Shetty said some of the areas that Deloitte India would invest includes AI, renewables and energy, cloud, digital and cyber
Agrawal, an alumnus of London School of Economics and Politics Science, has over two decades of investment banking experience
Shetty, who currently heads the consulting practice of the firm, will replace N Venkatram, who will be in office till March 2023.
This time, its long list of demands boils down to two things — clearer policies and help in reducing debt
The telecom spectrum auctions are nearing conclusion post extensive bidding. The government has managed to raise over Rs 1 lakh crore. How will the telecom companies manage debt levels, and is a tariff hike on the cards? Romal Shetty, Partner & Head of Telecom at KPMG discuss the implications.
Speaking to CNBC-TV18, Romal Shetty, ED and National Head, KPMG said that if norms are in place, it will ease entry of foreign flows in India. He believes global telecom companies are looking to enter India and there must be a safeguard to protect the Indian company‘s interest in the industry.
Sanjay Kapoor, former CEO, Bharti Airtel believes operators will perhaps have to pass on the costs to consumers, leading to higher prices, considering services cannot continue to be cheap when raw material price is so high. But, Romal Shetty, ED & national head of KPMG says new entrants will make it tough for existing players to hike prices.
Telecom Commission, an inter-ministerial body on Tuesday approved to hike foreign direct investment limit for telecom sector to 100 percent from 74 percent currently.
Romal Shetty, national leader- telecom, KPMG and Amit Sachdeva, telecom-partner, E&Y explain to CNBC-TV18 that the response to 2G auction is muted and that it would be tough for the government to achieve its revenue target of Rs 40,000 core from the sale of spectrum.
Leading analysts today welcomed the new telecom policy, saying it is forward looking as it will not only help consumers but will also aid the troubled operators in the long-term.