&ldquo;No deduction of tax shall be made on... Payment by a person (transferee) for acquisition of software from another person (transferor), being a resident,&rdquo; the finance ministry said in a notification.

Govt to remove multi-level TDS on software 

Press Trust of India

The Telecom Commission, the highest policy-making body of the Department of Telecommunications (DoT), has decided to seek clarifications from sector regulator Trai on issues pertaining to the auction of spectrum.

DoT to seek clarity on spectrum pricing mooted by regulator

Business Standard

Uninor, a joint venture controlled by Norwegian telecom giant Telenor, on Tuesday filed an interim application in the Supreme Court, stating telecom regulator Trai&rsquo;s recommendations on spectrum auctions were not in line with the court&rsquo;s order.

Uninor moves SC on Trai's auction proposals

Bharti Airtel Chairman and Managing Director Sunil Bharti Mittal, Vodafone Plc CEO Vittorio Colao, Telenor CEO Jon Fredrik Baksaas and Idea Cellular Chairman Kumar Mangalam Birla on Wednesday met ministers and senior government officials to present the industry&rsquo;s concerns over telecom regulator Trai&rsquo;s proposals on the auction of spectrum.

Telco chiefs meet ministers, bemoan Trai's 'killer' moves

Under Smarter Cities Challenge Grant for 2012, IT giant IBM has selected Pune and Ahmedabad the only cities in India to analyze and recommend ways that will enable it to become even better places to live and work.

IBM to assist PMC provide better healthcare for Pune citizens

The Telecom Commission, the highest policy-making body of the Department of Telecommunications (DoT), has asked sector regulator Trai if there is an alternative option for fixing the reserve price of spectrum for auction.

Telecom panel questions spectrum base price

British telecom major Vodafone Plc on Tuesday served a notice of dispute on the Indian government under the international bilateral investment treaty. It asked the government to abandon or amend retrospective aspects of the proposed Finance Bill 2012 or face arbitration proceedings.

Tax issue: Vodafone serves notice on govt

The Department of Telecommunications (DoT) is considering whether the Telecom Regulatory Authority of India (Trai) can have the power to penalise telecom players for violation of licence conditions. Currently, this power is vested in DoT.

Trai may get penal powers on violation of licences

The CBI said the allocation with an incremental charge of just one per cent adjusted gross revenue led to a loss of Rs 508 crore to the exchequer.

DoT questioned on excess spectrum allocation in 2002

The retrospective amendments and a validation clause, legalising the tax demand despite the Supreme Court having quashed it, may empower the tax department to restore the earlier demand.

Vodafone tax demand may exceed Rs 20,000 cr

Five leading telecom operators have written to communications and information technology minister Kapil Sibal, saying the high cost of spectrum as recommended by the Telecom Regulatory Authority of India (Trai) is expected to raise mobile call rates by 25-30 per cent.

Five telcos seek 80% cut in base price

HCL founder and chairman Shiv Nadar has waxed eloquent about the scheme of Uttar Pradesh government to distribute tablets and laptops to students passing standard X and XII respectively.

HCL founder lauds UP's scheme of free laptop, tablet

The Supreme Court on Wednesday dismissed the review petitions moved by seven telecom companies impacted by its February decision cancelling 122 licences issued in January 2008. The telcos are Uninor, Sistema Shyam, Idea Cellular, Etisalat, S Tel, Tata Teleservices and Videocon.

Telcos' review petitions on cancelled licences rejected

Information technology (IT) services and solutions providers Wipro, CMC Ltd, Allied Digital and ECIL have each filed a Request for Proposal (RFP) for the much-debated project to install 5,000 CCTVs at 1,200 locations this city.

4 firms bid for installation of 5,000 CCTVs across Mumbai

Pranab Mukherjee&rsquo;s decision to retain the minimum alternative tax (MAT) on units in special economic zones (SEZs) might have become a bane for the information technology (IT) industry, but the move would aid the Bengal government&rsquo;s bid to keep Infosys and Wipro in the state.

MAT stay on SEZs may help Bengal keep Wipro, Infosys hopes alive

Union telecom minister Kapil Sibal on Tuesday said third-generation (3G) services had failed to deliver, as the operators had paid far more than they could afford.

3G hasn't delivered, says Kapil Sibal

Finance Minister Pranab Mukherjee on Tuesday asked Norweigan telecom company Telenor to participate in the 2G auction process and assured that the government would try to complete the exercise at the earliest.

Govt assures Telenor of early 2G auction

The Telecom Regulatory Authority of India (Trai) on Wednesday told operators Etisalat DB and STel to continue offering services till June 2, the limit specified by the Supreme Court for expiry of their licences.

Trai directs Etisalat, STel, others to carry on till June 2

Apple Inc and two publishers, Macmillan and Penguin, were accused by the US Justice Department of conspiring to fix prices of digital books to undermine Amazon.com Inc&rsquo;s dominance of the industry.

US files lawsuit against Apple 

The enforcement directorate (ED) under the department of revenue has asked the managing director of Vodafone Essar to appear before it on Tuesday, in connection with a money laundering probe.

ED summons Vodafone Essar chief on April 17

Sony Corp aims to triple sales of its mobile phones in India to Rs 3,500 crore in the year to March 2014, Kenichiro Hibi, managing director of its India unit, said, at the launch of the company's Xperia Z high-end smartphone

Sony launches Xperia Z in India; priced at Rs 38,900

Reuters

Tech News: Latest Techn news & updates on Smart Watches, Gaming Console, iOS updates with launch date and price straight from Business Standard.com.

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