Telecom reforms will spur growth, and have paved the way for all players to come together and work as a team to unleash India's telecom dream, Mittal said
Located in NTPC Simhadri in Andhra Pradesh, the 25 MW floating SPV project covers an area of 100 acres, leading to saving of valuable land resource and conserving water by reducing evaporation
As per ratings agency ICRA, the four-year moratorium is likely to provide a breather of Rs 14,000 crore to the industry. It will also increase the survival chances of Vodafone Idea, which has the highest AGR dues
Vaishnaw said the telecom reforms package cleared by the Cabinet is adequate for the survival of existing players, and added that with more reforms, that are in the pipeline, "more players should come".
In a tweet, DIPAM Secretary Tuhin Kanta Pandey said, “Financial bids for Air India disinvestment received by Transaction Adviser. Process now moves to concluding stage.”
Main highlights of the relief package are expected to be a four-year moratorium on the AGR dues. It could also allow telcos to surrender spectrums that have not been used
Kotak Mahindra Bank recently slashed its home loan interest rates from 6.65% to 6.5% as a festive season offer. Other banks are expected to follow Kotak Mahindra Bank's footsteps as well
