Egom

EGoM to decide MMTC floor price on Tuesday

The market capitalisation of the company is Rs 40,660 crore, of which the public free float was Rs 2,033 crore.

EGoM to meet tomorrow on RCF stake sale

The Empowered Group of Ministers (EGoM), headed by Finance Minister P Chidambaram, is likely to meet tomorrow to decide on 12.5 percent stake sale in RCF, which could fetch around Rs 300 crore to the exchequer.

EGoM okays M&A rules, merged entities to pay current mkt price for spectrum

In a merger, the resultant entity has to pay market rates for holding spectrum above 4.4 MHz that was allotted to the companies administratively at old rates.

Telecom EGoM to discuss M&A rules, auctions on Nov 22

Inter-ministerial panel Telecom Commission has suggested about 25 percent higher base price compared to the amount recommended by sectoral regulator Trai for radiowaves used for mobile phone services for the proposed auction.

Spectrum reframing issue will be placed before EGoM, says Sibal

The issue of spectrum refarming which may lead to telecom operators like Airtel, Vodafone, Idea Cellular bearing high costs will be placed before the next meeting of Empowered Group of Ministers.

EGoM to find solution to gas starved plants postponed

A meeting of the Empowered Group of Ministers (EGoM) which was to consider making available natural gas to fuel-starved power plants, has been postponed.

Spectrum price: DoT says EGoM may seek Trai opinion

It has said the EGoM could consider seeking a fresh opinion from sector regulator Trai on the price of spectrum or could, on its own, decide to revise the price downwards.

EGoM okays Rs 256cr package to rejuvenate orchards in drought-hit Maha

The Empowered Group of Ministers on Drought, headed by Agriculture Minister Sharad Pawar, today approved an additional assistance of Rs 256 crore for rejuvenation of orchards in drought-hit Maharasthra.

Spectrum auction: Telecom EGoM to meet on Monday

The government is learnt to be preparing fresh plans to auction the radiowaves that can fetch around Rs 39,895 crore.

EGoM on telecom to meet tomorrow

The Empowered Group of Ministers on telecom is likely to discuss tomorrow the number of slots operators should be allowed to bid for in the upcoming spectrum auction.