In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
'If some measures are implemented quickly, they can help revive growth.'
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.
'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
American Tower bulks up in India with $1.2 billion Viom stake buy
Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
Its new industrial policy appears to benefit industrial houses
The state-of-the-art features of this Scorpene class submarine include superior stealth and the ability to launch a crippling attack on the enemy using precision guided weapon.
Spectrum was sold at about 68 per cent premium.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
'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.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.