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22 Rs 1,000 cr NFS GST Scam

Rs 1,000 cr NFS GST Scam

Rs 1,000 cr NFS GST Scam

Bharat Sanchar Nigam Ltd (BSNL) has sent a proposal for the “information and further necessary instructions” of the department of telecommunications (DoT) for passing on over Rs 1,000 crore illegitimate favour to seven contractors of the NFS project, which is being funded by the Universal Service Obligation (USO) Fund. Initially, BSNL revised all the seven

28 Flipkart’s 5 Name Lending Cos

Flipkart’s 5 Name Lending Cos

In our January 2018 issue of Telecom Live, we had covered Flipkart and its 19 companies. In our April 2018 issue, we had also given brief details about how these e-commerce companies, through certain front companies, are circumventing the FDI rules. In this issue, we will give details of five such companies acting as front

10 Digital Communications Policy 2018

Digital Communications Policy 2018

On May 1, 2018, the department of telecommunications (DoT) has issued a draft National Digital Communications Policy 2018 for consultation asking all the stakeholders to send their feedback. It aims to get $100 billion in FDI and create 40 lakh new jobs, by 2022.

People release paper planes, symbol of the Telegram messenger, during a rally in protest against court decision to block the messenger because it violated Russian regulations, in Moscow

Russia bans Telegram

The Tagansky District Court of Moscow has blocked access to Telegram messenger for the whole Russia. The court tasked the Russian media watchdog with “putting a stop to sending and receiving messages” in Telegram until the messenger fulfills its obligations by providing deciphering keys.

26 Sundararjan gives Rs 15.75 cr USO fund

Sundararjan gives Rs 15.75 cr USO fund

A little known Mumbai based company by the name Real Innovators Ltd has got the Rs 15.75 crore funding from the USO Fund for a pilot project for installing Para Magnetic Communications to provide Internet / Broadband over the already installed power lines in Delhi’s NDMC area. Its paid up capital is just Rs 685,500.

27 Ease of Doing Business

Ease of Doing Business

Dr Hasmukh Adhia, finance secretary has written a letter to Aruna Sundarajan, telecom secretary, highlighting critical areas in which quick action is required to be taken by DoT to improve India’s ranking in the World Bank study on Doing Business. Immediate action is required to be taken to upload online the certificates

34 Internet Shutdown in India

Internet Shutdown in India

A recent report by Indian Council for Research onInternational Economic Relations (ICRIER) on Economic Impact of Internet Shutdowns in India shows that between 2012 to 2017, India noticed 16,315 hours of Internet blackout which cost the economy approximately $3.04 billion. Banking, Education and Healthcare sector have noticed low impact, whereas sectors like e-Commerce, Freelancing, Tourism,

38 Handset Makers

Handset Makers

The Ministry of Environment and Forests has slashed targets for electronics makers to collect e-waste depending on their yearly sales.

39 BBNL OFC Projects

BBNL OFC Projects

Bharat Broadband Networks Ltd (BBNL) in its 75th board meeting held on February 27, 2018 approved the procurement of 7,070 km of optical fiber cable (OFC) and its accessories through existing tender at a cost of Rs 41.23 crore. This works out to be Rs 58,282 per km.

40 Nokia Tax Settlement

Nokia Tax Settlement

India and Finland have reached an accord on the tax dispute with Nokia under the Mutual Agreement Procedure (MAP), clearing the way for the sale of the company’s Chennai plant, which has been idle for more than four years. This involves a payment of Rs 1,600 cr to the Indian government by Nokia.But, way back