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India needs to resolve tax issues with MNCs: Bill Gammell

May 19, 2014 at 12:46 | Source: Economic Times

LONDON: India's new government needs to resolve taxation issues dogging multinational companies if it wants to encourage foreign direct investment, said Bill Gammell, who retired last week as chairman of Cairn Energy. "I think it is recognised that I...

ZTE Corp fears its chances of payback from Loop Mobile are low

May 17, 2014 at 05:22 | Source: Economic Times

MUMBAI/NEW DELHI: ZTE Corp fears the subscriber-linked formula that Bharti Airtel will use to pay Loop Mobile would significantly reduce the final sale amount, thus not leaving enough in the hands of the Khaitan-owned telco to be able to pay what it ...

Data users more likely to shift to postpaid: PwC Study

May 17, 2014 at 05:22 | Source: Economic Times

NEW DELHI: Mobile data and Internet package users are more likely to migrate to postpaid connections than non-data and low-cost SMS users, a study by global accounting firm PricewaterhouseCoopers (PwC) has said. The PwC-IIMA (Indian Institute of Mana...

Nokia Oyj seeks resolution of tax dispute under bilateral pact

May 14, 2014 at 20:16 | Source: Economic Times

NEW DELHI/HELSINKI: Nokia Oyj has written to the Indian Prime Minister seeking an "amicable resolution" of its tax dispute in the country, the Finnish company said on Wednesday. Nokia, which was last year served with a tax demand of about $348 millio...

A Matter of Seconds

May 13, 2014 at 14:56 | Source: Business Today

We wanted to make a disruptive intervention in the market. There was nothing that sounded as disruptive (as the per-second plan): Gurinder Singh Sandhu, Chief Marketing Officer, Tata Teleservices Photo: Vivan Mehra/www.indiatodayimages.com On a cold...

Panel call on Voda

May 13, 2014 at 04:47 | Source: Calcutta Telegraph News

New Delhi, May 12: An inter-ministerial group is expected to meet later this week to decide on India’s stand on the arbitration notice served by British telecom giant Vodafone on a Rs 20,000-crore tax dispute. The government will defend its de...

Reliance, Vodafone Spats Await Next Government of India

May 12, 2014 at 10:00 | Source: Bloomberg

India's next government faces an early test of its ability to boost economic confidence after Reliance Industries Ltd. (RIL) and Vodafone Group Plc (VOD) sought arbitration to resolve high-profile disputes. Reliance, operator of the nation&am...

Escalating Reliance, Vodafone Spats Await Next Indian Government

May 12, 2014 at 10:00 | Source: Business Week

India's next government faces an early test of its ability to boost economic confidence after Reliance Industries Ltd. and Vodafone Group Plc (VOD) sought arbitration to resolve high-profile disputes. Reliance, operator of the nation'...

FIPB to take up 34 FDI proposals on Tuesday

May 12, 2014 at 04:52 | Source: Economic Times

NEW DELHI: The Foreign Investment Promotion Board (FIPB) will take up 34 FDI proposals, including that of Ranbaxy Laboratories, Sistema Shyam and AT&T Global, on Tuesday. The other proposals which are before the board include those of Indian Rotocra...

DoT plans to contest order

May 11, 2014 at 03:37 | Source: Calcutta Telegraph News

New Delhi, May 10: The department of telecom is considering moving the Supreme Court to try and reverse the TDSAT order allowing 3G roaming pacts between telecom firms. The order has encouraged telecom firms to revive such partnerships. Top official...

Supreme Court issues notices to government, Reliance Jio on offering 4G voice services

May 10, 2014 at 04:26 | Source: Economic Times

NEW DELHI: The Supreme Court has issued notices to the government, the telecom sector regulator, and Reliance Jio Infocomm on a petition challenging a decision to allow the Mukesh Ambani-owned company to offer voice services over the broadband spectr...

Economy stable; improvement in investment climate can lead to higher growth: Chidambaram

May 09, 2014 at 01:46 | Source: Economic Times

NEW DELHI: The Indian economy has stabilised and an improvement in investment climate could lift it to a higher growth path, Finance Minister P Chidambaram said Thursday. "The investment cycle has to start again. Both domestic investment and foreign ...

Vodafone ups ante in tax tussle

May 08, 2014 at 04:02 | Source: Calcutta Telegraph News

New Delhi, May 7: Vodafone has served an international arbitration notice to India over a Rs 20,000-crore tax dispute. The move has prompted the government to withdraw its conciliation offer to settle the row amicably. Vodafone Group and its Netherl...

Sistema JSFC seeks nod to up stake in India arm SSTL to 100%

May 07, 2014 at 09:36 | Source: Economic Times

NEW DELHI: Russian telecom operator Sistema JSFC has sought government approval to raise its stake up to 100% in its Indian unit Sistema Shyam Teleservices Ltd, becoming the second telco after UK's Vodafone to move towards fully owning its local vent...

Idea looking at own 3G in Delhi, may cut data tariff to woo users

May 07, 2014 at 09:36 | Source: Economic Times

NEW DELHI: Idea Cellular is planning to take on bigger rivals Bharti Airtel and Vodafone India in the lucrative Delhi circle by launching 3G services on its own spectrum by January. Shashi Shankar, chief marketing officer at Idea Cellular, said the ...

Sensex rallies over 100 points; top ten stocks in focus

May 06, 2014 at 10:36 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex rallied over 100 points in trade on Tuesday, led by gains in FMCG, capital goods and oil & gas even as the Asian markets remained subdued. Tracking the momentum, the 50-share Nifty index also managed to reclaim its cruc...

Tata Group lines up fund to buy DoCoMo stake in JV

May 06, 2014 at 09:41 | Source: Economic Times

MUMBAI: The Tata Group has set aside the funds required to buy back NTT DoCoMo's 26.5% share in their telecom joint venture as they are unlikely to find a third investor for the Tata Teleservices stake before the end of June at the price they are loo...

Bombay High Court says Sebi can seek call data, but must act with care

May 06, 2014 at 05:16 | Source: Economic Times

MUMBAI: The Securities and Exchange Board of India (Sebi) can seek call data records of any person against whom an investigation is being carried out from telecom service providers (TSPs), according to a Bombay High Court ruling. The court said altho...

Bharti Airtel to look at raising headline call rates

May 01, 2014 at 11:01 | Source: Economic Times

NEW DELHI: Bharti Airtel could raise basic call rates for the first time in five years as it battles increasing input costs, a move that would make it the second major telco to do so after Reliance Communications raised them for prepaid users last m...

TDSAT Okays 3G Intra-Circle Roaming Agreements, Bharti, Vodafone &amp; Idea <b>...</b>

Apr 30, 2014 at 15:57 | Source: Money Rediff News Report

This will come as a big relief to 3 of largest telecom operators in India, The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has cleared the 3G intra-circle roaming pacts that were signed between Bharti Airtel, Vodafone and Idea Cellular...

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