US ambassador to India resigns

According to a press release from the United States embassy in New Delhi the US Ambassador to India, Timothy Roemer, has decided to resign from his post due to “personal, professional and family considerations”. He took the responsibility in India two years ago. “When I accepted this job two years ago, I told President Obama […]

Uninor accuses bigger operators of overcharging and restrictive trade practice

Two days after the Telecom Regulatory Authority of India re-opened the vexed issue of ‘termination charges,’ new operator Uninor (a joint venture of Unitech and Telenor) has struck back at bigger operators accusing them of “restrictive trade practice” against newer ones. TRAI had, two days ago, asked for suggestions on whether to increase or decrease […]

FICCI says restrict mine auction only to proven mineral deposits

India’s second largest industry association, the Federation of Indian Chambers of Commerce and Industry (FICCI) has lent its support to Congress President Sonia Gandhi’s proposal to allot mines only through bidding, but called it unsuitable for many cases. Under the current system, mines and similar natural resources (except oil blocks) are allotted in a non-transparent […]