Mobile firms voice concern over new radiation norms
The norms, which will come into effect from September 1, require operators to reduce the electromagnetic radiation emanating from every tower by one-tenth of existing permissible limits.
Mobile companies have told the Government that they would have to reduce tower density in thickly populated urban areas if they have to meet the new norms. They claim that this will result in blank patches in networks where the coverage would be inadequate.[source]
Tata Communications plan to hive off its data centre
The company that had a net debt of $1.55 billion ( 8,684 crore) in March recently received government approval to separate land assets that locked it from raising funds via share sale since the Tata groupbought majority stake in 2002.
Carving it out of the Internet Data Centre business as a separate entity would enable it to raise finances independent of the parent company [source]
Adopt e-documents to help exporters, banks urged
Banks must adopt the electronic Bank Realisation Certificate as this will reduce transaction costs for exporters and make them competitive, said Mr S.R. Rao, Commerce Secretary, Ministry of Commerce.
This involves electronic transmission of documents and details on foreign exchange realisation on exports from banks to the Directorate General of Foreign Trade (DGFT). [source]
Telecom tribunal directs Govt to return Etisalat’s bank guarantees
Telecom tribunal TDSAT has directed the Government to return within a week the Performance Bank Guarantees submitted by Etisalat DB at the time of allocation of spectrum for 11 circles.
Etisalat had submitted performance bank guarantees of Rs 160 crore at the time of allocation of licences and airwaves. [source]