FM Sitharaman says telecom depart. actively engaging with telecom companies

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NEW DELHI: Four days after the Supreme Court pulled up mobile operators over non-payment of lakhs of crores in pending dues, telecom ministry officials said today that they are awaiting an approval from the top to invoke bank guarantees in compliance with the verdict, hinting at a political call that could decide the fate of India’s crisis-hit More...

by newstrack24x7.com | Published 22 hours ago
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By newstrack24x7.com On Friday, February 14th, 2020
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After SC rap, DoT asks telcos to clear dues by midnight

NEW DELHI : The Department of Telecommunications (DoT) on Friday ordered Bharti Airtel, Vodafone Idea, and other telecom companies to clear their dues by 11.59 pm on Friday. After getting an earful from the Supreme More...

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By newstrack24x7.com On Wednesday, February 12th, 2020
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Retail inflation rises to 7.59% in Jan; Dec IIP shrinks 0.3%

NEW DELHI : India’s retail inflation rises to 7.59 per cent in January 2020 from 7.35 per cent in December 2019, according to data released by the Central Statistics Office (CSO) on Wednesday (February 12). More...

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By RAJEEV RANJAN NAG On Saturday, February 1st, 2020
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Income Tax Rates Cut: New tax slabs announced

NEW DELHI : Beginning her presentation in parliament with a tribute to former Finance Minister Arun Jaitley who died last year, Ms Sitharaman termed the GST “historic structural reform”. Today’s More...

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By RAJEEV RANJAN NAG On Friday, January 31st, 2020
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Govt.Revises GDP growth estimates For 2018-19 To 6.1% From 6.8%

NEW DELHI : The government on Friday revised the country’s economic growth for financial year 2018-19 to 6.1 per cent from 6.8 per cent estimated earlier mainly due to deceleration in mining, manufacturing More...

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By newstrack24x7.com On Monday, January 27th, 2020
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Narendra Modi Govt. to sell 100% stake in Air India

NEW DELHI : The government on Monday invited preliminary bids to divest its entire stake in Air India, and the airline’s subsidiary Air India Express along with its joint venture Air India SATS Airport Services More...

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By newstrack24x7.com On Friday, January 10th, 2020
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Enforcement may attach Chanda Kochhar’s properties worth Rs 800 crore

NEW DELHI : Trouble seems to be mounting for former ICICI Bank chief executive officer (CEO) Chanda Kochhar and husband, Deepak Kochhar, as the Enforcement Directorate (ED) is reportedly contemplating provisional More...

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By newstrack24x7.com On Saturday, January 4th, 2020
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Onion prices may drop soon ,as fresh produce reaches markets

IRA JHA / NEW DELHI : India’s rampant onion prices may finally be running out of steam, with fresh supplies of the pungent vegetable set to hit the market next month. Onion prices could witness a steep drop as More...

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By RAJEEV RANJAN NAG On Wednesday, December 18th, 2019
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Big blow to Ratan Tata; NCLAT restores Cyrus Mistry as Tata Sons Executive Chairman

NEW DELHI : In a major development in the Tata Sons-Cyrus Mistry case, the National Company Law Appellate Tribunal (NCLAT) has ordered the restoration of Cyrus Mistry as the Executive Chairman of Tata Sons on Wednesday. More...

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By newstrack24x7.com On Wednesday, November 20th, 2019
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Major Relief For Telecoms,Govt gives 2-year on spectrum dues

NEW DELHI : Providing relief to the country’s stressed telecom companies, the Union Cabinet on Wednesday approved a two-year moratorium on payment of pending spectrum auction instalments for the years 2020-21 More...