Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in four strategic sectors. "It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said. Modi also said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has "no business to be in business".
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.
'The announcement has come too late. This should have been done years ago.'
The retrospective tax decision reversing the January 2012 Supreme Court verdict in the Vodafone case has often been cited as the reason for foreign investors losing confidence in India as an investment destination.
India must change approach and have better access to networks to fulfil its digitisation dream.
The greatest progress on civil rights in the United States since Abraham Lincoln was under the Southern Democrat Lyndon Johnson, the past master of wheeling and dealing in Congress.
Apart from other things, this would have put a spanner in the government's Digital India campaign.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
Brushing aside India's concerns, China on Monday cemented its "all-weather ties" with Pakistan by agreeing to build a strategic $46 billion (Rs 2.9 lakh crore) economic corridor through Pakistan-occupied Kashmir as part of 51 deals signed, expanding the communist giant's influence in the region.
Organisations are focusing on how they are going to be much more nimble, much more innovative and that is the ticket to success, Mark Goodburn tells Sangeeta Tanwar
Small cells improve coverage in areas where traffic is high.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
The compulsions of domestic politics notwithstanding, India and Bangladesh script a new story in bilateral relations, say Nayanima Basu and Aditi Phadnis
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
If it happens, this would mean the largest spectrum auction in terms of amount with over 7,000 Mhz going up for sale across eight bands
Kapil Sibal said there will be multiple places from where cyber war could take place, it will involve individuals, sections of society, businesses, terrorists, drug dealers and those who want to generate violence.
'I don't see people standing up against what is happening in Kashmir. I feel this clampdown can exist as long as the government wants it to.'
Chief Minister Vijay Rupani said people living in the coastal belt would be shifted to safer places.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
Telecom Secretary J S Deepak has resolved the toughest issues facing the sector, but his real test will be in delivering on the govt's Digital India dream
In return, BSNL should be allotted 1.2 MHz in the 1800-MHz band in each circle, subject to some conditions.
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We present Prime Minister Manmohan Singh's full speech as he addressed the country on the occasion of 66th Independence Day, from Red Fort, Delhi.
Considering Modi's style of practicing diplomacy, it is likely that a clear message would be conveyed to China that it is high time Beijing stops using its good relations with Pakistan as a pressure tactic against India. This is imperative not only for strengthening India-China relations at the bilateral level but also for maintaining stability at the regional level, says Sana Hashmi.
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%
The chief of America's Federal Communications Commission is not a fan of net neutrality. So what's his vision of communications and digital policy in these times?
'The standing ovation in Cannes was a rare moment where I felt patriotic. I realised that the audience was not clapping for an individual but for the team that came from India with such a beautiful film.' Masaan's leading man Vicky Kaushal takes us through its making.
'The question now is how long the exercise in perfection he created will last once his influence isn't there any longer,' says Sunanda K Datta-Ray.
Transcript of the political resolution adopted by the Bharatiya Janata Party in its national executive meeting in Panaji, Goa on Sunday.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
The 25-year-old telecom engineer from Lahore says his employer had 'no idea' of his secret cyber life and his recent exploits.
India Inc has few leaders who are likely to grab headlines in 2015.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
