The move to launch two new premium products back-to-back is significant since it marks the first attempt by Amul to trade up its portfolio.
"To use this spectrum, BSNL has gone for a franchise model on a revenue-sharing basis. As per the provision of expression of interest and agreement signed with the franchisee companies, they are required to pay amortised value of spectrum/ cost to BSNL on monthly basis," Minister of State for IT & Telecom Gurudas Kamat said in a written reply to the Lok Sabha.
Rising competition and costs are likely to keep profitability of brokerage firms under pressure, leading to consolidation.
Richa Chadha will play southern sensation Shakeela in her next.
The MNP service was introduced on a pilot basis in Haryana on November 25, 2010 and later rolled out pan-India from January 20 this year.
The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.
It was also sequentially higher than in March, when 8,700 Nanos were sold.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
Gen Rawat said, while addressing a gathering at a health summit, leaders emerge from crowds but are not those who lead people in 'inappropriate directions'.
The NRC has been discussed neither in Parliament nor in the Cabinet, Modi said on Sunday.
On October 23, the top court said people in the country can only burst firecrackers from 8 pm to 10 pm on Diwali and other festivals. It also allowed the manufacture and sale of just "green crackers" which have low emission of light, sound and harmful chemicals. The apex court carved out an exception for Christmas and the New Year's Eve, saying crackers on these days could be burst between 11.55 pm and 12.30 am since the celebrations start at midnight.
Anil Dhirubhai Ambani Group company Reliance Life Insurance has been awarded a high rating in customer satisfaction for the third year in a row, according to a survey.
60 photo-journalists are currently exhibiting their works at the Lalit kala Academy in New Delhi. Anisha Ralhan picks the eye-catchers
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
In a development that has huge financial implications for existing as well as new operators, the Telecom Regulatory Authority of India has recommended fixing the price for 6.2 Mhz of pan-India start-up 2G spectrum at Rs 10,972.45 crore (Rs 109.724 billion), more than six times the present cost of Rs 1,658 crore (Rs 16.58 billion).
'Around the same time, I watched Rock On!! where those guys have that midlife crisis.' 'They are busy with their corporate jobs and then they want to start singing again.' 'Seeing that, I got a boost.' 'I felt if I don't give acting a full chance again, I will regret it.' 'So I decided to quit my job and pursue acting full time.'
However, he also emphasised that the issue of who will be the prime minister can be settled after the 2019 polls by grand alliance members collectively.
Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day.
Bharti Airtel on Thursday submitted its bid for 3G spectrum, auction for which starts from April 9.
Its entry into the broadband wireless segment could add $1 billion to profits.
Industry experts have mixed reactions on the results: While some are happy that no company has spent around Rs 16,750 crore (Rs 167.50 billion) for a pan-India licence, some lament that lack of coverage will result in long-term competitive disadvantage.
Pranav Adani has come a long way since 1999, when he first got actively involved with the Adani Group's businesses, run by his uncle, Gautam Adani.
Finance Minister Arun Jaitley on Thursday brushed aside concerns of Parliament's upcoming monsoon session being disrupted over the Lalit Modi controversy, saying some people may be relevant to TV channels but not to governance.
'Fire and Water are the two opposing elements.' 'One can destroy the other.' 'But if they come together and create steam, the force generated can run the motor of the world.'
Leading telecom players like RCom, Tatas, Vodafone and Idea Cellular failed to bag a single circle for Broadband services, saying the BWA spectrum price was too high to make a viable business case.
'The police is there to protect Indian citizens, but now we have cops entering the hospitals and ransacking even the ICUs.'
Salman Khan mobbed by his fans when he landed in Hyderabad to promote his soon-to-be released film, Dabangg.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
Taggle Internet Ventures, a Bangalore-based Internet company which offers an online group buying platform, on Tuesday said it would offer a 50 per cent discount on a range of gold and diamond jewellery in India.
Jet Airways is keen to improve its market share
'Kamal Nath and Digvijaya intentionally ignored Jyotiraditya's presence'
The 3G spectrum auction evoked an excellent response from mobile operators on day one on Friday, with the reserve price of Rs 3,500 crore (Rs 35 billion) for pan-India operations escalating nearly 12 per cent to Rs 3,913.81 crore (Rs 39.138 billion).
Sun Television Network and the Delhi-based Network18 Group today announced an alliance to launch a pan-India distribution entity, to be called Sun18. The aim is to make this new entity a dominant presence over the next two years in the Rs 16,000-crore pay television subscription market.
One of India's leading chain of hotels, ITC on Tuesday said it plans to open 25 hotels pan-India in next twelve to eighteen months under its flagship brand Fortune, a top company official said.
Mukesh Ambani-led RIL on Tuesday said its newly acquired internet arm Infotel has paid Rs 12,847.77 crore (Rs 128.477 billion) it bid for pan-India Broadband Wireless Access spectrum.
First time director Krishnan Gomatham Seshadri can't stop gushing about the whole experience.
Further, pan-India readiness is required for the proper implementation of call routing, according to the service providers who had met DoT officials recently. The operators also mentioned that due to delay in completion of various activities, it would be difficult to meet the timelines for MNP implementation.
After 3G auctions, analysts worried over the likely rise in debt and pressure on margins
The Indian government has emerged as the biggest winner.
