In a relief to the incumbent telecom operators, who have more than 6.2 MHz spectrum, the department of telecom (DoT) on Friday clarified the retrospective fee on spectrum beyond 6.2 MHz would be calculated based on the 2001 auction price, indexed to the prime lending rate (PLR) of a state-owned bank.
Sensitive cases like the validity of the scrapping of Article 370 of the Constitution, the Citizenship Act, and states challenging perceived assault on federalism were on the back burner. An analysis of the judgments delivered in the past months would show that it was acting more like a court of appeal rather than a Constitutional court, observes M J Antony.
Clearly, the extra borrowing of Rs 4.2 trillion the government has planned so far will not be enough to meet the shortfall in revenues which could be between Rs 8 trillion and Rs 10 trillion, points out A K Bhattacharya.
Telecom operators have cited shutting down of mobile towers and lack of spectrum, as the major reasons for call drops
The party unanimously elected veteran Duraimurugan as general secretary and senior leader T R Baalu as treasurer. Former Telecom Minister A Raja and seasoned party leader K Ponmudi were elected as deputy general secretaries.
Text messaging services of all telecom operators also remained suspended in Lucknow and some other parts of UP. In Assam, services were restored 10 days after being banned.
A day after the Congress said the 'doors are open' for Pilot and gave him a second chance, the party virtually closed them for him on Tuesday, sacking him as Rajasthan deputy chief minister and state party chief, three days after he mounted a rebellion against his state chief minister Ashok Gehlot.
Lakhs of people were rendered homeless as cyclone Amphan cut a path of destruction through half a dozen districts of West Bengal, including state capital Kolkata, Wednesday night, blowing away shanties, uprooting thousands of trees besides swamping low-lying areas.
The economic costs now beginning to show up in the hard numbers are far worse than initial expectations.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
Manoj Sinha's greatest asset is his capacity to get on with everyone regardless of political affiliation, notes Aditi Phadnis.
Access spectrum is airwaves used for transmitting wireless signals on mobile devices from mobile towers.
The telecom companies have also been asked to urgently improve their infrastructure, as the government aims to digitise a host of services.
Big three telecom companies term Jio's free voice calls predatory pricing
Profit from its retail business jumped 77 per cent to Rs 1,923 crore and that from telecom rose by 78.3 per cent to Rs 2,665 crore.
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
The Rs 20 lakh crore package includes Rs 1.7 lakh crore package of free foodgrains to the poor and cash to poor women and elderly, announced in March, as well as the Reserve Bank's liquidity measures and interest rate cuts.
The telcos have assured the government that things would improve over the next 45 days.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
'The new trains should be fast, but the roll-out of the privatisation plan should be slow and well-considered,' recommends T N Ninan.
The pilot of the MMTS train was trapped in his cabin, which was badly mangled, and efforts were on to rescue him, they said.
Will be valid only for the first two months of a customer's joining
Launching the scheme, Modi said during the nationwide lockdown, the talent from cities returned to villages and it will now give a boost to development of rural areas. The 'Garib Kalyan Rozgar Abhiyaan' will be implemented on a mission mode in 125 days in 116 districts of six states -- Bihar, Madhya Pradesh, Uttar Pradesh, Rajasthan, Jharkhand and Odisha -- that received the maximum numbers of migrant workers back.
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.
The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to Rs 10,251 crore, or Rs 17.3 per share, in the third quarter ended December 31, 2018.
Bharti Airtel, Bajaj Finance, Bajaj Auto, Reliance Industries, Tata Motors, SBI, HUL, NTPC, ONGC, ITC and Asian Paints rose up to 2.19 per cent.
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
Former Telecom Minister A Raja had "misled" then Prime Minister Manmohan Singh regarding policy of first-come-first-served which was to be followed for allocation of 2G spectrum, Central Bureau of Investigation on Monday told a special court.
The Cabinet last month approved rules for mega-spectrum auction in which airwaves worth Rs 5.66 lakh crore will be put up for sale.
In February, the Supreme Court had cancelled 122 telecom licences. Many of these belonged to foreign companies or companies with foreign investors.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
BSNL, Tata Teleservices and Reliance Communications, who also provide GSM technology-based services, are not part of the report.
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
Trai's regulatory intervention was supposed to stimulate the market, but the latest order seems quite on the contrary, asks Nivedita Mookerji.
The executive order, which was signed by Trump on Thursday, prohibits certain purchases involving publicly traded securities or any securities that are derivative of or are designed to provide investment exposure to such securities of any Communist Chinese military company.
Incoming charges while roaming have been a hindrance to worry-free usage
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
Fraud-hit Punjab and Maharashtra Cooperative (PMC) Bank on Tuesday invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction. Subsequent to commencement of the normal day-to-day operations, it will be open for the investors to convert the bank into a small finance bank by making an application to the RBI, the lender said.
The warning came a day after China cautioned its students against going to the US for studies.
Tata Motors drove the Sensex rally for the second session in a row, surging over 8 per cent. Other top gainers were Bharti Airtel, TCS, Bajaj Finance, PowerGrid, IndusInd Bank and State Bank of India -- rising as much as 5 per cent.
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