Merger-bound Idea Cellular completes VoLTE expansion
Posted on 20th June 2018 |
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| Idea Cellular on Tuesday said it has completed the rollout of VoLTE services in all its 20 4G circles with the country’s third largest telecom operator announcing the launch of VoLTE in five circles — Himachal Pradesh, Odisha, Assam, North East Service Area (NESA) and Jammu & Kashmir. “With the completion of the last phase of VoLTE rollout, Idea is now the only operator to offer pan India integrated 2G, 3G, 4G and VoLTE services. Through our collaboration with 10 leading device brands which cover 75% of the smartphone market, we will cater to our growing base of VoLTE users across the country,” Idea Cellular’s chief marketing officer Sashi Shankar said. Smartphone brands such as Samsung, Xiaomi, Vivo, OnePlus, Nokia, Asus, Kult, Panasonic, Honor and Huawei, which cater to 75% of the mobile market in India, have already released the first Idea VoLTE patch on their popular devices. The future models of these brands will come with Idea VoLTE patch embedded in them, Idea said in a statement. Idea’s 4G/VoLTE service is available pan-India except in Delhi and Kolkata metro cities now. In May, the Aditya Birla Group company had rolled out VoLTE in 15 circles including Maharashtra & Goa, AP & Telangana, Mumbai and Tamil Nadu. Idea is also offering its subscribers 30GB of 4G data free. Subscribers will be offered 10 GB data on making the first VoLTE call and additional 10 GB on providing feedback on the service after four weeks. |
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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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