BSNL accuses TRAI of ‘over-reaching’ Supreme Court and TDSAT on interconnect charges

State-owned mobile and fixed line telecom operator BSNL has accused the telecom regulator of “over-reaching” the judgments of the Supreme Court and the Telecom Dispute Settlement and Appellate Tribunal (TDSAT) by questioning the need for inclusion of capital expenditure in call costs. It said it is “shocked and surprised” at the move by the Telecom […]

Chidambaram felt India would be forced to respond to a repeat of Mumbai attacks: Wikileaks

Indian public opinion would force the Indian government to take military action against Pakistan in case of another attack like Mumbai, home minister P Chidambaram told the Americans in 2009, according to leaked US diplomatic cables. Chidambaram also blamed Bangladesh and Myanmar for providing sanctuary to insurgents in the North East and called Myanmar “totally […]

FICCI rejoices in Mamata’s and secretary general’s win at the polls

The Federation of Indian Chambers of Commerce and Industry (FICCI), India’s second biggest industry association, said that Mamata Bannerjee’s victory in Bengal may bring back West Bengal’s lost status as one of India’s industrial hubs. FICCI, which normally restrains itself from commenting on changing political fortunes, said it “strongly welcomes” the transition of power in […]

Sibal hints government likely to auction five more broadband licenses by next year

The government will auction five more wireless broadband spectrum slots increasing the total wireless broadband players from 3 to 8 by the next year, going by what telecom minister Kapil Sibal told an international conference in Geneva today. Sibal, speaking at the World Summit on the Information Society (WSIS) in Geneva, said the total wireless […]

BSNL will construct the colossal fibre-network under National Broadband Plan: Sibal

Despite strong reservations from the Telecom Regulator, telecom minister Kapil Sibal has said that the state-owned Bharat Sanchar Nigam (BSNL) will be tasked with creating a massive optic-fibre network across the country. Speaking at the World Summit on the Information Society (WSIS) in Geneva today, Sibal said that “initially,” BSNL will be in charge of […]

Revision in inflation numbers ‘a cause for concern,’ interest rates may rise: expert

Even as wholesale price inflation, as measured by the Wholesale Price Index or WPI declined in April, experts have raised questions about the upward revision of earlier data. According to numbers released today, inflation in the country came down marginally to 8.66% in April from 8.98% announced for March last month. However, the government also […]