The Supreme Court permitted the Telecom Regulatory Authority of India (TRAI) to go ahead with draft tariff order and interconnect regulations to fix television prices for the Rs 54,220-crore Indian television industry. A bench led by Justice PC Gosh modified the Madras HC's status quo order of December 23 that essentially froze the Trai's powers to fix television prices. However, it said the final
regulations/tariff orders shall be submitted to the apex court.
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