Foreign reinsurance companies are now allowed to do business in India.
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
Move follows a spate of international regulatory enforcements on Indian drug firms.
Are the big five using their dominance to shut out rivals? That is the key question, says Prosenjit Datta.
The big companies too are responsible for the sub-standard drugs in the market.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
A DoT panel has backed net neutrality and made some recommendations to push the cause
India's willingness to play a big role in the manufacturing and to allow some of those vaccines to go to other developing countries will be an absolutely critical part of containing the pandemic, said Gates.
Ponzi schemes have characteristics that the informed investor can spot easily.
The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular
We need a change in mindset, says the RBI Governor.
Over 20 years, connectivity has massively expanded. But 50,000 villages have been left behind.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
Analysts say the Sun Network's fundamentals may be sound but the troubles faced by Maran have caused a lot of volatility.
The operating profit growth rate of mobile service providers is expected to double in next two years buoyed by increase in call rates and clarity in policy, credit rating agency CRISIL has said.
Charging NGOs like Greenpeace with violating Indian laws, the RSS on Sunday called US as "the global police of democracy" and questioned its defence of the two organisations.
Raises cap of market share for merged entity to 50%, spectrum trading allowed, with riders.
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
Telecom operators, including Reliance Jio, have been demanding "same service same rules" regime which means that mobile applications providing calls and messaging services should also be made to comply with set of rules that are mandatory for mobile service providers.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Manoj Sinha, earlier minister of state for railways, will be tasked to conduct the auction and deal with issues like net neutrality.
Reliance Infra-backed BSES discoms on Tuesday criticised the Delhi government for recommending to power regulator Delhi Electricity Regulatory Commission to revoke their licenses, saying the proposal was "arbitrary" and "illegal" and will be a huge setback to power sector reforms.
Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.
The suspicious van was wanted over the terror attacks and was taken into custody at Sungavila.
It would be perfectly possible for a rogue customer to disconnect a call and then claim compensation.
Reliance Jio saw fall in speeds from 7.2 mbps in September to 6 mbps in October, according to CLSA report.
According to a study, the change in frequency for transmitting mobile signals could cost the telcos over Rs 1 lakh crore (Rs 1 trillion) cumulatively.
Navratri and Onam saw flat sales, but industry hopes to turn the corner with a cracker of a Diwali.
If a feasible business model is worked out for cable operators, they will not only build the last-mile networks, but also market them among the local population telling people the benefits as well as how to utilise them
A liberalised spectrum allows operators to use any technology to deliver services like 3G and 4G.
Former Telecom Minister Dayanidhi Maran, his brother Kalanidhi Maran and six others, including four companies, were on Friday chargesheeted by the CBI in a special court in the Aircel-Maxis deal case arising out of the investigation in the 2G spectrum allocation scam.
Kotak Mahindra Bank to have a 19.9% stake in the proposed banking venture.
SSTL is the second operator after Vodafone that has approached FIPB for raising FDI limit.
The rush for prohibition and the Supreme Court's decision to ban liquor sales within 500 metres from highways have hurt companies.
Trai calls both Jio and incumbents for a meeting to discuss the issue
The Department of Telecom has postponed the next spectrum auction to February 3 from January 23 amid pending issues, including spectrum usage charges, and a demand from operators seeking more time.
The GST to be implemented from April 1, 2016, will increase the premiums.
Reliance Infra-backed BSES discoms have sought Rs 450 crore "dues" from Delhi government and the Municipal Corporation of Delhi to overcome their immediate "financial difficulties" and avoid black outs in 70 per cent areas even as the AAP dispensation maintained it will not adopt a "lenient" approach in dealing with the firms.
The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.
