Mobile Financial News

Reliance Jio and Bharti Airtel, is now reaching new frontiers. In what seems to be a step ahead of Jio, Bharti-backed low earth orbit (LEO) satellite firm OneWeb India has been granted the necessary regulatory approvals from the Indian National Space Promotion and Authorization Centre (IN-SPACe) to launch Eutelsat OneWeb's commercial satellite broadband services in India. Eutelsat OneWeb is a subsidiary of Eutelsat Group, global leader in satellite communications (satcom) delivering connectivity and broadcast worldwide.

Bharti Airtel, both of which control 78% of India’s mobile market, according to global brokerage firm CLSA. «BUY-rated Reliance Industries holds 67% of RJio and valuation is 60% higher than the 33% stake from the 2020 sale that raised US$20bn. We also expect RJio’s planned IPO to serve as a further catalyst for BUY-rated Bharti stock,» CLSA analyst Deepti Chaturvedi said. The analyst expects Jio's leadership and Bharti's execution to lead the sector to $38 billion annual revenue by FY26.

data breach at the Tata-owned Taj Hotels group earlier this month, ET has learnt. A threat actor, who goes by the name "Dnacookies", has demanded $5,000 for the full dataset, which includes addresses, membership IDs, mobile numbers and other personal identifiable information (PII), according to people aware of the matter.

Servotech Power Systems saw its shares jump 5% to ₹79.10 apiece in Thursday's early trade. This positive uptick in shares came after the company received an order for EV chargers.

TVS Motor Company Ltd share price saw gains of 2.63% to 52 week highs of 1784 on the BSE in the morning trades on Thursday, on news flow around its entry into Vietnam. TVS Motor on Thursday announced its entry into Vietnam in collaboration with Minh Long Motors – its distribution partner. TVS Motor Company said that it will offer a range of scooters and underbone motorcycles, across multiple price points, in keeping with its commitment to responsible and sustainable mobility.

Stock at upper circuit: NSE listed stock Servotech Power Systems Ltd has been in uptrend after ushering in 2023. In year-to-date (YTD) time, Servotech Power Systems share price has ascended to the tune of 380 per cent. But, it seems that the EV charger stock still has some steam left in it.

Nifty closed above 19,800 for the first time since October 17, while the Sensex closed above 66,000. The Nifty is now up nearly 1,000 points from its October 26 low of 18,837.When Asian market opened on Thursday, there was cautious activity following a slight rise in US stocks and a decline in Treasuries, triggered by data indicating a sustained expectation of inflation among US consumers.

New Delhi (India), November 22: Mobile applications are considered to be the best evaluation that has brought significant change to global businesses. Whether it could be for a retail store looking for ways to connect with its target audience or an enterprise making sure its team stays connected and well-informed; mobile applications can do it all.

Big banks are beating their competitors when it comes to customer satisfaction with wealth management and planning apps, according to a report Tuesday from J.D. Power.

Sam Altman, OpenAI’s ChatGPT has extended the availability of its new voice feature to all free users. What is the ChatGPT voice feature?

LandRocker is an innovative Play-to-Earn (P2E) game set in a vividly crafted 3D intergalactic universe. It blends the thrill of space exploration with strategic blockchain-based gameplay.

Bharti Airtel has started the process of taking its wholly-owned subsidiary Bharti Hexacom public, a media report stated. The move is aimed at facilitating an exit to Telecommunication Consultants of India Limited (TCIL), which has a 30% stake in the company and is a Government of India enterprise, the report said. The report further said Bharti Hexacom's valuation is likely to be pegged at Rs 20,000 crore and the listing process will likely be completed by early 2024. Bharti Airtel's holding in Bharti Hexacom stands at 70%.

AI are being raised today. In this context, a report by EY and iMocha explains how skills are being prioritised across companies. The report, Skills First Transformation (SFT): A New Approach to Unlocking Potential, did a detailed survey of HR leaders across India, the US, EMEA and APAC covering companies (560 responses) in ITeS, tech, BSFI and telecom. About 40% of the companies had between 1,000 and 10,000 employees; 38% had more than 10,000 employees; and 22% had less than 1,000 employees. There was also a separate employee survey across the same sectors and geographies (343 responses), in order to assess the employee viewpoint around these questions.

international workforce would be an Indian. The MEA secretary addressed the third edition of the Spain-India Forum in New Delhi on Wednesday. Underscoring the migration mobility agreement, he said, «Within a decade or so, every third or every second youth out of ten in the international workforce would be an Indian. So here what I'm directly referring to is the migration mobility agreement, which we are struggling for the Spanish government to consider.» India has signed the migration mobility agreement with Portugal, the UK, Germany, Italy and Austria. Furthermore, Verma said, «Austria is supposed to be one of the most difficult countries to deal with on migration issues. So if we can do it with several other countries, I think it's Spain.

Life Certificate to approved Pension Disbursing Agencies, such as the Bank, in November. The government has permitted the seniors in the age category of 80 years and above to file Annual Life Certificate from 1st October, instead of 1st November, every year, in order to give an extra special window to very senior pensioners. Jeevan Pramaan Patra: 6 simple steps to submit Digital Life Certificate using face authentication Defence pensioners must perform annual identification which can be done using Aadhaar, or providing life certificates issued by designated authorities to have the entitled pension credited to their bank account. The majority of post-2016 pensioners have now been moved to SPARSH, and over 39,000 pensioners were unable to submit their life certificate by the extended deadline of March 22, 31. “System for Pension Administration (RAKSHA) (SPARSH) is being implemented for meeting the pension sanction and disbursement requirements for Armed Forces viz. Army, Navy, Air Force and Defence Civilians,” according to the SPARSH website. According to the SPARSH FAQs, “For identification using Aadhar (Digital Life Certificate): Go To: Services > Identification > Digital Life Certificate. For identification using Manual Life Certificate: Go To: Services > Identification > Manual Life Certificate.” Also Read: Productivity-linked bonus announced for employees of Indian Army: Eligibility, bonus calculation and more The procedure for submission of life certificate is as under :- Jeevan Pramaan Portal (JPP).

Chinese police say there has been an increase in CBDC-themed money laundering schemes as the digital yuan rollout continues.

Ripple, a frontrunner in blockchain and cryptocurrency solutions, has joined forces with Onafriq, a leading payments fintech, to revolutionize digital asset-enabled cross-border payments connecting Africa with the Gulf Cooperation Council (GCC), the UK, and Australia.

India and Australia have affirmed their commitment to strengthening both economic and security ties, stressing on a joint dedication to a “free, open, inclusive, and rules-based” Indo-Pacific region. At the end of the India-Australia Foreign Ministers’ Framework Dialogue, External Affairs Minister S Jaishankar highlighted preparations for a forthcoming meeting of the Quad grouping, consisting of Australia, India, Japan, and the US. Both sides during discussions underscored the importance of advancing the Comprehensive Economic Cooperation Agreement (CECA) negotiations. The ministers also explored pathways for increased mobility among students and professionals, reflecting a shared commitment to fostering trusted and resilient supply chains in the Indo-Pacific.

mission to rescue 41 trapped workers in the collapsed tunnel on 10th day, Additional Secretary Technical, Road and Transport Mahmood Ahmed Tuesday said the time from tonight is the 'most crucial' and if everything goes right, some 'good news' will come up in the next 40 hours, ANI reported. Ahmed said the rescue teams are now pushing 800 mm-diameter pipes with the telescoping method instead of 900 mm used earlier. Ahmed said the rescue teams are now pushing 800 mm-diameter pipes with the telescoping method instead of 900 mm used earlier.

BENGALURU : Toyota Kirloskar Motor on Tuesday announced plans to invest ₹3,300 crore to set up its third plant at Bidadi in Karnataka. The new unit, which will commence production by 2026, will have an annual capacity of 1 lakh units in two shifts. It will come up at the company's existing facility at Bidadi, near Bengaluru where it currently has two units with a combined installed production capacity of up to 3.42 lakh units annually.

Bhupendra Patel has approved the Full Dealer Owned Dealer Operated-(FDODO) CNG scheme which will be implemented by Gujarat Gas Limited and Sabarmati Gas Limited. THe decision has come in the wake of government’s approach of developing CNG stations through PPP model to promote green-clean environment and green mobility in the state. The state government maintains that the selection for this scheme will be completely based on a transparent selection process. Gujarat for the records has developed gas grid network spread throughout the state and many districts are connected to this gas network, and has as many as 1002 CNG station. With this s Full Dealer Owned scheme based on PPP model approved, the coverage of CNG stations in the state and easy availability of CNG fuel easily available to CNG vehicle owners will increase rapidly. While the dealer will be fully responsible for taking the permission regarding the land and getting the documents for setting up the CNG station under this scheme, he station setup, mechanical or electrical work of construction will also have to be done by the dealer in the CNG station, according to the specifications of Gujarat Gas Limited and Sabarmati Gas Limited. Moreover, it will also be the dealer's responsibility to purchase and install the necessary compressors, cascades, CNG dispensers, tubings, etc.