The social media giant had launched a public campaign to defend its platform.
Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.
Trai's regulatory intervention was supposed to stimulate the market, but the latest order seems quite on the contrary, asks Nivedita Mookerji.
Govt has decided to allot spectrum to telecom players holding Letters of Intent on the basis of who was the first to deposit licence fee.
Although the apex court's opinion on the Presidential reference comes at a time when the floppy bidding route for coal blocks is being criticised, it will not come in the way of allocation of natural resources through auctioning.
Chandrasekaran, who is the co-recipient of this year's USIBC Global Corporate Leadership Award, also said it is possible to have a limited deal between India and the US before the elections there in November if both sides work together to get something done and not try to solve all issues at once.
India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
Seeking urgent steps by mobile operators to check call drops, regulator TRAI on Wednesday said their performance would be reviewed after 15 days and warned it will "cross the bridge" if they fail to do the needful.
Airtel and Vodafone Idea are also trying to expand the penetration of 4G users in their subscriber base as they take this network to the hinterland
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
Amongst the top 10 sectors, telecom received the maximum FDI of $2.47 billion
Retail, telecom, media and a host of sectors in which foreign direct investment is restricted stand to gain from changes in FDI policy that the Cabinet Committee on Economic Affairs cleared on Wednesday linking approvals to the concept of control for the first time.
According to the guidelines, a unified licence will have three levels -- national, service area and district.
The broader 50-issue NSE Nifty dropped 38.35 points, or 0.38 per cent, to close at 10,186.60
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
Traders are waiting for the earnings season to kick off.
Government has been trying to get rid of the impression that it is caught in "policy paralysis".
The Telecom Regulatory Authority of India's decision to enforce stricter norms on unsolicited calls and text messages may well be a boon in disguise, feel organised mobile marketing companies.
The government is currently also revising its MSIPS policy to extend its mandate apart from making it more investor friendly.
It has made everything public in the name of 10 lakh comments it got on draft net neutrality proposals.
Move to impact joint ventures in telecom, insurance, broadcasting.
It will also file a review petition on Friday, which, while not challenging the cancellation of licences, will seek a reconsideration of the court's declaration.
DoT and the company have not done anything that breached the guidelines mentioned in the notice inviting applications for the auction of the BWA spectrum in 2010, it stated in a reply to CAG's draft audit report.
Rival operators' lobby to approach Delhi High Court.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Modi told the probationers to have a 'sensitive' and 'humane' approach to the job.
A day after welcoming the decision to increase competition in the long-distance telephony by cutting levies, integrated telecom major Bharti on Friday said it will take up the issue of "level-playing" field vis-à-vis new players with the government.
On the volume side, the number of M&A and PE deals was 110 in July, 15 per cent lower from 130 in July 2018.
While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
'BSNL employee cost is Rs 14,500 crore and we anticipate that around 80,000 should opt for VRS.'
A panel headed by Economic Affairs secretary Arvind Mayaram had suggested FDI limit be raised to 49 per cent in almost all sectors through the automatic route.
"Legal and other policy issues have to be considered by legal experts and related to policy about return or non-return of spectrum. But every megahertz of spectrum has to cost somehow," the committee, headed by additional secretary in the Department of Telecom R Bandhopadhyay, said in a note. At present, mobile operators get start-up spectrum virtually free as it comes bundled with the licence. Companies need to pay Rs 1,651 crore (Rs 16.51 billion) for a pan-India licence.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
The two-day nationwide strike called by central trade unions to protest the Centre's alleged anti-worker policies evoked mixed response all over country on Tuesday.
Telecom Minister Ravi Shankar Prasad on Thursday offered to discuss the issue of call drops and poor service by state-owned BSNL and MTNL in the Rajya Sabha.
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
ICICI Bank topped the Sensex gainers' chart, spurting 5.09 per cent, followed by L&T, Bharti Airtel, Vedanta and Tata Motors, rising up to 4.60 per cent.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
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