KOLKATA: Any steps taken by the government towards a financial bailout of Vodafone Idea (VIL) ultimately won’t be enough for the struggling telco to compete effectively against Reliance Jio Infocomm and Bharti Airtel, analysts said. “The government will find it too expensive to provide a large enough fix needed to prop up VIL for anything other than the medium-term,” Deutsche Bank said in a note seen by ET. The German investment bank said, “The Aditya Birla Group (one of VIL’s co-promoters) may even consider getting Vodafone Idea to go into bankruptcy on the chance that it may be able to repurchase the rump of the business.” It added that this was an “ambiguous area” with the government wanting to avoid promoters buying assets of their failed companies for fear of regulatory arbitrage, even though when it comes to self-declared bankruptcies, the rules are not entirely clear. Vodafone Idea faces over Rs 53,000 crore in AGR-related … [Read more...] about This is why some analysts think it may be the end of the road for Vodafone-Idea
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NEW DELHI: No coercive action will be taken against telecom service providers following the Supreme Court direction to pay outstanding on account of Adjusted Gross Revenue (AGR) in three months, a Department of Telecommunications (DoT) in an internal note Thursday said. "You are directed to not to take any coercive action against the licensees in case they fail to comply with the Supreme Court order, until further orders, " a director of the DoT's Licensing Finance Policy Wing in a notification said. The note was issued by the approval of the Member (Finance). Both Vodafone Idea and Bharti Airtel have sought time from the DoT since the modification plea was under consideration by the top court on the payment of statutory dues. Vodafone Idea which is facing the highest dues worth Rs 53,000 crore has said that although it would comply with the apex court’s orders but the government should hold on till the next hearing before demanding the outstanding. Earlier, the ET has … [Read more...] about Finally, DoT has some good news for Airtel, Vodafone
Today’s finding came from pulling data from 18 other studies that followed people after they received the results of genetic tests. Receiving information about genetic risks didn’t inspire people to eat differently, exercise more, or stop smoking, according to today’s report in the British Medical Journal. Nor were they likely to wear more sunscreen or drink less booze. In fact, no significant behavioral effects for genetic testing were found at all. "Expectations have been high that giving people information about their genetic risk will empower them to change their behavior - to eat more healthily or to stop smoking, for example - but we have found no evidence that this is the case," study author Theresa Marteau, director of behavior and health research at the University of Cambridge, said in a press release. … [Read more...] about Genetic testing doesn’t change how most people behave, study finds
At its "Spring Forward" event, Apple showed off how some of the most popular apps will look on its upcoming smartwatch. But there was one category that was conspicuously absent: games. Despite being the most popular (and top-grossing) category in the App Store, not a single game was shown during the event. We already know that there are games in the works for the Apple Watch, but when the device launches next month, don't expect it to be packed full of your favorite iPhone time-wasters. … [Read more...] about Where are all the Apple Watch games?
This is the first ResearchKit app to get an international release. Until recently, the ResearchKit software platform — a platform designed to let scientists create iPhone apps to recruit study participants — could only be used to run studies in the US. Since its launch in March, the MyHeart Counts app has enrolled more than 41,000 US participants. But that's just the beginning; the researchers behind the study want to make MyHeart Counts the largest study of measured physical activity and cardiovascular health to date. The international release is no doubt part of their efforts to reach that goal. … [Read more...] about Apple’s ResearchKit expands internationally