TRAI suggests new prices for spectrum

Following a telecom ministry directive, the Telecom Regulatory Authority of India (TRAI) has urged the government to determine the price of extra 2G spectrum through auction if it also cancels licenses of those who have not started operations. In case the government does not cancel licenses of new operators, TRAI suggested fall-back prices that would […]

Infosys points to slow growth in March

Despite decent numbers, Infosys has put out a disappointing guidance for the March quarter – forecasting just 1-2% growth in revenues to $1.6-1.62 billion, compared to the 6% growth posted in the December quarter. The company seemed to be worried about the economy in general as well as with the currency fluctuations. “The weaker economic […]

Industry heads share worries with Jairam

Alarmed by the increasing number of large projects falling foul of an ‘activist’ environment ministry, the largest industry forum in the country took its gripes right to the doors of the environment minister Jairam Ramesh. However, after holding closed-door discussions with top industry heads from the Confederation of Indian Industry (CII), however, said laws are […]