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Reliance says commercial telecoms launch in coming months

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India’s Reliance Industries Ltd said it will launch fourth-generation wireless services commercially in the coming months as the energy-to-telecoms conglomerate reported a forecast-beating 18 percent rise in first-quarter profit. Reliance, controlled by India’s richest man Mukesh Ambani, has invested about $20 billion on building what will be India’s biggest 4G network. Its Jio unit currently has 1.5 million users including the group’s employees and others testing the network.Investors as well as rivals in the telecoms industry are keenly waiting for the services to be launched as Reliance seeks to reshape the Indian telecom market with low-priced offerings.

The company, which bought its first airwaves in 2010, had been due to launch the services commercially in December last year.”The test program will be progressively upgraded into commercial operations in coming months,” Reliance said in a statement on Friday as it reported its earnings for the three months to June 30. Consolidated net profit rose to 71.13 billion rupees ($1.1 billion) for the three months to June 30, from 60.24 billion rupees a year earlier, beating analysts’ expectation of 65.15 billion rupees.

Revenue for the quarter, however, fell 13.4 percent year-on-year to 714.51 billion rupees on lower crude oil prices. Reliance gets 95 percent of its profit from oil and petrochemicals, but has been spending aggressively to expand into new areas such as retail, telecom and e-commerce.

It is also in the process of setting up a niche payments bank in a partnership with top lender State Bank of India. The company, which runs the world’s largest single location refinery at Jamnagar in Gujarat state in Western India, said gross refining margin on each barrel of crude processed — a key profitability gauge — was $11.5 in the June quarter, higher than $10.4 a year earlier.Ahead of the results, Reliance shares, valued at $49 billion, rose 0.7 percent in a Mumbai market that closed down 0.3 percent. The stock is little changed so far in 2016, underperforming a 7.5 percent rise in the main index.

Why the Turkish military revolted

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The coup attempt in Turkey is the latest flashpoint in the often tense relationship between President Recep Tayyip Erdogan and the country’s military. Historically the Turkish military held considerable sway over politics. It’s a popular institution with relative autonomy, which poses itself as a guardian of Kemalism, the country’s founding ideology, and secularism. The rise of Mr. Erdogan to power in 2002 had challenged the military both ideologically and institutionally. In terms of ideology, Mr. Erdogan’s AK Party’s Islamist politics was fundamentally different from the military’s Kemalist secularism. Mr. Erdogan’s government also took a series of steps in its initial years such as limiting the jurisdiction of the military court and bringing the appointment of senior military figures under civilian control to weaken the military’s influence in society and over state.

This was a formidable challenge given that the military had staged four successful coups in the past and made several other political leaders resign through other means. But his immense popularity and economic and political stability helped Mr. Erdogan take the risk which other Turkish politicians feared to do. He had also got several generals and other senior commanders arrested for allegedly trying to plot against the government. Despite the public opposition and warning from the military, the government supported the election of Abdullah Gul as the country’s president in 2007. The military opposed Mr. Gul because of his previous association with an Islamist party. At this moment, Mr. Erdogan appeared to have tamed the strong military and established the authority of his civilian government over the whole of Turkish institutions.

But things have changed over the last two years. The paradigm shift in Turkey’s foreign policy and its disastrous outcome, growing insecurity in the country, and the increasingly authoritarian nature of the AK Party rule all weakened Mr. Erdogan’s once enviable political stature. When crisis broke out in Syria in 2011, Mr. Erdogan was one of the first leaders who called for President Bashar al-Assad’s resignation. Since then he actively backed Islamist rebels in Syria. This was largely counterproductive. First, it deepened the Syrian civil war, sending a huge number of refugees into Turkey. Second, the hands of Islamic State were strengthened by the Syrian conflict. The IS is now occasionally attacking Turkey. Third, Turkey’s involvement in Syria had turned Russia against the country. The Russian sanctions had seriously impacted the country’s Central Asia plans. Lastly, the worsening of the ethnic tensions within Turkey is also linked to the Syrian crisis. Mr. Erdogan resumed attacking the Kurdish rebels in the country’s Southeast after Kurds emerged as a major ground force in the war against IS, drew international support and their political wing posed electoral challenges to the AK Party.

Of late, however, Mr. Erdogan had tried to improve relationship with the military establishment. That may be because his government became increasingly reliant on the military in the wake of the new security challenges, particularly in the East. Mr. Erdogan focussed his opposition on the Gulenist wing of the military–followers of Islamist scholar and an Erdogan critic Fethullah Gulen–and aligned with the Kemalists. Mr. Erdogan calls the Gulenist wing a “parallel structure” within the government. In recent weeks, the government had also shown changes in its foreign policy. Mr. Erdogan met President Vladimir Putin of Russia and normalised Turkey’s ties with Israel. The government had also said that it was ready to engage Syrian President Assad, in a major U-turn in its hostile approach towards the neighbouring country.

Besides, earlier this week, Mr. Erdogan signed a bill giving soldiers immunity from prosecution while taking part in domestic security operations.But Saturday’s coup attempt shows that Mr. Erdogan hasn’t won completely in pacifying the discontents within the army. His initial response was that the “parallel structure” was behind the coup. But the question is whether the Gulenists are so powerful, even after the purge, to stage a coup against the Turkish government. It could also be a larger military revolt given that Mr. Erdogan is now weak and is dependent on the armed forces. The statement issued by the rebel forces that they have taken over the country to protect human rights and secularism matches the Kemalist rhetoric. Either way, it shows the further weakening of The Turkish state and portrays a grim picture about the future of the country’s democracy.

Rajamouli’s Stern Warning to Anushka

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If sources are to be believed, ace director Rajamouli has given a serious warning to his Devasena aka Anushka.The top actress had earlier gained over 20 kg weight for her role in ‘Size Zero’. The actress, who is supposed to start shooting for ‘Baahubali: The Conclusion’ is yet to get back in shape as she still has some fat to burn. Although the saucy seductress has been doing exercises and yoga, she is yet to get the desired shape back.

Annoyed Rajamouli, is said to have strictly warned Anushka to take the help of Liposuction if needed but he wants her to attend the shoot in few weeks. It is heard that Anushka was a bit hurt after Rajamouli’s serious class as she felt he didn’t recognize how hard she has been working to get back in shape.

Devasena’s character has huge importance in Baahubali 2, and Rajamouli is not the person who tolerates disobedience.

Why Pawan Kalyan Birthday Worries NTR Fans?

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The much-awaited film was earlier slated to release on August 12, which was assumed to be an ideal time for the star to break the existing records. Young Tiger’s fans are already on fire on the production team of ‘Janatha Garage’ for the postponement of the film. Not only the team postponed the film but also selected a date, which has a bad sentiment haunting it.

September 2 happens to be the birthday of Tollywood Power Star Pawan Kalyan, and the factor is now worrying the fans of NTR. Here is how?

Pawan Kalyan’s ‘Sardaar Gabbar Singh’ was released on April 8, which happens to be the birthday of Stylish Star Allu Arjun. Mahesh’s ‘Brahmotsavam’ was released on May 20, which happens to be NTR’s birthday. It is a known fact that both the movies stood as huge disasters. As NTR’s ‘Janatha Garage’ is releasing on the eve of Pawan Kalyan’s birthday, fans are obviously worried.

Pawan Kalyan back in Hyderabad

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Powerstar Pawan Kalyan who flew to London last week to attend a cultural event of a Telugu association there, had an extended holiday and now is back in Hyderabad. He arrived in Hyderabad last evening. The regular shooting of his next in the direction of Gopala Gopala fame Dolly will begin from the last week of this month or early next month.

Pawan Kalyan will be sporting a twirled moustache in this film which is touted to be a remake of Tamil blockbuster, Veeram starring Ajith. Sources also say that the makers have brought in Bhoopathi Raja, the original writer of Veeram on board to prepare the script. The makers are targeting Sankranthi 2017 release.

Earlier the makers confirmed that it is a love story of a factionist. Kadapa King is the title in rumours for this new project but there is no official word. Shruti Haasan who romanced Pawan Kalyan in Gabbar Singh, is likely to pair up with the actor in this film as well. Anup Rubens is the music composer.

Rajinikanth to be back in India

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There were lot of rumours surrounding Superstar Rajinikanth’s health. The reports said that he is down with some serious ailment. He also bunked for the promotions of his Kabali until now, giving rise to more rumours. Finally here is some clarity which we managed to obtain from a reliable source in Chennai.

Rajinikanth is perfectly alright and will be back to Chennai on 20th of this month, two days before the release of his Kabali. Thalaivar went to the USA on a family holiday and then he came to know about some new developments about his health. Just to be on the safe side, Doctors suggested him to undergo Blood Transfusion.

After this procedure was completed, the doctors have asked for observation and he was kept in ICU there for two weeks. But now every thing is fine and the Superstar will be participating in Kabali promotions after the movie release. Once the promotions are complete, he will join the shoot of Shankar’s 2.0 in Talakona some time in August.

Murali Mohan Participates in Telugu Samskruthika Samithi 40 Years Celebrations | US News

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Watch Murali Mohan Participates in Telugu Samskruthika Samithi 40 Years Celebrations | US News

Ram Charan Unhappy With Surender Reddy

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Watch Ram Charan Unhappy With Surender Reddy

https://www.youtube.com/watch?v=bGfwBf5XPC8

Rojulu Marayi Movie Success Meet

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Watch Rojulu Marayi Movie Success Meet

https://www.youtube.com/watch?v=3x8IH7OBVYM

Hansika Back to Tollywood with Gopichand Movie!

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Watch Hansika Back to Tollywood with Gopichand Movie!

https://www.youtube.com/watch?v=fw7DfhTxzfo

INSIDE Shilpa Shetty HOUSE

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Watch INSIDE Shilpa Shetty HOUSE

Ram Charan : Kathithilantodu is Not The Final Title For Chiru 150th Movie | Cherry Facebook Live

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Watch Ram Charan : Kathithilantodu is Not The Final Title For Chiru 150th Movie | Cherry Facebook Live

Janatha Garage Release Postponed | Jr. NTR

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Watch Janatha Garage Release Postponed | Jr. NTR

B Tech Student dies due to electric shock in Hyderabad

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Watch B Tech Student dies due to electric shock in Hyderabad

https://www.youtube.com/watch?v=9TdlvzBesTQ

Vijayawada Infant kidnap case ends on a happy note

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Watch Vijayawada Infant kidnap case ends on a happy note

https://www.youtube.com/watch?v=cKVIpQIvmA8

#TurkeyCoup High Alert in Turkey: Turkish Army Attacks

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Watch #TurkeyCoup High Alert in Turkey: Turkish Army Attacks

Hansika With Gopichand in Sampath Nandi Movie

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Actress Hansika was once a busy heroine in Telugu film industry. It has been a long time since she showed up in Tollywood. She was last seen in Ravi Teja’s starrer “Power” film and entertained the Telugu audiences since then she didn’t do any Telugu film. Now she was roped in for Gopichand’s forthcoming project.

Going deep into the details, recently Sampath Nandi is set to direct Gopichand for a new action and romantic entertainer film. He approached Hansika for the female lead role; she is very impressed with her character in the movie and has finally given green signal to this Telugu film. Catherine Tresa was also approached for another female lead role in this flick, she’s yet to sign on the dotted line. Once Oxygen movie shoot wrapped up, Gopichand will join sets of this Sampath Nandi’s directorial venture.

Priyanka Chopra’s Brother Booked in Hookah Case

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Police have raided an eatery, ‘The Mug Shot Lounge’, located in tony Koregaon Park area only to seize 16 hookah apparatus. The eatery is owned by Priyanka Chopra’s brother Siddharth. Cases have been filed on the eatery’s owner Siddharth and its manager Prakash Chaudhary under the sections of Cigarettes and Other Tobacco Products Act.

The raid was conducted on Thursday night following a tip-off about consumption of hukkah and flavored tobacco at the pub lounge. In May this year, as many as 10 people were arrested from the same lounge for practicing betting during Indian Premier League (IPL) matches.

Selfie Raja Movie | Allari Naresh Exclusive Interview

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Watch Selfie Raja Movie | Allari Naresh Exclusive Interview

Anveshana finds Child Actor Ananda Vardhan!

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Watch Anveshana finds Child Actor Ananda Vardhan!

https://www.youtube.com/watch?v=UWJ4VncP6hA

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