Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

IN PARLIAMENT: Penal action likely on cos supplying US tech to Huawei: Prasad

PTI
Updated: July 4th, 2019, 07:00 IST
in Uncategorized
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Indian entities that will supply US-origin technology components to Chinese telecom major Huawei may face penal action under American regulations, Union minister Ravi Shankar Prasad said in Parliament Wednesday.

“Any Indian company which will act as a supplier of US-origin equipment, software, technology to Huawei and its affiliates in entity list could be subject to penal action/sanction under US regulations,” Telecom Minister Prasad said in a written reply to the Lok Sabha.

Also Read

Air India plane crash

AAIB declines request to include representative in AI plane crash probe team: Pilots’ grouping

2 weeks ago
Rainfall in Odisha

Heavy rain batters Odisha as IMD issues red alert for seven districts

2 weeks ago

He said that as per the information available till now, the Department of Commerce, USA, has added Huawei Technologies to the entity list on May 16, 2019, by amending the US Export Administration Regulations.

“Huawei’s inclusion in the entity list implies that US companies require prior export licence for sale of any equipment/software/technology to Huawei,” Prasad said.

The US government has directed its companies, including Google, not to supply software and hardware to Huawei, alleging security risk from the company.

Huawei has teamed up with Vodafone Idea to conduct 5G trials in India.

“So far six proposals have been received which include proposals from China’s ZTE and Huawei. Any field trial in respect of 5G is to be carried out only through licensed Telecom Service Providers in a restrictive, limited geographical area and for specific use case,” Prasad said.

He said a committee under Principal Scientific Adviser (PSA) has been constituted to give recommendations on various issues, including security, relating to 5G and technology trials in India.

ONGC NOT TO BE PRIVATISED

State-run ONGC will neither be disinvested nor privatised but only oilfields discovered by it are being monetised through a transparent bidding process to ensure the country’s energy security, Petroleum Minister Dharmendra Pradhan said in the Rajya Sabha Wednesday.

During Question Hour, he also said that synergy between ONGC and HPCL is fully a corporate decision.

“There are two challenges with regard to natural resources. One is to keep an estimate on how much we have and the other one is to monetise it. Disinvestment or privatisation of ONGC is not happening,” Pradhan said.

In a transparent bidding process, the government is keeping some of the discovered oilfields of ONGC on a public domain based on criteria which will produce more and pay higher to the government, he said.

“We are just monetising. ONGC can also reinvest and other government firms can also do so. Technology companies across the globe can also invest,” he said.

At a time when India is importing 80 per cent of its crude oil requirement, there is a need to monetise natural resources, he added.

The minister said the government is not privatising the ONGC but adopting a new model wherein both public and private players can participate in oil production.

To a query on ONGC and HPCL, the minister said, “Earlier, ONGC was into production alone. Bringing synergy between ONGC and HPCL, we are able to establish ourselves as one of the top 20 companies in the world. Its market appreciation has increased. It is fully a corporate decision taken in the interest of the country.”

Government’s decisions are not done secretly. In the last Budget, the finance minister had talked about taking measures to ensure energy security in the country. All these measures are in that direction, he added.

Replying to another query on future of OVL, Pradhan said the company has completed 60 years.

“OVL has invested $ 28 billion. OVL profitability is satisfactory. Under the Modi government, the investment approach has changed. Earlier, we used to invest in discovery and at developing stage. Now, many states have started giving equity in producing stage. Our OVL is taking lead in that. OVL has a golden future,” he added.

Tags: HuaweiONGCRavi Shankar PrasadTelecom Minister
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019

Archives

Editorial

Historic Deal

Trump, Netanyahu
October 15, 2025

There is no doubt the way fighting in Gaza was ended and a peace process set in motion in the...

Read moreDetails

Peacemakers

Trump-Maria
October 14, 2025

There is rejoicing as peace has started to return to the heart of the war-ravaged Middle East, and a ceasefire...

Read moreDetails

Afghanistan As Friend

Afghanistan
October 13, 2025

Some politicians and feminists are screaming that it is outrageous that the Taliban could display its misogyny on Indian soil...

Read moreDetails

Stalled Promise

October 12, 2025

Thirty five years ago, India chose to go down two paths, on both of which it remains. The first path...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST