Advisors slammed as “cynical and self-serving” a move by French media group Vivendi to force Telecom Italia to name a new board after a majority of directors resigned.
India requires more of fiber network to increase bandwith delivery and better internet speed to the people, TRAI Chairman R.S. Sharma said.
Calling for digital security and sovereignty, Telecom Secretary Aruna Sundararajan said this will lead individuals to have autonomy, control and security of their data.
The government approved the formation of a wholly owned subsidiary company of Telecommunications Consultants India Ltd (TCIL) in the US for ICT related work.
India and China would hold bilateral discussions here next week on ways to further boost trade ties between the countries, Commerce Minister Suresh Prabhu said.
Union Minister Manoj Sinha said the new telecom policy is almost ready and will be brought in the next session of Parliament after a Cabinet nod.
The Department of Telecom amended licence norms of service providers to increase number of instalments for spectrum payments and radiowaves frequency holding limit.
Shareholders will vote on the matter at a meeting called for April 24.
Telecom regulator Trai said it hopes to finalise in about a month the recommendations on promoting telecom equipment manufacturing in the country.
A special CBI court here discharged Dayanidhi Maran, his brother Kalanithi and other accused in the "illegal" telephone exchange case.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months