Sangtam Union/Sangtam Students Union Kohima

NEW DELHI, FEB 21 (PTI): Reliance Industries’ move to consolidate its media and distribution businesses under one entity Network18 Media & Investments will create a cleaner structure and make the merger of entertainment channels with Sony less likely, experts said.

Earlier this week, the company said it will merge its TV18 Broadcast business with Network18, and maintain the cable and broadband businesses of Hathway Cable & Datacom and Den Networks, which it bought in 2018, as separate wholly-owned subsidiaries of Network18.

Network18’s portfolio includes Nickelodeon, MTV, and CNBC TV18, among others.

“From RIL’s perspective, this creates a cleaner structure and is easier to manage (as it reduces listed entities),” BofA Securities said in a report Friday.

In a separate report, CLSA said the rejig will make a deal with Sony for merger of entertainment channels less likely as the news broadcasting sector has a restriction of 26 per cent foreign ownership.

Between content and distribution, BofA considered distribution to be the more important component for RIL’s media business as it generates higher margins and return ratios as compared to content that could be aggregated.

“The merger helps improve capital structure as the combined entity will be debt-free and has a balanced mix of subscription (53 per cent) and advertisements (47 per cent) in its revenues,” it said. From Network18 perspective, this helps reduce dependence on ads and helps especially in times of slower GDP growth.

Stating that synergies aren’t much except removal of overheads, the report said NW18 channels could be included in Den/Hathway packs at lower prices.

“We consider RIL via the combined entity to emerge as one of the dominant entities in the media space and through the merged entity gives an opportunity to invest in the high growth segments,” it said. Media contributes to 2.1 per cent of RIL’s EV and is not a big driver. “It, however, helps RIL improve customer stickiness with the potential to offer bundled products in the future and better analyse customer trends/segmentation,” it added.

In a separate report, CLSA said the restructuring of media assets may be a precursor to Reliance Jio IPO.

RIL “is restructuring its media businesses to mainly a defunct dual holding structure of broadcast operations and merging Hathway and Den Networks,” it said adding that multiple businesses are being folded into Network18, which will be the sole listed entity and will be 64 per cent owned by RIL. “We do not see these deals as a media sector consolidation, but as a precursor to a likely IPO of Reliance Jio,” CLSA said. “Reliance’s ‘news’ (carries 26 per cent foreign ownership restriction) and ‘distribution’ businesses post deals housed in Network18 will likely make a subsequent deal with Sony to merge entertainment channels less likely.”

Viacom US, the foreign partner of Reliance, will continue to own 49 per cent in broadcast operations via Viacom18 Media which will be a 51 per cent subsidiary of Network18. Reliance rejig makes Sony merger unlikely New Delhi , Feb 21 (IANS): The Directorate General of Civil Aviation (DGCA) will from now on test flight crew members and air traffic controllers for use of drugs.

A DGCA notification said that testing will be done on urine samples with consent from the concerned person. The test shall be carried out post flight or post shift, as the case may be, it said. “DGCA shall carry out random drug testing for the consumption of psychoactive substance. In Phase 1, random testing shall be done by a DGCA authorised laboratory at six airports -- Delhi, Mumbai, Chennai, Kolkata, Bangalore and Hyderabad -- in the presence of a DGCA officer of the level of Assistant Director or above,” the notification said. Medical personnel of the concerned organisations may also be associated with this process, as per the notification.

This programme shall ensure that at least 10 per cent of the employees of an organisation are covered in a year, it said, adding that the cost of the examination shall be borne by the concerned organisation whose employees have been subjected to the examinations. Flight crew, ATC to be tested for drugs Harley Davidson bikes set to get cheaper; Modi’s ‘Namaste Trump’ gift on tariffs NEW DELHI, FEB 21 (AGENCIES): Prime Minister Narendra Modi government may soon yield to US President Donald Trump’s impending demand of lower import tariff on Harley Davidson bikes. The govt may announce the decision during President Trump’s two-day maiden visit to India which begins on Monday from Gujarat.

The officials in India have apparently promised to lower tariffs to ‘a single digit’ for the bikes with displacement above 1600cc. The proposed decision will cast a new tariff classification for bikes above 1600cc cylinder capacity.

The import duty on all completely built-up(CBU) motorcycles is currently at 50% - which was at 100% earlier and was reduced in 2019 by the govt after Trump-Modi telephonic conversation - but Trump criticized the import duty as still “too high” and “not acceptable”. But while India reduced the custom duty on CBUs it increased the tariffs on Completely Knocked Down(CKD) units from 10% earlier to 15%. The majority of Harley’s sales comes from the CKDs, bikes which are assembled in India and have displacement less than 1600cc.

Harley Davidson sold 2,676 motorcycles in India during FY 2019. The company sells 17 Models in India which ranges from `5.33 lakh to `50.3 lakh. The cuts will not only boost the Harley Davidson but also American motorcycle brands like Indian Motorcycle, Honda and Triumph.

New Delhi , Feb 21 (IANS): Non-telecom company PowerGrid Corporation of India Ltd (PGCIL), which has been asked by the DoT to pay Rs 22,000 crore AGR dues, would not be liable to make these payments, an analyst report said.

“We don’t believe the PGCIL would be liable to make these payments and hence do not factor these in our estimates. An unfavorable outcome therefore remains a negative risk,” Bank of America Securities said in a report. The report said the dues demanded by DoT are twice the firm’s FY20E earnings, and the CPSE is awaiting clarity on payment.

On October 24, the Supreme Court asked companies to pay dues to the Department of Telecom as per the computation of AGR decided by the government. The telecom companies like Airtel, and Vodafone Idea has gone to the Court again through a modification petition which were also dismissed and now are paying gradually. The demand notice also went to non-telecom companies like Oil India, which got a notice of Rs 48,489 crore, and the GNFC got a bill of Rs 15,000 crore. In provisional assessment orders, DoT has raised a demand on GAIL of Rs 1.83 lakh crore towards annual license fee including interest and penalty on AGR.

The DoT, through its provisional assessments for years FY15-18 and reassessment for FY 13/14, has demanded from the PGCIL Rs 22,000 crore of additional license fee, by adding nontelecom revenues in the PGCIL’s AGR calculations.

The amount is 23 per cent of the PGCIL’s market cap, and twice its FY20E earnings.

The PGCIL has previously said its stand is against payment of these dues. It had said: “Non-telecom income not a part of AGR for NLD/ISP licenses and the PGCIL holds National Long Distance (NLD) and Internet Service Provider (ISP) licenses and has regularly made applicable AGR based license fee payments to DoT.”

It believes the definition of AGR under NLD & ISP license agreements does not include non-telecom revenue. Such revenue, which it views the DoT to have incorrectly included in its AGR calculations, are 98 per cent of its total sales.

Moreover, to strengthen its argument, the PGCIL has cited the example of DoT’s recent assessment for FY19, where it excluded the PGCIL’s non-telecom/ miscellaneous income. ‘PGCIL would not be liable to pay Rs 22,000 cr AGR payment’

5 Crossword No. 9501

No. 4120

No. 3146

Yesterday’s solution No. 9500

Yesterday’s solution No. 4119

Yesterday’s solution No. 3145

Across 4. Embraced (6) 7. Very hot curry (8) 8. Insight (6) 10.Applauds (5) 13.Let fall (4) 14.Commotion (2-2) 15.Lather (4) 16.Insect (3) 17.Practice fight (4) 19.Boy’s name (4) 21.Not temporary (9) 23.Indian dress (4) 24.Wagers (4) 26.Secret agent (3) 27.Foot part (4) 29.Second-hand (4) 32.Painful (4) 33.Discourage (5) 34.Chum (6) 35.Paint type (8) 36.Missive (6) Down 1. Expel (5) 2. Work dough (5) 3. Planet (4) 4. Stash (5) 5. Rise (2,2) 6. Number (6) 9. Pamper (6) 11.Moo (3) 12.Tricky question (5) 13.Long-lasting (7) 15.Boy’s name (3) 16.Flying mammal (3) 18.Jail (6) 20.Follow (5) 21.Wage (3) 22.Born (3) 23.Scanty (6) 25.Observe (3) 28.Command (5) 30.Beer mug (5) 31.Inebriated (5) 32.Cult (4) 33.Toy (4) Nagaland Post, Dimapur SATUR DAY, FEBRUAR Y 22, 2020

NEW DELHI, FEB 21 (PTI): In a bid to reform norms for transfer and merger of telecom licences, Trai on Friday suggested that while both subscriber base and revenue are considered in determining marketshare for mobile and internet service providers, only revenue should be taken into account in marketshare calculation for other services like national and international long distance telephony.

The sector regulator also suggested that the oneyear timeline currently allowed for transfer/merger of licences in different service areas after National Company Law Tribunal nod should exclude time spent by companies in pursuing any litigation on account of which the final approval of a merger is delayed.

Trai recommended that the guidelines on transfer/merger of licences should not ‘hard-code’ (that is, explicitly specify) the spectrum caps. Instead, it should be linked with the relevant clause of the licence, it said.

The Telecom Regulatory Authority of India (Trai) has now released its recommendations on reforming the guidelines for transfer and merger of telecom licences, after the telecom department in May 2019 sought its views on enabling simplification and fast-tracking of approvals.

Trai’s suggestions

VACANCY Wanted Primary Teacher Preference will be given to trained professionals. Location : Bamunpukhuri-1, Dimapur Contact : +91 7005846768 DP-349

FOR SALE Candle Machines available here at Notun Bosti, Ao Khel Contact : 8413879258 DP -1250

FOR SALE Paddy Field approx. 8 Puras with approach road at Chathe Dimapur. Price: 30 Lakhs ( Nego) # 8415010198 K-503

LAND FOR SALE 1. 2 minutes drive from New Showuba Any size available according to your budget @ Rs. 60/- per sq. ft. 2. 18120 sq. ft. near New Showuba @ Rs. 70/- Contact : 8794808384/9402802518 DP-1245

LAND FOR SALE

AT DIPHUPAR ‘B’ (NEAR GREEN PARK) Area Available as per budget Contact No : 8732002080 8787470411 DP-1364

LAND FOR SALE (4 Lane touched) 4 mins drive from Showuba 10,000 sq. ft. (Twenty Five Lakhs) Contact No : 8794629096 7005185928 DP-1237(B)

FOR URGENT SALE 1. Land for Urgent Sale At Naga united Village, Dimapur Area - 8550 sq.ft. Price: Rs.130/- per sq. ft. 2. Land with 2 Storied RCC Building At Naharbari, Dimapur Area : 1 Bigha, Price : Rs. 85 lakhs 3. Prime Land with RCC Building At Indisen Village, Dimapur Area 65x90 sq. ft. Price: Rs.40 lakhs 4. Land with RCC Building At Indisen Village, Dimapur Area above 1 Bigha Price : Rs. 65 lakhs NO BROKER Genuine Buyer May Contact : 7005424879 / 7641923499 DP-1365

range from marketshare math to approval timelines, and other terms.

Trai noted that the guidelines should be seen in the backdrop of consolidation in the market from 12-14 service providers a decade ago to four operators now, the National Digital Communication Policy’s thrust on speedy approvals and the delays in mergers being taken on record.

“The authority recommends that for computing market share of an NSO (Network Service Operators) in the relevant market, market share of the VNO (virtual network operator) parented with it should be added to the market share of NSO, if the NSO is a promoter of VNO,” Trai said.

The virtual network operators can provide telecom services like mobile landline, internet, but only as a retailer for full-fledged telecom operators.

“For calculation of one year that is time period allowed for transfer/ merger of various licenses in different service areas subsequent to the approval of the Tribunal/Company Judge, the time spent in pursuing any litigation on account of which the final approval of a merger is delayed, should be excluded,” Trai said.

This would protect the rights of a telecom operators to pursue remedies in court and also ensure that the period of one year does not become redundant for no fault of companies on account of pendency of an issue before a court, one of the stakeholders cited by Trai had submitted.

Another provision of the acquisition guidelines which provides an exemption from substantial equity/cross holding clause for a period of one year or more should be modified such that the said exemption is provided only for a period till transfer/ merger of licence is taken on record by the licensor (telecom department), Trai recommended.

It also suggested that both the number of subscribers as well as Adjusted Gross Revenue (AGR) should be considered for determining the marketshare in case of services like access, internet and VSAT. And that only AGR should be considered for determining the marketshare for rest of the services like national and international long distance, and resale of international private leased circuits.

The authority recommends that guidelines should explicitly mention that consequent upon payment of market determined price for spectrum, such spectrum would be treated as liberalised, that is technology neutral.

ALL INDIA COMPUTER SAKSHARTA MISSION (AICSM) WOKHACENTRE VACANCY

Computer Teacher DCA, DTP

Contact: 9774582236 8714950443

K-512

KATS WEDDING PLANNERS Starts at Rs. 5 L Plan your wedding with us and get HIGH END WEDDING DRESS; WEDDING CAKE AND BRIDAL MAKE UP by Kats Collection. # 7085176638 / 7005204949 DP-1103(A)

KATS COLLECTION WEDDING DRESSES Starts at Rs. 10,000/- Upto 20% discount New Arrivals in Store now. #8974879718 / 8787501224 DP -1103(B)

LAND FOR SALE At Signal Basti, Kevijau Colony, Lane-3, Dimapur. 1. (55x55) sq.fts = 23,50,000/- 2. (88X50) sq.fts = 28,50,000/- (NO BROKER Please) Contact No: +91-9862045760 DP-1353

LAND FOR SALE (Only for Tenyiphe) 1. Between D.T.O & New Dc Office 55x117, Rs. 14,75,000/- 2. Seitheke Basa, Behind Angami Church 9000 sq. ft., Rs. 11,50,000/- Contact No : 8974848301 DP-1237( A )

LAND FOR SALE - Padumpukhri, Rs. 350/- Per Sq. Ft. (Nego) Any size available according to your budget - Doragajan, Rs. 175/- Per Sq. Ft. (Nearly 2 Bighas) Nego. - Doragajan, Rs. 180/- Per Sq. Ft. (2 Bighas) Nego. - Kushiabill, Main Road touched, 60x60, Rs. 15,50,000/- (Nego) Contact No : 8729817125 DP-1329

VACANCY AIM Requires Boys and Girls Class-VI above. For the post Sales Executive/ Field Executive. Salary 2500-13000; Fooding lodging free. Address : Sematila Colony, Dimapur.

Contact : 6009164338

DP-1296

FOR SALE Xylo H8 Year 2015 Price : Rs.5,10,000/- (Negotiable) Contact: 7085750184 9378060807 DP-1359

FOR SALE BOLERO PICK UP (4X4) NL PRICE – 4.55 (LAKHS) CALL - 7630099865 DP-1362

URGENT SALE 1. TATA MOBILE (Old Model) Good running condition Rs. 2,80,000/- 2. Ace Zip (TATA TEMPO) 2018 Choto Hati Rs.2,10,000/- Price Negotiable

Contact - 9856052302 8837250390 DP-1350

FOR SALE BOLERO ZLX 2015 (NL) BOLERO SLX 2013 (NL) BOLERO POWER+SLX 2018 (NL) EECO (7 Str) 2010, 2013 (NL) TERRANO XV 2015 (NL) ALTO 800 VXI 2014 (NL) ALTO K10 VXI 2011 (NL) SCORPIO S10 2014, 2016 (NL) SCORPIO M. HAWK 2012 (NL) TUV 2015 (NL) A-STAR VXI 2009 (NL) i20 2012 (NL) DATSUN GO 2016 (NL) EON 2013, 2014 (NL) ALTO 800 STD. 2015, 2014 (NL) VAN E-III 2011 (NL) GYPSY Auction 2013, 2014 (NL) # 9774699215 / 8974247694 DP-1370

LOST NOTICE I, Joshua Assumi, am Applying for a duplicate copy of Nagaland University Registration Card as I have lost it. 1. Name: JOSHUA ASSUMI 2. F/Name : Woipu 3. Reg. No.: 15250166 4. Year : 2015 5. Contact No. : 8837327042 DP-1367

LOST NOTICE I, MR. BOTHO LOHE, am applying for a duplicate copy of class 10 pass certificate as I have lost it. Name ; Botho Lohe F/Name: Zashesa Lohe Roll No. 1610795 School: Oking Christian School, Kohima (NBSE) Year : 2016 K-508

Reference no.LAW-13/73(Pt-III) Dated Kohima the 12 th September 2014. Regd. No. 22790.2020.

AFFIDAVIT I, Shri Ngangshitemjen, S/o Shri Merenwati do hereby declare: 1. That my name Shri Ngangshitemjen and Ngangshitemjen Ao refers to the same person. 2. That my Father's name Shri Merenwati and Shri Marangwati Ao refers to the same person. 3. That henceforth, I shall use my name as Shri Ngangshitemjen and my father's name as Shri Merenwati.

Deponent Sworn before me by the deponent.

Notary Public MKC-66