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DoT’s order to states on tower sealing

DoT’s order to states on tower sealing

The Department of Telecom (DoT) has asked states to refrain from sealing mobile towers or disconnecting power supply to them without the permission of its unit, TERM cell, on account of radiation related issues.

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BSNL needs Rs 40,000 crore in 5 years

BSNL needs Rs 40,000 crore in 5 years

BSNL in an estimate said that it needs to invest around Rs 40,000 crore in the next five years to become profitable. In order to retain its market share, BSNL is required to provide 182 million connections by 2017-18,

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Shipping Min set to abolish TAMP

Shipping Min set to abolish TAMP

In a bid attract more investment in the port sector the Ministry of Shipping is finally coming out with a decision to remove Tariff Authority of Major Ports (TAMP) control over major ports in this month end, a senior ministry official said here today. The move is one of the reform processes towards the de-regulation.

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Recoverable gas reserves set to rise

Recoverable gas reserves set to rise

According to a research note by Macquarie Research, the hike in the natural gas price could boost India's recoverable gas reserves manifold. The note quoted global consultants IHS-CERA to say that the nation's producible gas resources will rise to 80 Tcf at $8 gas price. Meanwhile, union petroleum Minister M Veerappa Moily said over 3 Tcf of gas discoveries are lying to be exploited. These have not been declared commercial by our

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Govt to develop financial markets to attract investment

Govt to develop financial markets to attract investment

Media reports indicate that the government may take steps to develop financial markets in the country, as part of its economic reform drive. In this regard, the government may launch financial instruments intended to encourage foreign sovereign wealth funds to invest long-term money in India. The Indian government is desperately trying to attract foreign investment into the Indian financial market in order to bridge the high current account defic

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Not yet out

Not yet out

Despite the current slowdown, the long-term outlook for the port sector continues to be strong, especially because of increasing demand for coal, containers, crude oil and POL, fertilisers, and steel. The government also has taken into cognizance the issues impacting the sector