Tata Tele merger DoT seeks Rs 7200 cr bank guarantee from Airtel

first_imgNew Delhi: The Department of Telecom has given approval for the merger of Tata Teleservices (TTSL) with Bharti Airtel, subject to the condition that the Sunil Bharti Mittal-led firm furnishes Rs 7,200 crore worth bank guarantee, a government official said. On April 9, telecom minister Manoj Sinha gave a conditional nod for the merger, the official said. Subsequent to the minister’s approval, the official said, that DoT has asked Airtel to furnish bank guarantee totalling Rs 7,200 crore. Also Read – Thermal coal import may surpass 200 MT this fiscal”Both companies also need to submit undertaking on matter related to court cases before merger is taken on record,” the official said. The merger will be taken on record after Airtel submits bank guarantee of about Rs 6,000 crore for one-time spectrum charges and another Rs 1,200 crore for the spectrum that would be acquired from TTSL. There is also a “very small amount” of dues that has to be cleared by TTSL before consummation of the deal, another official said. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostAs part of the proposed agreement, Airtel will absorb Tata consumer mobile business (CMB) operations in 19 telecom circles (17 under TTSL and 2 under Tata Teleservices (Maharashtra) Ltd ). It also agreed to take over a small portion of the unpaid spectrum liability of Tata. The merger will bolster Airtel’s spectrum pool with significant additional 178.5 MHz spectrum in 1800, 2100 and 850 MHz bands, all widely used for 4G. The proposed merger will include transfer of all the customers and assets of Tata CMB to Airtel.last_img read more

Rohit Yadav sets under18 national javelin throw record

first_imgSonipat: Rohit Yadav of Uttar Pradesh stole the limelight with an under-18 national record throw of 81.75m in the boys preliminary round of the second Athletics Federation of India National Javelin Throw Open Championship here Monday. The 17-year-old from Jaunpur improved on the national record of the 79.29m for boys under-18 set by Mohammed Hadeesh Apia in September 2015. Yadav had also recorded a throw of 79.83m in the SGFI National School Games in Nadiad, Gujarat, in February. Also Read – Puducherry on top after 8-wkt win over ChandigarhThe final will be held on Tuesday. Haryana women trio of Poonam Rani, Monica and Shilpa Rana swept the medals with efforts of 49.53m, 42.46m and 39.89m. Poonam Rani, the 24-year-old from Jhajjar, has a clutch of All-India Inter-University crowns and has thrown over 50m. With national javelin coach Uwe Hohn and biomechanics specialist Dr. Klaus Bartonietz keenly watching the proceedings, it seemed natural that the intensity of competition was high and that there was an eagerness to showcase raw talent. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterMeanwhile, in the second AFI National 400m Open Championships in Lucknow, it was a teenager sprinter Vikrant Panchal (Haryana) who took the spotlight with a time of 48.06 seconds in the boys under-20 preliminary semifinals. It was the second time in the day that he breached the 49-second mark, having clocked 48.40 seconds in the preliminary heats. Haryana’s Pankaj Malik, 21, clocked the fastest time in the men’s semifinals. His time of 48.54 seconds was better than the 48.97 clocked by M Ramachandran (Tamil Nadu), in the other semifinals heats. Gujarat’s Vishal Chaturbhai had set the pace in the preliminaries with a time of 48.66 seconds.last_img read more

Sunny Deol escapes unhurt in Gurdaspur mishap

first_imgGurdaspur: Actor-turned politician Sunny Deol escaped unhurt after his vehicle was involved in a collision with three cars here on Monday, police said. The mishap occurred after one of the tyres in Deol’s sports utility vehicle burst near a ‘Gurdwara’ in Sohal village here, Gurdaspur Deputy Superintendent of Police (rural) Manjit Singh told PTI. A total of four vehicles collided with each other in the accident. Deol’s cavalcade was going towards Fatehgarh Churian where the BJP candidate had to campaign, the DSP said. “Out of four, one vehicle belonged to a villager, rest other vehicles were part of Deol’s cavalcade,” he said. Nobody was hurt in the accident, he said. After the accident, Deol resumed his journey to Fatehgarh Churian for poll campaigning, the DSP said. Deol is pitted against Congress candidate and sitting MP Sunil Jakhar from Gurdaspur Lok Sabha seat.last_img read more

King Mohammed VI Flies To Mali

first_imgRabat – King Mohammed VI left this afternoon Morocco, heading to Bamako for an official visit to Mali, first leg of an African trip that will take the Sovereign to Cote D’Ivoire, Guinea-Conakry and Gabon.The royal delegation includes the Sovereign’s advisors Taib Fassi Fihri and Fouad Ali El Himma, as well as the Minister of Foreign Affairs and Aooperation, Salaheddine Mezouar, Minister of Habous and Islamic Affairs, Ahmed Toufiq, Economy and Finance Minister, Mohamed Boussaid, Agriculture and Fisheries Minister, Aziz Akhannouch, Equipement, Transport and Logistics Minister, Aziz Rebbah, Industry, Trade, Investment and Numeric Economy Minister, Moulay Hafid Elalamy, Health Minister, El Houceine El Ouardi, Energy, Mining, Water and Environment Minister, Abdelkader Amara, Tourism Minister, Lahcen Haddad and Youssef Amrani, chargé de mission at the Royal office.A business and economic executive delegation and other civil and military figures are also part of the Sovereign’s delegation.last_img read more

Gallery OSU vs Indiana

OSU junior tight end Marcus Baugh (85) is forced out of bounds during the first half against Indiana on Oct. 8. The Buckeyes won 38-17. Credit: Alexa Mavrogianis | Photo Editor The Ohio State Buckeyes took on the Indiana Hoosiers on Oct. 8 at Ohio Stadium. The Buckeyes came away with a 38-17 victory.

Successful switch Former tight end Reid Fragel settles in at right tackle

Reid Fragel was a tight end in his first three seasons with the Ohio State football team, so it should come as no surprise that his transition to right tackle in his senior season has been a challenge.Fragel said he finally felt comfortable, however, in the Buckeyes’ fourth game of the season, a 29-15 victory against the University of Alabama-Birmingham Saturday.“I think so far that’s the best I’ve played at tackle,” Fragel said.This week, however, Fragel prepares for what could be a much greater challenge, as the Buckeyes travel to East Lansing, Mich., to play the No. 20 Michigan State Spartans in their Big Ten opener at 3:30 p.m. on Saturday. Against the Spartans, Fragel will be lining up primarily against Spartans defensive end William Gholston, who was an All-Big Ten second-team selection in 2011.“He’s got length,” Fragel said of Gholston. “I think that’s his main weapon, he likes to use his hands a lot and uses his reach. He’s quick off the ball, he’s got size, too, so it’ll be a good challenge for us.”The MSU game will be a homecoming for Fragel as well. For the first time in his OSU career, Fragel will have the opportunity to play in East Lansing, Mich., which is located less than 100 miles from Fragel’s home town of Grosse Pointe Farms, Mich.“That’s a game I’ve been looking forward to for a while,” Fragel said. “Obviously that’s my home state, so (I’ve) got some friends and family up there that will be at the game.”Fragel caught 14 passes over the course of three years playing tight end, but he became a starter for the first time after converting to right tackle and winning a position battle over freshman Taylor Decker in fall camp.Coach Urban Meyer listed Fragel as one of the offensive players who graded out as “champions” for his performance against UAB, and gave him praise during Monday’s press conference.“(Fragel) played his best game as a Buckeye,” Meyer said. “Best game of the year, really best game of his career.”Two of Fragel’s fellow starters on the OSU offense echoed Meyer’s sentiments.“We’ve seen a lot of guys step up,” said senior fullback Zach Boren. “Reid Fragel played the best game I’ve ever seen him play since he’s been here this past year.”Redshirt junior Corey Linsley said he felt similarly.“It was an awesome showing for Reid,” Linsley said. “It was great because everybody knows on the team Reid has so much talent. He’s huge, and he’s got athleticism, more athleticism than anybody, and it was great to see him finally use all of his potential.”Linsley said it was clear before Saturday’s game even started that Fragel came into the game with more energy than usual.“Even before the game, I knew it was going to be his best game,” Linsley said.Fragel said he “tried to be a little bit more energetic” on Saturday.“I knew we had to come out a lot harder and play with a little more tempo,” Fragel said. “I kind of just tried to help out I guess, and provide some energy.”Linsley said Fragel’s performance stood out during the highlight film that Meyer showed the entire team on Sunday.“They showed that film yesterday of the offense cutting through the defense and it was basically just a Reid Fragel highlight show,” Linsley said. “He was smiling all day yesterday, and high-fiving everybody, it was great to see him finally do that.”Fragel said it was a “good feeling” to be acknowledged for his positive plays in the UAB game, but also recognized that he has to continue to improve for the team’s upcoming game against the Spartans.“I know there was some things that I watched aside from that film that I need to correct, get better and improve for Michigan State,” Fragel said. “Not to downplay UAB at all, but the athletes that Michigan State have, we’re going to need to execute a lot better.”Linsley said playing against Gholston will be a great opportunity for Fragel to shine.“I think that’s even a better opportunity to take what he learned from this game, and to just put it in action against a really good player,” Linsley said. read more

Brazil vs Mexico Lineups announced

first_imgFilipe Luis will start in Marcelo’s place for Brazil today as they look to continue their pursuit of a sixth world title by defeating Mexico in today last-16 encounterTite’s side have won 19 of their last 24 games since he took charge two years ago along with an impressive 18 clean sheets.While Marcelo had trained normally yesterday, he will start from the bench and may be used as a substitute later on in the match.Right-back Danilo has recovered from the thigh problem, but has been overlooked in favour of Fagner.Mexico’s 39-year-old captain Rafael Marquez will start for El Tri in this decisive encounter as the side look to avoid a seventh consecutive last-16 exit at the World Cup.Neymar, BrazilNeymar can win the Ballon d’Or, says Ander Herrera Andrew Smyth – September 13, 2019 An “excited” Ander Herrera believes new Paris Saint-Germain team-mate Neymar is a contender for the Ballon d’Or alongside Kylian Mbappe.However, centre-back Hector Moreno is suspended with Hugo Ayala being called up in his place.The teams are in for #BRAMEX! #WorldCup?????? pic.twitter.com/cayJmgV2fJ— FIFA World Cup ?? (@FIFAWorldCup) July 2, 2018last_img read more