Tag: Reliance

Oil and gas retailing: Changes to pivot around individual consumer


While both policies pivot around giving a new deal to individuals & households, they change the way they look at this set of consumers: from buyers of products at subsidised prices to buyers of products at marketlinked prices.  In two policy changes, one that is currently unravelling and another that is done, resides a promise… Read More ›

Telecom user base rises to 92.20 crore in January: Trai


NEW DELHI: The total number of telecom subscribers in the country rose marginally to 92.20 crore in January, on the back of increase in rural subscribers, sectoral regulator Trai said today. The overall user base stood at 91.51 crore at the end of December 2013, Telecom Regulatory Authority of India said. “The number of telephone… Read More ›

Vodafone, Telenor experience makes foreign telcos tread cautiously in India


CHENNAI: Foreign telcos want to foray into India but experiences of Vodafone and Telenor in the country have made them cautious, Melbourne-based Telstra Global’s Managing Director Martijn Blanken said today. He also termed the Indian regulatory environment as “challenging”. “The thing is, if you have enough patience it works (in India). It took us quite a lot to get our licences…. Read More ›

DoT sees MSMEs emerging stronger on the ‘cloud’


The telecom department has advocated mass deployment of cloud computing technologies to improve the global competitiveness and export earnings of micro, small & medium enterprises (MSMEs) during the 12th Plan period, according to an internal note seen by ET.  KOLKATA: The telecom department has advocated mass deployment of cloud computing technologies to improve the global… Read More ›

CDMA operators seek cut in base price for 800 Mhz bandwidth


Mobile phone companies offering services on the CDMA platform have demanded that the telecom department reject the sector regulator’s recommendations on the base price of airwaves in the 800 Mhz band and keep it at 65% of the starting price fixed for the recently concluded auction of 1800 Mhz bandwidth.  NEW DELHI: Mobile phone companies… Read More ›

Oil India: Optimism on gas prices, subsidies


These larger benefits, added to other favourable factors, outweigh near-term concerns, causing analysts to be bullish on the stock Oil India Ltd (OIL), the upstream major in the sector, has seen its stock under pressure for quite a while, with concerns on production volumes, uncertainty over subsidy burden and, recently, the government’s plan of selling its stake in… Read More ›

Lower sales, coal realisations take toll on Tata Power


A cap on FIIs in private banks restricts the extent of money that overseas portfolio investors can put into the proposed share sale Tata Power narrowed its consolidated loss to Rs 75 crore for the December 2013 quarter versus Rs 329 crore last year, but the overall performance is a far cry from Street’s estimates, which… Read More ›

Proposed US law could boost gas export to India


The surplus is largely due to rapid advances in the technology and extraction of shale gas and oil over recent years The latest version of a Bill in the US legislature for expedited approval on export of natural gas to World Trade Organization members could help India. Over the past year, surplus production of LNG (liquefied natural gas) in… Read More ›

Clarity on marketing margins to trigger IGL re-rating


After the government raised the allocation of domestic gas for city distribution operations last month, IGL cut CNG prices by 20-30 per cent Uncertainty regarding its ongoing case with the Petroleum and Natural Gas Regulatory Board (PNGRB) and weaker volumes due to consistent price increases, to offset higher input costs, saw Indraprastha Gas (IGL), the… Read More ›

CERC’s brave steps mean well for the power sector


CERC needs to be complemented for taking away the carrot when none was needed by the sector Central Electricity Regulatory Commission’s (CERC) recent regulation on electricity tariff underscores the strides taken by the power sector over the years. Apart from fixing the manner in which tariff will be calculated over the next five years, CERC’s regulation demonstrates… Read More ›