NEW DELHI: The Supreme Court on Thursday said it would begin day-to-day hearing to settle ownership of the 2.77-acre Babri Masjid-Ram Janmabhoomi land in Ayodhya if it concludes on July 18 that continuing the four-month-old SC-appointed mediation panel’s search for a negotiated solution may not be fruitful.

     A bench of Chief Justice Ranjan Gogoi and Justices S A Bobde, D Y Chandrachud, Ashok Bhushan and S Abdul Nazir requested panel chairman, former SC judge F M I Kalifulla, to submit a report by July 18 detailing the “progress of mediation till date and the stage at which the said process is presently at (sic)”.
“We also make it clear that if this court comes to a conclusion (on July 18) that, having regard to the report of Justice Kalifulla, the mediation proceedings should be ordered to be concluded, the court will do so and order commencement of the hearing of appeals before it, tentatively on and from July 25. Hearings, if required, will be conducted on day-to-day basis,” the CJI-led bench said in its order.
The order came after Hindu parties joined hands to demand an end to the mediation process which has been favoured by the Muslim side.

​Airtel may soon have 'bad news' for Reliance Jio and more

For the first time since Reliance Jio Infocomm started reporting quarterly earnings, analysts are forecasting Jio's average revenue per user (ARPU) to fall below Bharti Airtel’s. ARPU is one of the key performance metric for any telecom company. However, while this may not be good news for India's youngest telecom company, analysts alsi have some positive forecasts for the company. Read on to find out the good and bad news for Reliance Jio

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The Mukesh Ambani-led company's average monthly ARPU in the April-June period may drop to Rs 124, declining for the seventh straight quarter and less than Airtel’s estimated Rs 127. ARPU is a key performance metric for any telcos. The main reason, as per analysts is that the country’s youngest telco attracts low revenue-generating customers in the hinterland through its cheap VoLTE feature phone. Axis Bank expects Jio’s operating income to drop 16% sequentially to Rs 3,631.2 crore in the June quarter and its Ebitda margin to contract to 30.3% from 39% in the previous three-month period