Spectrum auction is unlikely to be held this fiscal due to delay in recommendations over pricing from the regulator Trai, official sources said. The government had pegged revenue from communication services, that include upfront realisation from spectrum sale and licence fee, at Rs.42,865.62 crore for the current fiscal.
Category: ECONOMY & POLICY
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Call drops worsen during July-Sep quarter: Trai
Telecom operators have failed to curb the incidence of call drops in the country. The quarterly data issued by the Telecom Regulatory Authority of India (Trai) shows that while the incidences of call drops for 2G services marginally worsened, for 3G services it increased from a figure of no location to 3.23 per cent of the total locations surveyed.
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Greening infrastructure for healthier cities
Recent discussions in media and academia on the status of the Green Belt around Bangalore, in the revised Master Plan for 2031, indicate that better options for keeping adequate green components in urban systems are needed.
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Govt eases VGF norms for grid-connected solar projects
The government has decided to ease norms for releasing viability gap funding (VGF) under a scheme for setting up 1,000-MW grid-connected solar projects by central PSUs and other government organisations.
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Cairn India Limited results for Q2FY16 ended 30th Sep, 2015
Net revenue for Q2FY16 was reported at Rs.2,242 crore, which declined 15 per cent QoQ mainly due to fall in crude prices and increase in discount to Brent for Rajasthan crude. Average Brent prices fell 18 per cent QoQ to $50.5 per barrel driving our average oil realization down by 22 per cent QoQ to $43.7/bbl.
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Experience and expertise
Indus Towers, the world´s largest telecom tower company, has announced the appointment of Bimal Dayal as the Chief Executive Officer-Designate with immediate effect.
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Scaling NEW Heights
Sharad Mehrotra has been named as the new Chief Executive Officer (CEO) of Telenor for the company´s India operations. Mehrotra will succeed Vivek Sood who has been appointed Executive Vice President and Chief Marketing Officer in Telenor Group.
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Trans-Harbour Link: Maharashtra govt to contest NGT´s decision
The Maharashtra government has decided to challenge the National Green Tribunal´s decision to suspend the mandatory coastal clearance to the Mumbai Trans-Harbour Link (MTHL), granted in 2013, in the Supreme Court.
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Prabhu asks PSUs to undertake more rail projects
Railway Minister Suresh Prabhu asked all PSUs under the ministry to undertake more rail projects, while ensuring best practices in tendering process and transparency in their functioning.
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Lava to set up Rs.500 cr manufacturing facility in AP
In line with ´Make in India´ initiative, domestic handset vendor Lava will invest Rs.500 crore to set up a manufacturing plant in Tirupati. Prime Minister Narendra Modi laid the foundation stone for a dedicated mobile handset