42% of resources to go to states, Centre accepts finance commission report
New Delhi: The Government of India has accepted recommendations of the 14th Finance Commission for increasing share of states in central taxes from the current 32 per cent to 42 per cent on February 24, 2015.
Carriage charges on STD calls halved by Telecom Regulatory Authority of India
New Delhi: The Telecom Regulatory Authority of India (Trai) slashed the carriage charge by close to half that telecom operators need to pay providers of long-distance telephony, for carrying STD calls on February 24, 2015. The regulator has put a cap of 35 paise (US$ 0.005) per minute ceiling …read more
Suzlon Energy completes 350 MW wind turbine deal in Brazil
New Delhi: Suzlon Energy Ltd announced that it has completed installing and commissioning 350 megawatt (MW) of wind energy in Brazil. This combined capacity includes projects located in the high wind states of Rio Grande do Norte and Ceara in Brazil.