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Popular Articles

FIPB defers proposal on giving telecom licence to Bycell
The Foreign Investment Promotion Board (FIPB) has again deferred its recommendation on the revised Rs 2,500-crore proposal of Swiss telecom company ByCell to start telecom services in India. http://smallpersonalloans.org.uk

Essar Oil ties up $920 mn to fund refinery expansion
Ruias-owned Essar Oil has tied up $920 million to fund the expansion of its Vadinar refinery in Gujarat to 16 million tonnes, CEO Naresh Nayyar said.

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AAI expects user fees to up its annual earnings by Rs 100 cr
The Airports Authority of India (AAI) expects its annual earnings to grow by Rs 100 crore once it receives approval from the Ministry of Civil Aviation to charge user development fee (UDF) at nine airports. “We will annually earn around Rs 100 crore by charging UDF at eight of our airports. We have sent our request and will start charging as soon as we receive the approval,” said a senior AAI official who did not wish to be named.
Home Business

This number does not exist

It’s a sign of the changing power equations in the telecom ministry after the CBI raids on it and the investigations into the allotment of spectrum to a handful of firms — Communications Minister A Raja’s Private Secretary R K Chandolia’s name no longer figures in the list on the ministry’s website. Till a few weeks ago, if you logged on to the ministry’s website and clicked on ‘contacts’, you’d find Chandolia’s name against the designation ‘PS’. Of late, however, there are no names/numbers in this slot.


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