Chandrasekaran, who is the co-recipient of this year's USIBC Global Corporate Leadership Award, also said it is possible to have a limited deal between India and the US before the elections there in November if both sides work together to get something done and not try to solve all issues at once.
Delay in approvals and bureaucratic stonewalling create hurdles; experts fear return of licence raj.
The Smart Power model is an innovative way to deliver clean energy.
Industry body Assocham has released a study paper, titled 'Mobile value added services' a vehicle to usher in inclusive growth and bridge the digital divide' on which Trai is seeking comments from various service operators by February 11, Trai said.
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
Former Telecom Minister Dayanidhi Maran may be 'examined' soon by the Central Bureau of Investigation in connection with his alleged role in coercing former Aircel Chief C Sivasankaran to sell his stake to a Malaysia-based group.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Charges were traded thick and fast; enquiries and investigations have been carried out by more than one agency. As a result, one former minister, one political heavyweight, and a handful of businessmen, bureaucrats and executives are in jail.
'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.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
On the volume side, the number of M&A and PE deals was 110 in July, 15 per cent lower from 130 in July 2018.
Former telecom minister A Raja, the prime accused in the 2G scam, was on Wednesday criticised by the Supreme Court for using 'intemperate and objectionable' language in a letter to Prime Minister Manmohan Singh on the issue of spectrum allocation policy.
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
Earlier, the CBI had registered a preliminary enquiry against unknown persons on the directions of the Supreme Court. The agency is trying to ascertain whether the first-come-first-serve policy made by the Cabinet members of the Atal Bihari Vajpayee's NDA government was followed or not. Shourie was the telecom minister from January 2003 to May 2004 in the NDA regime.
In its 143-page report, the committee headed by retired Justice Shivraj Patil, has also said there is a need for a comprehensive new legislation for the telecom sector like in other countries.
The government needs to make the right policies and further execute them properly if it wants to move towards this goal
'BSNL employee cost is Rs 14,500 crore and we anticipate that around 80,000 should opt for VRS.'
The one-man panel that went into the procedures for giving 2G licences between 2001 and 2009 on Monday submitted its report and is understood to have held some officials responsible for improper spectrum allotment.
The two-day nationwide strike called by central trade unions to protest the Centre's alleged anti-worker policies evoked mixed response all over country on Tuesday.
The programme has triggered a huge debate in India.
Hutchison Telecom is confident of reaching two million customers by December 2002, according Hutchison Telecom East Ltd Managing Director Asim Ghosh.
After lifetime validity plans, differential tariffs have come under the scrutiny of Telecom Regulatory Authority of India, which is planning to formulate policies to check discrimination in such tariffs
The Bharatiya Janata Party on Thursday accused the government of giving 'limited denials' on the telephone tapping allegations and warned that allowing lobbyists to influence policies like telecom spectrum would be 'hugely frightening' for Parliamentary democracy. In a blistering attack on the government, Leader of Opposition Arun Jaitley asked whether 'public emergency' or 'public safety' was under threat to bug the telephones of four senior political leaders.
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
Defence forces, who were last month excluded from the list of agencies eligible to procure jammers, have now been included, in addition to central armed police forces like Central Reserve Police Force, Central Industrial Security Force and Indo Tibetan Border Police.
It is significant that Modi who speaks of introducing a new kind of governance, decided to amend the law to accommodate one person, when the law was made to ensure that bureaucrats do not use their connections to seek out lucrative postings.
ICICI Bank topped the Sensex gainers' chart, spurting 5.09 per cent, followed by L&T, Bharti Airtel, Vedanta and Tata Motors, rising up to 4.60 per cent.
'When an enemy country is looking for information to sabotage a system from a remote location, they can access your data, they can stop the functioning of our power plants, they can stop the functioning of critical systems in the network.' 'It is very important that we should have full control of everything in the network.' 'Most Indian companies buy from China only because of the kind of incentive they are getting.' 'By doing so, these Indian companies are exposing themselves to dangers in the coming years.'
Justice Shivraj Patil, former Judge of the Supreme Court, who was appointed to probe the lapses in the sale of 2G spectrum submitted his report to the government a while ago. The one-man committee headed by Justice Patil also gave suggestions to streamline the policy regarding the sale of spectrum in the future.
The Supreme Court on Tuesday set aside a telecom tribunal order upholding the governments decision to allow basic telephone operators to provide limited mobility on wireless in local loop.
DoT further clarified that since 2003 as many as 51 new licences were issued prior to January 2008 under the same guidelines on first come first served basis.
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
Dubbing the debate triggered by Rajya Sabha MP Rajeev Chandrasekhar with Ratan Tata on 2G spectrum as 'futile', a Tata Group firm on Friday said his attack on a former telecom regulator was a 'cheap gimmick'.
A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.
Refusing to be defensive on the 2G spectrum scam, Telecom Minister Kapil Sibal on Wednesday hit back at BJP for raking up the issue, alleging that "irregularities" had taken place during the Vajpayee government and these would be exposed within weeks.
'And who sold this belief?' 'Public-spirited individuals' like Subramanian Swamy.' 'Independent public servants' like Vinod Rai. 'Anti-corruption activists' like Kiran Bedi. And 'outspoken television anchors' like Arnab Goswami,' says Mihir S Sharma.
Broader market underperformed the headline indices
