Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
Telcos may hike mobile rates to recover spectrum cost: Moody's
Trai's move is seen as a relief for the debt ridden sector and the industry body COAI expects that continuing with six paise mobile call termination charge will not have any impact on consumers as operators have already absorbed this charge in their recently increased mobile call and data rates.
Price of put option to be assessed for future sale.
Govt's revenue estimates may take hit on spectrum sharing, trading deals
The stake, which is valued at Rs 8,200 crore at the company's current market capitalisation, will be sold by one of the group companies of Bharti Enterprises.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Regulator has suggested a lower reserve price even in service areas where spectrum was sold in November 2012.
Ambani's $15 bn bet will upend Indian telecom
Four Tech Mahindra employees approached the labour commission in Karnataka
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
PwC wants to know what will happen when a company with substantial reserves is merged into a new concern and the resultant entity is converted into a limited liability partnership.
'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'
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