Taking advantage of the RBI's different accounting year, the Centre had started demanding an interim dividend till the time the latter's final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI's financial year with that of the government.
The network has been built by six telcos to handle high bandwidth demands of emerging technologies and applications.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Essar group is in talks with international bankers to raise about $5 billion (over Rs 20,000 crore) by leveraging its 33 per cent stake in Hutch-Essar, the country's fourth-largest mobile player in which UK's Vodafone recently acquired majority stake
Hutchison Telecom International Limited, which recently sold its 67 per cent control in mobile service provider Hutchison Essar to Vodafone, has filed a caveat in the Bombay high court requesting that it be made a party to any suit by the Ruias.
With slower than expected growth in smartphone penetration, operators and OEMs are joining hands to provide affordable mobile devices with attractive offers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
Lord MacLaurin, chairman of Vodafone, has said the mobile phone company's sponsorship of the England team would be jeopardised if the squad toured Zimbabwe next year.
.jpg)
Big brands are keen to tie up with IPL for advertising purposes.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
USAID looks forward to working with each to make financial inclusion a long-lasting and sustainable reality in India.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.
Till now, Jio was primarily targeting the prepaid customer base, with only a few post-paid plans. Now, it is targeting post-paid customers, who usually spend over five times their prepaid counterparts and are more company-loyal.
A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
India's tax authorities began investigating Cadbury in 2011.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Pepe has blasted the Liga club's fans as "unenthusiastic", contrasting the hushed atmosphere of the Santiago Bernabeu stadium with the cauldron of noise he is now exposed to with Turkish champions Besiktas.
Off-spinner R Ashwin is matching Indian batsmen at their game
Your weekly round-up of the top tech news.
Performance is considered a major reason why Ravi Shankar Prasad might have had to leave telecom.
Ajay Piramal bets highly on infrastructure, realty
The smartphone is priced at Rs 9,199.
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India can attract significant FDI, says experts.
.jpg)
Cairn India said it has always been fully compliant with all Indian income tax laws.
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
The freebies are now over, but Jio will need to notch up subscriber numbers and margins to prove its sceptics wrong.
Kolkata-born British author Neel Mukherjee's latest novel The Lives of Others, set in troubled Bengal of the 1960s and centres around a dysfunctional family, has been shortlisted for the prestigious Booker Prize 2014, in its debut as a global literary award.
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.
SSTL is the second operator after Vodafone that has approached FIPB for raising FDI limit.
Airtel already offers services in Sri Lanka, Bangladesh and 17 African countries apart from India.
'He was capable, concise, calm, sublime, and profound, and perhaps that's also why Irrfan's passing felt 'personal' to many.'
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
An undergraduate program is not just about academics.
Cairn joins a slew of multinational firms including Vodafone Group Plc and Royal Dutch Shell Plc that have been slapped with retrospective tax demands by Indian authorities.
The move came as the country badly needs capital inflows as the rupee comes under pressure
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances