The Telecom Ministry, which has sought a legal opinion on cancellation of some telecom licences for failure to meet roll-out deadlines, on Friday said the process of issuing notices over 35 licenses will be completed by March next year.
UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a USD 1 billion refund resulting from the scrapping of a retrospective tax law.
Rs 3,050-crore penalty on Airtel, Voda Idea gets nod. Final decision will be taken by DoT.
To young professionals I would say, work hard, play hard and not be constrained by fads like WLB, says Sudhir Bisht.
'Uddhav has told the cops to crack down hard on the MNS agitation if MNS activists try to vitiate the communal harmony in the state.'
In July 2012, TDSAT gave split verdict where one of the bench member ruled in favour and other member ordered against it.
In the aviation sector, 100 per cent FDI is allowed under automatic route for MRO (maintenance, repair, overhaul), ground handling, and aircraft purchase.
Ahead of the coming auction of 2G telecom spectrum, the government has decided to allow all players to bid for all bands.
Telcos in line of fire over call drops, inflated bills
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
A barrage of requests by security agencies to a leading telecom company for telephone tapping led it to say a polite no even to the country's premier external intelligence agency Research and Analysis Wing.
Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs 73,878 crore of net loss in fiscal ended March 2020 -- the highest ever by any Indian firm -- after it provisioned for Supreme Court-mandated statutory dues. The firm, which has to pay Rs 51,400 crore dues after the apex court ordered the non-telecom revenues to be included in calculating statutory dues, said the liability has "cast significant doubt on the company's ability to continue as a going concern".
The Telecom Commission, which is the highest decision making authority within the Department of Telecommunications, on Wednesday, accepted the recommendations of the Telecom Regulatory Authority of India on full-fledged mobile number portability.
The government may be waiting for the outcome of an arbitration initiated against its levy of Rs 10,247 crore retrospective tax on UK's Cairn Energy Plc before deciding on appealing against losing a tax case against Vodafone Group, sources said. An international arbitral tribunal is expected to give a decree within next few days on Cairn Energy Plc's challenge to the Indian government seeking Rs 10,247 crore in retrospective taxes. If the arbitration award in the Cairn cases goes against India, the government has to pay the British firm over Rs 7,600 crore to reverse the dividend and tax refund it had ceased and shares it sold to recover part of the tax demand.
The proposal gains significance because the merger plan was given a quiet burial under former telecom minister A Raja.
Former Telecom Minister A Raja chose not to cross-examine today a key Central Bureau of Inmvestigation witness' testimony in the 2G spectrum case in a Delhi court saying he would wait till another accused to confront the witness.
The prime minister's office on Sunday dismissed suggestions that Prime Minister Manmohan Singh had sought to look the other way in issuance of controversial 2G spectrum licenses and said suggestions had been made informally to the Department of Telecom to ensure that there was level-playing field between the existing operators and new entrants.
The decision is likely to bring additional amount of about Rs 1,500 crore or Rs 15 billion (including interest) in the books of MTNL as refund from government for the pension that the PSU paid to its employees.
Newer telecom operators and dual technology entities are opposing the department of telecommunications (DoT)'s decision to ask the Telecom Regulatory Authority of India (Trai) to give its view on whether the price of spectrum being offered in the coming 2G auction should be valid for 10 years instead of 20 years.
A three-judge bench headed by Chief Justice S H Kapadia asked the company to file its representation before the IT department.
RIM says it cannot provide access to the BlackBerry Enterprise Solution as it does not possess any key and the security architecture is the same around the world.
The minister said the companies have given representation which is being examined by the DoT before taking a final decision.
Delhi High Court says it can do so under the TRAI Act, rejects petitions filed by telecom associations.
The income tax department has moved the Supreme Court stating that private telecom service providers are liable to deduct tax at source for the payments made to state-owned BSNL and MTNL for inter-connectivity.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
Handset firms Karbonn and Lava International launched their smartphones, while Maxx Mobiles introduced its feature phone targetted at the rural market.
The new rules are aimed at providing a strong impetus to the industry and positioning India as one of the most competitive IT jurisdictions in the world.
The government will send notices to 85 companies asking why their licences should not be cancelled for suppressing facts, said Telecom Minister Kapil Sibal on Monday.
Reliance Industries, which holds pan-India 4G telecom spectrum for data services, has applied for a licence to offer mobile telephony.
Former Telecom Secretary D S Mathur on Tuesday told a Delhi court that he did not find the Department of Telecom officially processing some key letters on the 2G spectrum allocation issue, exchanged between Prime Minister Manmohan Singh and erstwhile Telecom Minister A Raja.
Terming unsolicited calls by the telemarketers as a "menace", Minister of State for Telecom Sachin Pilot said the government will soon put a complete curb on such calls and SMSes.
Long before he launched Paytm, Vijay Shankar Sharma, a 32 year old from Aligarh, embarked on his ambitious entrepreneurial journey.
Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.
In a relief to the incumbent telecom operators, who have more than 6.2 MHz spectrum, the department of telecom (DoT) on Friday clarified the retrospective fee on spectrum beyond 6.2 MHz would be calculated based on the 2001 auction price, indexed to the prime lending rate (PLR) of a state-owned bank.
The Delhi high court on Wednesday questioned actress-environmentalist Juhi Chawla for directly filing a suit against the setting up of 5G wireless networks in the country without giving any representation to the government on her concerns related to the technology.
The Government had earlier asked the operators to take security clearance before buying any key telecom gear.
Supreme Court had asked the government to issue RCom a NoC for spectrum sale to Reliance Jio Infocomm by December 9 if it furnishes a corporate guarantee of Rs 1,400 crore
The Union Cabinet on Wednesday approved revision in guidelines for providing direct to home (DTH) services in the country under which licenses would be issued for 20 years, Union minister Prakash Javadekar said. The Union Cabinet has also approved 100 per cent FDI in the DTH broadcasting services sector, Javadekar said, adding that while the commerce ministry had spoken of 100 per cent FDI in the DTH sector, the guidelines of the information and broadcasting ministry needed to be changed.
Mobile subscribers from May 3 will be able to port their numbers anywhere in the country.
