Licences

The Hotel and Restaurant Association of Western India (HRAWI) today said it will appeal to the government to create a level playing field for all hospitality players to bring uniformity in regulations.

Did you know? 4,000 packaged water cos sell without licence

The food regulator has observed that 80 percent of food business operators dealing with packaged water have no licence, and as per Food Safety and Standards Act, 2006, they can't operate in India, reports Shweta Kothari of CNBC-TV18, quoting sources.

181 food licences in Thane cancelled for FDA rule violation

Of the total food samples inspected last year, 105 were found to be sub-standard and 30 unfit for human consumption.

SC to hear petition challenging Goa mining licence renewals

The Supreme Court on Tuesday agreed to hear a plea which seeks to cancel all the licences granted to 89 mining companies in Goa

A Raja 'misled' Manmohan Singh in 2G allocation: CBI

Commencing final arguments in the case, Special Public Prosecutor Anand Grover said that Raja, in conspiracy with other accused, had advanced the cut-off date to favour accused firms in allocation of 2G licences.

Uninor expects operational profits in two years

In the last 12 months, Uninor has added over 10 million new subscriptions in its six circles.

Govt relaxes norms for licenses for e-rickshaw drivers

The government in October had notified the rules for plying of e-rickshaws making driver's licence mandatory for operating them and limiting the maximum speed to 25 km per hour.

Big pharma pushes for US action against India on drugs

An Indian government committee is reviewing patented drugs of foreign firms to see if so-called compulsory licences, which in effect break exclusivity rights, can be issued for some of them to bring down costs, two senior government officials told Reuters.

COAI hints legal dispute on new licensing rules possible

The new licences does not differentiate between 2G, 3G or 4G technology and allows companies to use any technology for providing mobile and other telecom services in service area where they have airwaves.

New banks licences to take some more time

The Central bank has received 26 applications including those from Tata Capital, Reliance Capital, the Birlas, L&F Finance, Bajaj group and India Post.

Vodafone offers Rs 40bn for licence renewal in 3 cities

Vodafone Group Plc's Indian unit, which is in a dispute with the government over the renewal of its licences in three key cities,

RBI to come out with paper on banking structure: D Subbarao

RBI will also involve enforcement agencies and tax authorities before it issues new bank licences to corporate entities for which applications can be made till July 1.

More banks can help improve customer service: RBI deputy

Reserve Bank Deputy Governor K C Chakrabarty said customer service in the banking industry will be better if more banks come in as it will drive competition.

Sistema cuts India spending until break-even

Russian conglomerate Sistema is holding back on major investment in its Indian mobile unit over the next three years to concentrate on making the operation profitable by mid-2015.

Fundamental flaws in DoT's rejection: Vodafone

Holding that the company never sought extension of its licences for free, Vodafone India has said rejection by the Department of Telecom (DoT) suffered from "several fundamental flaws, contradictions and jurisdictional errors".

Will NBFCs bite the banking bait?

At long last the banking sector has been opened to the big guns of corporate India. The Budget has had only a day's impact on the market. But the release of final rules on how new bank licenses will be issued will have a longer lasting impact on the economy and financial sector.

DoT announces third round of 2G GSM auction

Government will hold the third round of 2G GSM spectrum auction for the airwaves that were freed following cancellation of telecom licences by Supreme Court in February last year and were not put for auction.

Telecos want DoT to make clarifications in legal format

During the second 2G pre-bid conference, top telecom companies like Bharti Airtel, Vodafone and Idea today voiced their concerns over the clarifications which have been issued by the DoT.

Telenor may get fewer than nine spectrum circles

Norway's Telenor may not get licences for all its planned circle areas in India, depending on the result of the upcoming spectrum auction, the firm's chief financial officer said.

Licensing norms for new telcos by Friday: Telecom Body

Telecom Commission is expected to finalise by Friday the guidelines for licences that are to be issued to new players that win spectrum in the auction which is due in November.

Most telcos not to bid for spectrum due to SC order: Fitch

International rating agency Fitch today said it expects most of the telecom companies whose licences were cancelled by the Supreme Court will not participate in the forthcoming spectrum auction.

DoT discusses network roll-out issues with telcos

A day after the Empowered Group of Ministers (EGoM) deferred a decision on network roll-out obligations, the Department of Telecom today discussed the issue with leading telecom operators like Airtel, Vodafone, Uninor and MTS.

Airwave switch plan to cost $24 bln more capex: industry

Mobile carriers will have to spend nearly $24 billion more on their networks if the government goes ahead with a proposal to replace the more-efficient spectrum bands of older carriers with relatively inferior quality spectrum, an industry group estimated on Tuesday.

TRAI recos very arbitrary: Idea Cellular

The Idea management is taking a hardline on the TRAI's recomendations. Himanshu Kapania, managing director, Idea Cellular says that the recommendations are inconsistent and regressive. Kapania says that Idea will continue to agitate against the cancellation of its licence by the Supreme Court, reports CNBC-TV18‘s Kritika Saxena.

SC has laid to rest uncertainty on the 2G auctions: Salve

Supreme Court advocate Harish Salve welcomed the apex court‘s move and told CNBC-TV18 that the court has laid to rest any uncertainty as far as the 2G auctions were concerned.