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Tag Archives: finance

LIRNEasia@10 - LIRNEasia is celebrating its 10 year anniversary. Check out our timeline of events

Not having broadband could cost some households a fortune

According to a recent report households that do not have broadband access could be spending a fortune on other household goods and services. Over recent years an increasing number of consumers have started to use the Internet to find the best deals on everything from holidays and cars to household goods, entertainment, finance, services, and […]

“Environment conservation levy” targets households with fixed telephones and possibly all handsets

The government promised a broad-ranging environmental levy in the last budget speech.   Some sensible people inside government appear to have defanged what could have been a very nasty piece of legislation. The Bill that is scheduled to be debated in Parliament on the 19th of March makes provision for the levy to collected by telecom […]

BSNL plans India’s largest IPO, to raise over US$ 10 billion

State-owned telco BSNL on Monday said it plans to launch India’s biggest IPO to raise over US$10 billion. “The company is valued at well over US$100 billion. We are looking at offloading up to 10% stake, subject to government approval,” BSNL finance director S K Saxena told reporters. When asked about the development, telecom minister […]

A triumph of reforms?

The story of telecommunications reforms in India offers a fascinating example of how determined leadership can overcome even the fiercest opposition to reforms, says Arvind Panagariya The total number of phones in India as of October 31, 2007 is placed at 256 million. India has been adding phones at the rate of 6.65 million per […]

Regulation must stay one step ahead of innovation: Chidambaram

India’s finance minister Palaniappan Chidambaram said Monday in Washington, “Regulation must stay one step ahead of innovation”.  He said the developed countries’ financial authorities are not keeping up with the new and complex financial market instruments that lay behind recent credit market turmoil.  “Thanks to the present crisis which originated in the advanced economies … […]

India’s finance ministry eyes windfall in 3G auction

May 26, 2005 (Economic Times via NewsEdge) India’s Ministry of Finance has asked the Department of Telecommunications (DoT) to allocate a 3G spectrum to mobile operators through the auction route. According to the ministry, it is DoT’s responsibility to price spectrum as per international practices, citing the example of Europe and the US, where governments […]

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