Licences News

Industry

1,701 NBFC licences cancelled in FY19 as RBI cracks the whip

The licences have been cancelled for failing to meet minimum capital norms. In FY18, just 26 NBFCs lost their licencesWhile NBFCs can exist after they lose their licences, they gradually die being unable to raise money

3 min read11 Jul 2019
Industry

IOC wins city gas licences for 10 areas, HPCL 9

Indian Oil won city gas distribution licences for nine cities, most of them in Bihar and JharkhandHindustan Petroleum won licences to retail CNG to automobiles and PNG to households in nine cities in Uttar Pradesh and West Bengal

2 min read27 Feb 2019
Industry

Govt notifies rules for in-flight, maritime mobile phone services

The in-flight and maritime connectivity (IFMC) can be provided using telecom networks on ground as well as using satellites

1 min read17 Dec 2018
Companies

A $10-billion clean air push set to boost Indian pipe makers

India is seeking to double the share of natural gas in the country's energy mix to 15 percent by 2030, while slashing emissions by a third

2 min read15 Oct 2018
Industry

IOC, BPCL, Adani bid for most city gas licences

Bidding for the round closed on 10 July, in which 174 districts in 22 states and Union Territories were clubbed into 86 permits

1 min read19 Jul 2018
News

With US trade under a cloud, China opens to Indian pharma

India dominates the world's generic drugs market, exporting $17.3 billion worth of drugs in the 2017/18 (April-March) year, including to the United States and the EU

3 min read12 Jul 2018
Companies

Adani, GAIL among 400 bidders for city gas licenses

Adani Gas Ltd bid for 32 licenses, while its joint venture with IOC bid for 20 city gas licenses

1 min read11 Jul 2018
Politics

Driving licences to be linked with Aadhaar, govt tells SC

The govt is in the process of linking driving licences with Aadhaar to weed out fake licences and a software for this covering all states on a real time basis is under preparation, the Supreme Court was told

3 min read7 Feb 2018
Opinion

The downside of proposing TV channel auctions

If the government goes ahead and implements the proposal to auction TV channel licences, the industry will see the smaller operators disappear

4 min read11 Jan 2018
Industry

2G scam verdict: Political ripples but few gains for the telecom sector

The 2G spectrum scam verdict means nothing for the telecom sector as most of the companies mentioned in the chargesheet have wound up operations

2 min read22 Dec 2017
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