Tuesday, 21 March 2017

Richard Branson plans heading Stephen Hawking into Space


Richard Branson's spaceflight company, Virgin Galactic, hopes soon to carry people into space on commercial missions. Mr Branson had suggested that he might be able to complete a flight in 2009, but the plan has been thrown off by a range of problems and disasters.


In a wide-ranging interview, he said that his "three children have brought me great joy - and I can tell you what will make me happy, to travel in space".
Professor Hawking also discussed Donald Trump, who he said was a "demagogue" and made him fear that he might never be welcome in the US. ""His priority will be to satisfy his electorate who are neither liberal, nor that well-informed," he said.
He also criticised Jeremy Corbyn, who he said had allowed himself to be portrayed "a left-wing extremist, which he’s not". Because of the media portrayals, he said there was not much chance that Mr Corbyn would ever win an election, but that he would continue to support the Labour party.
And he said that if Brexit must happen, it can't happen in the "isolated and inward-looking" way that "the right wing of the Conservative Party want". He warned politicians that they should ensure that Britain keeps as many links as possible with Europe and the rest of the world, and said that leaving Europe "threatens Britain’s status as a world-leader in science and innovation".

Reference:- 1
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Friday, 3 March 2017

Reliance Jio’s ‘Prime’ membership begins






Reliance Jio will give its Prime membership from next month and if it becomes popular among consumers, it will have unfavourable impact on Airtel ,Vodafone and Idea . 

Jio’s Rs 303 per month membership can affect 16-17% fall in telecom industry revenues in FY18, if it finds maximum traction. 
Brokerage Kotak Institutional Equities told ET that it would be "foolhardy for incumbents to assume they can command material pricing premium in the marketplace versus Jio". 

Kotak estimates "a potential ceteris paribus negative impact of around 16-17 per cent on industry revenue in FY2018" if Jio's Rs.303/month offer appeals to customers with total monthly wireless spends of Rs. 200 or more. But it noted that the estimated dip in industry revenue could be restricted to 8-10 per cent if there is "ARPU sanity in the sub-Rs.200 segment of the market". 


On the flip side, brokerage Credit Suisse, however, feels market leader Bharti Airtel will match Jio's paid offers, going forward.
"While it didn't make sense to match Jio's free offer, we believe Bharti has decided that it will not hesitate from matching Jio's paid offers," the Swiss brokerage said. 


"Some of the largest corporate customers of holder have not seen rates go down or data allowance go up since Jio's launch, even as customers intending to port out and new users have seen a significant improvement in the price-value equation.


Source :- http://www.businessinsider.in/reliance-jios-prime-membership-begins-next-month-heres-how-it-is-impact-airtel-vodafone-and-idea/articleshow/57443493.cms

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