Vodafone denies u-turn over India JV bailout

first_img Operators back Qualcomm role in open RAN path Related Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more Previous ArticleDeutsche Telekom pushes IoT roaming in EuropeNext ArticleTelco industry expected to weather Covid-19 storm Las operadoras respaldan el papel de Qualcomm en la RAN abierta AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 16 APR 2020 Home Vodafone denies u-turn over India JV bailout Vodafone Group denied media reports it was set to pump further funds into its Indian joint venture to cover operational expenses and help pay-off taxes, standing by previous assurances to shareholders it would not spend more cash on the business.In a statement to Mobile World Live the operator group reiterated it did not intend to contribute further equity into Vodafone Idea, adding media reports stating otherwise were incorrect.The comments follow a report by The Economic Times (ET) claiming the company was set to infuse $200 million to $225 million into Vodafone Idea. An additional $125 million to $150 million was tipped to be contributed from companies affiliated with joint venture partner Aditya Birla Group, which also denied the plan in a statement to the Indian newspaper.As part of the original deal to merge Vodafone India and Idea Cellular, a $1.2 billion sum was set aside by the parties to cover historical liabilities which, in November 2019, Vodafone CFO Margherita Della Valle said it had “not taken any provision on”.In its statement today (16 April) Vodafone noted any further payment made to Vodafone Idea would be from this fund and not new money.Standing firmVodafone CEO Nick Read and Della Valle have both gone on record numerous times to assure shareholders no further funds would be spent on its India JV, with Read stating in the operator’s fiscal H1 2020 financial update its stake in Vodafone Idea carried no value in Vodafone’s share price.The tough stance on further money being ploughed into the JV comes during a long-running row with authorities on adjusted gross revenue liabilities said to be owed by the company.Having repeatedly applied to have the amount cut, Vodafone Idea and the country’s other operators lost the latest court case on the issue last month.Although they failed to get the amount reassessed, payment terms were extended to 20 years, providing some immediate relief for the troubled business which had threatened closure. Subscribe to our daily newsletter Back Tags Vodafone, Safaricom beat MTN to Ethiopia licence Chris Donkin Author VodafoneVodafone Idealast_img read more

College Clerical Asst II

first_imgDirect Supervision:NoneIndirect Supervision:NoneQUALIFICATIONS: Graduation from high school supplemented by one year ofclerical and keyboarding experience in an office setting; or anequivalent combination of training and experience.Proficient in PC desktop and related software programs. Abilityto operate a personal computer.Ability to keyboard 45 words per minute. Ability to followverbal and written instructions.Skill in basic filing, record keeping and operation of avariety of office machines. College Clerical Assistant IIRichard J. Daley CollegeRichard J. Daley College is searching for a College ClericalAssistant II. A successful candidate will have excellent customerservice skills, experience providing administrative support to afast-paced office, and a desire to help students achieve theiracademic goals .PRIMARY OBJECTIVE: Under supervision, performs a variety ofroutine clerical duties in a college administrative or departmentaloffice; and performs related duties as required.DUTIES & RESPONSIBILITIES: Operates computer equipment utilizing word processing softwareto produce a variety of materials including exams, studenthandouts, faculty lists and handbooks, teacher program forms,narrative reports and general correspondence; maintains generaloffice and college program files.Answers telephones, takes messages and transfers calls toappropriate personnel. Sorts and distributes incoming mail.Assists in reviewing time sheets and prepares attendancereports for payroll processing. Prepares purchase requisitions forsupplies and equipment, reviews invoices and purchase orders toensure correctness of charges and to verify delivery of ordereditems.Provides information to student inquiries regardingregistration, financial aid, departmental course offerings andpolicies.Maintains and updates student academic records, financial aidreports, registration forms and transcripts. Maintains and updatescollege course data and inputs student registrationinformation.Adheres to CCC Customer Service Excellence standards.Performs related duties as required. Chicago residency is required for all full-time employees within6 months of hire.We are an equal opportunity and affirmative actionemployer.Thank you for your interest in City Colleges ofChicago.TBDlast_img read more

After Strutts deal, it’s time for BNP PRE to go global

first_imgSo now what? Well, there are those, such as a couple of rival agency bosses I spoke to this week, who believe the deal is going to do little other than make two “small agencies slightly less small”.But whatever the whys and wherefores of the deal, now is the time to look to the future.As we were told this week, Martin will take up the role of BNP PRE’s UK boss, while industry veteran Slade is yet to agree a role. For this deal to be considered a success five years down the line, it is crucial Slade is found a position where he can drive BNP PRE’s expansion in Europe and beyond.Nearly two years ago, Property Week’s editor Liz Hamson sat down for lunch with Slade. During lunch, while he ate lobster and she tucked into a steak, he said he was on a mission to develop BNP PRE into a top-five UK agency.While the Strutts takeover has boosted BNP PRE’s position in the agency league, the firm is still only in seventh place and would need to add £120m or so to its revenues to seize fifth spot from Knight Frank. More investment will be required to make that happen, a lot more.The numbersFollowing BNP Paribas Real Estate’s PRE’s (BNP PRE’s) takeover of Strutt & Parker, announced earlier this week, the new combined entity will boast a combined UK revenue of just over £180m, making it the UK’s seventh largest agency. This would place it ahead of Capita Property and Infrastructure, Deloitte Real Estate and Colliers International, but £6m behind GVA, according to Property Week’s Agency 2017 survey. The deal is expected to complete in late September.If BNP PRE can hold onto Slade and give him a role in the wider international business, it could benefit the UK business as much as the group. In today’s real estate market, having a global presence is a big plus. Firms with offices across the world are best placed to land mandates from big international companies.Considering that 99% of its revenues are generated in Europe, BNP PRE is not a truly global firm by any stretch of the imagination, but there is no reason it can’t be if its owners at the French banking giant give it the support to venture across a few oceans, both east and west, in search of some really big fish.And who knows, Slade could catch his own lobster dinner on his travels.Are the Tories ‘borrowing’ from Labour again?When trawling through the 29,798 words of the Conservative Manifesto published ahead of that pointless election earlier this summer, I noticed something was missing. It was three little words: ‘Help to Buy’.So it should come as little surprise to those of us who like to count the words in dull political documents that the Tories are considering an overhaul of the policy.Whatever the government decides to do with the scheme, it needs to come up with something that encourages far more homes to be built, not just in the tens of thousands, but in the hundreds of thousands – and fast. Then it won’t have to create an artificial market because more homes means lower prices for those who need to buy or rent them. How can that be so hard to figure out?last_img read more

Australia: St George Ready to Withstand Next Flood

first_imgThe completion of St George’s new levee system will provide a more certain future for its residents.Community Recovery and Resilience Minister David Crisafulli said the town had suffered three major floods in the past five years.The 2.6 kilometre block wall and earthen embankment levee is designed to withstand a flood even higher than the 2012 event which damaged 50 houses and the Warrawee Aged Care facility, which had been evacuated three times in three years.Stage One of the levee protects homes and the aged care facility at the southern and northern ends of the town, while the Stage Two block wall joins the levees in the middle to protect the main part of town.Costing $5.6 million, the levee was funded through State and Federal funding and a partnership between the Balonne Shire Council and the Churches of Christ, owners of the Warrawee Aged Care facility.[mappress]Press Release, March 12, 2014last_img read more

Plain Dealing’s Carper signs with Texas A&M

first_imgPlain Dealing football standout Keldrick Carper signed a financial aid agreement with Texas A&M during a ceremony Monday morning in the school’s gym.The 6-foot-3, 190-pound Carper played a variety of positions at Plain Dealing over the past four years including quarterback, running back, wide receiver and defensive back. One of the top recruits in the state in the Class of 2017, he could play wide receiver or defensive back at A&M.Carper helped Plain Dealing reach the quarterfinals of the Class 1A playoffs this season. The Lions upset No. 4 seed Oberlin 14-6 in the second round before falling to No. 5 Oak Grove 46-20 in the quarterfinals last Friday.Carper is a two-time All-Parish selection and was one of the MVPs on last season’s team. He was also named first-team Class 1A All-State. Carper is also a standout basketball player and track athlete. He was a first-team All-Parish basketball selection last season. As a sophomore, Carper was named Outstanding Performer in the Class 1A track and field meet in Baton Rouge.But he will not be playing basketball or competing in track and field this season. Carper is graduating from Plain Dealing in December and enrolling in Texas A&M in the spring.Carper thanked his parents, teachers, principal and anyone else that has helped him along the way during the ceremony.“I want to thank every university that has given me the opportunity to play for their respective schools,” he said. “That was probably the hardest thing to do in this process is say no.”He also thanked Texas A&M head coach Kevin Sumlin and secondary coach Terry Joseph, who recruited him. “They treated me like family from Day One,” he said. “The gave me a chance to be part of something special at Texas A&M not just as an athlete but as a person.”Carper also offered his classmates some advice at the end of his speech.“Be diligent in your craft, work hard — work, work, work,” he said. “Nothing comes easy in life; you have to work for it. Have confidence in yourself. Believe that you can do it. You have to have confidence in yourself or nobody else will. And last, have a vision. Envision yourself beyond what your eyes can see. Envision yourself beyond that Plain Dealing sign a couple of miles down the road. Envision yourself anywhere in this world, as many places as you can go, but you’ve got to see yourself out.”— Russell Hedges, [email protected] Top Expat InsuranceExpat Living in Hong Kong without Health Insurance?Top Expat Insurance|SponsoredSponsoredUndoTheTopFiveVPNThe Secret Netflix Doesn’t Want You To Know To Unblock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoWomen's MethodThese were the most covered celeb breakups ever. You’ll never believe #3!Women’s Method|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.com|SponsoredSponsoredUndoTheTopFiveVPNThe Trick Netflix Doesn’t Want You To Know To Unlock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoCosmoWomensTop 30 Most Beautiful Women in the WorldCosmoWomens|SponsoredSponsoredUndolast_img read more

New statute raises dispute

first_imgBALDWIN PARK – A city ban of certain businesses from the downtown area has some merchants worried about their livelihood. The Baldwin Park ordinance took effect Friday and forbids new businesses, including auto repair shops, pawn shops and manufacturing establishments, from opening downtown. The ban affects about 120 acres along Ramona Boulevard as far north as Los Angeles Street and as far west as Baldwin Park Boulevard, city officials said. Robert Ehlers, who owns a company that restores alternators, said the regulation has already made leasing out his rental property difficult. “I have one rental building just sitting there. I have had at least six people who wanted it but the city wouldn’t give me a conditional use permit because they say auto shops are dirty, oily,” Ehlers said.”Who are we supposed to rent our buildings to and how are we supposed to pay our mortgage?” City officials maintain they are not trying to put people out of business but are trying to implement their vision of a downtown urban village. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWhy these photogenic dumplings are popping up in Los Angeles“Eighty years ago, Baldwin Park was chicken farms and barns and was not in the best of interest of the city. At some point, there had to be a change and that’s where we are at now,” said Councilman Anthony Bejarano. “We are looking at our future and community for our kids and grandkids, and it’s a difficult decision we have to make. All we can do is hope to improve the community.” City Attorney Stephanie Sher assured business owners at Wednesday’s council meeting that the ordinance only affects new businesses. “Only new establishments are not permitted under the ordinance,” Sher said. “You can still use your buildings for what they were intended for.” Joe Seay, who owns a 21-unit industrial complex, said if the ban only affects new businesses he would not have had trouble leasing vacancies in his buildings. “I had a person who was going to open a woodwork business in one of our units, so we sent him to the city for a permit. He got a verbal approval, but a few days later the planner said no permit was available because the city had passed a new ordinance,” Seay, 53, said. Councilman David Olivas said the law may need to be altered. “We want to offer a place to dine and shop and in a sense have a diversity of uses,” he said. “Right now downtown doesn’t invite people to dine here or entertain here and that won’t happen if we maintain the same lax businesses. But maybe we can tweak the ordinance to work for everyone.” [email protected] (626) 962-8811, Ext. 2109160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Green Party candidate apologizing for confusion over abortion issue

first_imgThe candidacy of Mark Vercouteren, the Green Party candidate for Chatham-Kent––Leamington, is being re-vetted by the party after a 2014 survey response he gave regarding abortion was publicized.Vercouteren, a three-time provincial Green Party candidate now running federally for a second time, apologized Saturday for the confusion over a pro-life answer he gave.“I strongly believe in a woman’s right to a safe, legal abortion,” Vercouteren responded in an email Saturday. “In 2014, I said on a Campaign Life Coalition survey that I am pro-life. I meant that I believe in the sanctity of all life, but that this does not override a woman’s right to choose.“I regret the confusion caused by my answers in 2014, and am sorry.”Vercouteren added he believes the coalition “re-used” his answers from 2014 in its 2018 survey without his permission.He has also come under fire not disclosing his answers to the Green Party of Canada when selected as a candidate.Vercouteren said he didn’t make any disclosure “because I agree with the party’s policies on this issue.”He added this includes support for abortion access, preventative measures such as comprehensive sex education, access to contraception, and expanded support for low-income mothers.The Green Party of Canada has not yet responded to a request for comment.Green Party Leader Elizabeth May, however, did indicate anyone who disagreed with a woman’s right to choose would not be welcome as a candidate.“If someone doesn’t hold firmly to the view that woman have the right to a safe and legal abortion, then they will not be a Green Party candidate,” May said during a Friday appearance on CBC’s Power & Politics.After confirming Vercouteren’s candidacy was being re-vetted, May said a Green Party team member had assured her “they are talking with him to try to figure out how it could happen that he doesn’t remember something as recent as 2018.”She added this re-examination is ongoing, saying she is not satisfied with the answers she’s received so far.“But we do give people a chance to explain themselves,” May told the CBC.According to the Campaign Life Coalition, a lobby group that pushes for socially conservative values, Vercouteren indicated in both its 2014 and 2018 surveys – conducted before provincial elections – that he would support measures preventing taxpayer-funded abortions.A Green Party media release issued in late May announcing Vercouteren as the party’s federal candidate in the riding he had a “high level of experience to present Green ideas” through his previous election [email protected]@Chathamnewslast_img read more

Ninth annual Cullowhee Canoe Slalom

first_imgThe ninth annual Cullowhee Canoe Slalom will offer a family-friendly paddling competition beginning at 9 a.m. Saturday, Sept. 22, on a calm section of the Tuckaseigee River near Western Carolina University. The competition will start at the Locust Creek put-in just downstream from the greenway bridge on Old Cullowhee Road, with the course including nine gates on flat but moving water and competitions for canoes, kayaks and paddleboards. Canoes, paddles and personal floatation devices will be provided, but kayakers and paddle boarders should bring their own boats. All participants should bring closed-toed shoes, a water bottle and clothes that can get wet.The course will be open for practice from 1 to 7 p.m. Friday Sept. 21.$5 per person, per event, with food available on-site for purchase. Register by 5 p.m. Wednesday, Sept. 19, by emailing [email protected] Day-of registration not available.Hosted by WCU Parks and Recreation Management Program students and the Jackson County Parks and Recreation Department. Proceeds benefit the Parks and Recreation Management Scholarship Fund.last_img read more

Easing the way for the disabled

first_imgJanine ErasmusThe Department of Arts and Culture (DAC) has pledged to make its cultural institutions fully accessible to the disabled, and is certainly putting its money where its mouth is – so to speak. Minister of Arts and Culture Pallo Jordan announced in December that R162 million was to be made available to upgrade facilities at its public institutions in order to make them easily accessible to those with disabilities. It is crucial that every single visitor to South Africa is able to indulge freely in cultural tourism. This has been identified by DAC as an important sector for growth and is one of the focus areas of its Investing in Culture programme.DAC will spend R162-million over the next three years on its cultural facilities to ensure that disabled people will not be excluded from enjoying the services on offer. The minister announced the plan as part of Government’s ongoing plan to improve the plight of people with disabilities, adding that the funds will be allocated in three stages over the next three years – R39 million for 2008, R43 million for 2009 and R80 million for 2010.South Africa’s Constitution, hailed as one of the most progressive to be found anywhere, offers equal inclusion in all aspects of society to everyone – including those with disabilities. However, the disabled still find themselves hampered on occasion because South African society has in past years been geared mostly towards the able-bodied, and the basic requirements of those who use wheelchairs or other aids to get around were not always accommodated. With the launch of its new initiative DAC is upholding the principles of the Constitution in this regard.“We have detailed information on the provision that has been made for the upgrading of security and access for persons with disabilities at the Department’s public entities,” said Jordan. “These would include places like museums, playhouses and other institutions that bring people together to not only enjoy artistic expressions but witness and experience the heritage of our beautiful country.”With the likes of the Iziko Museums of Cape Town, the Northern Flagship Institution (a group of cultural institutions based mostly in the Gauteng area), the National Library of South Africa, and all of South Africa’s World Heritage Sites falling under the jurisdiction and care of DAC, these important elements of South Africa’s cultural heritage will soon be undergoing any necessary modifications to make them more accessible.According to Jordan, “The upgrade of security and accessibility for persons with disabilities is a priority to make the arts accessible to all the people of the country.”Currently there are several policies in place for the benefit of the disabled. South Africa passed the Bill of Rights in 1992 – in Section 9(3) of the South African Bill of Rights a statement declares that “the state may not unfairly discriminate directly or indirectly against anyone on one or more grounds, including race, gender, sex, pregnancy, marital status, ethnic or social origin, colour, sexual orientation, age, disability, religion, conscience, belief, culture, language, and birth.”Cabinet then passed the Integrated National Disability Strategy in 1997, a document that provides guidelines in order to help the country achieve a human rights-based model of disability inclusion in South African society. In his foreword to the White Paper on the Integrated National Disability Strategy, then Deputy President Thabi Mbeki wrote, “Research estimates that between 5 and 12% of South Africans are moderately to severely disabled. Despite this large percentage of disabled people, few services and opportunities exist for people with disabilities to participate equally in society.”The Integrated National Disability Strategy was followed a year later by the Employment Equity Bill, which prohibits unfair discrimination on any grounds in any employment policy or practice.It is mostly pre-1994 buildings that will need to be renovated and adapted, as later structures were put up with disabled access already in place, including those sponsored by the ministry. Among these are the Luthuli Museum in Kwa-Dukuza, KwaZulu-Natal, for instance, which was designed with disabled access right from the planning stage.At present the department is in the process of ascertaining the requirements of its public entities in terms of security and accessibility, while a service provider will be appointed in the near future to report on the current status.Do you have queries or comments about this article? Email Janine Erasmus at [email protected] Useful linksDepartment of Arts and CultureDisabled People of South Africalast_img read more

How Google Geeks Party: After-Hours Images from Google I/O

first_imgA Web Developer’s New Best Friend is the AI Wai… Related Posts All photos by Fredric Paul, taken with a Samsung Galaxy Nexus smartphone. Entertainment was provided by Train and Paul Oakenfold, but besides the bars (complete with Android beer taps), there were plenty of other distractions and a host of noshables, including sloppy joes and tiny cupcakes. Other old-school amusements – including skee ball – were competing back-to-back with fancy flight simulators. But the longest lines seemed to be for this Android-themed mini-golf course: fredric paul The Google I/O Developers Conference is hardly a button-down affair. Even during the day, attendees sport more T-shirts than ties, more shorts than suits. And at night, after the “serious” business is done, the 6,000 attendees take tech to its funky party extreme. Check out these images of the scene.The Google I/O after-hours party was held in the same space as the keynotes earlier in the day. But the sober rows of chairs were replaced by high-tech spectacles, tech toys and gearhead games.center_img Diversions included giant metal alligators, mechanical bull riding contests, giant roller balls and golf simulators, plus flying robot battles. Perhaps the artiest touch was a huge metal sculpture of a face, with individual control stations for various parts, from eyes to lips. Tags:#Digital Lifestyle#Google#web Of course, it wasnt’t all fun and games. This machine gun was placed ominously near a bunch of more mainstream video games. Top Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketlast_img read more