Telecom companies whose 2G permits were cancelled by the Supreme Court may not get another chance to bid for spectrum in the next round of auction
Finance Minister P Chidambaram said that the RBI would shortly issue seven licences. (BS)
Telecom companies whose 2G permits were cancelled by the Supreme Court may not get another chance to bid for spectrum in the next round of auction. Inter-ministerial panel and Telecom Commission have accepted the recommendation by a Department of Telecom committee to remove the eligibility rule that allowed such companies to participate. (ET)
India is preparing a plan to allow greater overseas participation in the domestic currency futures market to protect the rupee. The plan could draw from the recommendation of the high-powered expert committee on making Mumbai an international financial centre regarding the creation of a bond-currency-derivatives chain. (ET)
Reserve Bank Deputy Governor K C Chakrabarty has said only a provisional list of new bank licencees will be announced by January 2014 and it will take at least two years for a player to become operational. (BS)
The Power Ministry has asked the coal ministry to consider converting short-term coal supply pacts into long-term linkages for plants that could not start output in absence of approvals. (ET)
Finance Minister P Chidambaram said that the RBI would shortly issue seven licences. (BS)
Telecom companies whose 2G permits were cancelled by the Supreme Court may not get another chance to bid for spectrum in the next round of auction. Inter-ministerial panel and Telecom Commission have accepted the recommendation by a Department of Telecom committee to remove the eligibility rule that allowed such companies to participate. (ET)
India is preparing a plan to allow greater overseas participation in the domestic currency futures market to protect the rupee. The plan could draw from the recommendation of the high-powered expert committee on making Mumbai an international financial centre regarding the creation of a bond-currency-derivatives chain. (ET)
Reserve Bank Deputy Governor K C Chakrabarty has said only a provisional list of new bank licencees will be announced by January 2014 and it will take at least two years for a player to become operational. (BS)
The Power Ministry has asked the coal ministry to consider converting short-term coal supply pacts into long-term linkages for plants that could not start output in absence of approvals. (ET)
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