Vodafone Idea's mobile consumer base declined by around 3.63 crore to 33.63 crore in November, according to a source. The telecom operator had reported an increase of 1.89 lakh mobile customers on its network in October.
Ganguly had said India will lock horns with England, Australia and one other top cricketing side in an annual ODI series starting 2021.
AIMIM Chief Asaduddin Owaisi has attacked Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat over his Hindu Rashtra comment. Asaduddin Owaisi said Hindu Rashtra is a flight of fancy for the RSS and the idea is based on hindu supremacy.
On Tuesday, the English and Wales Cricket Board confirmed that there have been discussions with the BCCI regarding the proposed four-nation tournament.
Best Christmas Gifting Ideas of 2019: From OnePlus 7T to Realme Buds Air, great gifting options for your loved ones.
According to the data shared, highest financial disincentive of Rs 1.76 crore has been imposed on Vodafone Idea, which includes Rs 1.11 crore on account of call drop in Vodafone network and Rs 65 lakh on Idea, while minimum penalty of Rs 6.5 lakh was levied on Reliance Jio.
Vodafone Idea may raise over USD 2.5 billion from asset sales ahead of a January deadline to pay statutory dues. The company is said to be in talks to sell its optic fibre business to Brookfield Asset Management Inc and its datacentre to the Edelweiss Group.
Airtel and Vodafone Idea have brought back unlimited voice calling to other networks.
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Vodafone-Idea may shut down soon. It is not a speculation. Vodafone Idea Limited Chairman Kumar Mangalam Birla has himself admitted to the plunging fortunes of the company. Birla on Friday said Vodafone Idea Ltd would shut down if the government does not provide relief on the liability it faces in past statutory dues following a Supreme Court order.
Vodafone Idea's shares fell over 5 percent on Friday, spooked by its Chairman Kumar Mangalam Birla's statement that the telecom operator "will have to shut shop" if the government does not provide any relief.
Vodafone Idea shares crashed about 9 per cent on Friday, spooked by company's chairman Kumar Mangalam Birla statement that the teleco "will have to shut shop" in the absence of government relief. Its stock was trading 8.89 per cent lower at Rs 6.66 apiece on the BSE.
While Vodafone Idea shares dived 9.50 per cent to end at Rs 7.05 apiece on the BSE. Intra-day, the stock plummeted 13.73 per cent to hit a low of Rs 6.72.
The era of low tariffs for Indian consumers seems to have ended as major telcos — Vodafone Idea Limited, Bharti Airtel Limited and Reliance Jio have hiked tariff by up to 40% for prepaid customers.
The telecom operators like Reliance Jio, Vodafone-Idea, Airtel and BSNL are all set to hike mobile call, internet charges for over 60 crore mobile subscribers in India. The mobile tariffs are likely to go up from December 1, while Vodafone is to hike charges from December 3, 2019 for monthly prepaid and postpaid customers. Recently, the telecom companies made the announcement that has left thousands of subscribers jittery.
Shares of Vodafone Idea were trading at Rs 8.38, up 22.69 per cent, on the BSE. The stock rose 22.63 per cent to Rs 8.40 on the NSE.
Telecom operator Vodafone Idea on Sunday announced a hike in mobile calls and data charges from December 3. The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity. A rough calculation showed that the new plans are costlier up to 42% compared to earlier plans.
The consultation paper from Trai has been issued when telecom operators have announced their plan to raise tariffs. The regulator has floated a proposal to ask telecom operators to retain details of old plans, while they publish information around new plans.
Life insurance distributors are pushing their policyholders to buy more policies before November 30, 2019, as the Insurance Regulatory and Development Authority of India (Irdai) life insurance product guidelines will come into force from December 1 onwards. This means insurers will withdraw non-compliant products before that.
The Committee of Secretaries was last month constituted to examine "all aspects" of "financial stress" faced by service providers such as Bharti Airtel and Vodafone-Idea Ltd and suggest measures to mitigate them.
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