Connect with us

Featured

BSNL FY15 operating revenue up 4.16% to Rs27,242 crore

Published

on

Increase in BSNL revenue comes mainly on account of improving performance metric state-run telecommunication service provider, Bharat Sanchar Nigam Ltd (BSNL), has posted an operating revenue of Rs.27,242 crore for the financial year ended 31 March 2015, “its highest in five years”, said chairman and managing director Anupam Srivastava.

Revenue was 4.16% higher than the previous year’s Rs.26,153 crore. The increase came mainly on account of improving performance metrics. “Since 2000, the employee strength has reduced from 3.25 lakh to around 2 lakh now, mainly due to retirement. The proposed VRS (voluntary retirement scheme) hasn’t taken off as it is yet to be approved by the government,” Srivastava said.“Data is part of the key strategy for the turnaround. We missed the voice bus so now our main focus is on data,” he said.

After posting an operating loss of Rs.690.44 crore in the previous year, BSNL turned to an operating profit of Rs.672 crore in the year to March, benefiting from initiatives to manage its administrative costs, especially the employee costs.

Data makes up as much as 10% of BSNL’s mobile revenue, not including the revenues from the telco’s fixed-line broadband business. (This is half that of the private sector companies such as Bharti Airtel Ltd and Vodafone India Ltd that reported that data revenues made up around 20% of mobiles revenue.)

A key aspect of BSNL’s data drive is its plan to leverage broadband wireless access (BWA) spectrum in the 2,600MHz band that it acquired in 2010 for 4G technology-based services.

The telco is in the process of finalizing a partner to roll out 2,500 WiFi hotspots across the country (BSNL does not operate in Delhi and Mumbai) from March 2016, using the 4G technology.

BSNL has very little debt, with the debt-equity ratio coming in at 0.13. Capital expenditure for the current fiscal is expected to be about Rs.7,700 crore, more than double the Rs.3,300 crore spent last year, Srivastava said.

Apart from data investments, a large amount of capital expenditure will go towards installing new equipment in the east zone of the country, the only one of the four zones that are not profitable for it.

Other initiatives that the company has initiated to improve data sales, apart from having some of the lowest tariffs, include up gradation of broadband speeds to 2 MBps and of its legacy fixed line switching systems to IP-based switching systems. The telco has also installed as many as 25,000 towers in the last two years and plans to increase its call centers to 750 by the end of the financial year.

“Revenue from tower sharing has risen 42%,” Srivastava said, adding that once the hiving off the towers into a separate company was completed, he expects an additional Rs.2,200 crore of revenue in the next two to four years.

Two other facts that seem to have helped BSNL—an increase in its monthly net subscriber addition and a stemming of the negative MNP (mobile number portability) trend it had been facing since 2011. Since July, the telco reported positive MNP numbers – 1.57 lakh port-ins as compared to 1.24 lakh port-outs.

NewsAurChai Media is a media house which has young contributors ensuring a fresh and renewed perspective to news and recent happenings. We hope to offer sensible articles, which goes with our tag line of 'sense above sensation'.

Continue Reading
Click to comment

India

Ram Mandir Opening For “Darshan” In 2023

Published

on

Ram Mandir Opening 2023 | News Aur Chai

The Ram Mandir in Ayodhya is expected to allow visitors by December 2023, with the completion of construction only in 2025.

Sources in the Shri Ram Janmabhoomi Teerth Kshetra have revealed that the colossal project of building the Ram Mandir in Ayodhya, Uttar Pradesh, will be opening for devotees towards the end of 2023. In contrast, the project’s entire construction completion is expected towards the end of 2025. The sanctum sanctorum (Garbha Griha), along with the mandir’s first floor, will be ready by December 2023. Devotees will be allowed to visit the long-awaited mandir soon after the construction is completed.

An ANI report said, “The grand Ram Mandir being constructed in Ayodhya will be opened for devotees from December 2023. Sources told ANI that Garbhagriha, all five mandaps and the first floor will be ready by December 2023 and the mandir will be opened for devotees”.

The sanctum sanctorum will be as high as 161 feet and built using Rajasthani marble and stones. Engineers and architects are taking all measures to ensure the longevity of this enormous project. The second stage of construction is expected to begin in December this year. Currently, the structure is at a standstill as a result of monsoons. Another reason for the delay is the coronavirus pandemic that depleted the force with which the mandir’s construction was expected to go on.

The announcement of the mandir being opened to visitors in 2023 has brought up questions about the political agenda. It is believed that the Bharatiya Janata Party (BJP) aims to use the mandir to catapult themselves into a position of advantage during the 2024 Lok Sabha elections. Opening the mandir to devotees in December 2023 will give the BJP an easy 6-month gap to the general elections in 2024.

The opening of the long-awaited Ram Mandir in Ayodhya could be the factor that diverts the public, at least the Hindu’s in favour of BJP. Thus, securing them a vote bank based on religious sentiments upheld by the party in their previous tenure as the ruling party.

The Ram Janmabhoomi Mandir will be 360 feet long, 235 feet wide, and 20 feet high mandir will be completely ready by the end of 2025. The project will include amenities and structures like museums, archives, research centre, Sant Niwas, gau and Yagya shala, Etc. The main attraction is the Ram Mandir.

Continue Reading

Business

How SEBI’s New Margin Rule Is Affecting Retail Traders?

Published

on

SEBI Margin Rule | News Aur Chai

Securities and Exchange Board of India has introduced new margin rules for traders. Traders and Brokers are not happy with the new regulations because they will have to invest a large amount of cash in fulfilling margin requirements for trade.

SEBI had introduced the new margin rule in the year 2020 for intraday traders. It is being implemented in a phased manner. Traders were supposed to maintain 25 per cent of the peak margin in the first phase; the margin was raised by 50 per cent in the second phase. In the third phase, as per the new margin rule, intraday traders will have to pay a 100 per cent upfront margin. According to new norms, the margin requirements will be calculated four times during every trading session because the money margin must be greater than the need.

As per the new rule, brokers must collect margin from investors for any purchase or sale, and if they fail to do so, they will have to pay the penalty. Thus, brokers will not receive power of attorney. Brokers cannot use power of attorney for pledging anymore.

Those investors who want to make use of margin will have to create margin pledges separately. As per the new rule, investors will have to pay at least a 30 per cent margin upfront to avail a margin loan. Shares brought today cannot be sold tomorrow. Funds from shares sold today cannot be used for new trades on the same day.

The market experts said that there must be proper adjustments for implementing new rules, or it may create chaos, trouble and disturbance to the market participants. The CEO and founder of Zerodha broking firm, Nithin Kamath tweeted that, “the day when the new rules came into effect was the dreaded day for brokers, exchanges, intraday traders”.

Traders Are Not Happy:

Changes in rules have evoked strong reactions from traders because they will have to invest a large amount of cash in fulfilling margin requirements for trades as per new margin rules. Even the trading in futures and options will become more expensive. Traders are disappointed because they will have to pay up more money to bet in stock markets. As per new margin rules, Traders are also liable for the penalty if the rules are not followed during the trading session. If a trader wants to buy Nifty worth Rs 10 lakh, he will have to pay a 20 per cent margin of around 2 lakh. If the margin of the trader does not meet the need, he will be penalized. Traders will have to pay the minimum amount for opening the Multilateral Trading facility account, and they have to maintain a minor balance at all times.

Why Gas SEBI Introduced A New Margin Rule?

SEBI has introduced new rules to protect retail investors from purchasing difficulty. The intended goal of SEBI behind new margin rules is to bring down the difficult market situation and avoid huge fluctuation in stock markets during extreme stress. The new margin rules are likely to bring transparency to the market; it is expected to strengthen the market’s safety.

Continue Reading

Hollywood

Keanu Reeves Returns with “The Matrix Resurrection”

Published

on

Matrix Resurrections 2021 | News Aur Chai

The expectation of the unexpected fourth instalment of The Matrix Resurrections in the sci-fi establishment has started with another banner prodding the arrival of its first trailer.

The film Matrix 4 comes out 18-years after The Matrix Revolutions. It is planning to be the last film in a trilogy reporting the transformation of Computer programmer Thomas Anderson into cybercriminal Neo. As he finds the conventional world, he occupies a recreated reality.

Loosening up the expectation, with a special promotional. It highlights red and blue pills sit next to each other underneath the clear message: ‘The Choice is yours.’ Fans of the famous establishment will perceive the pills as a definitive choice given to Neo, played by Keanu Reeves, as he picks between life in the conflict assaulted real world or the ‘beautiful prison’ of a substitute reality. Penetrating static fills in as the scenery, as small strings of Matrix code has seen falling inside the pills before the whole scene liquefies.

Fans can proceed with their adventure on WhatIsTheMatrix.com, an intelligent pick your-own-experience style site. Given a similar decision there, red brings you down a rabbit hole where you’re told: ‘This is the moment for you to show us what’s real.’ Then scenes from the film teaser, showing the slight hindrance between the natural world and the fake world known as The Matrix. One of the Best Scenes is Reeves’ Neo gulping a blue pill while a lot more seasoned, a balder man shows up in his appearance.

The scenes reviewed rely upon which pill selection and each emphasis on the decision made. The Red Pill requests that the watcher go further into the reality behind the Matrix. While the Blue Pill cautions them to avoid it again so as not to agitate the norm and welcome undesirable risk.

Still, the viewer’s decision makes, in any case, every secret seems to end with a brief look at Keanu Reeves as Neo, with different eyes. He either collaborates with characters who could be his partners in the film or plans to fight against its expected scalawags, be they Agents, pernicious projects, or even people.

The person who clicks on the blue pill will hear Harris’s voiceover saying: “You’ve lost your capacity to discern reality from fiction.” Before encouraging the viewer to embrace that their situation is genuine. At the current time, streaks on the screen, and Harris peruses it, saying, “anything else is your mind playing tricks on you.” By contrast, ones’ who click on the red pill hear Abdul-Mateen’s voice revealing to them that while they trust it’s the current time — once more. With Abdul-Mateen perusing the time out loud — “that couldn’t be further from the truth.” Regardless, a progression of quick-cut shots from “Revivals” streaks on the screen during the two situations. As each time a viewer taps on a pill, the recording changes.

‘This could be this is the first day of the rest of your life, but if you want it, you gotta fight for it.’ The portrayal wraps while showing star Keanu Reeves prepared to battle. Then, at that point, finishing on a vile note, they show somebody contacting the PC port at the rear of their head and inquire: ‘We don’t want anyone to get hurt, do we?’

From visionary movie producer Lana Wachowski. The new film reunites unique stars Keanu Reeves and Carrie-Anne Moss as Neo and Trinity, the infamous roles they made well known.’ The first Matrix film in 1999 met with much essential acclaim upon its introduction. The element is following up by two other movies, which were both delivered in 2003. Warner Bros. uncovered the title for the fourth Matrix film during its CinemaCon board. The Matrix Resurrections will release on December 22, 2021.

Continue Reading

Most Popular