The government's decision to grant two-year moratorium on spectrum payments to telecom companies will provide near-term cash flow relief, especially to Vodafone Idea, but the move by itself may not be enough to address leverage concerns of the troubled telcos, leading analysts said."We await clarity on whether this is the extent of relief that the government is willing to offer or whether there could be more measures forthcoming," Citi said in its latest report.It said that while the deferment of spectrum auction payments for two years, that is 2020-21 and 2021-22, will offer some much-needed cash flow relief, particularly to Vodafone Idea, that "by itself may not be sufficient to address leverage concerns of the companies".Close Credit Suisse in its report on Thursday said that while deferment of spectrum auction payment is in line with its expectations, "no decision on license fees reduction is clearly negative". related news Bank unions to stage dharna before Parliament … [Read more...] about Part relief for telcos from 2-year spectrum moratorium but more measures needed: Analysts
24 year old woman killed in car crash
Peter Landesman is used to tackling tough subjects. The former New York Times Magazine journalist has written about everything from Russian arms traffickers to genocide in Rwanda. So perhaps it’s not surprising that he sounds non-plussed when he talks about doling out some harsh blows to the NFL in his new film, Concussion. Based on a true story, the film stars Will Smith as Dr. Bennet Omalu, a forensic pathologist who first diagnoses C.T.E., a degenerative brain disease linked to repeated head blows, in 2005. Omalu discovered several cases of C.T.E.-amongst former NFL players whom he performed autopsies on, a number of whom had ended their lives in suicide. He, and the film, attack the NFL for initially denying any connection between C.T.E. and football players, and trying to discredit Omalu’s findings. advertisement advertisement “[NFL commissioner] Roger Goodell doesn’t really worry me that much,” say Landesman, who wrote and directed the … [Read more...] about How Writer/Director Peter Landesman Took on the NFL With ‘Concussion’
Around 3:15 p.m. yesterday, a building in Manhattan’s East Village neighborhood exploded and caught fire, injuring 19 people–three critically. As of this writing, at least two people are reported missing. advertisement advertisement The blast, apparently “caused by plumbing and gas work being done” in the neighborhood, according to the New York Times, shook nearby restaurants, drew crowds of people into the streets, and sent up a thick gray smoke plume that could be seen across the city. As often happens now, witnesses tweeted and Instagrammed photos and videos of the scene. But for the first time, people also flocked to two brand-new live-streaming apps: the month-old Meerkat and the then-hours-old Periscope. Live-streaming video has suddenly gotten easier than ever before–and as is the case every time social media takes a leap forward, a host of practical and ethical questions about using technology during times of tragedy have presented … [Read more...] about Is It Wrong To Watch?
Mahinda Rajapaksa on November 21 becomes new prime minister of the Sri Lanka after incumbent Ranil Wickremesinghe formally resigned from his chair.Mahinda will be island nation prime minister cabinet until the general election in August 2020. He is the elder brother of the newly-elected President Gotabhaya Rajapaksa.The 74-year-old leader, who describes himself as "a rebel with a cause", earlier served as the country's president from 2005-2015. He was also prime minister for a brief period in 2018.Close Gotabhaya on Wednesday named Mahinda as the new prime minister after incumbent Wickremesinghe announced his resignation from the post following the presidential election debacle of his United National Party (UNP). related news OECD trims global 2020 growth forecast Jaguar Land Rover chief wants alliances, not a merger BMW orders more than 10 billion euros' worth of battery cells Gotabhaya defeated UNP's Deputy Leader Sajith Premadasa in the presidential … [Read more...] about Mahinda Rajapaksa takes oath as Sri Lanka’s new prime minister
“How about this, it’s fucking Christmas, and your whole family goes on vacation and they forget their eight-year-old fucking son.” advertisement advertisement Sound familiar? If you said it sounds like a (salty) adult’s retelling of the plot line of Home Alone, you’re getting warm. It’s actually Macaulay Culkin himself who’s doing the retelling, playing the grown-up version of Kevin McCallister in a new digital series :DRYVRS, created, written by, and starring Jack Dishel. In the episode that debuted this week, “Just Me in the House by Myself,” Culkin is just one of the drivers that Dishel meets using ride-sharing apps. In an immediate twist, Culkin confesses he doesn’t actually know how to drive, he’s just taking over for his wife who’s done “too much blow” the night before. Dishel takes the wheel while Culkin rides shotgun. The two strike up an uneasy conversation prompted by Dishel’s … [Read more...] about Inside :DRYVRS, The Digital Series That Brought Macaulay Culkin Back to “Home Alone”