 1, and national call rates from Re 1 to Rs 2 a minute.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
While business, humanities and engineering programmes at the undergraduate level start at 10,000 (annually), candidates should make provision of 8,000-12,000 (approx Rs 6 lakh to 10 lakh) towards living expenses annually, says Sushil Sukhwani.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
The aim was to skill 1 crore by 2020.
'Some cases do not get a single hearing for 6 to 8 months, while some have been pending for as long as 8 years.'
On this technological revolution, we are 7-10 years behind the US. So, the threat to newspapers doesn't exist now, says Trai Chairman Rahul Khullar.
DoT is asking the public to help to check illegal routing of international calls, which is causing the dept a loss of Rs 5000 cr.
All operators would have to shift to NGN networks in near future. NGN is a single network of services and infrastructure functioning over an Internet Protocol network. This digital mode is superior to the existing network.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
According to the Trai latest report, only around 18 million telephone subscribers out of the total subscriber base of more than 344 million have opted to register in NDNC. Of these, urban areas like Delhi and Mumbai constitute around 40 per cent along with states like Gujarat, Maharashtra and Goa.
As many as 142 stocks from the S&P BSE500 index are currently trading below their level of May 12, 2014
Govt announces slew of schemes for rural India
Ending the long wait over next generation telecom services, MTNL on Friday said it will commercially launch its 3G services in the national capital within 10 days.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
In a significant move, Vodafone India on Tuesday said it has reduced data charges by up to 80 per cent in three circles and the new cheaper rates will be rolled out nationally in a phased manner.
Though India is a low-bandwidth geography with relatively low Internet penetration, it has a very large number of sophisticated surfers and skilled computer users
Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
Till 15 days ago, only two PSUs - Oil and Natural Gas Corporation (ONGC) and National Thermal Power Corporation (NTPC) - ranked amongst the five most valuable companies. But with two more PSUs, Mineral and Metals Trading Corporation (MMTC) and National Mineral Development Corporation (NMDC), seeing sustained rise in the last three months, the number has risen to four.
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.
Union Communications and IT Minister A Raja has expressed his interest in bringing down national roaming rates to zero, further cutting international roaming rates and favouring technology neutrality in the country.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
That may have reduced clutter, but it would also have reduced choice.