GECs
Business chambers welcome hike in FDI in telecom
NEW DELHI: The Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indo – American Chamber of Commerce (IACC) has welcomed the decision of the government to increase the foreign direct investment in the telecom sector to 100 per cent.
According to a decision on FDI taken in a meeting chaired by Prime Minister Manmohan Singh, it had been decided to allow up to 49 per cent FDI by the automatic route for basic and cellular services etc., and from 49 per cent to 100 per cent through the Foreign Investments Promotion Board.
According to FICCI, the decision on enhancement of FDI limit in the Indian telecom sector from 74 per cent to 100 per cent is a positive sign and showcases government’s commitment towards improving the current investment sentiment in the sector and aiding the telecom industry to recuperate from its debt issues. “Along with the National Telecom Policy 2012 and other necessary reforms, this pro-industry announcement will benefit the Indian economy and consumers in the long term,” said FICCI president Naina Lal Kidwai.
Welcoming the proactive steps taken by the government to ease the foreign direct investment (FDI) norms in the country, primarily to stem the deteriorating current account deficit, Indo-American Chamber of Commerce (IACC) national president Shourya Mandal said, “These measures are inevitable against the backdrop of steep fall in the cross-country capital flows and subsequent heightened competition among the nations to attract the limited capital.”
In a statement Mandal said, “Undoubtedly, we have to put in place a set of checks and balances to uphold our sovereignty and interest of the domestic industry, while attracting FDI. Our rules and regulations are framed taking cognizance of that factor. Unwarranted polemics on that count should be avoided to chase our goal of transforming ourselves into a developed country from an emerging economy.”
GECs
Asianet Television Awards 2026 celebrates women power in Malayalam TV
“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.
MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.
The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.
Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.
The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.
Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.
The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.
Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.
