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Invest India
The Reserve Bank of India (RBI) has said it may allow up to 74 per cent foreign direct investment in credit information companies. Read More
Mahindra Reva plans to start export to Europe next year
Indian Automobile Company Mahindra have plans to export Mahindra Reva in Europe from 2014, Mahindra Reva Electric Vehicles, Chief of Operations, R. Chandramouli, stated while announcing the launch of the company’s new model of ‘e2o’: “They are working on the regulatory framework of the European Union for starting export”. Read More
FTA would allow European carmakers to export their surplus to India: SIAM
Free-trade agreement (FTA) would allow European carmakers to export their surplus to India: Indian automakers fear that a proposed FTA between the European Union and India could end up benefiting European carmakers at their expense, Society of Indian Automobile Manufacturers (SIAM) via its president Mr. S. Sandilya stated: “We are of the opinion that a free-trade agreement with EU would allow a one-sided advantage and allow the European auto industry to export their overcapacity to India”. Read More
India Likely to Ban Handsets without Radiation Display
India likely to ban handsets without radiation display: India may ban import of mobile phones that don’t display their radiation emission levels from September. The Directorate General of Foreign Trade (DGFT) will shortly issue a notification calling for mandatory disclosure of specific absorption rate (SAR) as a pre-condition for future handset imports. Read More
Telecom standards body being set up on security concerns
TSDO: Department of Telecom has started registration process of TSDSI, the Telecommunications Standards Development Society India. Read More
Government working on new Convergence Bill
The Telecom Ministry is working on a new Convergence bill for setting up a framework to govern transmission of telecom and broadcasting services on common network and has sought the involvement of the Information and Broadcasting (I&B) Ministry. The Communication Convergence Bill introduced in the Lok Sabha 2001 could not be converted in to law because, among other things, it talked of content regulation. Read More
Telecom, defence to lead FDI drive, govt may allow foreign companies to hold at least 49% equity
The government may begin its much-anticipated drive to liberalise foreign investment norms by allowing 100% FDI in telecom and raising the sectorial limit in defence production to 49%, even as it considers a proposal to let foreign companies hold at least 49% equity in any sector. Read More
Telecom Commission to review telecom security policy soon
The Telecom Commission (TC), the highest decision-making body in the communications ministry, will shortly clear India’s controversial telecom security policy that calls for developing indigenous capacity to locally churn out electronics and software inducted into telephone networks. Read More