The Kerala Industrial Infrastructure Development Corporation (KINFRA) has obtained approval from the Union Government to set up a Special Economic Zone (SEZ) for IT/ITES at the KINFRA Film and Video Park at Kazhakuttam, Thiruvananthapuram. The investors in the park will be eligible for various tax and duty concessions and there will be no need for a special licence for imports.
Category: Technology
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Collateral Damage
The Supreme Court’s recent verdict to strike down 122 telecom licences in the much-debated 2G case resembles like an earthquake whose aftershocks are felt well outside the epicentre: Heads will roll but as a oblique, rather than direct, consequence of the shake-up.
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TEMA bats for domestic equip
Citing the national security, the lobby of Indian telecom equipment manufacturers has suggested induction of domestic equipment in the telecom networks.
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Telecom M&A norms relaxed
The Telecom Commission has accepted Trai's recommeÂndations to reÂlax rules for merÂgers and acquiÂsitions (M&As) in the sector and allow specÂtrum-sharing among telcos, paÂving the way for consolidation in the 14 player market. It is also open to the regulator's proÂposal to levy a one-time fee on operators for holding speÂctrum beyond 6.2 MHz.
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Mobile tower roll-out slow
The pace of roll-out of cellular towers has declined significantly to just 8,000 a year compared with 14,000 in the previous financial year. According to data available with the Department of Telecom, over 40,000 new towers were added in 2009-10. While there were 3.47 lakh towers on March 2011, this is expected to move up to 3.55 lakh by the end of the current year, a growth of only 2.3 percent.In comparison, the year-on-year growth rate in 2008 was over 60 percent.
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Siemens EPC foray for solar PV plants
Siemens announced its entry into sustainable and innovative engineering, procurement and construction (EPC)solutions for solar photovoltaic (PV) plants in India. Siemens'portfolio of EPC solutions for solar plants includes the unique Power Ratio Guarantee.
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New coating technology improves performance
Since the late 1990s, coatings on bearing rollers provide wear resistance, debris resistance and friction reduction for demanding customer applications. However, more than a decade of intensive research and development resulted in a new coating technology that expands the performance of rolling element bearings well beyond previous limits, says Gary L Doll.
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Ericsson, Airtel in tie-up
Ericsson has bagged a multi-million dollar deal to manage Bharti Airtel's mobile network in 15 circles.
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Telecom Ministry for liberal M&A guidelines
The Communications Ministry favours liberal M&A norms to encourage consolidation in the market.
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Telecom sector demands infrastructure status
Telecom operators associations COAI and AUSPI met senior Finance Ministry officials to seek 'infrastructure' status for the sector, a tag which will make access to credit easier for them.