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Telecom competition takes a breather, may recharge Vodafone Idea The telecom operator's financial health is expected to improve with a projected increase in ARPU, revenue growth, and a slowdown in market share loss after the tariff hike. Vi is seeking external debt funding to bolster network expansion and 5G roll...
03 Jul, 2024, 12.19 AM ISTAirtel, Jio, Vodafone Idea push long-term plans at old rates to retain users After announcing telecom pack price hikes of up to 25% effective July 3-4, telcos are urging subscribers to recharge long-term plans at old prices to reduce customer attrition. Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) are promoting 365-da...
02 Jul, 2024, 12.20 PM ISTWindfall tax on petroleum crude hiked to Rs 6,000 per tonne India's progressive tax reforms in the energy sector aim to hold energy companies accountable for extraordinary profits, fostering a more equitable financial landscape. The government's strategic measures, including windfall profit taxes and regulat...
01 Jul, 2024, 11.24 PM IST- ADVERTISEMENT
Tariff hikes to raise ARPU by 15 pc, help expand operating profits for telcos: Report Tariff hikes by top telcos in FY25 are projected to significantly boost the industry's PBILDT, leading to a 15% increase in blended ARPU. This increase will aid telcos in deleveraging, funding technology upgrades, and expanding networks while also i...
01 Jul, 2024, 09.04 PM ISTATF price hiked 1.2% after a 6.5% cut seen in June Jet fuel prices saw a 1.2% hike on Monday, with Aviation Turbine Fuel (ATF) rising to Rs 96,148.38 per kl in Delhi, following a previous 6.5% reduction on June 1. In Mumbai, ATF reached Rs 89,908.30 per kl. Meanwhile, commercial LPG prices for hotel...
01 Jul, 2024, 04.59 PM ISTDA hike latest update: Will central govt employees, pensioners get 18-month DA arrear? PM gets a proposal 7th Pay Commission Dearness Allowance Latest Update: Dearness allowance is a component of salary of the government employees and pensioners. It was introduced to help government employees cope with rising inflation. Will the central government emplo...
01 Jul, 2024, 02.55 PM ISTJGB yields rise as global politics add to pressure from yen Japanese bond yields surged on expectations of tighter Bank of Japan policy amid a weak yen. Global concerns over French and U.S. elections drove yields higher. Mizuho Securities forecasts continued increase in bond yields with uncertainty surroundi...
01 Jul, 2024, 12.06 PM ISTJio, Airtel pricing strategy shows they still target Vi’s 2G users: Analysts Analysts suggest that Vodafone Idea could encounter difficulties in retaining its 2G subscribers, as recent tariff increases indicate that competitors like Reliance Jio and Bharti Airtel remain focused on attracting Vi's low-end customers. Reliance ...
01 Jul, 2024, 11.20 AM ISTStars are aligning! Vodafone Idea share price targets increase after tariff hike Vodafone Idea's target price sees a boost post-tariff hike, reflecting industry trends. Kotak Equities emphasizes low ARPU in India and the need for Jio to seize monetization opportunities.
01 Jul, 2024, 11.11 AM ISTAirtel, Jio announce mobile tariff hike: Here is the full list of new prepaid and postpaid plans and prices Mobile Tariff Hike: Airtel and Jio and have announced significant tariff hikes, marking the first major rate increase by a telco since 2021. Jio’s new rates, effective July 3, increase by 12-25%, while Airtel’s hikes start immediately. These adjustm...
01 Jul, 2024, 11.08 AM ISTJio, Airtel Tariff Hikes: Users can still avoid increased prices. Here's how Reliance Jio and Airtel will raise tariffs from July 3, 2024, to boost Average Revenue per User (ARPU), impacting millions of subscribers. Prepaid users can avoid hikes by recharging before July 3. Adjustments range from 12% to 25% for Jio and 11% t...
01 Jul, 2024, 11.05 AM ISTJio, Airtel, and Vodafone Idea announce massive tariff hikes: Here's how much it will cost you India's top telecom service providers, Reliance Jio, Bharti Airtel, and Vodafone Idea, have announced significant tariff hikes for their customers for prepaid and postpaid plans. The rate increases will take effect from July 3 and 4, 2024. The telec...
29 Jun, 2024, 08.34 PM ISTKarnataka BJP demands Siddaramaiah’s resignation amidst Valmiki scam investigation and soaring prices The Congress government in Karnataka has been accused of playing politics with the chief minister and deputy CM posts, leading to fuel and milk price hikes and scams in government departments. Opposition leader R Ashoka has called for the CM to resi...
28 Jun, 2024, 05.57 PM ISTHow to play the telecom stocks after tariff hikes? Gaurav Malhotra explains This is something which we have been arguing that now that both Jio and Bharti have roughly around 20% of their subscribers on 5G, it is only a matter of time that they will start monetising it, which is what it has started.
28 Jun, 2024, 11.03 AM ISTKenya protests: Police fire rubber bullets, tear gas at protesters after President Ruto urges talks Kenyan police used rubber bullets and tear gas on protesters in Nairobi. This comes despite President William Ruto scrapping tax hikes after deadly clashes. Young Kenyans led the protests, catching authorities off-guard. Dozens rallied in Nairobi. R...
27 Jun, 2024, 05.12 PM ISTPPF, SCSS, Sukanya Samriddhi interest in July-September 2024: Will govt hike interest rates of PPF, small savings schemes for next quarter? PPF, SCSS, Sukanya Samriddhi interest in July-September 2024: The government is likely to announce the interest rates of Public Provident Fund (PPF), Senior Citizen Savings Schemes (SCSS), National Savings Certificate (NSC), Sukanya Samriddhi Yojana...
25 Jun, 2024, 05.10 PM ISTJharkhand cabinet approves salary hike of CM, ministers, MLAs by up to 50 pc Jharkhand government approved up to 50% salary hike for CM, ministers, and legislators. Chief Minister Champai Soren chaired the cabinet meeting where the decision was made, confirmed by Cabinet Secretary Vandana Dadel.
19 Jun, 2024, 09.24 PM ISTBiggest reasons why petrol prices increase in India The price of petrol depends on a number of factors including the price of crude oil, taxes. logistics and supply-demand ratio. Here are the biggest reasons why petrol prices are increased.
17 Jun, 2024, 05.36 PM ISTCM Siddaramaiah challenges BJP to stage demo against Centre over injustice to Karnataka Karnataka Chief Minister Siddaramaiah challenged the BJP to protest against the Centre's treatment of the state, citing fuel price hikes and lack of central funds. He criticized the BJP for failing to address issues like rising petrol prices despite...
17 Jun, 2024, 05.26 PM ISTKarnataka defends fuel price hike amidst growing outrage; BJP to protest statewide While Industries minister MB Patil on Sunday defended the hike, saying the money was necessary for funding the state’s guarantee schemes, citizens took to social media to express their dissatisfaction, with the topic generating over 11,000 posts on ...
17 Jun, 2024, 12.51 PM IST