Briefs: Confusion over review of India telecom FDI

Jan 18, 2006

A reported review of India's policy on foreigners running telecom companies was called into question Wednesday by the country's IT minister.

Dayanidhi Maran told Press Trust India that he was unaware of the review, which was revealed earlier this week by Commerce and Industry Minister Kamal Nath.

"Is there a review (?) ... I am not aware of it," Maran said Wednesday in a dispatch from PTI.

At issue is a provision in the foreign direct investment rules governing India's telecom sector, which bar expatriates from serving as CEOs or in other top jobs at Indian telecom companies. The industry wants the rules changed to accommodate ex-pats who were in office prior to the rule change last autumn.

Copyright 2006 by United Press International

Explore further: Team improves solar-cell efficiency

add to favorites email to friend print save as pdf

Related Stories

Team improves solar-cell efficiency

3 hours ago

New light has been shed on solar power generation using devices made with polymers, thanks to a collaboration between scientists in the University of Chicago's chemistry department, the Institute for Molecular ...

Calif. teachers fund to boost clean energy bets

3 hours ago

The California State Teachers' Retirement System says it plans to increase its investments in clean energy and technology to $3.7 billion, from $1.4 billion, over the next five years.

Alibaba surges in Wall Street debut

3 hours ago

A buying frenzy sent Alibaba shares sharply higher Friday as the Chinese online giant made its historic Wall Street trading debut.

Dwindling wind may tip predator-prey balance

3 hours ago

Bent and tossed by the wind, a field of soybean plants presents a challenge for an Asian lady beetle on the hunt for aphids. But what if the air—and the soybeans—were still?

Recommended for you

Alibaba makes Wall Street debut

8 hours ago

Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.

Seeing through the fog (and dust and snow) of war

9 hours ago

Degraded visibility—which encompasses diverse environmental conditions including severe weather, dust kicked up during takeoff and landing and poor visual contrast among different parts of terrain—often ...

Idealistic Norwegian sun trappers

10 hours ago

The typical Norwegian owner of a solar heating system is a resourceful man in his mid-fifties. He is technically skilled, interested in energy systems, and wants to save money and protect the environment.

When does Google hand over your data to governments?

10 hours ago

Governments around the world want to know a lot about who we are and what we're doing online and they want communications companies to help them find it. We don't know a lot about when companies hand over ...

User comments : 0