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NHPC IPO illogical; borrowing better option to raise funds: CITU02-SEP-09
The Centre of Indian Trade Unions (CITU) has criticised the government for selling 10 per cent equity shares of NHPC through an initial public offering (IPO) saying the money company raised through the IPO could have been mobilised through borrowings.
Regulatory pitfalls again04-AUG-09
With the mobile phone industry adding 10 million new subscribers each month, and a severe spectrum crunch having resulted, it is not surprising that the government is confident of getting big money when it auctions the 3G/Broadband Wireless Access (BWA) spectrum; it increased the estimate for this from Rs 20,000 crore in the Interim Budget to Rs 35,000 crore in the latest Budget. And since there was a difference of opinion between the finance and communications ministries on what the minimum reserve price for the 3G auction should be (finance wanted double the Rs 2,020 crore that communications wanted), the Prime Minister has been quick to set up a Group of Ministers to decide on the issue. The GoM will also decide on issues like the number of slots that are to be offered, the annual revenue-share licence fees, and so on.
FIMI opposes coal blocks auction proposal10-JUL-09
The Federation of Indian Mineral Industries (FIMI), the representative body of mineral industries in India, has opposed the government’s move to auction coal blocks for captive mining.
Plan, non-Plan dividing line may go15-DEC-07
The system of classifying government expenditure into two categories  Plan and non-Plan  is set to change, with the Planning Commission coming to the conclusion that the distinction is illogical
Illogical controls04-SEP-07
The governments move to extend by six months its controls on the stocking and movement of wheat and pulses defies logic. These checks were imposed under the Essential Commodities Act a year ago, when
Mahesh Uppal: Not charging for 2G spectrum is illogical20-NOV-06
Not charging an entry fee, and specific user charges for 2G spectrum is what is leading to wastage and hoarding of spectrum.
Illogical11-JAN-05
While the lowered access deficit charges (ADC) are to be welcomed since they help reduce the charges for long-distance calls, the six-month long review by the Telecom Regulatory Authority of India
Wrong priority31-MAR-04
The edict to demutualised commodity exchanges to widen their equity base within a year is bound to evoke an adverse reaction from the affected circles, with some reason, though the move may not be
The anti-BPO illogic13-MAR-04
Indias penetration into the BPO market is small though its growing fast. This makes it difficult to understand why outsourcing has been demonised to the extent it has.
Hurry in setting up national tax tribunal was illogical08-SEP-03
No estimate seems to have been made regarding the financial burden that is likely to be cast on the exchequer by the proposed new structure
Hurry in setting up national tax tribunal was illogical08-SEP-03
No estimate seems to have been made regarding the financial burden that is likely to be cast on the exchequer by the proposed new structure
Narrow view on authorship for tax relief illogical01-SEP-03
While presenting the Budget for 2003-04, Finance Minister Jaswant Singh made a special mention of authors and the Budget speech read: India is highly creative, knowledge-based society; but authorship
Narrow view on authorship for tax relief illogical01-SEP-03
While presenting the Budget for 2003-04, Finance Minister Jaswant Singh made a special mention of authors and the Budget speech read: India is highly creative, knowledge-based society; but authorship
Illogical Restrictions21-MAR-03
The New Income Tax Surcharge Is Illogical10-MAR-03
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