Telecom sector generated 2.19 lakh cr revenues in 2013-14

Telecom revenue was 1.93 percent of the GDP.

FDI in telecom jumps manifold to $2.33 bn in Apr-July

After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to USD 2.33 billion in the first four months of 2014-15.

FDI in telecom jumps manifold to $1.5 bn in Apr-May

After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to USD 1.5 billion in the first two-months of the 2014-15 fiscal.

SingTel to be first to own 100% stake in Indian telecom firm

The SingTel's Global (India) Pvt Ltd's proposal has been cleared, said Department of Economic Affairs Secretary Arvind Mayaram, who heads the FIPB.

I&B asks TRAI, PCI to expedite recommendations on FDI in media

The I&B ministry had earlier sought comments from TRAI on a paper prepared by the Finance ministry in which it had suggested raising the FDI limits in the broadcasting sector.

Telecom sector received Rs 58,782 cr FDI in last 13 years

"The telecom sector has attracted FDI inflows of Rs 58,782 crore from April 2000 till May 2013," Minister of State for Communications and IT Milind Deora said.

Cabinet approves 100% FDI in telecom

In a major reform push, government Thursday approved 100 percent foreign direct investment (FDI) in the telecom sector, meeting a key demand of the fund-starved industry.

100% FDI in telecom to spur interest in upcoming auctions: BofA

Last week, the government permitted 100 percent foreign direct investment in telecom, versus the 74 percent ownership cap earlier.

Telecom stocks wash out gains;down upto 4.3% on profit-booking

Telecom stocks on Wednesday surged as much as four percent after government allowed 100 percent FDI but the euphoria did not last long as investors booked profits washing out all gains.

FICCI, CII welcome changes in FDI norms

The government has cleared 100 percent FDI in telecom, raised FDI in insurance to 49 percent, in asset reconstruction from 74 percent to 100 percent and in credit information companies from 49 percent to 74 percent.

Govt announces 2nd round of FDI reforms; 100% in telecom

The government decided to hike foreign direct investment (FDI) in a dozen sectors, including 100 percent in telecom and higher caps in insurance and defence sectors.

PM to discuss FDI related issues with Cabinet today

Prime Minister Manmohan Singh will on Tuesday discuss the proposal to hike foreign investment caps in sectors like telecom, retail and defence with his senior Cabinet colleagues.

Telecom Commission to discuss 100% FDI in telecom today

Inter-ministerial body Telecom Commission (TC) in its meeting on Tuesday is likely to take up the proposal for hiking Foreign Direct Investment limit in the sector from 74 percent to 100 percent.

Govt panel for hiking FDI limits in retail, telecom

A government panel Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.

FDI in telecom sector plunges to $43 mn in Apr-Sep FY'13

FDI as a source of funding has shrunk to a trickle for the once lucrative telecom sector with foreign investment inflows plunging to USD 43 million in the April-September period of the current fiscal.

Dilution of equities to foreign firms legal: A Raja

Former Telecom Minister A Raja on Wednesday told a Delhi court that dilution of equities by alleged beneficiaries of 2G spectrum scam to foreign firms was cleared by the government and did not constitute any offence.