Energy and Natural Resources
The Petroleum and Natural Gas Regulatory Board (PNGRB) was created to promote investment in the downstream sectors, foster competition among entities and protect consumer interest. The recent decision of the PNGRB Board seems to be a favourable step for natural gas consumers. However, it does open up Pandora's box in terms of issues to be dealt with.
The Government of India, in its 2012 Budget, moved in a new direction with respect to certain taxes. One case is direct transfer tax where the difference between the market price and subsidized price is directly transferred to the beneficiary in the form of cash in proportion. Discussion includes international best practices and impacts related to this new legislation.
IT Hardware Industry in India
India has witnessed remarkable success in the field of information technology and business process outsourcing (IT-BPO) over the two decades. Total export revenues earned by the IT-BPO sector have grown to USD 69 billion in FY12, with the overall sector (including hardware) touching revenues of USD 100 billion. Article identifies the industry’s drivers and challenges.
Media and Entertainment
Cable Industry – Digitally ready?
The cable television industry in India is poised for one of its most significant developments in the last decade – a transformation to the Digital Addressable System (DAS) for television distribution. Authors discuss the roles of the industry’s major players, describes the industry’s outsourcing process and the key challenges to be faced as it transitions into the new technology.