New Delhi: The CEOs of five telecom companies on Saturday wrote a joint letter to Kapil Sibal seeking an 80 per cent cut in the spectrum reserve price. The CEOs included Sanjay Kapoor, Marten Pieters, Himanshu Kapania, Sigve Brekke and Arvind Bali. In the letter, the CEOs warned high spectrum price will lead to 25-30 per cent tariff hike. They also sought all available spectrum to be auctioned. They warned...
02:28 PM, Apr 28, 2012
Telecom regulator TRAI on Monday proposed a steep minimum price for auction of 2G telecom spectrum, setting off fears of a hike in mobile phone tariffs which are at present among the cheapest in the world. The regulator, whose recommendations are not binding on the government, valued 2G spectrum at about Rs 7 lakh crore, nearly seven times more than Rs 1.04 lakh crore that the government had received through...
09:15 AM, Apr 24, 2012
New Delhi: Prime Minister Manmohan Singh on Friday said remunerative energy prices are essential for expanding supplies but at the same time governmental and regulatory oversight are essential. "The government has initiated gas-pricing policy reforms to incentivise production of natural gas. We are conscious that remunerative energy prices are needed to ensure expanded energy supplies," Prime Minister said at the Asia Gas Partnership Summit here. "At the same time, oil...
11:22 AM, Mar 23, 2012
New Delhi: For the second time in as many months, Telecom Minister Kapil Sibal on Tuesday met chiefs of leading operators, including Sunil Bharti Mittal, Anil Ambani and Vodafone's Marten Pieters, to discuss various contentious issues such as spectrum pricing, allocation and one-time fee. "All the operators conveyed their views on various issues which are also a part of regulator TRAI's recommendations on 'Spectrum Pricing and Framework'. The minister will...
06:24 PM, Jan 24, 2012
New Delhi: Seeking clarity on pricing of spectrum and allocation, CEOs of five top telecom operators including Bharti Airtel, Reliance Communications and Idea Cellular will be meeting Telecom Minister Kapil Sibal on Tuesday. The high level government-industry interaction would take place for the second time within less than two months. The industry leaders, including Sunil Bharti Mittal, Anil Ambani and Kumar Mangalam Birla had met Prime Minister Manmohan Singh on...
08:17 AM, Jan 24, 2012
New Delhi: Seeking clarity on pricing of spectrum and allocation, CEOs of five top telecom operators including Bharti Airtel, Reliance Communications and Idea Cellular will be meeting Telecom Minister Kapil Sibal on Tuesday. The high level government-industry interaction would take place for the second time within less than two months. The industry leaders, including Sunil Bharti Mittal, Anil Ambani and Kumar Mangalam Birla had met Prime Minister Manmohan Singh on...
08:04 PM, Jan 23, 2012
New Delhi: Passenger car owners will not have to pay a higher price for diesel as Union Finance Minister Pranab Mukherjee on Saturday said that there were no proposals for introducing dual pricing for diesel. "There are no proposals for introducing dual pricing for diesel," he said while addressing a CII function on two decades of Economic Reforms. It's a clear turnaround from his statement in Parliament where he had...
07:19 PM, Aug 06, 2011
Farmers protested against sugarcane pricing policy of the state government. ...
04:23 PM, Dec 01, 2009
A three-member bench of SC is hearing Krishna-Godavari gas dispute. ...
02:24 PM, Nov 17, 2009
Ambani brothers meet in SC over pricing of gas from Krishna Godawari basin. ...
09:05 AM, Oct 20, 2009
Finance Bill 2009 introduced certain amendments in transfer pricing provisions. ...
02:23 AM, Jul 07, 2009
Here is a verbatim transcript of the exclusive interview with JP's Bhavin Shah. ...
03:03 PM, Mar 12, 2009
The DGCA says it will will come out with directives on transparency in pricing. ...
12:48 AM, Feb 13, 2009
Increased diesel costs would mean costlier maintenance. ...
03:49 PM, Oct 06, 2008
Fertilisers minister Ram Vilas Paswan called RIL gas price "unreasonable". ...
07:18 PM, Sep 14, 2007
displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
