The central government has relaxed foreign direct investment (FDI) norms for Air India, which is currently undergoing divestment. According to the revised norms, foreign airlines are permitted to invest up to 49 per cent in […]
The Jaypee Group has restructured its outstanding foreign currency convertible bonds (FCCBs) after renegotiating with investors, including Goldman Sachs and Deutsche Bank. The deal allows the conglomerate to delay its debt obligation by about four […]
The National Investment and Infrastructure Fund (NIIF) and Dubai-based port operator DP World have set up a platform to invest in ports, terminals, transportation and logistics businesses in India. The platform, NIIF’s first, will invest […]
The central government, the Uttarakhand government and the World Bank board signed a loan agreement worth Rs 7,662.6 million ($120 million) for the Uttarakhand Water Supply Programme on January 22, 2018. The programme will help […]
The Uttar Pradesh government has approved the development of metro rail systems in three cities – Agra, Kanpur and Meerut – at a total investment of $7.39 billion. The estimated investment for projects in Agra, […]
The Karnataka government has approved Bangalore Metro Rail Corporation Limited’s proposal to develop the Airport Metro Line in Bengaluru. The line will span 29.62 km from Nagawara to the Kempegowda International Airport, covering seven stations. […]
Tata Projects Limited and Israel-based Watergen signed an MoU for the development of two atmospheric water generator drinking water pilot projects in India on January 15, 2018. Watergen will provide technology support to the pilot […]
Kadamba Transport Corporation Limited (KTCL) has launched a pilot of the first fully electric bus in Panaji in Goa. Hyderabad-based Goldstone Infratech Limited has supplied the eBuzz K9 model at a cost of Rs 24.5 […]
Chennai Metro Rail Limited (CMRL) has commenced trial runs on the 2.5 km long underground section on Corridor 2 of the Chennai metro, Phase I. The section connects Nehru Park and Chennai Central, covering two […]
Shriram EPC Limited won an EPC contract worth Rs 840 million from the Drinking Water and Sanitation Department, Jharkhand, for the Rural Water Supply Scheme of DWS Division, Dhanbad, on January 23, 2018. The scope […]
The Department of Telecommunications (DoT) will present the draft of the new National Telecom Policy, 2018 (NTP, 2018), before the cabinet in April 2018. Further, the DoT will soon make the draft available for public […]
In a meeting held with telecom operators to review the call drop situation, DoT has directed operators to complete the installation of additional towers, small cells and towers on wheels by March 2018 as per […]
The Telecom Commission, which is scheduled to meet on February 21, 2018, is likely to take up TRAI’s recommendations on net neutrality and spectrum allocation in E-bands (71-76 GHz and 81-86 GHz) and V-bands (57 […]
TRAI has reduced termination charges for international incoming calls to wireline and wireless connections by 43 per cent from Re 0.53 per minute to Re 0.30 per minute. The new rate has come into effect […]
TRAI in its recommendations on in-flight connectivity (IFC) has suggested the use of mobile telephony and internet services during air travel. As per the recommendations, the services can be used through satellite and terrestrial networks. […]
TRAI has issued a consultation paper on the method of spectrum allocation for public mobile radio trunking service (PMRTS), including auctions, as a transparent mechanism. In the consultation paper, TRAI has asked stakeholders to share […]
The government has formed a high-level committee, headed by Aruna Sundararajan, secretary, DoT, to review the procedure for sharing of infrastructure for utilities such as water pipes and telecom cables. The panel also comprises secretaries […]
TRAI has released a white paper on the measurement of wireless data speeds to suggest the way forward that requires initiatives by and support from various stakeholders that can help in accomplishing the objectives of […]
TRAI has warned Reliance Communications (RCOM) of punitive action if the operator failed to refund users’ money for unspent prepaid balances and security deposits of its mobile subscribers after shutting down its wireless operations. Earlier, […]
TRAI will start independent drive tests in the Delhi service area including Ghaziabad, Noida, Gurugram and Faridabad cities of all telecom service providers offering cellular services starting mid-February 2018. The tests will be conducted for […]
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