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Major News and Events of 19 February 2014

What Happened on 19 February 2014


Andhra Pradesh CM resigns and deserts Congress party

 

Andhra Pradesh CM N. Kiran Reddy today tendered his resignation which has come as a major setback to the Congress as he also left the party over the formation of Telangana. He announced about his resignation to the media and then went to Raj Bhavan and gave his resignation to Governor E.S.L. Narasimhan. He also requested the governor to do some arrangements as he was not willing to even continue as the caretaker chief minister. Along with him 20 legislators and 10 ministers from Seemandhra region also resigned. He has put the blame on Congress for doing injustice to the Telugu speaking people. He added that this is going to affect the farmers, government employees and students adversely as issues will arise between the two states regarding drinking water, employment, electricity as well education opportunities. He further specified that Andhra Pradesh which was formed after 50 years of struggle should not have been divided like this through a bill passed in the Parliament in an undemocratic fashion.

TN to release 7 convicts in Rajiv Gandhi's assassination case

 

Tamil Nadu will release seven persons that include one woman who were convicted in the Rajiv Gandhi assassination case as informed by the Chief Minister J. Jayalalithaa. These are from India and Sri Lanka. The announcement of their release was made on the Assembly. Their names are, V. Sriharan alias Murugan, Jayakumar, T. Suthendraraja or Santhan, Robert Payas from Sri Lanka and A.G. Perarivalan aka Arivu, Ravichandran and Nalini from India. They have been jailed since 1991 when Rajiv Gandhi was assassinated by an LTTE suicide bomber at Sriperumbudur. Jayalalitha also informed that the central government will be informed about this and even if there is not response within 3 days they will be released. Yesterday the apex court had commuted the death sentence to life imprisonment for Murugan, Santhan and Perarivalan.

Live telecast of Lok Sabha proceedings not blocked but was due to technical fault: Lok Sabha secretariat

 

The live telecast of the voice vote in Parliament over the Telangana bill was blacked out from media telecast. This blackout has been said was due to cable fault. On the Lok Sabha’s official site now the audio feed of the discussion over the bill has been uploaded. On the other hand BJP has stated that this was done on a purpose and was not due to a technical error but strategic move. Lok Sabha secretariat has specified that nine cameras in the Lok Sabha failed to receive signals due to which the telecast was stopped. The fault was rectified when a video cable was restored at 1 am. Yesterday the country could not watch the passage of the bill clause by clause by voice vote. This was the first time telecast was stopped since 1996 when the live telecast of proceedings started.

M&A guidelines for telecom companies to be released soon

 

The guidelines for mergers and acquisitions of telecom companies which has been eagerly awaited will see the light of the possibly within 10 days. The Telecom Secretary MF Farooqui specified at the CII Broadband Summit in Delhi that the guidelines will be out in a week or within 10 days. It has got the nod of the Empowered Group of Ministers (EGoM). The EGoM has asked for legal advice whether merger of the companies would entail to sale of equity that means violation of the lock-in period rule of the telecom licence. The merged entity’s market share should not be more than 50% this has been specified in guidelines that has got the consent of EGoM. No extra payment for radio waves will be needed to be done after a merger by the telecom companies. The companies will have to pay the difference in the market rates as well as the old rates when in the acquisition they have the telecom operators with spectrum allocated to them. Like Airtel announced it will be acquiring the business and assets of Loop Mobile in Mumbai. With this the 3 million subscribers in Mumbai for Loop will be included in Airtel’s more than 4 million users, which will make it the largest network in Mumbai. This acquisition will also entail to the 2G network of Look getting included in Airtel’s network.

Kohli is at 9th, his best rank in ICC Test rankings

In the ICC Test rankings Virat Kohli is now at 9th position which is his career best. This was due to his good score in the two test series just completed in New Zealand. He had scored 214 runs in the two matches. With this he got into the top 10 slot where he will be joining Cheteshwar Pujara, whose position came down by one position and is now at 7th spot. Kohli climbed two places after his innings at the drawn Wellington test. Ravichandran Ashwin, the off spinner also came down by two slots and was at number 10. He is though at the top rank among the Indian bowlers whereas Pragyan Ojha is at 12th position in Test bowlers’ rankings.

Airtel has 200 million customers in India

Bharti Airtel has announced that it has now more than 200 million subscribers in India. This has strengthened its leading position in India which is second largest mobile market. Airtel leads both in terms of customers and revenues. In fact Airtel is the 4th largest mobile operator in the world based on the number of subscribers. The bouquet of mobile services offered by Airtel is the largest in India that includes 2G, 3G, 4G, Mobile Commerce and other Value Added Services. There are 1.5 million outlets and its presence is there in 5,121 as recorded in the census. Along with that 460,655 towns and villages which are not recorded in the census is served by Airtel. It encompasses 86.7% of the population and has the largest base as far as rural mobile customers are concerned that is 88 million mobile customers. The company launched its operations in 1995.




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