Idea launches Rs 499 prepaid recharge plan to counter Jio Rs 498 plan Posted on 24th May 2018 |
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| Idea has introduced a new prepaid recharge pack worth Rs 499 for its customers to up the game against the incumbents such as Jio, Airtel, Vodafone, and BSNL. The new Idea Rs 499 prepaid recharge offers the customers calling and data benefits for a validity of 82 days. The company has made this recharge pack available under the Unlimited Recharge line of tariffs across many circles. The Idea Rs 499 prepaid recharge pack gives the customers a total of 164GB 2G/3G/4G data, depending on the circle. The 164GB will be given to the customers in tranches of 2GB data per day. Post consumption, the customers will be charged at 4 paise per 10KB. Idea has also provided 100 SMSes per day to the customers under this plan. Moreover, the Rs 499 prepaid recharge by Idea provides users with unlimited calls to local and STD numbers. There are also free roaming outgoing calls bundled with the pack. However, Idea has capped the calls to 1,000 per week, so if a user exceeds this threshold, a charge of 1 paisa per second will be levied on the calls. Also, there is a restriction of the calls to be made to 100 unique mobile numbers in seven consecutive days, exhausting which will cost the user 1 paisa per second for the remaining validity of the pack. Idea’s Rs 499 prepaid recharge comes close on the heels of the Airtel Rs 499 and Jio Rs 498 recharge packs. While the Airtel Rs 499 prepaid recharge offers the customers 2GB 3G/4G data per day for a validity of 82 days, totalling net data amount to 164GB, Jio offers the same amount of data – 2GB per day – for a validity of 91 days. This results in a total of 182GB data to the customers. Both the Airtel Rs 499 and Jio Rs 498 prepaid recharges come bundled with unlimited local, STD, and roaming outgoing calls, in addition to a daily limit of 100 SMSes for the given validity. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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