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| TELECOM M&A NORMS RELAXED |
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The Telecom Commission has accepted Trai's recommendations to relax rules for mergers and acquisitions (M&As) in the sector and allow spectrum-sharing among telcos, paving the way for consolidation in the 14 player market. It is also open to the regulator's proposal to levy a one-time fee on operators for holding spectrum beyond 6.2 MHz. ...
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Telecom Commission, Trai, M&As
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| LOCAL SELF-GOVERNMENT VITAL IN MAINTENANCE |
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NABARD’s RIDF has disbursed Rs 1 lakh crore towards rural infrastructure including roads, but as CK Gopalakrishna, the bank’s Chief General Manager & Chief Vigilance Officer, tells Janaki Krishnamoorthi, underperformance of the assets is a worry.Government of India announced in 1995-96 the scheme for setting up a fund to be operationalised by NABARD....
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PMGSY, Government, RIDF, CK Gopalakrishna, NABARD, Infrastructure, Janaki Krishnamoorthi
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| GEMINI'S 4G GEAR PLANT |
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Gemini Communications is exploring the option of setting up a plant in India for manufacturing of 4G (fourth generation) equipment through its subsidiary company PointRed.The setting up of the plant will depend on a favourable government policy on the 4G rollout and access to low cost capital....
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Gemini Communications, Equipment, Government
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| ITDA BUILDS 30 ROADS IN TRIBAL AREAS |
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The Integrated Tribal Development Agency (ITDA), Parvathipuram constructed 30 roads at a cost of Rs 15.20 crore in tribal areas under National Rural Employment Guarantee Act (NREGA. Around 35,000 tribals are expected to be benefited when all scheduled road works are completed in the district....
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ITDA, NREGA, Government, Parvathipuram, GummalakshmipuRam, Jiyyammavalasa, Parvathipuram, Makkuva ManDals, Goipaka
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| BIDAR-GULBARGA RAIL SERVICE |
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The Bidar-Gulbarga train service will become operational by the end of 2015 after the district administrations of both Bidar and Gulbarga have completed the process of acquiring and transferring the required land in both districts to Indian Railways. Gulbarga district administration has handed over the required land of 932.27 acre to Indian Railways. ...
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Bidar-Gulbarga, Indian Railways, Madarasanhalli, Sultanpur, Gulbarga
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| RURAL ROADS COUNTRY ROADS, TAKE ME HOME |
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A new opportunity knocks on the doors of private developers, especially those in the second-tier or contractors aspiring to be developers. Rural roads are all set to offer large opportunities this year as the government steps on the accelerator to see projects through, after the successful experiment by PMGSY especially in quality monitoring and maintenance contracts. Janaki Krishnamoorthi writes....
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PMGSY, WGRR, NRRDA, RRDPV, Rural Roads, PPP, Punjab, Haryana, Rajasthan, NABARD, RIDF, PURA, Government
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| MVAS MARKET TO BE AT RS 48,200 CR BY 2015 |
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The mobile value added services (MVAS) market in India is expected to increase to Rs 48,200 crore by 2015, according to a study by consultancy firm KPMG. According to the KPMG report, the MVAS market is expected to increase from Rs 12,200 crore in 2010 to Rs 48,200 crore by 2015, driven by the uptake of 3G services in urban as well as in rural areas....
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MVAS, KPMG, China
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| FARMERS DONATE LAND FOR ROAD |
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Villagers of Tentulia in Murshidabad, about 250 km from Kolkata, set an example by donating 5 acre of agricultural land to build a road. The road will connect Mahalandi with Tentulia. Villagers who do not possess land are trying to help by providing labour. Tentulia village under Mahalandi in Kandi was disconnected from the mainland because there was no road. ...
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Murshidabad, Kolkata, Mahalandi, Tentulia
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| LEARN FROM HIGHWAYS TO GET PROCESSES RIGHT: EXPERTS |
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If the nascent segment of rural roads must attract private participation to raise the quality bar,it needs to gain the confidence of the companies by doing its tendering processes right and offering government clearances upfront.Mahesh M Hiremath, COO, Karnataka Rural Roads Development Agency, one of the better state performers having upgraded nearly 15,000 km of rural roads to all-weather with an expenditure of Rs 3,371 crore under PMGSY....
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Mahesh M Hiremath, Karnataka Rural Roads Development Agency, PMGSY, Sudhir Hoshing, Roads, Reliance Infrastructure, Rajeev Raju
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