A revised version of the draft, to be brought out in the coming days after getting comments from stakeholders, will reinstate this provision – Section 11 of the Trai Act – as well as clearly define over-the-top (OTT) communication players and make tweaks to the ways of spectrum allotment, in a bid to give more clarity and resolve any misgivings.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an