The Enforcement Directorate on Friday arrested the special secretary of the Chhattisgarh excise department in a money laundering case linked to the alleged Rs 2,000 crore liquor syndicate scam in the state.
The officials said that the recently developed SH-15, a 155 mm truck-mounted howitzer gun, has also been spotted at some places along the Line of Control after it was displayed on Pakistan Day last year.
The Telecom Regulatory Authority of India will announce on Saturday the revised basic telecom tariffs, including monthly rentals, call charges and the much-awaited interconnection charge.
India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.
'You have to have commitment to both, but it has to be done at the individual level.'
The development marks a watershed moment in India's telecom history since fixed-line or landline connections formed the final segment where a State-owned operator was in the top spot.
Citing security concerns the Home Ministry has opposed hike in Foreign Direct Investment (FDI) caps in sectors like aviation and telecom, Lok Sabha was informed on Tuesday.
GailTel, the telecom arm of state-owned Gas Authority of India announced on Thursday an investment of Rs 750 crore (Rs 7.5 billion) over thr next five years to expand its telecom infrastructure, combining it with its proposed city gas pipeline.
The reason for this is the high implementation costs which the regulator might not allow firms to transfer to subscribers.
Telecom operators slash call rates to quake-hit Nepal
Assocham president Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of income tax, value-added tax, and GST, and compensation, payments to discoms in the power sector, fertiliser subsidies, etc.
Every defaulter is not a wilful defaulter who has the capability of paying back and is yet not servicing the bank loan, observes Tamal Bandyopadhyay.
Even as telecom services are being restored in Kashmir Valley, mobile operators are offering free calling facility in the region.
NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.
Equity benchmark indices Sensex and Nifty buckled under selling pressure after a nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors.
Putting at rest the controversy over issuance of new telecom licenses on 575 applications, the government on Monday said in the Lok Sabha that these would be issued as per the existing policy which does not put any restriction on the number of operators.
The government on Wednesday said it has received over Rs 2.15 lakh crore (Rs 2.15 trillion) so far from telecom operators as spectrum fee and licence fee.
Concerned over BSNL's falling revenue and market share, an employee association of the state-owned telecom company has sought a thorough probe into an alleged nexus between senior officials of the PSU and private operators.
Trinamool Congress leader Mahua Moitra was expelled on Friday from the Lok Sabha after the House adopted the report of its Ethics Committee that held her guilty of accepting gifts and illegal gratification from a businessman to further his interest.
Saudi Telecom Co, Saudi Arabia's state-run operator, has entered the Indian market by buying 25 per cent equity in Malaysia's Maxis that owns a controlling stake in Chennai-based mobile operator Aircel.
It was discovered that state-owned Bharat Sanchar Nigam Limited was given additional spectrum of up to 10 MHz for GSM technology services in over 16 circles even as private competitors have been waiting to be allotted spectrum by the DoT.
Setting aside security concerns, state-run Pakistan Telecommunications Company Limited has signed MoUs with India's telecom giant Reliance Infocomm to provide cable link between the two countries through the Wagah border
The government is planning to merge Bharat Broadband Nigam Limited (BBNL) with the loss-making state-run telecom operator Bharat Sanchar Nigam Limited (BSNL) this month, a senior official has said. BSNL chairman and managing director PK Purwar at a recent event organised by the All India Graduate Engineers and Telecom officers Association (AIGETOA) said that the government is giving the telecom firm an opportunity for a turnaround. "The government has taken a policy decision that BBNL is going to be merged into BSNL. "This means all work of BBNL at the pan-India level is going to come to BSNL," Purwar said at the All India Conference of AIGETOA on March 13.
Last week, the 34-year old Deora, a two-time Congress MP from South Mumbai, had taken charge as Minister of State for IT and Communications.
The minister had last month said that the guidelines will be out by October 15.
Modi said this 'special invitation' from President Joseph Biden and First Lady Jill Biden for a state visit is a reflection of the vigour and vitality of the partnership between the democracies.
The government on Wednesday said it has set up dedicated Central Bureau of Investigation cells in four metros for detecting and checking telecom related frauds.
However, the revised target, 16.7 per cent higher than stated in the interim Budget in February, looks unrealistic.
From the Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Reliance Industries and Nestle were the major winners. Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wipro were the laggards.
The government is not in a "crazy rush" to sell everything and it will continue to have a presence in four strategic sectors, including telecom, Finance Minister Nirmala Sitharaman said on Saturday. In strategic sectors, a bare minimum presence of the existing public sector commercial enterprises at the holding company level will be retained under government control. The remaining enterprises in a strategic sector will be considered for privatisation or merger with another PSE or for closure.
Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.
This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.
Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. According to the release, 5G to be launched by the Prime Minister in select cities, will progressively cover the entire country over the next couple of years. The cumulative economic impact of 5G on India is estimated to reach $450 billion by 2035. Capable of supporting ultra-high-speed internet services, the fifth generation or 5G is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society.
The conversion of interest into equity stake for the government in Vodafone Idea (Vi) will be decided after the telecommunications (telecom) company's stock price stabilises above Rs 10, India's largest mobile tower installation company Indus Towers has said in its second-quarter report. The board of Vi had, in January, approved the conversion of Rs 16,130 crore worth of interest on adjusted gross revenue dues into equity for the government. This will give the government around 33 per cent stake in Vi.
In one of the largest deals in West Asia, a consortium of Indian telecom firms led by Delhi-based Vavasi Group, which also hopes to rope in state-owned Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) and a Malaysian investor, will acquire a 46 per cent stake in Kuwaiti telecom company Zain for around $13.7 billion.MTNL and BSNL said they would like to clarify that no view has been taken regarding their participation in the consortium.
The prime minister, who is visiting the US at the invitation of President Biden and First Lady Jill Biden, will join them for the state banquet along with a number of dignitaries on Thursday.
The government expects the rollout of 5G services to start from early October in the country, Union minister Ashwini Vaishnaw said on Saturday. "As soon as the spectrum auction ends, within a few days itself, we will allocate the spectrum. "We expect that the 5G roll-out will happen from the beginning of October and within a year or so, we should have a good rollout in the country," the Union Minister for Communications, Electronics and Information Technology Ashwini Vaishnaw told reporters in New Delhi.
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