While Reliance has the clout to negotiate prices with suppliers for its e-commerce, not to forget the cost advantage of integrated warehouse and supply chains, Amazon and Walmart are no pushovers, they too have deep pockets.
the Company Affairs Ministry has come out in support of Essar by asking FIPB to change guidelines that allow greater say to the Indian partner in the consultative process.
The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.
During the first four months, mobile phone users saw a net increase of nearly 43.8 million, data of the Ministry of Industry and Information Technology in Beijing said.
The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
Department of Telecom is considering to move a Cabinet note suggesting that telecom companies with no foreign direct investment should be allowed to have foreign chief executives.
The department of telecom is considering a proposal to reduce the license fee and spectrum charges of telecom players to 2-3 per cent from the current six per cent in the Approach Paper of Planning Commission's 11th Five Year Plan.
The Home Ministry had asked the department of telecommunication to ensure access to all encrypted data, including that of international players such as Blackberry, Skype and even Gmail.
The government on Friday put on hold the preferential market access (PMA) policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers over security concerns.
The seven states of north-east are all geared up to become the next IT hub of the country.
A senior official from the department of telecommunications (DoT) confirmed that Telcordia has been given 'conditional clearance' by the ministry of home affairs and MNP will be launched on January 20.
Sibal said the government will have enough radio waves for all operators after it is released from the defence services as well as the cancellation of 122 2G new licences by the Supreme Court in the 2G spectrum allocation case.
The move by the government to make local language support a must in mobile phones is aimed at making users communicate in local languages and access government services
A major Chinese telecom firm has won an over $5 million contract in post-war Iraq, despite facing "some resistance" from the US-led provincial authority, the state media reported on Tuesday.
RailTel Corporation of India Ltd, a telecom and IT wing under the ministry, has selected the four railway stations for providing wi-fi connectivity. Within the next couple of weeks, passengers will be able to use their laptops at these stations, said senior officials of RailTel. The move is aimed at providing high-speed internet connectivity at railways stations. RailTel also plans to install wi-max facility to provide connectivity to remote railway stations at a later stage.
Telcos say tests were done in the known problematic areas of Delhi-NCR, where operators face issues in obtaining cell sites.
Telecom PSUs BSNL and MTNL will launch their broadband services throughout the country on 15th of January 2005 at Rs 500 per month.
Discussions are on in government about how to make the process simpler for the poor and more cost-effective for telecom operators, says Subhomoy Bhattacharjee.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.
This is despite expectations of a stormy session, given the unresolved standoff on the Opposition's insistence on a Joint Parliamentary Committee probe into the telecom spectrum controversy.
The department of telecommunications has finalised its proposal to use the UID numbers for issuing new connections and detailed guidelines, including the activation procedure, will be issued shortly.
The department of telecommunication is expecting defence ministry to soon vacate the spectrum for mobile services, including 3G, as discussions with the armed forces are in final stages, a senior ministry official said on Wednesday.
The Department of Telecom gearing up for the 3G spectrum auction as per schedule on January 30 and has left it to the Cabinet Committee on Economic Affairs to take a call on the reserve price for a pan-India 3G licence.
Apple has been lobbying hard for exemption from the mandatory 30 per cent local sourcing.
In a letter sent to DoT last week, a senior ministry official said the Rs 1,650 crore did not reflect the current value of spectrum, the radio waves that enable wireless communications.
Dravida Munnetra Kazhagam MP Kanimozhi on Thursday sought the dismissal of a Central Bureau of Investigation plea seeking special court's permission to summon some additional witnesses, including Enforcement Directorate Deputy Director Rajeshwar Singh, in the 2G spectrum allocation case.
The connectivity will not only improve delivery of government schemes but will also empower people, he said while talking to reporters on the sidelines of the Pravasi Bharatiya Divas in New Delhi.
Across 10 prominent services, revenue to the government reduced by 20 per cent in the first year of GST compared to the last year of the service tax regime. This happened despite tax liability against these services growing by 50 per cent in one year.
The 5G road map pursued by India should not only move the country forward but also result in progress of weaker sections of society.
Ravi Shankar Prasad in a review meeting of MTNL earlier this month had pulled up officials for poor network quality and slow pace of network roll-out.
Finance ministry is understood to have reservations on the ownership of minority stakeholders in Hutchison-Essar and is likely to raise the issue at the FIPB meeting.
Since he handled telecom, mining, shipping and transportation industries, we are looking into all his activities at the ministry. This could possibly be a case of industrial espionage," a senior police officer of the special cell, involved in the case's investigation told rediff.com.
An officer involved in the probe told rediff.com that his interrogation had led to another man by the name of Vineet, a businessman from West Bengal who is believed to have been acting as a middle man between the telecom company and Singh.
The government has set a deadline of March 31 for telecom operators to provide an interception solution for BlackBerry enterprise services.
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
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