Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
Bharti chairman Sunil Mittal MTN group president and CEO Phuthuma Nhlek had met Finance Minister Pranab Mukherjee on Monday. The two telecom majors extended the deadline for exclusive talks for their proposed $23-billion deal to the end of next month recently.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
At the heart of the issue is the way e-commerce is defined in the current draft policy.
Can the finance minister manage our expectations, asks A K Bhattacharya.
With the amendment, firms like EY and Deloitte can work as resolution professionals instead of only their partners enrolling as insolvency professionals.
Telecom companies as well as the regulator have been of the view that the auction should take place only when adequate spectrum is made available, and the bidding should be held simultaneously for both the services -- 2G and 3G.
A bench, headed by Chief Justice K G Balakrishnan, sought the responses of the Ministries of Home and Telecom and the state government within two weeks. The petition, filed by Jammu and Kashmir National Panthers Party on November 5, had challenged the ban and sought an urgent hearing on the matter.
The inter-ministerial battle over spectrum for 3G telecom services has intensified, with the department of telecommunications (DoT) rejecting a claim by the ministry of defence (MoD) that it has not accounted for 10 MHz of spectrum given to DoT at the end of October in the information memorandum (IM). This document provides potential private bidders with details on the auction process slated for January 14, 2010.
Income Tax Department has slapped fresh tax notice on Nokia India, tax authorities said.
Stressing the need for coal sector reforms, the presentation said, "Independent regulation of coal sector becomes essential to ensure that e-auction remains competitive, to fix formulae for price revision for long-term fuel supply, to fix trading margins and to improve exploitation and allocation of available resources.
Orange and the French Ministry of Foreign and European Affairs will award 10 scholarships to engineering students who wish to pursue a specialised Masters degree in France.
In a major relief to stressed assets, the Cabinet approved the proposed IBC amendment that the licences, permits, concessions, and clearances for a corporate debtor cannot be terminated or suspended or not renewed during the moratorium period. The Cabinet also allowed amending the code to streamline the corporate insolvency resolution process and protect last-mile funding to boost investment in financially distressed sectors.
Industrialist Anil Ambani on Wednesday met key ministers and senior government officials in New delhi, a day after he accused the Union oil ministry of helping the Mukesh Ambani-run RIL renege its commitment on supplying gas to his group firm.
Finance minister Pranab Mukherjee met telecom minister A Raja and defence minister A K Antony on Monday in an effort to resolve the issue, highly placed sources said, adding that there was no consensus on the spectrum slots to be auctioned.
Will help the government expand mobile and broadband penetration in the country
Vodafone's long-pending tax dispute with the government might be heading for a resolution, with the finance ministry considering changing the Income-Tax Act's retrospective amendment and taxing indirect transfer of assets prospectively from 2012, the year the law was clarified.
The PM said looking at what the world is going through, this (lockdown) was the "only way left."
The ministries and departments, where bureaucrats are parked after being moved out of key positions, reflect the priorities of the government.
The government has asked the Telecom Regulatory Authority of India (TRAI) to speed up its responses on the allegations that Reliance Communications (RCom) has violated revenue reporting norms. The government will also appoint a special auditor to scrutinise RCom's books.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
The instructions followed monthly review of the progress of eight major infrastructure sectors -- Civil Aviation, Ports and Inland Waterways, Railways, Roads, Telecom, Power, Coal, and New and Renewable Energy.
Massive relief and rescue operations have been launched in Manipur where a strong 6.8 magnitude earthquake on Monday claimed nine lives, shattered buildings and caused panic.
Reliance Communications (RCom) has served legal notice to the government on allocation of additional spectrum to existing GSM operators.
Eight FDI proposals worth Rs 1,311.54 crore (Rs 13.11 billion), including that of Norwegian telecom firm Telenor, have been cleared by the government on the basis of FIPB approvals.
The Ministry of Information and Broadcasting runs various awareness programmes for the citizens leveraging the Internet and the social media.
The union government has decided to reconsider the cap on foreign capital investment in the information and broadcasting sector, the Rajya Sabha was told on Wednesday.
Telecom minister A Raja, who has retained the portfolio he held in the previous United Progressive Alliance government, said bringing down mobile tariffs to 10 paise a minute for local calls and 25 paise a minute for STD calls would be on top of his agenda during his second tenure. In India, at present local call rates vary from 40 paise to Re 1, and national call rates from Re 1 to Rs 2 a minute.
India is looking at 5G technology as a major opportunity in terms of offering services tailored for rural India like telehealth, tele-education and bandwidth-heavy applications
Vodafone is locked in twin tax disputes with the government.
The I-T department had said Vodafone India under-priced shares in a rights issue to its parent. The tax demand was for the two financial years ended March 2011.
RComm will get GSM spectrum along with other players like Vodafone, Airtel and Idea. This move will bring RComm actively in the GSM field.
Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.
'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.
The government is likely to refer the controversial issue of Blackberry mobile phones to the Telecom Commission to decide whether operators can continue offering this service. The issue of Blackberry was raised after Tata Teleservices recently said they have been denied the permission to offer this value added service by the Ministry of Home Affairs due to security concerns. Telecom operators like Bharti Airtel, Vodafone & Reliance are offering Blackberry services to users.
The auction has so far got bids worth Rs 1.07 lakh crore.
The members could include National Security Advisor M K Narayanan, the secretary, Department of Telecommunications, and the secretary, Ministry of Defence.
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
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