BSNL takes on 4G VoLTE with VoWifi + free calls

If you enjoy the higher call quality of Voice over LTE (VoLTE) calls compared to regular cellular calls, you are definitely going to enjoy using BSNL’s new Wifi calling app. The app, not yet available on Google Play, redirects your call via your Wifi network to your BSNL broadband connection. Because the call is then handled by the company’s landline network, the quality of audio remains superior to the 2G or 3G calls. Besides, given that BSNL is offering free and unlimited voice calling with many of their broadband plans,…

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BSNL to soon relaunch Rs 498 “truly unlimited” 3G plan, new packs on Republic Day

State-owned Bharat Sanchar Nigam Ltd has decided to “relaunch” its 14-day “truly unlimited” 3G plan, chairman and managing director Anupam Shrivastava said today. The plan, introduced in early December, was pulled after only one month. It offered truly unlimited 3G data usage at just Rs 498 with a validity of 14 days. The 498 recharge was one of the only two truly unlimited schemes being offered by wireless operators in India — both from BSNL. The second scheme, which offers data and BSNL-to-BSNL calls without any limits for one month…

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Lenovo P2 priced at Rs 17,999 for 4 GB variant, higher than expected

Lenovo’s latest smartphone in India, the P2, has been launched at Rs 17,999 for the 4 GB version, which is about Rs 2,000 more than the expected price. A cheaper option, at Rs 16,999, will also be available on Flipkart, but will come with only 3 GB of RAM. The pricing makes the phone less value-for-money than many expected. However, the phone has some key features and specifications that set it apart, though the pricing is still on the higher side. The most attractive aspect of the device will be…

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Mining baron Sekhar Reddy arrested after Income Tax raids

Sand miner Shekar Reddy has been arrested, two weeks after the seizure of crores of rupees and gold in an income tax raid. The arrest has come hours after Income Tax officials conducted a raid on Tamil Nadu’s top bureaucrat chief secretary P Rama Mohana Rao at his home. It was speculated that Rao’s home was raided on the basis of information obtained from the earlier raid. Income Tax raids has unearthed Rs 130 crore in cash including Rs 34 crore in new currencies and 177 kg of gold from…

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Google regains top slot in November as Facebook sees 6% decline in traffic

Google.com, home to the world’s most popular search engine, beat Facebook.com to become the most visited website in the world in November as people spent more time shopping and comparing deals than networking online. There was also a sharp jump in traffic to online retail sites such as Amazon and to online advertising domains like googleadservices.com. Overall, people spent considerably less time on non-shopping websites in November compared with October, resulting in marked decline in the number of visits to non-shopping websites, according to web analytics firm similarweb.com. So, while…

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Reliance Jio 1GB FUP limit: Co could launch data top-up coupons

Reliance Jio, the world’s biggest 4G operator by data volume, took a step closer to the starting of commercial services today by slashing the free data allowance on its connections to 1 GB per day from 4 GB. From January 1, all subscribers of Reliance Jio — old and new — will be able to use only 1 GB of free data per day, down from 4 GB at present. And it could take a second step soon by introducing top-up coupons for those who are frustrated by the low…

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Demonetization: Sobha Developers offers instalment scheme on Dubai project

Sobha Group, a real estate developer focused on South India and the Middle East, has announced a new deferred payment plan for apartments and villas at Sobha Hartland – an integrated freehold community on the Dubai Water Canal in Mohammed Bin Rashid Al Maktoum City. Under the new plan, buyers of apartments and villas can pay 40% of the price two years after hand over. It is very rare for builders to offer to take part of the price of the apartment years after it has been handed over. However,…

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No Note Exchange, only Account Withdrawals Tomorrow as banks take a breather

There will no over the counter exchange of currency tomorrow (Saturday) as banks have requested for a one-day break from the heavy workload. The only exception will be for senior citizens. Deposits and withdrawals will continue. “The entire staff of the banks have been dedicated to this for several days. Our own customers have been suffering,” Rajeev Rishi, chairman of the Indian Banks Association said. This follows 10-days of continuous efforts by lakhs of bank employees across India to get new currency notes into the hands of the people. The…

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No, JIO has NOT EXTENDED its Welcome Offer to March

Despite media reports claiming that Reliance Jio has extended its free Welcome Offer to March, company sources indicate that such a decision has not been taken. The offer, which includes free voice and data usage, was unveiled on Sept 5 by Mukesh Ambani at Reliance Industries annual general meeting. At the time, Ambani had said that the company ‘may’ extend the offer if rival operators do not play nice with it. It has, since then, repeated this ‘threat’, most recently at the quarterly result announcements a week ago. It also…

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GTL Infra issues 2.98 cr shares at 10 each to FCCB holders

GTL Infrastructure said that it has issued 2.98 crore equity shares to holders of its foreign currency convertible bonds. The shares are issued at a conversion price of Rs 10 per share. The bonds were issued in 2012 and are due next year. FCCB are issued by a company which can be redeemed either at maturity or at a price assured by the issuer. In case the company fails to reach the assured price, bond issuer is to get it redeemed. The current price of the stock is Rs 5.35…

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Vodafone 4G launched in Gujarat, to reach 1,000 cities in India by year-end

Vodafone India launched 4G services in Gujarat today, starting from Surat. “4G services will be rolled out across Gujarat over the next few months,” it said. Now in its second phase of launch, Vodafone SuperNetTM 4G services will soon also be available in West Bengal and in 1,000 towns across the country by end of the year, the company added. The launch in Gujarat follows the introduction of similar services in Kerala, Karnataka, Kolkata, Delhi & NCR, Mumbai, Haryana & UP East. “Built on the efficient 1800 MHz band, this…

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Modi Greets Malayalis on Kerala new year

Prime Minister,Narendra Modi, has greeted the people on the start of Chingam, the first month of the Malayalam New Year. “On the start of Chingam, the first month of the Malayalam New Year, my greetings to the Malayali community. May the year bring joy & peace,” tweeted Modi Narendra Modi have been regular in wishing keralites on there special occasions as a means to cconnect with people who have been traditionally neglectant to BJP. May’s Kerala poll result was a feather in Modi’s cap as the saffron outfit finally managed…

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NTPC power production costs decline even as private producers increase share

The cost of production of electricity fell to Rs 3.04 per kWh during the period from April to June 2016 from Rs 3.19 during the same period last year, the government said. This is mainly on account of rationalization of freight charges for domestic coal and reduction of imports, the government said in a statement. The cost of power of Central Generating Stations including NTPC Ltd. is determined by the Central Electricity Regulatory Commission (CERC). The electricity generation in the country increased 7.13% to 391,163.27 Million Units during April-July, 2016 from…

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Reliance Infra in ‘advanced talks’ to sell cement business

Reliance Infrastructure, a part of the Anil Dhirubhai Ambani group, is in advanced talks to sell its cement business, the company said. “As part of our ongoing asset monetization program, we are at an advanced stage of discussions with potential buyers for divesting the cement business of the company,” Reliance Infrastructure said. “The proceeds of the divestment will be utilized for the reduction of overall debt of the company,” it added. The company was replying to a clarification sought by the NSE after media reports said that it is about…

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UDF faces anti-incumbency in Kerala local body polls

The Congress Party-led United Democratic Front faced a strong wave of anti-incumbency in the latest polls conducted in Kerala. According to the results of the local body polls, the Left Front has made decisive gains across the state, with the Congress now placed at third place in the Trivandrum Municipal Corporation election behind the LDF and the BJP. At present, LDF has leads in around 390 panchayats, while the UDF has leads in 320 and the NDA in 28. In Municipalities, the LDF leads in 37, followed by the Congress-led…

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Donald Trumph gets trolled on twitter

Donald Trumph the Republican Party candidate for US presidential elections of 2016 is being trolled under the #periodsarenotaninsult after his controversial remark about Megyn Kelly of Fox News over GOP debate. The #periodsarenotaninsult is now a trend circulating on twitter. Pictures of tampoons are being tagged on the Trumph’s twitter handle criticizing his remarks. “You know, you could see there was blood coming out of her eyes, blood coming out of her wherever,” Trump told CNN host Don Lemon on Friday, adding that Kelly was “off base.” Trump has since…

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LIC Housing Finance Q1 revenue up 18%

LIC Housing Finance reported total income of Rs. 2965 crores for Q1 of this year as against Rs. 2544 crores during the same period previous year, a growth of 17%. Revenue from operations grew 18% from Rs. 2483 crores to Rs. 2917 crores. Net interest income was Rs. 659 crores, registering a growth of 30% over the same period last year. During the quarter, the Company disbursed loans of Rs. 6124 crores as against Rs. 5560 crores for Q1FY15. LIC Housing Finance Ltd is one of the largest housing finance…

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IIP June likely to be weak – SBI says

The yearly SBI Composite Index for July 2015 declined sharply to 49.7 from 53.2 for June 2015. The number implies a low decline in manufacturing activity, compared to a ‘moderate growth’ for the same month last year. Looking purely at the monthly index, activity decline to 47.0 (Low Decline) in June 2015 from 46.7 (Low Decline) in July 2015. A reading above 50 implies growth over previous respective period and less than 50 suggests a contraction over respective period. “Going forward, IIP numbers for June may continue to be even…

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Vivian Richards beats Tendulkar as greatest one-day cricketer in survey

Viv Richards, the West Indian great of the ‘70s and the ‘80s has been resoundingly crowned as the greatest ever one-day cricketer by his fellow players, commentators and journalists in a poll published in the March issue of The Cricket Monthly. With 29 of 50 jurors picking him as the best ODI player of all time, Richards won by a landslide. Sachin Tendulkar, the most-prolific one-day batsman of all time, narrowly beat Wasim Akram, the Pakistani all-rounder and the conjurer of their World Cup win in 1992 to second spot….

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