Says no evidence yet to incriminate Maran for coercion in Aircel-Maxis deal.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
Jailed former Telecom Minister A Raja on Wednesday told a Delhi court that he would get Prime Minister Manmohan Singh, the then finance minister P Chidambaram and the current Telecom Minister Kapil Sibal summoned as witnesses to prove that the government did not incur any loss in the 2G allocation.
Following are the names of some high-profile people who have been put behind the bars
One lakh gram panchayats are to be connected by underground Optical Fibre Cable by March this year under the first phase of BharatNet project, Minister P P Chaudhary said while replying to questions on behalf of Minister of State for Communications Manoj Sinha who was not present in the House.
A Group of Ministers will consider a proposal to let BSNL and MTNL venture into cable TV and broadcasting services to help infuse life into the loss making companies.
The government has sent show-cause notices to 5 telecom firms including Reliance Communications and Tata Teleservices for alleged understatement of revenues of over Rs 10,000 crore.
Amazon has shot off yet another letter to market regulator Sebi, accusing Future Retail of insider trading and called for an investigation as the US online retailer looks to ratchet up pressure against the Future-RIL deal. Future Group, however, vehemently denied the charges, saying these allegations were "Amazon's ill-motivated attempts to throw everything at the situation to stultify the transaction."
Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees contribution (12 per cent of wages) and employer's contribution (12 per cent of wages) totalling 24 per cent of wages would be given to establishments for two years, she said. Under the Aatmanirbhar Bharat Rozgar Yojana, every Employees' Provident Fund Organisation (EPFO)-registered establishment taking new employees would get this subsidy.
Facebook co-founder and CEO Mark Zuckerberg on Tuesday said India is a very special and important country with a remarkable entrepreneurship culture, as he sought to push deeper the just-launched payments services that allow users to make payments over WhatsApp. Last month, Facebook-owned WhatsApp received approval from the National Payments Corporation of India (NPCI) for rolling out its payments services in India. In 2018, WhatsApp started testing its UPI-based payments services in India -- a global first -- with about a million users.
Vodafone Idea, which reported a loss of Rs 6,439 crore in the December quarter, said it had received letters from the department of telecommunications (DoT) directing immediate payment of dues amounting to Rs 54,000 crores after the SC judgment. "The company is currently assessing the amount that it will be able to pay to DoT towards the dues calculated based on AGR, as interpreted by the Supreme Court in its order dated October 24, 2019. The company proposes to pay the amount so assessed in the next few days," it stated.
"For me, it is like homecoming," said the 93-year-old who returned for the second time to the Congress which he had last left ahead of the 2017 assembly elections to join the Bharatiya Janata Party.
"I have repeatedly said I have done no wrong. A case related to this had come up before the Supreme Court last year and was heard by a bench headed by CJI T S Thakur, who had remarked that this case was made out because of political reasons," Maran, who was telecom minister between 2004 and 2007, said.
The Central Bureau of Investigation will file this week its first chargesheet into the 2G spectrum scam against former telecom minister A Raja and some of his close aides besides a couple of real estate companies for allegedly defrauding the exchequer and entering into a criminal conspiracy in securing the telecom licenses.
The service will cover areas where no network is available and will be provided by INMARSAT, which has 14 satellites.
Bharti Hexacom, a joint venture between Bharti Airtel and TCIL, offers mobile services in Rajasthan. Bharti owns a 70 per cent stake, while the remaining 30 per cent is held by state-run Telecom Consultants of India.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
China Development Bank takes Reliance Communications to NCLT over loan default
Vicky Nanjappa reports on the recent showdown between telecom operator Airtel and the Research and Analysis Wing over tapping of certain phones
According to sources, spectrum was available in the range of 50-60 MHz in nine states and was sufficient to accommodate all the new players as well as demand from the existing operators. However, in some important circles like Delhi, only one of the new players could get initial spectrum. Some of the existing players have objected to the move, saying allocation of spectrum at this juncture would be illegal as the matter is subjudice.
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
Earlier, the Reserve Bank of India was the approving authority.
Already with a presence in Kenya's telecom sector through a brand called 'Yu', Essar is looking to strengthening its foothold in the rapidly growing African market.
In the wake of the 2G acquittals, here are a few high-profile cases in which question marks were raised by various courts over the CBI's probe.
In absence of drinking water and electricity during the mid-May summer, life in the coastal districts remained derailed even four days after the calamity.
Fresh buying by domestic institutional investors and better-than-expected June quarter results from some blue-chip companies boosted investor sentiment
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
Trai had asked the Attorney General for views on Jio's free voice and data offering till March 2017, that rivals have termed predatory.
After a temporary bar due to security concerns, the government has lifted ban on state-run telecom firm BSNL to procure equipment from Chinese vendors, Parliament was informed on Thursday.
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
Over 20 years, connectivity has massively expanded. But 50,000 villages have been left behind.
It reported adding 698,3146 subscribers in September, the lowest since it added 6.1 million in November 2017.
Modi hits out at trade protectionism and calls for a rule-based, transparent, anti-discriminatory, open and all inclusive WTO-centred multilateral trading system focused so that the interests of every country specially the developing ones can be taken care of.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
The third, fourth and fifth floors of the nine-storey building were the worst affected due to the blaze, Mumbai fire brigade chief P S Rahangdale told PTI on Tuesday.
'The events of 2020 have actually put our relationship under exceptional stress.' What External Affairs Minister Dr Subrahmanyam Jaishankar told the All India Conference of China Studies on Thursday, January 28, 2021.
At present, Tamil Nadu circle has maximum of 9,350 BTSs for 3G services, followed by Delhi with 8,405 BTSs.
Mahanagar Telephone Nigam Limited (MTNL) and Bharat Sanchar Nigam Limited (BSNL), the two big state-controlled telecom companies, have written to the government asking that it bear the entire cost of the additional spectrum assigned to the two giants.
Small and big advertisers are making their presence felt this year far more than they did earlier, bringing a smile to the faces of the tournament's organisers and partners.
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