1
Disclaimer Adverstisement appeared in this News Paper have not been verified factually and WESTERNTIMES does not stand responsible for the sales proposition. 3 New Delhi, Empowered Group of Ministers (EGoM) sought telecom regulatory TRAIs opinion on the start or re- serves price to be set for forthcoming spectrum auction and the authority has been asked to give its recommendation within 60 days. It was decided that on the issue of reserve price the matter should be re- ferred to TRAI and we would request the TRAI to give its recommendations before the end of 60 days because government is very keen to move forward and sell the spectrum, Telecom Minister Kapil Sibal told. The Department of Telecom DoT is required to conduct third round of spectrum auction in 20 out of 22 service areas to comply with the Supreme Court Order. The DoT is learnt to have planned to auction all TRAI to suggest spectrum reserve price: Kapil Sibal the spectrum 800 MHz CDMA 900 MHz GSM and 1800 MHz 25 GSM in the third round that were put up for auction in March 2013 but remained unsold. Sibal added that after receiving the recommen- dations the Empowered Group of Ministers EGoM will meet to fix the reserve price so that spectrums in all bands can be sold. As and when the Trai makes a recommenda- tions, the EGoM will meet and fix their reserve price, and move forward so that all spectrums in all bands should be sold, Sibal added. As per initial rec- ommendations of Trai in April 2012, the base price of pan India five mega- hertz of spectrum amounted to Rs 18200 crore, which was around ten times high than the amount paid by telecom companies in 2008 for the same. The key issue at the EGoM meeting was price for spectrum in premium 900 MHz which was is fixed at two times higher than that for 1800 MHz as per recommendations of TRAI. This band is said to provide almost double sig- nal coverage than by sig- nals transmitted in 1800 MHz band. The Cabinet has ear- lier this year approved re- duction of 30 per cent re- serve price for GSM spec- trum 1800 MHz band fixed for November 2012 auc- tion. The final reserve price for unsold airwaves in Delhi, Mumbai, Karnataka and Rajasthan, cumula- tively amounted to Rs 11,876 crore. Sources privy to dis- cussions in the meeting said Finance Minister, Ex- ternal Affairs Minister and Sibal favoured the EGoM deciding on spectrum price. However, Planning Commission Deputy Chairman Montek Singh Ahluwalia and Information and Broadcasting Minister Manish Tewari were for sending the matter to TRAI, they added. Ahluwalia had already communicated his views to Sibal in a letter in April of sending the pricing mater back to TRAI as last two auctions held in No- vember 2012 and march 2013 did not show good result. Defence Minister AK Anthony after discussion agreed to send the matter to Telecom Regulatory Authority of India. The de- cision to send the matter to TRAI brings cheers for GSM telecom operators like Airtel, Vodafone and Idea Cellular as it may give some more time to these players in the spectrum refarming. GSM industry body COAI Director Gen- eral said that the decision will pave way for a robust and exhaustive consulta- tive mechanism i Canon rejigs business strategy in India Chennai, Entry-level compact cameras may soon be a thing of the past as companies like Canon India are dumping basic models, in favour of more ad- vanced ones, in a bid to grapple with the rise of smartphones and a year of potentially flat growth. According to Alok Bharadwaj, Executive Vice President, Canon India, the company’s camera business will see no growth this year on account of poor consumer sentiment and stiff competi- tion from the smartphone industry. The industry is caught in a peculiar situation, we cannot compete with the rise of smartphone cameras by lowering our prices. We can only go higher, in terms of price, and pack in more ad- vanced features, said Mr. Bharadwaj during an interaction with them. The company receives fifty per cent of its Rs 1650 crore revenue from the photography business. We have discontinued our entry level line of compact cameras, which was priced at Rs 4995, starting from this year. In a few years, over 80 per cent of the cameras we sell will be in the over Rs 7000 crore segment, he added. The photography industry, he said, needed to be more compact, sleeker and attune with technology. Over 50 per cent of our models already come with Wi-Fi. Nobody will be sur- prised, that in the future, all digital cameras will be Internet equipped, Mr. Bharadwaj said. The silver lining for Canon India and other digital im- aging firms such as Xerox is the growth of other verticals such as commercial printing and man- aged print services. The company reentered the wide format printing business in India, with a tie up with Monotech Systems Ltd. New Delhi, Bharti Airtel, the country’s largest mobile operator, has acquired a majority stake in all the four Indian units of Qualcomm Asia Pacific. The company bought an additional two per cent stake in all these entities for an unspecified sum. In May last year, Bharti had acquired a 49 per cent interest in California based Qualcomm’s India arms for an investments of $165 million. The four Qualcomm arms hold broadband wireless access 4G spec- trum in Delhi, Mumbai, Haryana and Kerala. Under the terms of the deal signed in May, Bharti was supposed to assume complete ownerships and financial responsibility of the entities by the end of 2014. The buyout comes as part of Bharti Airtel’s fo- cus son value added broadband services to drive up profitability. Qualcomm had won 4G spectrum in the four regions in the auctions held in 2010. To comply with the In- dian foreign investment Bharti flexes 4G muscle rules, the US chip maker later formed four separate joint ventures for each of the circles it won and sold around 16 per cent in each of them to two Indian firms - Global Holding Corpora- tion Pvt ltd. and Tulip Telecom Ltd. In the same auctions, Bharti won BWA licences in four circles - Calcutta, Karnataka, Punjab and Maharashtra. The Indian Telecom major has already launched 4G services in Calcutta and Karnataka. Shares of Bharti Airtel reacted positively to the news. The scrip surged to an intra day high of Rs 303.40 on the BSE, before closing at Rs 301.25 up 2.38 per cent from tis pre- vious close. On the NSE, the scrip settled 2.19 per cent higher at Rs 301. Bharti has been ac- quiring companies over the past six months to en- ter and consolidate in prof- itable areas and geogra- phy. In May, Bharti Airtel sold a 5 per cent stake to Doha-based Qatar Foun- dation Endowment for around Rs 6800 crore by issuing over 199.87 million new shares. In the same month, it picked up a thirty per cent stake in Bangladesh’s Warid Telecom to get majority control of the operator, previously owned by Abu Dhabi based Warid Group at a total cost of $600 mil- lion. In April, Bharti had entered into a definitive agreement with Warid Group to fully acquire Warid Telecom Uganda. Earlier, Bharti had bought the African mobile networks of Kuwait based Zain for $10.7 billion. Since then it is believed to have shovelled at least $3 billion in investment in the Afri- can continent. Bharti’s nearest competitor in 4G Telecom, Mukesh Ambani- owned Reliance Jio has BWA licences for all the 23 circles and plans to roll out 4G services later this year. Bharti has taken the lead in the Long-Term Evolution Time Division Duplex space where Qualcomm is a pioneer/. LTE TDD offers asym- metric use of unpaired spectrums and is best suited for Indian conditions where the government of- fered a 20 Mbps pipe in the auction held in June 2010. Tender Invitation Gujarat Urban Development Mission, Gandhinagar, Gujarat Urban Development Mission is inviting proposal Under USHA program-Slum Survey, Livelihood Survey and Household Survey and On-line/off-line data entry for selected Municipalities of four groups. (1) Saurashtra and Kutch (2) Bhavnagar, Amreli and Junagadh (3) Central and South Gujarat (4) North Gujarat, of Gujarat State. The proposal will be in two bid system (Technical and Financial) and will be submitted to the Project Specialist, Guajrat Urban Development Mission, GMFB Building, Sector 10 A, Gandhinagar. Work profile :- Preparation of Slum profile, Household Profile and Livelihood Profile, Conducting Slum Survey, Livelihood Survey and Household Survey, to submit soft and hard copy of all three surveys to Municipalities and also has to upload / feed those data on-line as per guidance. Same work Experienced NGOs/Institutions/ firms kindly fill requested form and submit on or before 24.07.2013. With EMD of Rs 40,000/- in the form of fixed deposit. General information for bidders, tender fee, Survey outline (Format and users training manual, and on-line / off-line manual, financial bid) may be download from web site www.gudm.org and submit proposal. INF/760/13-14 NOTICE SHREE BENZOPHEN IND. LTD. Regd. Office: Survey No. 306, Vill. Moxi, Dist. Vadodara-391780 Date : 13.07.2013 For Shree Benzophen Ind. Ltd. Sd/- B S Sodha, Managing Director Notice pursuant to section 154 of the Companies Act, 1956 is given that members register and share transfer book will be closed on 31st Aug13 for the purpose of Annual General Meeting to be held at 10.30 am on Saturday 31st Aug13 at the registered office of the company. WESTERN TIMES AHMEDABAD MONDAY, JULY 15, 2013 ALD Automotive to double fleet by next year Mumbai, ALD Automotive, the world’s third largest auto- mobile leasing company and among the top play- ers in India, said it would double its fleet size in India to 17000 by 2014 with more companies opt- ing for vehicles on operating lease rather than blocking capital to buy cars. The company, a wholly owned subsidiary of Societe Generale Group, started its India operations in 2005, and has been steadily growing with the operating lease concept catching up fast among Indian corporates who are saving 6-9 per cent by procuring cars and light commercial vehicles from leasing companies. In the first six months of this calendar year, ALF Au- tomotive has grown by 20 per cent as compared to 15 per cent year on year growth since 2008. We have outgrown the market. Growing at the cornet pace, we expect to double the fleet by the end of 2014 from 8500 units at present, Suvajit Karmakar CEO, ALF Automotive Private Ltd. He said the com- pany would invest over Rs 200 crore to increase its business in India in this calendar year. Looking at our growth, we are sure that the operating lease industry would achieve the growth mark of one lakh units by the end of 2015 from 35,000 units now, he added. He said due to economic slowdown and cash crunch, many companies took steps to re- duce their operating expenses and made better use of their capital which gave a boost to compa- nies like ALD. MRPL keen to renew pact with STC Mauritius Mangalore, Mangalore Refin- ery and Petrochemi- cals MRPL, a subsid- iary of Oil and Natu- ral Gas Corporation and a mini Ratna is in negotiations for ex- porting a higher quantity of its prod- ucts to mauritius PP Upadhya, Managing Director, Mangalore Refinery and Petro- chemicals MRPL, told that the public sector refinery was discussing with State Trading Corporation of Mauritius for en- hancing export of its petroleum products manufactured in its refinery in Mangalore. The quantity, he said, is not worked out, it is not possible to say precisely how much more the exports will be worth as prices of the products are varying every month. MRPL had signed the current agreement with STC of Mauritius in 2010 to export petrol, diesel and aviation turbine fuel to the island for three years. The quantity of all three exported prod- ucts put together is 1.1 million tonnes per year. Now, the agree- ment is about to end, he said, the current agreement is valid till 31st of this month. Talks are on for con- tinuing the agreement for the next three months, he said, we want it. It should come from them. Plan panel approves Rs 47,000 crore plan for Karnataka New Delhi, The Planning Commission approved a plan size of Rs 47,000 crore for Karnataka for the year 2013-14, which is 11.8 per net hike over the previous fiscal. The plan was finalized in a meeting between Planning Com- mission Deputy Chairman, Montek Singh Ahluwalia and Karnataka Chief Minister. We have approved plan size of Rs 47,000 crore. In addition to that, through the mal central assistance programme, about Rs 10,000 crore will go into Karnataka to help engage development, Ahluwalia said. The new Government should work out a strategy to take maximum advantage when the economy is on re- covery path, Special attention was needed to give nec- essary impetus to education and health section, he added. State Chief Ministry Siddaramaiah said several ini- tiatives are being take aimed at impacting the lives of the poor and marginalized people. These include en- hancing the milk subsidy form Rs 2 to Rs 4 per litre.

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DisclaimerA d v e r s t i s e m e n tappeared in this NewsPaper have not beenverified factually and�“WESTERNTIMES�”does not standresponsible for thesales proposition.

3

New Delhi,Empowered Group of

Ministers (EGoM) soughttelecom regulatory TRAIsopinion on the start or re-serves price to be set forfor thcoming spectrumauction and the authorityhas been asked to give itsrecommendation within 60days.

It was decided that onthe issue of reserve pricethe matter should be re-ferred to TRAI and wewould request the TRAI togive its recommendationsbefore the end of 60 daysbecause government isvery keen to move forwardand sell the spectrum,Telecom Minister KapilSibal told.

The Department ofTelecom DoT is required toconduct third round ofspectrum auction in 20 outof 22 service areas tocomply with the SupremeCourt Order.

The DoT is learnt tohave planned to auction all

TRAI to suggest spectrumreserve price: Kapil Sibal

the spectrum 800 MHzCDMA 900 MHz GSM and1800 MHz 25 GSM in thethird round that were putup for auction in March2013 but remained unsold.

Sibal added that afterreceiving the recommen-dations the EmpoweredGroup of Ministers EGoMwill meet to fix the reserveprice so that spectrums inall bands can be sold.

As and when the Traimakes a recommenda-tions, the EGoM will meetand fix their reserve price,and move forward so thatall spectrums in all bandsshould be sold, Sibaladded. As per initial rec-ommendations of Trai inApril 2012, the base priceof pan India five mega-hertz of spectrumamounted to Rs 18200crore, which was aroundten times high than theamount paid by telecomcompanies in 2008 for thesame.

The key issue at theEGoM meeting was pricefor spectrum in premium

900 MHz which was isfixed at two times higherthan that for 1800 MHz asper recommendations ofTRAI. This band is said toprovide almost double sig-nal coverage than by sig-nals transmitted in 1800MHz band.

The Cabinet has ear-lier this year approved re-duction of 30 per cent re-serve price for GSM spec-trum 1800 MHz band fixedfor November 2012 auc-tion. The final reserve pricefor unsold airwaves inDelhi, Mumbai, Karnatakaand Rajasthan, cumula-tively amounted to Rs11,876 crore.

Sources privy to dis-cussions in the meetingsaid Finance Minister, Ex-ternal Affairs Minister andSibal favoured the EGoMdeciding on spectrumprice. However, PlanningCommission DeputyChairman Montek SinghAhluwalia and Informationand Broadcasting MinisterManish Tewari were forsending the matter to

TRAI, they added.Ahluwalia had already

communicated his viewsto Sibal in a letter in Aprilof sending the pricingmater back to TRAI as lasttwo auctions held in No-vember 2012 and march2013 did not show goodresult.

Defence Minister AKAnthony after discussionagreed to send the matterto Telecom RegulatoryAuthority of India. The de-cision to send the matterto TRAI brings cheers forGSM telecom operatorslike Airtel, Vodafone andIdea Cellular as it may givesome more time to theseplayers in the spectrumrefarming. GSM industrybody COAI Director Gen-eral said that the decisionwill pave way for a robustand exhaustive consulta-tive mechanism i

Canon rejigs businessstrategy in India

Chennai,Entry-level compact cameras may soon be a

thing of the past as companies like Canon Indiaare dumping basic models, in favour of more ad-vanced ones, in a bid to grapple with the rise ofsmartphones and a year of potentially flat growth.

According to Alok Bharadwaj, Executive VicePresident, Canon India, the company’s camerabusiness will see no growth this year on accountof poor consumer sentiment and stiff competi-tion from the smartphone industry.

The industry is caught in a peculiar situation,we cannot compete with the rise of smartphonecameras by lowering our prices. We can only gohigher, in terms of price, and pack in more ad-vanced features, said Mr. Bharadwaj during aninteraction with them. The company receives fiftyper cent of its Rs 1650 crore revenue from thephotography business. We have discontinued ourentry level line of compact cameras, which waspriced at Rs 4995, starting from this year. In afew years, over 80 per cent of the cameras wesell will be in the over Rs 7000 crore segment,he added. The photography industry, he said,needed to be more compact, sleeker and attunewith technology. Over 50 per cent of our modelsalready come with Wi-Fi. Nobody will be sur-prised, that in the future, all digital cameras willbe Internet equipped, Mr. Bharadwaj said. Thesilver lining for Canon India and other digital im-aging firms such as Xerox is the growth of otherverticals such as commercial printing and man-aged print services. The company reentered thewide format printing business in India, with a tieup with Monotech Systems Ltd.

New Delhi,Bharti Air tel, the

country’s largest mobileoperator, has acquired amajority stake in all thefour Indian units ofQualcomm Asia Pacific.

The company boughtan additional two per centstake in all these entitiesfor an unspecified sum.

In May last year, Bhartihad acquired a 49 per centinterest in California basedQualcomm’s India armsfor an investments of $165million.

The four Qualcommarms hold broadbandwireless access 4G spec-trum in Delhi, Mumbai,Haryana and Kerala.

Under the terms of thedeal signed in May, Bhartiwas supposed to assumecomplete ownerships andfinancial responsibility ofthe entities by the end of2014. The buyout comesas part of Bharti Airtel’s fo-cus son value addedbroadband services todrive up profitability.

Qualcomm had won4G spectrum in the fourregions in the auctionsheld in 2010.

To comply with the In-dian foreign investment

Bharti flexes 4G musclerules, the US chip makerlater formed four separatejoint ventures for each ofthe circles it won and soldaround 16 per cent in eachof them to two Indian firms- Global Holding Corpora-tion Pvt ltd. and TulipTelecom Ltd. In the sameauctions, Bharti won BWAlicences in four circles -Calcutta, Karnataka,Punjab and Maharashtra.

The Indian Telecommajor has alreadylaunched 4G services inCalcutta and Karnataka.

Shares of Bharti Airtelreacted positively to thenews. The scrip surged toan intra day high of Rs303.40 on the BSE, beforeclosing at Rs 301.25 up2.38 per cent from tis pre-vious close. On the NSE,the scrip settled 2.19 percent higher at Rs 301.

Bharti has been ac-quiring companies overthe past six months to en-ter and consolidate in prof-itable areas and geogra-phy. In May, Bharti Airtelsold a 5 per cent stake toDoha-based Qatar Foun-dation Endowment foraround Rs 6800 crore byissuing over 199.87 millionnew shares. In the same

month, it picked up a thirtyper cent stake inBangladesh’s War idTelecom to get majoritycontrol of the operator,previously owned by AbuDhabi based Warid Groupat a total cost of $600 mil-lion. In April, Bharti hadentered into a definitiveagreement with War idGroup to fully acquireWarid Telecom Uganda.

Ear lier, Bharti hadbought the African mobilenetworks of Kuwait basedZain for $10.7 billion. Sincethen it is believed to haveshovelled at least $3 billionin investment in the Afri-can continent. Bharti’snearest competitor in 4GTelecom, Mukesh Ambani-owned Reliance Jio hasBWA licences for all the 23circles and plans to roll out4G services later this year.

Bharti has taken thelead in the Long-TermEvolution Time DivisionDuplex space whereQualcomm is a pioneer/.

LTE TDD offers asym-metric use of unpairedspectrums and is bestsuited for Indian conditionswhere the government of-fered a 20 Mbps pipe in theauction held in June 2010.

Tender InvitationGujarat Urban Development Mission,

Gandhinagar,Gujarat Urban Development Mission is inviting proposal Under USHAprogram-Slum Survey, Livelihood Survey and Household Survey andOn-line/off-line data entry for selected Municipalities of four groups. (1)Saurashtra and Kutch (2) Bhavnagar, Amreli and Junagadh (3) Centraland South Gujarat (4) North Gujarat, of Gujarat State. The proposalwill be in two bid system (Technical and Financial) and will be submittedto the Project Specialist, Guajrat Urban Development Mission,GMFB Building, Sector 10 A, Gandhinagar.Work profile :- Preparation of Slum profile, Household Profile andLivelihood Profile, Conducting Slum Survey, Livelihood Survey andHousehold Survey, to submit soft and hard copy of all three surveys toMunicipalities and also has to upload / feed those data on-line as perguidance. Same work Experienced NGO�’s/Institutions/ firms kindly fillrequested form and submit on or before 24.07.2013. With EMD of Rs40,000/- in the form of fixed deposit.General information for bidders, tender fee, Survey outline (Formatand user�’s training manual, and on-line / off-line manual, financial bid)may be download from web site www.gudm.org and submit proposal.

INF/760/13-14

NOTICESHREE BENZOPHEN IND. LTD.

Regd. Office: Survey No. 306, Vill. Moxi, Dist. Vadodara-391780

Date : 13.07.2013For Shree Benzophen Ind. Ltd.Sd/- B S Sodha, Managing Director

Notice pursuant to section 154 of the Companies Act, 1956 is giventhat member�’s register and share transfer book will be closed on 31stAug�’13 for the purpose of Annual General Meeting to be held at 10.30am on Saturday 31st Aug�’13 at the registered office of the company.

WESTERN TIMES AHMEDABADMONDAY, JULY 15, 2013

ALD Automotive todouble fleet by next year

Mumbai,ALD Automotive, the world’s third largest auto-

mobile leasing company and among the top play-ers in India, said it would double its fleet size inIndia to 17000 by 2014 with more companies opt-ing for vehicles on operating lease rather thanblocking capital to buy cars. The company, a whollyowned subsidiary of Societe Generale Group,started its India operations in 2005, and has beensteadily growing with the operating lease conceptcatching up fast among Indian corporates who aresaving 6-9 per cent by procuring cars and lightcommercial vehicles from leasing companies. Inthe first six months of this calendar year, ALF Au-tomotive has grown by 20 per cent as comparedto 15 per cent year on year growth since 2008. Wehave outgrown the market. Growing at the cornetpace, we expect to double the fleet by the end of2014 from 8500 units at present, Suvajit KarmakarCEO, ALF Automotive Private Ltd. He said the com-pany would invest over Rs 200 crore to increaseits business in India in this calendar year. Lookingat our growth, we are sure that the operating leaseindustry would achieve the growth mark of one lakhunits by the end of 2015 from 35,000 units now,he added. He said due to economic slowdown andcash crunch, many companies took steps to re-duce their operating expenses and made betteruse of their capital which gave a boost to compa-nies like ALD.

MRPL keen torenew pact withSTC Mauritius

Mangalore,Mangalore Refin-

ery and Petrochemi-cals MRPL, a subsid-iary of Oil and Natu-ral Gas Corporationand a mini Ratna is innegotiations for ex-por ting a higherquantity of its prod-ucts to mauritius PPUpadhya, ManagingDirector, MangaloreRefinery and Petro-chemicals MRPL,told that the publicsector refinery wasdiscussing with StateTrading Corporationof Mauritius for en-hancing export of itspetroleum productsmanufactured in itsrefinery in Mangalore.The quantity, he said,is not worked out, it isnot possible to sayprecisely how muchmore the exports willbe worth as prices ofthe products arevarying every month.MRPL had signed thecurrent agreementwith STC of Mauritiusin 2010 to exportpetrol, diesel andaviation turbine fuelto the island for threeyears.

The quantity of allthree exported prod-ucts put together is1.1 million tonnes peryear. Now, the agree-ment is about to end,he said, the currentagreement is valid till31st of this month.Talks are on for con-tinuing the agreementfor the next threemonths, he said, wewant it. It shouldcome from them.

Plan panel approves Rs 47,000crore plan for Karnataka

New Delhi,The Planning Commission approved a plan size of

Rs 47,000 crore for Karnataka for the year 2013-14,which is 11.8 per net hike over the previous fiscal. Theplan was finalized in a meeting between Planning Com-mission Deputy Chairman, Montek Singh Ahluwalia andKarnataka Chief Minister.

We have approved plan size of Rs 47,000 crore. Inaddition to that, through the mal central assistanceprogramme, about Rs 10,000 crore will go intoKarnataka to help engage development, Ahluwalia said.

The new Government should work out a strategy totake maximum advantage when the economy is on re-covery path, Special attention was needed to give nec-essary impetus to education and health section, headded.

State Chief Ministry Siddaramaiah said several ini-tiatives are being take aimed at impacting the lives ofthe poor and marginalized people. These include en-hancing the milk subsidy form Rs 2 to Rs 4 per litre.