Announcing that he would take up the issue with the telecom ministry, he demanded a probe by market regulator Securities and Exchange Board of India into the hammering of Reliance Communications scrip in the last few days.
They say we get the politicians we deserve. In that case, all of us need to do better, immediately. For our elected leaders rarely make us proud; most of the times, they make us cringe. Rediff.com takes a look at politicians across India who made headlines this year, often for the wrong reasons, rarely for the right ones.
Justice Shivraj Patil will take over as the Lokayukta in Karnataka once Justice Santosh Hegde retires in August.Justice Patil, who belongs to the Lingayat community of Karnataka, was recently in the news when he was the appointed to probe the lapses in the sale of 2G spectrum by the telecom ministry. Justice Patil will take over as the top anti-corruption official of Karnataka at a crucial time, when the state government is trying to play down the report on illegal mining.
His party colleague and successor in the telecom ministry A Raja and his relative Kanimozhi are currently in Tihar jail in connection with the scam.
The government has so far received about Rs 26,000 crore from AGR payments, including adhoc/ buffer amounts given by telcos to meet any reconciliation differences with the telecom department.
HITS is a new cable-distribution platform that is similar to the direct-to-home service. It allows distribution of digital-quality cable channels via satellite to cable operators at one go. For consumers, it means access to quality cable channels via a set-top box at reduced monthly rates, while for the cable industry, it means faster and cost-effective digitalisation.
In order to increase teledensity, particularly in the rural areas, the telecom ministry is planning to put in place common facility, like towers, which could be shared by private players, Union Minister for Telecommunications and IT, Dayanidhi Maran
If there is one single fault among the common people, it is the willingness to send the same kind of people time and again to Parliament and tolerate the venal ways of the people appointed to serve the citizens, says Mahesh Vijapurkar.
The Ministry of Home Affairs in the past has raised concerns on increasing FDI in telecom sector.
The ministry wanted to use spectrum in the 700-MHz band for mobile TV services.
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 Cellular Operators Association of India, the lobby of GSM players, has already petitioned telecom tribunal TDSAT challenging the government's decision to alow dual technology for mobile services and also spectrum allocation norms as suggested by the telecom regulator Telecom Regulatory Authority of India.
Over eight years after third generation (3G) mobile technology made its commercial debut in Japan, Indian phone users got only a taste of official flip-flop on roll-out of the service during 2009 that also saw CBI raiding telecom ministry over spectrum allocation.
The Department of Tele-communications is close to allocating start-up spectrum in seven more circles, in addition to Tamil Nadu, where the process is set to begin next week. According to the telecom ministry's plan, the companies would get 4.4 MHz each and the allocation would be completed within a fortnight.
The government has ordered internet companies to block 67 pornographic websites following court orders and for violating the new IT rules that were issued in 2021.
Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.
Vodafone Idea's (Vi's) search for a lifeline has turned longer and tougher even as it continues to lose customers and delay vendor payments. Vi's much-needed Rs 1,600-crore fundraising plan got stuck due to the government's silence on picking up a proposed 33 per cent equity in the financially stressed telco. The development spells further trouble for the company, which has an overall debt pile of Rs 2.2 trillion, including hefty dues to the government.
Reliance Communications (RCom) has paid Rs 1,651 crore as licence fee to start pan-India GSM operations.
The apex body of CDMA operators, has shot off a letter to the telecom ministry alleging that the GSM operators were given spectrum "way beyond their licences".
Prime Minister Narendra Modi on Thursday reviewed the preparedness to deal with the situation arising out of the likely formation of Cyclone Jawad that is expected to hit the North Andhra Pradesh-Odisha coast and directed officials to take every possible measure to ensure that people are safely evacuated.
Vodafone Idea (Vi) is in continuous talks with network vendors to finalise its 5G rollout plans, Vodafone Idea CEO Akshaya Moondra said. "We are in early stages of 5G deployment. "5G is an important development and we are keeping our eyes on it," Moondra said on Wednesday in a post-result analyst call. Already five months behind rivals Jio and Airtel in the 5G race, Vi's efforts will be on the deployment of 5G in target geographies.
The government is likely to extend fiscal incentives for production of toys, bicycles and leather and footwear in the forthcoming budget as it looks to expand production linked incentive (PLI) scheme to cover more high-employment potential sectors, sources said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, food products, high efficiency solar PV modules, advance chemistry cell and speciality steel. The scheme aims to make domestic manufacturing globally competitive and create global champions in manufacturing, and it is yielding solid results, sources said.
Vodafone has to sell its entire stake in Airtel following new norms issued by government.
Given the security dilemma prevailing between India and China, India should curb the operation of Chinese telecom companies in India, asserts Dr Rup Narayan Das.
'Our mandate is to work in a transparent manner, keeping two objectives in mind - consumer interest and growth of the telecom sector.'
Ringing Bells has said the manufacturing cost of the phone is about Rs 2,500.
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.
Modi called for timely evacuation of those involved in off-shore activities.
Reliance Infocomm has asked the government to reconsider the penalty imposed on it on charges of illegal routing of international calls, saying the telecom ministry's action was "misconceived and unjustified."
Before the pandemic hit the world and led to shutdowns, the company had received nearly half a dozen offers. But bidders are now withdrawing. They want to reassess the situation. They want to conserve cash and avoid acquisition.
After the Union comptroller and auditor-general saying there'd been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for new allocations has strong clauses for cancellation for breaches on this count.
On Monday, the ministry issued two orders, one directing video sharing platform YouTube to block the 20 channels and the other, for blocking of the news websites.
'If the airlines are not given a clear deadline to change the altimeters by the DGCA, why should they do it voluntarily?' 'It means that the aircraft will be grounded for a while and lose money.'
The telecom to look at opportunities to acquire another firm in India.
The price offered is about a quarter of the value set by the govt in an auction that was scheduled for March 2013 but never took place.
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:
Total foreign direct investment into India rose 2 per cent to the "highest ever" $83.57 billion in 2021-22 on account of various measures like policy reforms and ease of doing business taken by the government, the commerce and industry ministry said on Friday. Total FDI comprises equity inflows, reinvested earnings and other capital. In 2020-21, the inflow stood at $81.97 billion. It was $74.39 billion in 2019-20 and $62 billion in 2018-19. "India has recorded the highest ever annual FDI inflow of $83.57 billion in 2021-22," the ministry noted in a statement.
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