Citizens' Issues
In a first, French contingent to join in Republic Day parade
New Delhi : For the first time ever, a foreign contingent will participate in the Republic Day parade -- French troops will march down the Rajpath on January 26, official sources said.
 
Sources from the defence ministry said that a contingent of the French army will participate in the march.
 
The French contingent will march down the Rajpath as French President Francois Hollande will be seated as the chief guest at the Republic Day celebrations this year.
 
In 2009, India participated in the Bastille Day Military Parade or 14 July Military Parade, the oldest regular military parade in the world.
 
Then President Nicolas Sarkozy invited Indian Prime Minister Manmohan Singh, to attend the event as the guest of honour. Soldiers including jawans of Maratha Light Infantry Regiment Centre (MLIRC) marched down the Champs Elysees to the sound of an Indian military band playing Indian martial tunes including "Saare Jahan Se Achcha".
 
This is the fifth time a French leader will be the chief guest at the Republic Day parade, the highest for any country. Earlier leaders from that country had presided in 1976, 1980, 1998 and 2008.
 
Defence relations between the two nations have been growing close, with the deal for buying 36 Rafale jets, which was finalised recently, being the latest feat.
 
Meanwhile, a French contingent comprising 56 personnel of 35th Infantry Regiment of 7th Armoured Brigade, which had taken part in the Afghan war, arrived in Jodhpur to take part in eight-day long counter insurgency joint exercise 'Shakti-2016'.
 
The contingent, led by Major Thibaut De Lacoste Lareymondie arrived on Thursday at the Mahajan Field Firing Ranges.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

TRAI gets 24 lakh comments on differential pricing paper
New Delhi : Indian telecom regulator TRAI has received 24 lakh comments from stakeholders on its consultation paper on "Differential Pricing for Data Services" where operators said pricing flexibility is a core tenet of marketing and innovation, an official statement said here on Friday.
 
The last date of submission of comments was on January 7 and the Telecom Regulatory Authority of India (TRAI) will come out with counter-comments by January 14.
 
"Majority of the comments received are template responses and many of which do not address the specific questions that were raised in the consultation paper. In view of the fact that there is quite a large number of responses and also that many of these are repetitive template responses, no useful purpose would be served by publishing all such responses," the regulator said in the statement said.
 
"Therefore, it has been decided to publish only sample copies of responses which contain identical or similar subjects/ source or contents," it added.
 
The regulator on December 9 said differential pricing of data services, an important aspect of net neutrality, by various operators might potentially go against the principle of non-discriminatory tariff and sought comments or opinions from stakeholders.
 
The regulator received comments from service providers like Bharti Airtel, Vodafone India, Reliance Communications, Aircel, Idea Cellular, Sistema Shyam Teleservices, Tata Teleservices, Telewings Communications Services, Videocon and state-run Bharat Sanchar Nigam Limited.
 
"Pricing flexibility is a core tenet of marketing and innovation. The differential pricing or marketing innovation is critical for the growth of data services. 
 
Customers find differential offerings, a great value proposition as these enable them to use various products or services of their choice at a much lower price. Thus, TSPs (telecom service providers) should continue to have the flexibility to offer a variety of packages to consumers," Bharti Airtel said in its comments.
 
British telecom major Vodafone India said: "The content provider may like to enter into commercial arrangements with the service providers to offer a differential tariff for its content. 
 
"Such arrangements will be a win-win for the customers, the telecom operators and content or app developers as it will help defray the costs of infrastructure build-out, ensure affordable services and high quality experience to end users, which in turn will fuel development and growth of the market."
 
Industrialist Anil Ambani-led Reliance Communications (RCOM) said: "The Authority should allow the offering of differential pricings within the scope of the existing regulations itself. Imposition of any further regulations on data services will only distort the market and could be to the detriment of the end users." 
 
The regulator said more than 13.5 lakh were comments received through [email protected]
 
"About 5.44 lakh comments have been received through [email protected]'. Most of these responses are in support of a specific product, that is, 'Free basics', even though the consultation paper had not raised any issue on such specific product without addressing the questions raised in the consultation paper," it said.
 
RCOM, the only telecom service provider offering Free Basics in India, on December 23 said its commercial launch has been put on hold after the regulator said it should not come till the ruling on differential pricing is out.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

Aircel-Maxis: ED charge sheets Dayanidhi Maran, others
New Delhi : Enforcement Directorate (ED) on Friday filed a charge sheet against former communications minister Dayanidhi Maran and five others involved in a money laundering case related to the Aircel-Maxis deal.
 
The charge sheet was filed before Special Judge O.P. Saini, who has fixed January 18 for further hearing.
 
ED has named Maran, his brothers Kalanithi Maran, Kalanithi's wife Kavery Kalanithi, company South Asia FM Ltd. (SAFL) and its managing director K. Shanmugam and firm Sun Direct TV Pvt. Ltd. (SDTPL) for money laundering of Rs.742.58 crore.
 
It was alleged that Dayanidhi Maran influenced a Malaysian businessman to buy Aircel by coercing its owner Sivasankaran to part with his stake.
 
The ED has booked the accused under various charges dealing with money laundering.
 
The investigation has revealed that Rs.742.58 crore was paid to Dayanidhi Maran by Mauritius based companies.
 
The money was paid to SDTPL and SAFL, both of which are owned and controlled by Kalanithi Maran.
 
The money was utilised by the two companies in their business, ED said.
 
The probe revealed that promoters of the SDTPL are Kalanithi Maran and Kavery Kalanithi.
 
"Dayanidhi Maran obtained the proceeds of crime to the tune of Rs.742.58 crore through the companies of his relatives by camouflaging the proceeds of crime as capital contribution in SDTPL and SAFL and has committed the offence of money laundering in receiving the said proceeds of crime in the said companies owned and controlled by his brother, Kalanithi Maran and Kavery Kalanithi," the investigation report said.
 
It added that Shanmugam was responsible for managing affairs of SAFL as managing director who assisted in money laundering process.
 
In this case of illegal gratification to Dayanidhi Maran, investigation under PMLA of Maxis, Berhad Malaysia, T. Ananda Krishnan, Augustus Ralph Marshall, South Asia Entertainment Holding Ltd (SAEHL), Mauritius, South Asia Software Technology Ltd (SASTL), Mauritius, South Asia Multimedia Technology Ltd, Mauritius (SAMTL) and Astro All Asia Networks Plc, Britain (Astro) is being carried out by sending Letter of Request to Mauritius and Malaysia, the ED stated.
 
The execution reports are awaited from these countries, it added.
 
Investigation pertaining to involvement of the foreign nationals and others was still being carried out, while further investigation was also being conducted related to Foreign Investment Promotion Board (FIPB) approval in Aircel-Maxis feal and other issues, it said.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)