Jio contends that the Act includes provisions allowing the government to amend the First Schedule, which currently lists services where spectrum can be assigned administratively, including global mobile personal communications by satellite (GMPCS).
In its response on August 16, Jio rejected the claim made by a stakeholder that spectrum should continue to be assigned administratively to satellite operators. Sunil Mittal's OneWeb had earlier insisted that spectrum allocation for satellite operators be done administratively as outlined in the Act â setting up a direct confrontation with Jio.
The new Telecommunications Act lists 19 services in the First Schedule where spectrum can be assigned administratively. Initially, GMPCS was not part of this Schedule during the draft stage.
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Govt move on exports to boost revenue for sugar SMEs
The sugar industry is set for a revenue growth of 3 per cent this financial year following the government's decision to allow exports of 1 million tonnes (mt) for the ongoing sugar season 2024-25 (SS25, October-September).
Airtel, Jio comply with voice-only mandate
Trai called for affordable plans for users who rely on calling and SMS, without needing data services
Demand woes may keep a lid on HUL stock in near term
The October-December quarter (Q3FY25) results of fast-moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery.
Aptel directs Maha discom to pay â¹2,477 crore to NTPC
(Aptel) recently directed the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to pay state-owned NTPC â¹2,477 crore on account of the former terminating its agreement with a subsidiary of the latter.
Bank NPAs may dip to 2.4% by March: Fitch
The gross non-performing assets (NPAs) of Indian banks may decline by 40 basis points to 2.4 per cent by March 2025 and a further 20 basis points in the next financial year, said rating agency Fitch on Thursday.
Dr Reddy's net up 2.5% on NRT biz
Dr Reddy's Laboratories (DRL) on Thursday reported a 2.5 per cent year-on-year (Y-o-Y) increase in its consolidated net profit for the third quarter of the financial year 2025 (Q3FY25) at â¹1,413 crore.
The Gulf of Whatnow? Mapmakers grapple with Trump's renaming plans
What's in a name change, after all? The water bordered by the Southern United States, Mexico and Cuba will be critical to shipping lanes and vacationers whether it's called the Gulf of Mexico, as it has been for four centuries, or the Gulf of America, as President Donald Trump ordered this week.
Winter sales keep R-Day offers under weather
Lower stocks limit offline discounts, but online rebates galore
Investors pull out cash from India ETF for 3rd week on growth woes
India, an investor favourite for much of last year, has seen investor sentiment sour as concern over the outlook for growth and earnings led investors to yank cash out of exchange-traded funds that buy local stocks.
Ecom firms have R-Day offers both for B2B, retail customers
\"Growth is coming back for retail and a harsher winter, especially in the north, pushed up demand. But we are witnessing growth not just in the north but from other parts of the country as well,\" said Manish Kapoor, CEO at Pepe Jeans India. The denim brand expects growth during the weekend to be 10-12 per cent over last year's Republic Day sales.
