Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.
A Parliamentary Committee will discuss the controversial issue of net neutrality on Thursday at a meeting where officials of telecom companies like Airtel, Vodafone and Idea are expected to present their views.
British Prime Minister Boris Johnson, who landed in Ahmedabad on Thursday morning on a two-day India visit, was accorded a grand welcome at the airport in Ahmedabad. Soon after, he visited Sabarmati Ashram in the company of Gujarat Chief Minister Bhupesh Patel.
The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.
A liberalised spectrum allows operators to use any technology to deliver services like 3G and 4G.
The Supreme Court on Thursday said that candidates belonging to the Other Backward Class category are required to be adjusted against the general category who were more meritorious than the last of the general category candidates appointed.
Eminent rocket scientist S Somanath has been appointed as the chairman of the Indian Space Research Organisation as well as the space secretary, a personnel ministry order issued on Wednesday said.
Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.
The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
Successful bidders will have to pay 25 per cent of the amount upfront for sub 1 GHz, and 50 per cent upfront for higher frequency bands.
The proposal may provide relief to the tune of Rs 9,000 crore to service providers.
The cabinet also agreed to the proposal to remove the governor from the post of the 'visitor' of private universities and give it to the state's education minister instead.
Decision-making has been very poor, Ambani said.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
Are the big five using their dominance to shut out rivals? That is the key question, says Prosenjit Datta.
The former union telecom minister in his 'interim explanation' said he had not spoken anything 'obscene' or which would lower the dignity of women and motherhood.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
Huawei came under a cloud after allegations that the firm's electronic and telecom devices helped China spy on US corporations and agencies.
Just to promote govt's policy of Make in India, BSNL said, it cannot afford to procure sub-standard equipment from inexperienced companies, not having proven technology. BSNL complained that when competitors were procuring world-class 4G equipment from experienced vendors, why should BSNL be compelled to procure locally.
Rs 3,050-crore penalty on Airtel, Voda Idea gets nod. Final decision will be taken by DoT.
The government will get an additional revenue of 20 per cent from the auction of the 1,800 MHz and 900 MHz bands of spectrum, based on the Telecom Commission's recommendations, compared with those of the Telecom Regulatory Authority of India (Trai).
The fear that Mamata might snatch the mantle of Opposition leadership which the Gandhis firmly believe to be theirs by birthright seems to have persuaded Sonia and Rahul to give up their hoity-toity ways, observes Virendra Kapoor.
In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.
Issuing its recommendations on Net neutrality, Trai has also suggested a multi-stakeholder body comprising telecom and Internet service providers, content providers, civil society organisation and consumer representatives for monitoring and investigation of violations.
Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
Companies have activated a comprehensive pandemic response plan with requisite risk mitigation protocols for keeping networks working as telecom is an essential service.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
To young professionals I would say, work hard, play hard and not be constrained by fads like WLB, says Sudhir Bisht.
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Restoration of road and tele-communication network in the Kashmir Valley, ravaged by floods, will take three to five days. The Centre has directed free flow of transport via Manali and Leh to Srinagar, the only available surface network, a top central government official said on Monday.
No government can 'ignore inclusiveness in a democracy', Montek Singh Ahluwalia tells Anjuli Bhargava.
The Planning Commission on Monday said investment in the infrastructure sector in the Eleventh Five-Year Plan (2007-12) will be close to the target of $500 billion, thanks to a better-than-expected show by the telecom sector
Bharat Sanchar Nigam Limited has sent a letter to the Pilibhit District Election Officer seeking necessary action against Bharatiya Janata Party MP.
Says tradability will ensure greater economic efficiency & higher revenues for the government.
The new telecom players in the country, which had received licences in January 2008 and were subsequently allocated spectrum, are ready to roll out services in the next three to four months.
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