Though most foreign banks appear reluctant to establish a subsidiary here, Citi is the only bank that has so far communicated this to the regulator, in writing.
States to come under DIPP watch on ease of doing business.
Intermediaries, TPAs will also benefit, but investments will be under 26% FDI cap
Rationalisation of reserve prices in the ongoing spectrum auction helped the government to get Rs 40,000 crore of bids on the opening day.
A daily ceiling of Rs 3 translates into maximum annual penalty of Rs 1,095 for every subscriber.
Telecom Regulatory Authority of India has recommended up 62 per cent reduction in base price of premium 2G spectrum and up to 37 per cent in case of radiowaves freed from the cancellation of 122 licences, compared to the amount fixed for previous auction.
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
Why has Sushant Jain, the owner of Ghantewala, the famous sweet shop in Delhi's Chandni Chowk, sent Yash Raj a legal notice?
Tata Sons and Singapore Airlines (SIA), which recently received a no-objection certificate from the ministry of civil aviation to start a full-service airline (Tata-SIA Airlines), are in the process of securing an import licence for 20 Airbus A320 aircraft.
They say new rules that make over-billing by private hospitals a criminal offence will hurt their ability to treat patients properly, says Subir Roy.
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BBC director Francesca Unsworth says havigna global product is need of the hour
A handful of online retailers have started offering alcoholic beverages through the e-commerce route since then. Letsbuydrink.com caters to Delhi, Gurgaon, Faridabad and Mumbai and offers imported alcoholic beverages for sale.
While the draft M&A policy for the telecom sector has been revised a few times over the past few months, DoT has not made any major changes to guidelines.
Finnish phone maker Nokia may have to exclude its Chennai plant from the $7.2 billion deal with Microsoft if tax issues facing the India unit are not resolved by next week.
It will escalate costs, mandate regulator to check malpractices, set standards.
Even a doomsayer like Nouriel Roubini says India is in a sweet spot. If only we'd live up to the promise, says Shekhar Gupta.
The marketplace was simply not conducive to the extension and evolution of broadband networks, particularly for less dense rural markets, so connectivity and services suffered.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
DoT committee rejects most Trai suggestions for freeing airwaves for sale.
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With Civil Aviation Minister Ashok Gajapathi Raju favouring such checks, the Directorate General of Civil Aviation has prepared a monthly programme of surveillance of airports as well as of all schedule, non-schedule and general aviation companies, foreign airlines and the aviation wings of state governments, they said.
The persistence with Aadhaar, to the exclusion of all other identity systems, is a dangerous path and should be avoided if the risks of digital vulnerability are to be eliminated. Till such time that the ownership of the Aadhaar system is transferred to an independent body, concerns over Aadhaar's digital vulnerability will persist, says A K Bhattacharya.
Surendra Hiranandani -- chairman and managing director, House of Hiranandani -- explains what ails India's housing sector and indicates the way forward.
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
The government will get an additional revenue of 20 per cent from the auction of the 1,800 MHz and 900 MHz bands of spectrum, based on the Telecom Commission's recommendations, compared with those of the Telecom Regulatory Authority of India (Trai).
Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.
Both Airtel and Vodafone claim they did everything possible to resume services.
Adjusted gross revenue of the industry has grown just 5.3 per cent during the financial year ended March 31
Nestl is facing its worst crisis ever. Can it learn from its peers?
Chief Minister Arvind Kejriwal on Friday accused BSES discoms of trying to "blackmail" the government by threatening power cuts upto 10 hours a day, and warned them of strict action including possible cancellation of licenses.
Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.
'If your data is hacked you cannot go to court. Only UIDAI can go to court.' 'UIDAI is lying that Aadhaar is completely secure.'
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
The United States on Wednesday expressed concern over punitive action taken by the National Democratic Alliance government against scores of non government organisation, asserting that a vibrant civil society was important for democratic traditions and that those who act peacefully to seek change are not anti-government.
Value investor Parag Parikh's sudden death has come asa big jolt to the fraternity.
Bharti Enterprises Group CFO Sarvjit S Dhillon said there is more clarity on the regulatory front now, which is a good sign for the industry.
India will have to deal with the question of whether broadband service providers are 'common carriers', like highways.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.
