Scheme on telecom products will be implemented from April 1
A sustained move above Rs 38 levels may see an aggressive upside in Hathway Cable and Datacom
The Cabinet also approved the Centre's increased contribution for both employees and employers share (to 12 per cent from 10 per cent) under the Employees' Provident Fund for another 3 months
According to the Ordinance, for the first offence, a person can be jailed for one to seven years with a fine ranging from Rs 100,000 to Rs 300,000
The Union Cabinet headed by Prime Minister Narendra Modi also approved another promotion of medical device parks scheme worth Rs 400 crore for financing common infrastructure facilities
The approval was accorded at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi
Briefing reporters about the decisions of cabinet, Information and Broadcasting Minister Prakash Javadekar said no document is being sought and the information will be self-declared
The Railways will also now have just two departments -- Railway Protection Force and Medical Service Department -- with all its other departments coming under one Railway Management System
This will allow public sector banks (PSBs) to buy pooled assets from financially sound entities