Manoj Sinha will retain his current role in the railways.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
CBDT circular issued last month had raised multiple taxation concerns.
Jio has accused incumbent telecom operators for not providing the required number of equipment to connect its mobile network with theirs
However, the government is readying a relief package and it could include a cut in the licence fee to 5 per cent, two years' moratorium on paying spectrum charges with interest, and referring the GST tax refund issue to the Council.
Sunil Mittal's Bharti, in which British telecom firm Vodafone has 10 per cent stake, said on Thursday it is yet to hear a final word from the UK-based operator on its plans to buyout Hutchison Telecom's stake in Indian joint venture Hutch-Essar.
Raises cap of market share for merged entity to 50%, spectrum trading allowed, with riders.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
One tenth mobile subscribers in India own multiple mobile phone connections, says a report.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India and the US should not get into any lengthy investigations for business related concerns.
The move came as the country badly needs capital inflows as the rupee comes under pressure
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
'I hope the trend is sustainable and that economic activity accelerates going forward.'
New government should consider reforming taxation rules.
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
SC raised questions over the government's decision ordering mandatory seeding of mobile numbers with Aadhaar.
The petitioner said the companies were increasing the prices just to earn huge profit. Companies like Bharti Airtel had posted an annual profit of more than 90 per cent, the NGO said.
Total revenue dropped by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18
The race for India's fourth largest mobile phone company Hutch Essar Ltd intensified on Wednesday with the arrival of Vodafone CEO Arun Sarin in India.
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
Mobile operator Hutchison Telecom, taken over by global giant Vodafone, has doubled its customer base while earnings and revenues swelled over between 50-55 per cent last year.
Kataria, 49, an IIT-XLRI alumnus, was quick to implement a number of initiatives during the Covid-19 crisis including launching D2C initiatives such as mobile stores, WhatsApp messaging, video calling and home deliveries. Kataria was also swift to recognise that stay-at-home consumers were keen to buy informal rather than formal footwear, launching new collections quickly to take advantage of this trend, says Viveat Susan Pinto.
A day after Vodafone announced its $11.1 billion acquisition of Hutchison's equity holding in Hutch-Essar, India's fourth largest mobile service provider, it received an unsolicited advice from the Egyptian CEO of Orascom, Naguib Sawiris.
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
Successful bidders will have to pay 25 per cent of the amount upfront for sub 1 GHz, and 50 per cent upfront for higher frequency bands.
One of India Inc's top demands is the abolishing of the MAT.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.
Arun Sarin, the former chief executive of telecom giant Vodafone, who was reportedly in the race for the CEO post at Internet major Yahoo has decided not to accept the offer, says a media report.
Reliance Jio test launched its services last December, but dates for commercial launch has not been announced.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
The government must rein in its tax officers.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
Telecom operator Vodafone and Star India announced a tie-up on Thursday through which the broadcaster's sports telecasts can be viewed on mobile phones, which was welcomed by former India captains Kapil Dev and Sourav Ganguly in Mumbai.
The SC had reserved its verdict on a bunch of similar petitions.
Despite the uncertainty surrounding the future of the Unique Identity (UID) project, or Aadhaar, the Reserve Bank of India (RBI) is testing a mobile-based payments system linked to this platform.
Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
