A group of officials from the National Treasury and the South African Reserve Bank ) are in India to meet officials from the finance ministry, Reserve Bank and market regulator Securities and Exchange Board of India to discuss regulatory matters related to the deal.
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.
Analysts at rating agency ICRA say the debt level of the telecom companies is very high and the ecosystem for the premium band is not in place.
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
The Telecom Regulatory Authority of India is recommending the cancellation of sports broadcaster ESPN STAR Sports' downlinking licence for non-compliance with the DTH platform's pricing formula.TRAI's proposed action follows its direction and a show cause notice to ESPN Software India in the last two months asking it to fall in line with its DTH pricing formula.
Cable TV operators can register under the Cable Television Network (Regulation) Act, 1995, to provide Internet Protocol Television services without requiring any licence, the Telecom Regulatory Authority of India has said. In its recommendations, TRAI has also said that the IPTV operators are required to register as cable operators to provide services in the country.
"We always prefer long-term regulatory policies as we have to plan our businesses for long-term," Arun Sarin, the outgoing CEO of UK-based Vodafone Group, one of the world's largest mobile operators, said here.
Bharti Airtel, the country's largest mobile operator, has already joined the global Seamless Alliance to provide in-flight connectivity.
Ask for file notings on dual spectrum, new licence issues.
The department of telecom (DoT) on Friday announced a set of rules for granting telecom licences and allocating spectrum that is likely to impact GSM-technology service providers like Bharti Airtel and Vodafone Essar, among others.
State-owned Mahangar Telephone Nigam's (MTNL) ambitious drive to become a major player in the internet protocol TV (IPTV) services sector is facing a roadblock. IPTV is a technology that uses telephone lines to provide TV programming to viewers.
They should keep themselves out of the race for the time being and wait for a better time, suggests a recent report by research firm Strategy Analytics. Foreign operators like AT&T, Deutsche Telecom, NTT Docomo and others who have been eyeing the domestic market for a long time now finally got a chance to enter world's fastest growing telecom market but looking at the current 3G auction policy, it is advisable for them not to participate in the race, it said.
The Telecom Regulatory Authority of India's (Trai) decision to stop issuing new licences for district-level operators or category 'C' players has effectively shut the door on smaller Internet service providers (ISPs) interested in setting up shop. Those who have moved on to category 'B' or state-level operations, too, are feeling the heat as they have to compete with the likes of Reliance, Bharti Airtel, BSNL, VSNL and Sify.
After the quality of service regulations for cable operators in CAS-notified areas, Telecom Regulatory Authority of India has recommended a slew of service obligations for Direct-To-Home operators.
Indian entrepreneurs who made global acquisitions are bullish since they've achieved margin expansions which were even higher than what they'd originally anticipated, and global managements have accepted Indian shareholders very well.
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
In a strong pitch for limiting cut-throat competition, GSM operators have urged the government to limit the number of telecom operators per circle.
Bogged down by regulatory issues and lack of earning opportunities in smaller towns, the 30-odd private FM radio companies may not participate in the third-phase expansion of private FM radio mooted by the government. In the third phase, government will issue licences for 680 FM radio stations across 237 cities in the country, mostly very small towns like Achalpur, Bettiah and Churu.
Around four months ago, GoAir had returned two aircraft to lessors as a part of its "dynamic fleet strategy" that involved inducting more aircraft in the peak season and letting go in the lean season.
Whether this happens because DGCA actually cares about the future of the national carrier or for other motives is not clear.
The Reserve Bank said overseas investors, including FPIs and NRIs, can invest up to 26 per cent in insurance and allied activities through the automatic route.
'Tinkering will not do. Merely staggering spectrum dues comes nowhere near solving the problem,' cautions Rahul Khullar.
The agriculture ministry, in the last few weeks, issued guidelines and letters to states to ensure agriculture and food products reach consumers in a timely manner, while farmers don't have to come to the mandis to sell them.
Uber and Ola continued to operate in New Delhi while their licence applications were pending approval.
Every political party loves to use the bait of loan waiver to woo the electorate. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal Bandyopadhyay.
Anil Ambani-controlled Reliance Capital Ltd is all set to start life insurance business with regulator IRDA approving the acquisition of Chennai-based AMP Sanmar Life Insurance Ltd.
At present, other large players in the grocery and food retail space include Flipkart Supermart, Bigbasket, and Grofers.
Move will usher in competition in the sector with entry of new players.
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
For the October-December quarter, Kingfisher reported a net loss of Rs 822.42 crore (Rs 8.22 billion).
DoT plans to initiate move that might lower the revenues telcos share with government.
India has a unique window of opportunity to effectuate long-lasting structural change in its banking sector, says Riju Agrawal.
Recommending technology neutrality, the Telecom Regulatory Authority of India on Friday said Internet service providers should be allowed to use any medium, including fiber and radio to provide services.
The spat between cable TV operators and broadcasters continues despite the appointment of Trai, with the cable service providers accusing Trai of being helpless in reining in broadcasters and calling for a licence regime to control the channels.
Hardening its stand on the issue, the Delhi government has recommended power regulator Delhi Electricity Regulatory Commission to revoke the license of Reliance Infra-backed power distribution companies if they fail to pay dues to NTPC and resort to long outages in large parts of the city citing fund crunch.
