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DoT asks Cab Secy to expedite vacation of airwaves by defence
The telecom department has written to the Cabinet Secretary seeking expeditious vacation of airwaves held by the defence forces so that the exact availability of 3G spectrum is known before the auction scheduled for December 7 takes place.

Japan's jobless rate falls to 5.5% in August: govt
Japan"s unemployment rate fell to 5.5 per cent in August, from a record 5.7 per cent in July, the first improvement in seven months, the government said today.

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Vodafone tax saga (re)surfaces
Early last week, the Mumbai revenue department issued show cause notices to Vodafone, proposing to tax offshore transaction, as a result of which Vodafone acquired a controlling interest in GSM licences from Hutch.
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Sun TV restructures business

The Sun TV Network is restructuring its distribution business into two new divisions (‘verticals’). One will handle South India operations and international business. The second will focus on expanding the Sun TV bouquet into the northern, western and eastern markets of India. - Sun TV to create two verticals - Prepared, this time - Sun TV Network profit surges 20% to Rs 130 cr - Sun TV ties up with Endemol - SAMT hikes stake in Sun TV group firm to 20% - Sun TV appoints Ajay Vidyasagar as CEO The Chennai-based television network has appointed Mohammed Mujeebuddin and Jawed Akthar to head the two units. Mujeebuddin will head the South India and International operations. His last assignment was with STAR DEN Media Services. Akthar will head the North, East and Western India operations. He was associated with the STAR group for 13 years, where he was Executive Vice President, Distribution, managing their all-India cable distribution business.In an announcement to the Bombay Stock Exchange, the company said the aim is to distribute the Sun television channels in India and internationally via all fixed networks, including cable, DTH, IPTV, HITS and MMDS. Kalanidhi Maran, chairman and managing director, said the restructuring was an important initiative, with the “vision of better leveraging of our very successful television brands across the country and internationally”.


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