New Delhi: Telecom sector regulator TRAI has started the consultation process to develop a framework for providing telecom services through authorization under the new Telecom Act.The Telecommunications Act, 2023 provides that any person intending to provide telecommunication services must...
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New Zealand's Minister for Regulation David Seymour stressed the need for New Zealand's regulatory reform, citing areas that are found to be overly regulated, including barriers to foreign direct investment in particular, obtaining licenses and permits, and administrative and regulatory burdens...
New Delhi: No real estate project can fail if promoters maintain financial discipline from the beginning, said Sanjeev Kumar Arora, member, Haryana regulatory authority, Gurugram bench.Addressing the Assocham National Conference on the changing dynamics of real estate for Viksit Bharat, he...
Gurugram, Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has imposed a fine of Rs 5 million on city-based real estate developer Vatika Ltd for not registering its project within the stipulated time.The penalty was imposed for violation of Section 3(1) of the Real Estate...
Mumbai: The banking sector, which is at an all-time high in terms of financial parameters, is ready to support the growth of the Indian economy, Reserve Bank Deputy Governor Swaminathan J said on Tuesday.Addressing a conference of statutory auditors and chief financial officers of commercial...
The notified amendments said that the ceilings of Rs 130 for 200 channels and Rs 160 for more than 200 channels in Network Capacity Fee (NCF) have been removed and “remained in tolerance to be market driven and also equitable.”The service provider can now charge different NCF based on the...
In New Delhi, Lieutenant Governor VK Saxena on Monday launched the 'Public Amusement Portal', which will facilitate licensing for auditoriums, amusement parks, arcades, musicals, theater performances, Ramlila and circuses, a statement said.According to the statement, the portal will...
New Delhi: GE Power India Ltd on Monday said it has won an order from state-owned NTPC for supply of key turbine components.In a regulatory filing, the company said it will supply main turbine spares to power giant NTPC Talcher in Odisha.The order will be executed over a period of 9.5...
New Delhi, Markets regulator Sebi has issued a consultation paper on the treatment of interest income earned by clearing corporations from cash collateral of clearing members and upstream client funds.Sebi had earlier directed transfer of all customer funds to Clearing Corporations (CCs) by...
New Delhi, With the number of fires rising in the summer months in the national capital, electrical regulator DERC has proposed that residential buildings above 15 meters in height have to obtain a no-objection certificate from the fire safety department. fires to obtain an electrical...
However, policy measures and regulatory interventions taken to address growing imbalances as well as securing a nine-month stand-by agreement from the International Monetary Fund (IMF) should help macroeconomic conditions improve in the second half of 2023. Found, SBP said. Its financial...
PNNPune (Maharashtra) [India], July 6: The construction landscape is undergoing a paradigm shift, driven by technological advancements that are revolutionizing the planning phase of the construction life cycle. One of the most transformative advances is the advent of automated compliance...
The Telecom Regulatory Authority of India (TRAI) said the rates for telecom services are decided by market forces within a regulatory framework notified by an independent regulator.“The government does not interfere in free market decisions as the functionality is within the domain of TRAI and...
New Delhi, Fortis Healthcare on Friday said it has named Prem Kumar Nair as vice president.The company's board has approved the appointment of Nair as vice-chairman of the board of the company, Fortis Healthcare said in a regulatory filing.He was appointed Group Chief Executive Officer of...
New Delhi: Sterlite Technologies Digital Business CEO Raman Venkataraman has resigned from the company, a regulatory filing said on Friday.This is the second departure of a senior officer within a month.Last month, STL fired its optical networks business CEO Paul Atkinson."Raman...
New Delhi, BGR Energy Systems on Thursday said its board has approved a proposal to raise up to Rs 1,000 crore through a rights issue.According to a regulatory filing, at its meeting held on Thursday, the company's board has decided to increase its authorized share capital from Rs 100 crore to...
In New Delhi [India], Union Minister Piyush Goyal announced a substantial 80 per cent concession in licensing fees for women entrepreneurs and a 50 per cent fee reduction for MSMEs.According to a press release from the Ministry of Commerce and Industry, these incentives are expected to...
Islamabad [Pakistan], Pakistan's federal cabinet has approved an increase in Pakistani rupees (PKR) 5.72 per unit in the basic tariff of power through circulation, Pakistan-based ARY News reported, citing sources.According to details, the federal cabinet approved the increase in the...
Bengaluru, Realty firm Brigade Enterprises on Wednesday said it will develop a residential project in Bengaluru with a revenue potential of Rs 1,100 crore.In a regulatory filing, the company announced "a joint development residential project at Tumkur Road, West Bengaluru".As part of their...
SRINAGAR: The Kashmir Tourism Department on Tuesday banned the entry of school buses in the tourist destination of Gulmarg on weekends as part of regulatory measures to control heavy rush of visitors.The Chief Executive Officer (CEO), Tourism Development Authority, Gulmarg, in an advisory said...