Collapses Archives

Blow for Reliance Communications as wireless unit merger with Aircel collapses

October 6, 2017 Loknath DasAircel, As, Blow, Collapses, Communications, for, Merger, Reliance, Unit, Wireless, With

Embattled telecom company Reliance Communications Ltd faced another setback on Sunday after a deal to merge its wireless business with smaller rival Aircel was called off, raising fresh doubts around its debt restructuring plans. The company, widely known as RCom, said it had agreed with Aircel to call off the proposed deal due to regulatory delays and legal uncertainties. RCom has been trying to reduce its debt by 250 billion rupees by merging its wireless business with Aircel and by selling a stake in its mobile masts arm to a unit of…

As Population Rises, UP’s Healthcare System Collapses

September 24, 2016 SrijitaAs, Collapses, Healthcare, population, Rises, System, Ups

In Uttar Pradesh, the number of public health centres (PHCs), the frontline of the government’s healthcare system, decreased 8 per cent over the last 15 years to 2015, a period when the state’s population increased by more than 25 per cent. Smaller sub-centres, the first point of public contact, increased by no more than 2 per cent over the 25 years to 2015, a period when the population grew by more than 51 per cent. These data, from the 2015 Rural Health Statistics (RHS), indicate how successive UP governments have…