Emerged: India, as the secondlargest telecom market in the world, next only to China. Indian telecom firms added a record 10.16 million wireless subscribers in March, taking the number of wireless subscribers in the country to 261.1 million, 3.2 million more than the US, which India displaced from the #2 position.
Decided: Tata Steel and ONGC, to voluntarily disclose carbon emissions and report the same annually. They have recently joined the UN Climate Change Initiative for Business Leaders. Some 230 companies from around the world have signed up for this “Caring for the Climate” movement since it was launched in 2007
Acquired: By Reliance Globalcom, the global operations arm of Reliance Communications, a 90 per cent stake in British Virgin Islands-registered WiMax operator eWave World. Reliance Globalcom will make a $500-million (Rs 2,000-cr) investment through the acquired company over three years.
Formulated: By the News Broadcasters Association (NBA), a “Code of Ethics and Broadcasting Standards” and “News Broadcasting Standards (Disputes Redressal) Regulations” for its members as a measure of self-regulation. The NBA has submitted the copy of its code and regulations to the government for its consideration.Doubled: To 177,000, the number of taxpayers who declared incomes of more than Rs 10 lakh, during assessment year 2006-07.