Address tax issues, push data centre infra: Tech cos to Jaitley

Last Updated: Wednesday, January 14, 2015, 21:52

Top officials from IT, BPO and eCommerce sectors today requested Finance Minister Arun Jaitley to address certain issues related to taxation in the Budget 2015-16, and provide incentives for setting up data centres in the country.

AT&T to join rivals with `transparency report`

Last Updated: Saturday, December 21, 2013, 02:58

AT&T said Friday it would join rivals in the tech and telecom sector in publishing a "transparency report" about demands for information from law enforcement agencies.

Fitch upgrades outlook of Indian telecom sector to 'stable'

Last Updated: Wednesday, December 11, 2013, 22:30

Global credit rating agency Fitch Wednesday upgraded outlook for the Indian telecom sector from 'negative' to 'stable'.

Home Min opposes hike in FDI caps in telecom, aviation

Last Updated: Tuesday, December 10, 2013, 21:26

Citing security concerns the Home Ministry has opposed hike in Foreign Direct Investment (FDI) caps in sectors like aviation and telecom, Lok Sabha was informed Tuesday.

PM stresses on manufacturing base development; M&A rules soon

Last Updated: Thursday, December 5, 2013, 13:38

Prime Minister Manmohan Singh on Thursday said a strong domestic manufacturing base in electronics and telecommunications will mitigate burden of growing imports for the sector.

EGoM approves M&A guidelines for telecom sector

Last Updated: Tuesday, December 3, 2013, 20:50

An Empowered Group of Ministers (EGoM) Tuesday approved the much-awaited Mergers and Acquisitions (M&A) guidelines for the telecom sector.

EGoM to meet Tuesday evening to discuss telecom M&A rules

Last Updated: Monday, December 2, 2013, 22:42

The Empowered Group of Ministers, headed by Finance Minister P Chidambaram, is scheduled to meet Tuesday evening to discuss M&A norms in the telecom sector.

Consolidation on the cards for Indian telecom sector: Fitch

Last Updated: Thursday, November 21, 2013, 14:56

Fitch said only the top (three to four) operators make a profit, while the rest suffer EBITDA losses and have stretched balance sheets.

'Global telecom M&A volume hits highest level since 2000'

Last Updated: Thursday, November 14, 2013, 22:07

Global mergers and acquisitions (M&A) volume in the telecom sector soared to USD 343.4 billion so far this year, the highest year-to-date total since 2000, on the back of the massive USD 130-billion Verizon Wireless transaction, says a report.

Interested to play a role in consolidation: Vodafone

Last Updated: Tuesday, October 29, 2013, 15:17

Vodafone, the nation's second biggest telecom firm and the only player talking about bold investments even in a depressed market scenario, has said it is interested in consolidation on the back of a strong balance sheet.

GSM players add 17.8 lakh users in August: COAI

Last Updated: Tuesday, September 17, 2013, 15:42

The GSM subscriber base stood at 67.26 crore at the end of July this year.

Final guidelines on telecom M&A likely by Sept-end

Last Updated: Wednesday, September 11, 2013, 21:49

"I had a talk with the Secretary (Telecom) this morning and said it (M&A policy) should be out by September 15... He says he needs another 15 days," Telecom Minister Kapil Sibal told reporters after his meeting with industry players today.