Even more curious, while the law says foreigners can have only up to 74 per cent equity in a telecom firm in India, the 3G Information Memorandum says foreigners can bid without having Indian partners if they win the bid, they can then set up an Indian firm and comply with the rules.
Policymakers should correct the self-created imbalances caused by the hesitant and lopsided integration with the rest of the world.
Marat Safin's swan song hit another sour note at the Montreal Masters with a 6-2, 3-6, 6-2 first round defeat by Frenchman Gael Monfils on Monday.
Addressing a hurriedly called press conference to clear his position in the wake of Left parties demanding a probe, alleging Rs 60,000 crore (Rs 600 billion) loss to the exchequer in spectrum allocation, the minister said that Trai recommendations were followed in letter and spirit.
The Communist Party of India (Marxist) has demanded an enquiry into what it alleges is a Rs 60,000 crore (Rs 600 billion) financial scam involving the manner in which 2G spectrum was allocated by the ministry of communications.
So far, most of those horrified by the dramatic evidence that surfaced last week of Telecom Minister A Raja's largesse on 2G spectrum costing the nation $10bn (that on 3G will probably cost another $5bn) have comforted themselves with one thought: maybe the Telecom Dispute Settlement and Appellate Tribunal, which is hearing the case, will conclude the policy changes were illegal and smacked of favouritism.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Written by experts in management, business and strategy, these books promise to be inspiring, informative and educational. Some of them may even be fun reads.
The file 'Swan Amended 04 May 05.doc' was created on May 16, 2005 at 1748 hours and was last accessed on the same day, the chargesheet said.
After the merger between the two national carriers -- Indian (formerly Indian Airlines) and Air India, the merged airline will have its first flight from Mumbai to New York on August 1, said Union Civil Aviation Minister Praful Patel.
CBI on Monday submitted a list of five witnesses, including Anil Ambani, who are scheduled to be called for recording of their statements before the court.
Any hopes of a Happy New Year will evaporate for Manchester United manager Louis van Gaal if his side fail to beat struggling Swansea City at Old Trafford on Saturday.
It is mood music conforming to the sentimental nature of the story that sets the album apart.
The board finally gives into the demands by activist investor Carl Icahn.
The long list has been dominated by the 'Davids' - a new generation of novelists who have yet to become household names.
The CMM was appointed as commissioner to record 84-year-old Ammal's testimony by a Special CBI Court, holding trial in the case, in the wake of the Supreme Court's direction.
The 60,000-seat arena will host its first Test after a rich 47-year run at the nearby WACA, located on the opposite bank of the SwanRiver, and the grassy drop-in wicket unveiled on Thursday has fuelled anticipation of a pace bowler's paradise.
The Supreme Court has asked the CBI to place before it the "files and notings" which purportedly suggest that its Director Ranjit Sinha wants stopping of whole trial against Reliance Telecom Ltd (RTL) and three top executives of the Reliance ADAG, who are accused in the 2G spectrum scam case.
A special Central Bureau of Investigation court on Monday issued a non-bailable warrant against Dravida Munnetra Kazhagam MP Kanimozhi, facing trial in the 2G spectrum case, for non-appearance only to cancel it in less than an hour after her counsel appeared before the court and apologised for the same.
A good deal of the 92nd Academy Awards (going hostless second year in a row) was a drag what with a staggeringly dull red carpet, long-winded, lacklustre speeches and uneven live acts following too quickly one after another.
Any NGO critical of the government is unlikely to receive a green signal. The new amendment will leave NGOs vulnerable to harassment. It was the NGO sector that helped provide compassion and food to millions of people during the lockdown. The new Bill will render such cooperation and camaraderie impossible in future, observes Rashme Sehgal.
Soon after a special CBI court acquitted all those accused the 2G spectrum allocation case, Somesh Jha spoke to DB Realty Managing Director Vinod Goenka at the crowded Patiala House premises.
Cricket Australia still in the dark over Australia vs India day-night Test
Dravida Munnetra Kazhagam MP Kanimozhi on Thursday sought the dismissal of a Central Bureau of Investigation plea seeking special court's permission to summon some additional witnesses, including Enforcement Directorate Deputy Director Rajeshwar Singh, in the 2G spectrum allocation case.
Daily wagers are running out of resources, including ration and cash, and the state governments might not be able to sustain their needs for a longer period of time, given the lockdown has already been extended until May 3.
Did you blink? There was a total eclipse of the moon on Saturday -- and it was an unusually short one.
Defeat always seemed likely for West Brom, who are bottom of the Premier League and sacked their chairman and chief-executive on Tuesday.
Earlier in the day, the prime minister inaugurated a slew of development projects and laid foundation stones of several others related to energy, connectivity, education, tourism and health sectors.
Karvy expects individual wealth in India to grow to Rs 558-lakh crore at a CAGR of 12.9% over the next five years.
Manny Pacquiao will return to the ring for a possible swan song next April to take on American Timothy Bradley for a third time, the Filipino's promoter told Reuters on Wednesday.
With dreams of European glory in tatters, Manchester United, Chelsea and Tottenham Hotspur turn their attention to the FA Cup quarter-finals this weekend clinging to their last chance of silverware this season.
Sukanya Verma celebrates 25 years of Bollywood images.
The sprawling Ashram founded by arrested self-proclaimed godman Sarathi Baba alias Santosh Raula in Odisha's Kendrapara district was officially evaluated at Rs 4.48 crore.
You must watch The Sky is Pink just for Priyanka Chopra, applauds Sukanya Verma.
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