Vodafone Idea's cash flow analysis indicates that its situation may remain challenging even after any relief measures, and the telco needs "meaningful capital infusion" with a long gestation period to become competitive, a report by Credit Suisse said on Wednesday. The report expects Airtel to be "well placed" in either of the scenarios, of two-private-operator sector, or three private operators post an industry repair. The note by Credit Suisse on the Indian telecom sector said there has been increasing interest among investors to evaluate valuations of Bharti Airtel and Indus Towers under two situations, in the wake of recent developments.
The CBI has arrested former Maharashtra Home minister Anil Deshmukh's lawyer Anand Daga for allegedly trying to subvert the probe against him, officials said.
The central agency Wednesday examined Deshmukh's son-in-law Gaurav Chaturvedi and lawyer Anand Daga in over its probe after which an FIR was registered, they said.
The city also witnessed cold wave conditions, as the minimum temperature was less than 10 degrees Celsius and five notches below normal, according to Mahesh Palawat, an expert at Skymet Weather, a private forecasting agency.
The cost of such treatment is to be borne by Waze and his family, the court said.
The government will transfer about Rs 16,000 crore of unpaid fuel bills and other pending dues that Air India owes to suppliers, to a special purpose vehicle before handing over the loss-making airline to the Tata Group, a senior official said. Air India Assets Holding Ltd (AIAHL), which will hold non-core assets of Air India such as land and building, will also be saddled with 75 per cent of the airline's debt that the Tata Group is not taking over. Besides the debt, the excess liability going to AIAHL comprises unpaid fuel bills to oil companies, airport operators and vendors, said Tuhin Kanta Pandey, Secretary to the Department of Investment and Public Asset Management - the department running the privatisation programme of the government.
Novak Djokovic blamed "human error" on Wednesday for a mistake in his Australian immigration paperwork and apologised for breaking isolation for a photoshoot when he had COVID-19 last month.
The so-called claims of 'proof' against India enjoy no credibility, are fabricated and represent figments of imagination, the MEA said.
Successive elections have demonstrated that the BJP campaign switches towards polarisation when it is faced with palpable discontent among the electorate, notes Utkarsh Mishra.
He slammed the Samajwadi Party for being sympathetic towards terrorists and claimed that the previous government headed by it had sought to withdraw cases against several terror accused as 'a return gift'.
The Looming Tower reveals the bitter CIA-FBI turf battles that led to the worst terrorist attack in America's history.
A vehicle-borne IED blast was averted as security forces detected a car laden with 45 kg of explosives in Pulwama.
A day after Param Bir Singh was shunted out as Mumbai police commissioner, Maharashtra Home Minister Anil Deshmukh on Thursday said he was transferred after some of his colleagues committed 'serious and unforgivable mistakes'.
India has a history of jugaad, and retrofitting vehicles is one such manifestation of the legendary Indian skill. Not so long ago autorickshaws and small Marutis used to strap on subsidised LPG cylinders and power themselves to a cheap ride. There were the odd explosions, lives were lost, but the jugaad continued. Then compressed natural gas (CNG) was introduced in Delhi following a court order. Initially, customised CNG kits were fitted to conventional (internal combustion engine or ICE) autos cheaply, enabling commuting at less than half of what you would cough up for diesel. The industry is better organised now with Suzuki and Hyundai designing CNG-fired vehicles, and Mahindra and TVS manufacturing liquefied petroleum gas (LPG)-powered three wheelers.
Lack of sleep affects your mood, brain performance, and overall health besides increasing the risk of many diseases like heart disease, obesity, dementia, and stroke.
The PSG frontline is already formidable, with Messi's former Barca team mate Neymar and young France striker Kylian Mbappe seen as two of the best players on the planet.
Responding to questions on Pakistan Prime Minister Imran Khan quoting a European Union disinformation lab report to accuse India of subversive activities through fake media organisations and similar allegations by Pakistan Foreign Minister Shah Mehmood Qureshi, Ministry of External Affairs Spokesperson Anurag Srivastava said that as a responsible democracy, India does not practice disinformation campaigns.
Deshmukh denied the allegations raised against him by Singh during questioning and told the officers that they were an attempt to malign the image of the state government, sources said.
Germany's foreign intelligence agency helped the Central Investigation Agency track down Osama bin Laden in Pakistan, before the Al Qaeda leader was killed by United States special forces in May 2011, according to a media report today.
The explosives are called "Super-90" or S-90 in short, the official said.
The government has initiated the process for inviting financial bids for the sale of national carrier Air India and the deal is likely to conclude by September, sources said. Salt-to-software conglomerate Tata Group was among the "multiple" entities that had put in preliminary bids for buying loss-making Air India in December last year. The sources said that after analysing the preliminary bids, eligible bidders were given access to the Virtual Data Room (VDR) of Air India, following which investors' queries were answered.
Transformed! The Mahim Reti Bunder Beach gets a facelift.
Measures reportedly being mulled by the government to ease telecom industry's stress and fundraising may give Vodafone Idea the much-needed breather, but structural issue undermining the sector can be fixed only with "sizable" tariff hike for 4G prepaid customers, according to a note by Edelweiss. It further observed that as Voda Idea's large liabilities are falling due, and given the impending launch of JioPhone Next (whose rollout timeline has now been pushed to before Diwali), "the sooner the government measures as well as tariff hikes are rolled out, the better it is". It is pertinent to mention here that the telecom sector has been keenly watching out for the relief package, which could include redefinition of Adjusted Gross Revenue (AGR) to exclude non-telecom items, cut in levies such as Spectrum Usage Charges and easier terms and conditions for surrendering radiowaves to the government.
A 1990-batch officer of the Maharashtra cadre, Waze, also known as an "encounter cop", was earlier suspended after his arrest by the National Investigation Agency in the SUV-cum-murder case on March 13.
Dhansa and Jharoda Kalan borders were closed for traffic movement due to the demonstration and commuters were asked to take an alternative route, the Delhi Traffic Police said.
Zippy and comfortable, the Mini Convertible is a perfect car for short jaunts, but this isn't the ride you'd choose to take your entire family to the airport or pick for a long family excursion, says Pavan Lall.
Osama bin Laden had hinted at 9/11 attacks six months before the terror strike while addressing American "recruits" in Afghanistan, a media report said on Friday.
"It was just too much of a coincidence that that house, that unusual-looking house would be built in that community near the military academy, surrounded by retired military professionals, even though, we couldn't prove it," she said.
The Central Reserve Police Force (CRPF) that lost 40 troopers in the 2019 Pulwama terror attack said on Sunday that the country 'did not forgive' and 'will not forget' the supreme sacrifice made by the personnel.
Tata Sons has emerged as the top bidder for the takeover of debt-laden State-run airline Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah, sources said.
The US move comes nearly year and half after Hamza was officially announced by al-Qaeda chief Ayman al-Zawahiri as an official member of the group.
The memorial is inscribed with the names of all the 40 troopers along with their photographs and the motto of the Central Reserve Police Force -- 'Seva and Nishtha' (Service and Loyalty).
A close lieutenant of slain Al Qaeda leader Osama bin Laden has been sentenced to life in prison for multiple terrorism offences relating to his participation in the terror group's conspiracy to kill Americans overseas.
While this gesture is hardly the first display of the former Indian coach's philanthropic nature, yet he prefers not to speak about the various initiatives he undertakes despite being pressed for an answer. In fact, even this donation would have escaped the attention had it not been for a youngster who insisted on a photo being clicked with the former India international.
The US defence department chose to sidestep queries on whether it had the authority to carry out unilateral action against Taliban or al Qaeda leadership on Pakistani soil but pressed Islamabad to "move rapidly" against the militants in its restive tribal areas.
It will be difficult for Lionel Messi to remain at Barcelona after he made public his desire to leave the Spanish club, his father and agent Jorge Messi said on Wednesday as he arrived in the city to negotiate his son's future.
Amid an existential crisis confronting the company, Vodafone Idea CEO Ravinder Takkar has reached out to consumers reaffirming the telco's commitment to continue providing "superior services and best-in-class propositions". Thanking users for their continued support as the company approaches first anniversary of 'Vi' branding, Takkar noted that Vi came with a promise of a better tomorrow, bringing the best in technology, services and solutions for the Digital India and Digital Bharat. The company will continue to deliver on this promise to keep users ahead, Takkar said in the mailer to consumers.
Maharashtra Navnirman Sena chief Raj Thackeray on Tuesday said migrant workers from other states were responsible for the rapid spread of coronavirus in Maharashtra, which has been reporting a large number of new infections since the last few weeks.
A first information report (FIR) was registered Sunday under the Unlawful Activities (Prevention) Act after two explosives-laden drones crashed into the Indian Air Force station at Jammu airport, officials said, while indicating that the case is likely to be taken over by the terror probe agency National Investigation Agency.
Wearing a T-shirt that read "This is Paris," Messi beamed and waved at scores of fans who had come to greet him at Le Bourget airport on the outskirts of the French capital after his flight from Barcelona.
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