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Convergence Bill consigned to Budget session – or even later?

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Doesn’t it seem a lot like deja vu? The Convergence Bill may finally not make its way to Parliament in the Winter session which is on currently. The group of ministers which is studying the Fali Nariman Committee recommendations and draft has not been able to decide on several issues. For starters, even on a meeting which needs attendance from all its members. Law minister Arun Jaitley, who has had a major say in a lot of policy making and is likely to continue to have a say, played truant earlier this week when he failed to turn up at one of the meetings. 

The draft is additionally being reviewed by the Federation of Chambers of Commerce and Industry (Ficci). Further the GOM’s members are also supposed to give their consent to the various clauses. Following which it will be presented to Parliament and then to a select committee for a further review.

But there are many unresolved issuess like who will blow the convergence bugle – the ministries of information technology, broadcasting or telecom? Which ministry will be the guide for convergence? Which body will be the regulator, the ombudsman or watchdog? What time frame will be set aside for setting up the Watch dog? 

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Three-four years ago, similar issues had stalled the Broadcasting Bill. Wonder whether the current government is seeeking a repeat act for Convergence. 

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Business Today MindRush returns to Mumbai, spotlight on India’s edge in a fractured world

Policymakers and corporate heavyweights gather to map supply chains, energy security and markets

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MUMBAI: As fault lines widen across global trade and geopolitics, Business Today is doubling down on India’s moment. The 14th edition of Business Today MindRush & Best CEOs Awards lands in Mumbai on March 28, pitching India’s strategic edge at the centre of a fragmenting world.

The day-long summit, presented by PwC, will bring together a tight mix of policymakers, industry leaders and market voices to decode shifting supply chains, maritime strategy, defence priorities, energy security and capital markets—sectors now deeply entangled with geopolitics.

M Nagaraju, secretary, department of financial services, ministry of finance, will headline the event, setting the tone for discussions that aim to track how India is repositioning itself amid disrupted trade routes and volatile energy dynamics.

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The speaker slate reads like a cross-section of India Inc’s command centre. Krishna Swaminathan will zero in on sea lanes and supply chains, while Prashant Ruia is set to push the case for self-reliance in oil and gas. Ashish Chauhan will weigh in on capital markets at a pivotal juncture, as a panel featuring Vibha Padalkar, Sanjiv Mehta, Amish Mehta and Sanjeev Krishan debates navigating economic uncertainty.

Leadership under pressure will be another running theme. Madhavkrishna Singhania, Sharvil Patel, Karan Bhagat and Anurag Choudhary will unpack how businesses are steering through disruption. Arun Alagappan will turn the spotlight on fertilisers, Arundhati Bhattacharya will reflect on leadership transitions, while Anish Shah and S Vellayan will outline blueprints for building future-ready conglomerates.

The event will close with Aroon Purie setting the broader editorial lens, before the Best CEOs Awards recognise standout corporate leadership across sectors.

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At a time when the global order looks increasingly splintered, MindRush 2026 is positioning itself as more than a conference—it is a signal that India intends not just to navigate the churn, but to shape it.

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