The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.
While it gives clarity on one regulatory issue, the financial burden increases for the sector.
Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.
The two-part trend for blockbuster films was started by S S Rajamouli.
'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.'
Co-lending deals between non-banking financial companies (NBFCs) and banks are likely to rise after the Reserve Bank of India's (RBI's) decision to increase the risk weight on consumer credit, industry leaders and experts say. Smaller NBFCs, they add, may increasingly opt for co-lending as capital markets could become costlier for them. "Smaller NBFCs will be more comfortable with co-lending because they are geography-specific in terms of industry or customers.
The commission has disagreed with another key proposal -- that of allowing operators a deferred payment scheme after the auction.
Former India cricketer and selection committee chairman MSK Prasad was on Thursday named as strategic consultant by Indian Premier League franchise Lucknow Super Giants.
Amidst the controversy on the issue of entry fee for the 3G spectrum, the country's largest telecom company BSNL on Tuesday said it was against any 'abnormal' charge for the third generation mobile spectrum.
Even as the policy on spectrum for 3G services is yet to come, State-run BSNL has sought additional spectrum for introducing the advanced third generation mobile services in the country.
With seven million new subscribers, India accounted for the highest net addition of mobile subscriptions globally in the second quarter of 2023, according to the August edition of Ericsson Mobility. Among national markets, India was followed by China with five million and the US with three million subscribers. The subscriber penetration in India, however, stood at 79 per cent, compared to 120 per cent in China, the report said.
Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said it expects to roll out 5G services in select pockets within 6-9 months of raising fresh capital. Its chief executive Akshaya Moondra said rollout of the modern 5G telecom services is one of the objectives of raising the capital from the public and once the funding comes, it will start work on the rollout. "With this round of funding, we believe we will be able to (come) back to participate in the industry growth which has not been possible," he said.
He said that the telecom ministry is in discussions with finance ministry and GSM operators to work out new charges for additional spectrum beyond 6.2 MHz. The minister also said his ministry is also talking to finance ministry on the issue of relaxing borrowing norms for aspiring 3G spectrum bidders.
The auction started off with the 36th round this morning. At the end of 35 rounds on Friday, bids worth around Rs 54,600 crore had been received by the government.
The government is learnt to be preparing fresh plans to auction telecom spectrum that can fetch around Rs 39,895 crore.
India's largest-ever spectrum auction kicked off on Saturday with major telecom operators placing bids worth Rs 53,531 crore across bands, even as the premium 700 Mhz and 900 Mhz frequencies did not find any buyer.
A department of telecommunication official said the deferment has been made after taking into consideration the concern of the prospective applicant companies during the pre-bid conference on December 23. A prospective domestic 3G applicant, however, said the deferment might have been due to absence of foreign telecom operators in the pre-bid conference, thus forcing the government to give some more time to them.
The solution required operators to accept, in the interim, the industry regulator's recommendation suggesting a major increase in subscriber numbers for service providers to qualify for additional allocation of spectrum, the radio frequencies that enable wireless communications.
Communication Minister A Raja on Thursday asked the Telecom Commission, which is responsible for policy formulation, licensing and wireless spectrum management among other things, to review the annual spectrum charges that service providers pay as licence fee.
Tata Teleservices on Wednesday became the second major CDMA operator, after Reliance Communications, to get GSM radio frequency under the dual technology along with other new telecom players.Tata Teleservices has been given start up 4.4 MHz GSM spectrum in Tamil Nadu along with five new telecom players, company officials said.
The government on Tuesday started allocating GSM spectrum to new telecom players, commencing with the Tamil Nadu circle including Chennai, in a move that would infuse more competition in the mobile telephony space.Five new players -- Videocon-promoted Datacom, Idea Cellular, realty major Unitech, Swan Telecom and Loop Telecom -- have been given start-up 4.4 MHz GSM spectrum in Tamil Nadu circle.
There are 29 licences in 18 service areas which will expire in 2015-16.
Star javelin thrower Neeraj Chopra on Thursday lauded World Athletics' decision to award USD 50,000 to all its gold-medallists in the Paris Olympic Games and said he would like to see such incentive being given in other global competitions as well.
KKR will look to iron out their flaws and get the better of a misfiring Mumbai Indians during their IPL match on Friday.
Communications Minister A Raja on Monday told Parliament that there was no "contractual agreement" between government and telecom operators to allot spectrum beyond 6.2 MHz, a move that could hurt GSM players like Bharti, Vodafone and Idea Cellular. Raja also ruled out auctioning of spectrum saying this was not feasible based on previous experiences, especially in 1993 when operators were not able to fulfill their roll out obligations.
As per the initial proposal, DoT had sought 60 days time to start auction from the date cabinet decides on the spectrum base price and the NIA was to be issued after 15 days of the decision.
The Department of Telecommunications' Wireless Planning and Coordination arm has moved a note to issue start-up spectrum of 4.4 MHz to four leading service providers offering GSM technology, whose applications have been pending from December 2006.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
According to reports, CAG has sought details from the department of telecommunication on the total available spectrum in the country and how much has been allocated to private telecom operators from 2000 onward and at what value.
In its 143-page report, the committee headed by retired Justice Shivraj Patil, has also said there is a need for a comprehensive new legislation for the telecom sector like in other countries.
Vodafone had in December last year sought extension of its licence period for Delhi, Mumbai and Kolkata circles, which are coming up for renewal in November 2014.
The government has 97 blocks of 1.25 MHz spectrum each, which DoT can put on the block in the third round.
The government on Wednesday accepted spectrum review committee's recommendation of allocating additional frequency to existing GSM operators based on TRAI's subscriber linked formula and in multiples of 1 MHz.
Two regional CDMA players - HFCL in Punjab and Shyam Telecom in Rajasthan - have deposited fee for their GSM spectrum as per the dual technology permitted by the government. HFCL deposited Rs 151.75 crore (Rs 1.51 billion) for Punjab circle, while Shyam gave about Rs 32 crore for the Rajasthan circle.
The recommendations of the commission will now be put before the empowered group of ministers headed by Finance Minister P Chidambaram for a final decision.
Upping the ante in the ongoing spectrum war, Reliance Communications chairman Anil Ambani has shot off a missive to the Department of Telecommunications (DoT), accusing GSM operators of having cornered spectrum under the valuable 900 MHz.
The Cellular Operators Association of India, the lobby of GSM players, has already petitioned telecom tribunal TDSAT challenging the government's decision to alow dual technology for mobile services and also spectrum allocation norms as suggested by the telecom regulator Telecom Regulatory Authority of India.
For Uninor, it is more important to serve customers better in existing circles rather than going for pan-India operations.
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.
RComm will get GSM spectrum along with other players like Vodafone, Airtel and Idea. This move will bring RComm actively in the GSM field.
