1. Consolidation (Noun) Elaborated meaning : combination of something Synonyms: merger ,strengthening, unification Antonyms : division , seperation , antagonism Example : It is crucial that consolidation is professionally managed. Trick : consolidation - con + solid ( If we want to make something solid we have to COMBINE things) |
2. Synergy (Noun) Elaborated meaning : the interaction or cooperation of two or more organizations Synonyms: cooperative interaction, cooperation, combined effort Antonyms : discord , divorce , seperation Example : We have found few data on synergy between different treatments. Trick : synergy - syn + energy (More cooperation - more energy ) |
3. Breach (Noun) Elaborated meaning : a gap in a wall, barrier, or defence, especially one made by an attacking army. Synonyms: break, rupture, split, crack Antonyms : agreement , closure , misforutune Example :The breach in the flood wall widened to 60 metres the next day. Trick : breach spells like break |
4. Freebis (Noun) Elaborated meaning : a thing given free of charge. Synonyms: gift , giveaway , handout Antonyms : hurt , loss , forfeit Example : As for the goodies, winners will walk away with trophies, cash awards and host of freebies from the event sponsors Trick : freebies - free + by (@ free of cost) |
5.Incumbents (Noun) Elaborated meaning : the holder of an office or post Synonyms: holder, bearer, occupant Antonyms : unnecessary , avoidable , useless Example :The present incumbent is I think magnificent at not being rattled by anything. Trick : incumbents - Income + bent (you will get INCOME when you hold a post) |
Imp Word : Catapult (Verb ) Elaborated meaning : hurl or launch (something) in a specified direction with Synonyms: propel, launch, hurl Antonyms : discourage ,pull , finish Example : Use your arms to help catapult you upward and to control the movement. Trick : catapult - CATalyst + pull (PULL someone like catalyst) |
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Article London-headquartered Vodafone and Kumar Birla-controlled Idea Cellular on Monday announced India Inc's biggest-ever merger to create the country's undisputed leader in the world's second largest telecom market after China. The combined 394-million subscriber base of India's second and third largest telcos will eclipse Bharti Airtel's 270 million - and CATAPULT the merged company to No 2 spot globally. It could also alter the landscape of an industry that's facing cut-throat competition from Mukesh Ambani's recently-launched Reliance Jio. TOI was the first to write, in its edition of January 28, that Vodafone and Idea were in advanced discussions for a merger (there had been some speculation last year, also reported by TOI, but nothing had come of it at the time). The mega-merger will create a company that will be No. 1 or a strong No. 2 in all telecom circles except Jammu & Kashmir. Voda's 204 million subscribers and Idea's 190 million (at the end of 2016) will give them a combined market share of 35%. Aggregate revenues of over Rs 80,000 crore represent 42% of the national pie. Vodafone's global CEO Vittorio Colao told TOI in a joint interview with Birla that the CONSOLIDATION was driven primarily by the "arrival of data, which is very capital heavy and consumes a lot of spectrum" - along with reasons like SYNERGY and cost savings.Although Vodafone will hold 45% and Idea Cellular 26% stake in the post-merger company, which is being valued at $23 billion, they will have equal voting rights (again, TOI had reported on Jan 28 that Idea was pressing for it). The combine - the name and brand identity of which will be decided in due course - will be jointly managed with three representatives each on a 12-member board. Birla will take over as chairman of the new entity upon the completion of the deal in 2018. While the two sides will together decide on the CEO, Idea's Himanshu Kapania is expected to steer the combined operations; the choice of chief financial officer will be Vodafone's. The transaction gives Idea the option to buy 9.5% stake in the new company over the next four years at Rs 130 per share. If Birla chooses not to exercise the option, Vodafone will sell down shares to equalize its shareholding with Idea. On January 30, two days after the TOI report, Vodafone and Idea had confirmed they were in talks. On Monday, they maintained that the merger would not BREACH subscriber and spectrum threshold limits in a big way (only in five circles, according to telecom analysts) as reported by this newspaper on January 28. Perhaps in a bid to bring about near-parity between the two, the merger excludes the Vodafone's 42% interest in Indus Towers while valuing the British telecom giant unlisted Indian subsidiary at $12.4 billion (Rs 82,000 crore), but includes Mumbai-listed Idea's 11% stake in Indus in its $10.8 billion (72,000 crore) valuation. Analysts viewed the deal making as a strategic retreat for Vodafone from a lossmaking market where it has written off $9 billion till date. Jio's FREEBIES have pushed INCUMBENTS into a corner with Bharti Airtel, Vodafone and Idea posting quarterly losses. |
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