2016
Trends and Outlook
Data to drive new growth in the sector
The Indian telecom industry continued on its growth path through the past year, adding about 58.03 million subscribers between May 2015 and May 2016. […]
New ATC tower under construction at Delhi airport
A new air traffic control (ATC) tower is being set up at the Indira Gandhi International Airport, Delhi, at a cost of Rs 3.5 billion. The tower, at a height of 102 metres, will have […]
Flight cancellations and delays to cost dearer to airlines; online fee collection mandatory for over 14 services
Effective August 1, 2016, the Directorate General of Civil Aviation (DGCA) has revised compensation norms for flight cancellations and delays. Moreover, as part of the e-governance project for civil aviation, it has made online fee […]
Recent Developments
Industry witnesses key policy moves
The past year was a significant one for the Indian telecom industry. […]
July Issue 2016
July Issue 2016
July 2016
EDITOR Devangshu Datta
The global slowdown has cast a dark cloud with exports dropping for the past six quarters. But there has been a silver lining in the form of low crude and gas prices. This has led […]
CCEA approves five railway projects worth Rs 108 billion
The Cabinet Committee on Economic Affairs approved the implementation of five railway projects worth Rs 108 billion on May 26, 2016. The projects are the Pune-Miraj-Londa Line Doubling Project (Rs 36.27 billion), the Surendranagar-Rajkot Line […]
Gangavaram Port commissions four new berths
Gangavaram Port Limited has commissioned four new berths at the port, increasing its cargo handling capacity to 64 million tonnes. The expansion project has been undertaken by the D.V.S. Raju-led consortium (comprising VisualSoft Technologies Limited, […]
Air India introduces self check-in facility at 26 airports
Air India has introduced self check-in kiosks, known as common use self-service, at 26 domestic airports located at New Delhi, Mumbai, Bengaluru, Kolkata, Kochi, Chennai, Hyderabad, Aurangabad, Bhopal, Bhubaneswar, Calicut, Coimbatore, Goa, Indore, Jaipur, Jamnagar, […]
Key Statistics
Deployment of bank credit and key policy rates
Outstanding bank credit to key infrastructure sectors has increased from over Rs 13 trillion in 2012 to over Rs 20 trillion in 2016. Most of the bank finances remain deployed in the power sector, followed […]
Key Statistics
Power index and telecom trends
Electricity generation has been consistently higher in 2016 versus the corresponding period of 2015. In April 2016, generation was about 14.73 per cent higher than in the corresponding month in 2015. Airtel continues to dominate […]
NCAP, 2016
New policy aims to increase affordability and regional air connectivity
After two drafts and several months of consultations, the government finally unveiled the new National Civil Aviation Policy (NCAP), 2016 in June. The policy is being viewed as progressive by the aviation industry in general […]
Telecom companies may spend Rs 1 trillion on spectrum in next auction
Telcom companies are likely to spend Rs 1 trillion on buying spectrum across various bands in the next auction likely to be held in September 2016. The top three carriers – Bharti Airtel, Vodafone India […]
Bharti Infratel to buy back 47 million shares
Bharti Infratel has stated that it will buy back 47 million shares for Rs 425 each in a deal valued at Rs 20 billion. The move is aimed at returning surplus funds, which are over […]
CLP India acquires 49 per cent stake in SE Solar
CLP India Private Limited has acquired a 49 per cent stake in SE Solar, a special purpose vehicle set up by Suzlon Energy to develop a 100 MW solar project at Veltoor, Telangana. The deal, […]
Tata Communications to sell Neotel to Liquid Telecom and Royal Bafokeng Holdings for ZAR6.55 billion
Tata Communications has entered into an agreement with Liquid Telecom and Royal Bafokeng Holdings for the sale of its South Africa-based subsidiary Neotel for ZAR 6.55 billion. The transaction is subject to approval by South […]
Religare Finvest acquires 24.49 per cent stake in ABG Shipyard
Religare Finvest Limited, a subsidiary of Religare Enterprises Limited, has acquired a 24.49 per cent stake (1.32 million pledged shares) in ABG Shipyard Limited. Since March 2014, ABG Shipyard has been in the midst of […]