'A foot-in-mouth disorder seems to grip the government, and is growing chronic by the day,' says Sunil Sethi.
The arrest of three foreigners in connection with a case relating to possession of satellite phones once again goes on to show the lacklustre approach many have towards the Indian law. Three persons were arrested at Jalpaiguri in west Bengal for possessing satellite phones and were charged with violation under the Indian Wireless Telegraph Act 1933, Indian Telegraph Act 1885, the Indian Penal Code and the Foreigners Order of 1948.
With the Telecom Regulatory Authority of India (Trai) refusing to reserve 900-MHz spectrum for incumbent telcos, asking them to vacate the quantity held and win back through bidding, GSM operators, led by the Cellular Operators Association of India (COAI), have decided to propose a compromise formula.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Unions will 'fight to death' if company 'decides' to shut Chennai factory.
Rahul Khullar, Trai chairman beleives politicians and corporates who own media houses should give freedom to editors.
A daily ceiling of Rs 3 translates into maximum annual penalty of Rs 1,095 for every subscriber.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
An industry of scamsters is operating in the guise of call centres in India.
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