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BSNL expects to garner more marketshare after Jio move
Posted on 12th October 2019
Kolkata: Crisis-ridden Bharat Sanchar Nigam Ltd (BSNL) is hoping to boost marketshare, following Reliance Jio's decision to charge 6 paise per minute for voice calls made to mobile phone networks of rival operators.

The state-run telecom operator is also expecting to get 4G spectrum soon, company officials said.

"We see a silver lining. We expect 3-4 per cent gain in marketshare from our current levels due to Jio's announcement," BSNL Bengal Circle CGM Ramakant Sharma told reporters here.

At present, BSNL has a marketshare of about 6 per cent in the Bengal circle, which he expects to increase to 10 per cent. It enjoys a marketshare of 12 per cent nationally.

"It could gather growth momentum for us in adding higher number of subscribers," Calutta Telephones CGM Biswajit Paul said.

Sharma said on an average, a subscriber calls 60 minutes a day, and if the entire duration is on off-network (off-net), it will translate into an additional cost of Rs 3.6 per day or Rs 101 for 28 days, for a Jio user.

On Wednesday, billionaire Mukesh Ambani's Reliance Jio flagged the regulatory uncertainty over review of sunset clause for call termination charges, and announced it will charge customers 6 paise per minute for voice calls made to rival phone networks, but will compensate users by giving free data of equal value.

Jio had said the 6-paise charge will remain in place till the time telecom operators are required to pay rivals for mobile phone calls made by their users to other operators' network.

BSNL had on Thursday asserted that a plan for revival of the state-owned company is under active consideration of the government.

The plan entails giving suitable package comprising components like voluntary retirement scheme (VRS) and 4G spectrum, and allowing monetisation of assets.

Related Companies: Bharat Sanchar Nigam Limited (BSNL)   

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Adani Gas crashes 14% on report of gas regulator's notice on non-disclosure
Posted on 24th January 2020

Shares of Adani Gas slipped 14 per cent to Rs 148 on the BSE in Friday's session on reports that Petroleum and Natural Gas Regulatory Board of India (PNGRB) has sent a notice to the company for failing to disclose crucial information regarding a scheme of arrangement with Adani Enterprises.

According to the report by TV channel CNBC Awaaz, Adani Gas has bid for gas projects using networth calculations of Adani Enterprises and that the company’s shareholding changes and restructuring violated city gas distribution regulations.


Shiv Sena questions Centre on democracy ranking drop, economic woes
Posted on 24th January 2020

The Shiv Sena on Friday said there have been attempts to muzzle dissenting voices and this is one of the reasons for India slipping in the 2019 Democracy Index’s global ranking. An editorial in Sena mouthpiece Saamana said a slowdown in economy gives rise to unrest and instability, and this was getting reflected in the prevailing situation in the country.

Now (after an economic slowdown) there is a slide in (India’s) global democracy index ranking, the Marathi daily said.


Grilled on CAA at WEF, Goyal says Muslims in India safer than anywhere else
Posted on 24th January 2020

Union minister Piyush Goyal on Thursday said Muslims in India are safer than most places in the world.

India is probably one of the most inclusive societies in the world, Goyal said here at a session on 'Strategic Outlook: India' at the WEF 2020.


Judge who issued death warrants against Nirbhaya rapists transferred to Supreme Court registry
Posted on 24th January 2020

A Delhi court judge who issued death warrants for all four convicts in Nirbhaya case has been transferred to the Supreme court registry.

Judge Satish Arora has been appointed as additional registrar in the Supreme Court on a deputation for a year.

Satish Arora had been hearing the petition of parents of Nirbhaya seeking to expedite the process of execution.


Companies announce clinical trials for vaccine against China virus
Posted on 24th January 2020

Clinical trials for a vaccine against the new virus sweeping China could be carried out in the summer, the head of an anti-epidemic coalition said on Thursday, as different companies announced research into the disease.

We can announce that we have three partnerships to develop vaccines against the novel coronavirus, Richard Hatchett, chief executive of the Coalition for Epidemic Preparedness Innovations (CEPI), said in Davos.


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