Kerala-based privately owned Federal Bank said it has started a one-minute loan facility called Digital Personal Loans. “Customers can log into Bank’s website (www.federalbank.co.in) and avail personal loans in a minute. Upon the acceptance of the offer by the customer, the loan money is credited to his account immediately,” it said. “This facility neither requires […]
While Rs 45 lakh crore would be the total credit demand for the micro, small and medium enterprises sector over the medium term, about Rs 5.15 lakh crore needs to be mobilised to address the near-term requirement, noted an ASSOCHAM-Crisil joint study. “Finance related issues pose the biggest challenge among the host of other factors […]
The entry of Reliance Jio, part of Reliance Industries, into the Indian telecoms market will be credit negative for the incumbents – especially smaller telcos – and could fundamentally change how telecom services are sold in India, said Fitch Ratings. “Jio’s tariff plans may gradually push the market toward “data-only plans”, under which customers are […]
It looks like there was some confusion in the way the tariff chart for Reliance Jio’s new 4G service was presented at the annual general meeting of Reliance Industries. When RIL Chairman Mukesh Ambani said: Here are the ten plans of Reliance Jio, many were busy counting the tariff schemes on the screen, and sure […]
Reliance Jio today did an impressive job of sweeping most people in the country off their feet with ultra-low tariffs, including an offer for unlimited voice calling at Rs 149 and unlimited 4G downloading at night for Rs 499 per month. But there’s one group of customers who are less than happy, perhaps even feeling […]
As expected, Mukesh Ambani, chairman of Reliance Industries called on rivals like Bharti Airtel, Vodafone and Idea to compete fairly with the company and provide voice interconnection points. Ambani said Jio customers have suffered 5 cr call failures in the last one week due to the lack of interconnection points. Interconnection points are the ‘joints’ […]
Mukesh Ambani today said Jio Digital, India’s latest telecom service, will start full commercial operations from September 5, implying that you will be able to port your number using MNP to Jio’s network starting from next Monday. However, the company has been facing huge issues in processing customer application forms in recent days, slowing down new […]
Reliance Jio is rolling out 1 Gbps fiber-to-home connections in “select cities”, Mukesh Ambani, chairman of Reliance Industries said today. “We will progressively roll this out to top 100 cities,” he added. The official launch of Jio is on Sep 5, and it’s possible that fiber too will be unveiled for sale on that day. […]
Mukesh Ambani today set off a bomb in the Indian telecom industry by making voice calls free for any Jio customer who has a data pack. He also unveiled data plans ranging from Rs 25 per GB to Rs 50 per GB, depending on how much you use. See the tariffs given above in the […]
Mukesh Ambani, Chairman of Reliance Industries, is speaking to shareholders at the 42nd annual general meeting of the company today. The following are the key points of his speech. This is a live updated feed of the most important parts of his speech as regards the commercial launch of Reliance Jio. Please refresh this page […]
Taking a cue from other consumer-facing brands, Reliance Industries has decided to provide live streaming of Mukesh Ambani’s much expected speech at the company’s annual general meeting on Thursday. NOTE:THIS IS FROM SEPTEMBER. GO TO THIS PAGE FOR TODAY’S SPEECH The live transmission of the speech “will go LIVE tomorrow as soon as RIL’s CMD Shri Mukesh […]
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product(GDP) for the first quarter (April-June) Q1, of 2016-17, both at constant (2011-12) and current prices, along with the corresponding quarterly estimates of expenditure components of the GDP. GDP at constant (2011-12) prices in Q1 of 2016-17 […]
India’s industrial production index for core industries rose 3.2% in July compared to a year ago, indicating a slight improvement in economic activities. The eight core industries, that comprise nearly 38% of Index of Industrial Production (IIP), rose to 173.7 in July. Its cumulative growth during April to July, 2016-17 was 4.9 %. Coal Coal […]
Bharti Airtel has brought advanced 4G technology that conjoins the different blocks of spectrum it has in Mumbai circle, about six months after it introduced the technology to Kerala. With this, Mumbai has become the second circle where the company has introduced ‘carrier aggregation’ technology, a part of LTE Advanced standard. “The deployment will result […]
An uptick in the job market in the second half of 2016 is the key sentiment that has emerged from Naukri’s Hiring Outlook survey 2016, conducted among 1300 recruiters and consultants representing more than 20 industries. According to the survey, 77% of the recruiters predict that new jobs would be created in the coming months, […]
The Indian Cabinet today approved extending ‘permanent residency’ to foreign investors. So far, one had to be a citizen to be a permanent resident in the country. Others faced hassles such as regular attendance at foreigners registration offices and visa extensions if they were to continue to remain in the country. The present tenure of […]
Sony Pictures Networks India (SPN) said it will acquire TEN Sports Network from Zee Entertainment Enterprises Limited (ZEE) and its subsidiaries for 385 million U.S. dollars (around Rs 2,600 cr). The acquisition will add South Asia’s leading sports network to SPN’s existing portfolio of channels and help Sony to compete better with Rupert Murdoch’s Start […]
Delhi government is planning to bring Closed Circuit Television cameras (CCTV) not just for the purpose of security but to keep a tab on what is going on inside classrooms, said Punya Salila Shrivastava, Secretary, Education said at an ASSOCHAM event held in New Delhi today. Speaking on the Conference on Quality Education for All […]
Tata Motors said consolidated profit before tax and exceptional items for the April-June quarter fell to ₹2,066 crores from ₹6,340 crores last year due to the adverse foreign exchange impact. The value of the British Pound fell drastically during the quarter due to the exit of the UK from the European Union. This had a […]
Auxus, known for selling highly specified smartphones at mid-range prices, said it is launching its latest model, Auxus4X at a price of Rs 15,990 exclusively on eBay.in. The smartphone will come with the Helio P10 chipset, a 5.5-inch, full-HD display made by LG Electronics and 4GB of DDR3 RAM. It is powered by 3 Ah battery […]
