Mobile Financial News
05.07 / 09:09
Cooper
Aviat
Strategy
Mobile
Harmonic
Agency
DGCA signs pact with EU aviation safety agency on drones
New Delhi: Indian aviation regulator Directorate General of Civil Aviation has signed a memorandum of understanding with the European aviation regulator European Union Aviation Safety Agency (EASA) for cooperation in unmanned aircraft systems and innovative air mobility. This MoU will focus on collaboration on unmanned aircraft and innovative air mobility between the two civil aviation authorities, the regulator said.
05.07 / 09:09
COST
Booking
AXY
Mobile
HDFC Bank’s Q1 is healthy; merger synergies to ease margin pressure
₹16.15 trillion, mostly driven by its retail loan book, which rose by 20% y-o-y. This momentum expected to persist in the coming quarters, too. Investor enthusiasm, however, appears to be on the wane with the bank’s shares sliding by nearly 3% during market hours on Wednesday.
05.07 / 08:37
UPS
Racing
Mobile
Apple
Samsung
Neo 7 Pro is here! Priced at Rs 34,999, iQOO smartphone comes with 120W charging & Snapdragon 8+ Gen 1
smartphone, titled Neo 7 Pro. The phone was launched at an event held on July 4. Featuring a powerful Snapdragon 8+ Gen 1 chipset, lightning-fast 120W charging, and a 50 MP main camera, this smartphone may look familiar as it is an international rebranding of the iQOO Neo7 Racing model. Let's delve into further details of this new offering:
05.07 / 07:47
UPS
Booking
Mobile
HDFC twin merger: HDFC Ltd FD investors to get Rs 5-lakh insurance but old interest rate, premature withdrawal rule to continue
HDFC Bank, the largest private sector bank in the country, and Housing Development Finance Corporation (HDFC Ltd), a mortgage lender, came into effect on July 1, 2023. Following the merger, customers of HDFC Ltd. will be served by the HDFC Bank.
05.07 / 06:45
Mobile
Film producer dupes woman of lakhs of rupees in Kerala, held
cheating a woman of Rs 27 lakh after promising to cast her as the heroine in his upcoming film, has been arrested, police said here on Wednesday.Palarivattom police arrested Shakkir M K, a native of Malappuram, from northern Kozhikode the other day. According to the complaint of the Thrikkakara native woman here, the accused had duped her of huge amount after convincing her that there was some fund shortage for the production of the movie.
05.07 / 05:55
UPS
Provident
Digital
Mobile
Samsung
Samsung launches Digital Service Center: What is means for Samsung users
Samsung consumers can access the Digital Service Center by going to the support menu on https://www.samsung.com/in or directly logging on to www.samsungdigitalservicecenter.com As announced by the company, the digital service center will provide personalized support based on the needs of consumers. This includes a simplified user navigation journey, quick access to category-wise self-help content, category-specific DIY videos, mobile app experience, and model-specific repair and spare part prices at one page.
05.07 / 05:03
Provident
Target
Digital
Man
Google
Mobile
WiFi
India’s public WiFi coverage falls way short of target
WiFi was pitched by the government as a key driver of broadband coverage, the results aren’t very flattering.India has missed its public WiFi hotspots rollout target by a mile. The count is a paltry 0.5 million, a far cry from the 10-million target by the end of 2022 outlined in the National Digital Communications Policy-2018.
04.07 / 17:47
UPS
Provident
Target
Manufacturing
Strategy
Mobile
Alstom India set to onboard 700 engineers under its flagship YEG Program
New Delhi: Alstom on Tuesday launched its flagship Young Engineering Graduate Program (YEGP) 2023 with a target to onboard 700 young graduate engineers in India over the next two months. This is the highest-ever intake under this initiative in the country.
04.07 / 16:05
COST
Target
Digital
Booking
Mobile
Drag
Bajaj Fin Q1 loan growth is solid but cost of funds may be a drag
₹7,920 apiece on the National Stock Exchange. This excitement comes on the back of the company’s June quarter (Q1FY24) provisional data which was robust on key parameters. The company reported solid assets under management (AUM) growth of 32% year-on-year (y-o-y) to ₹2.7 trillion—a multi-quarter high.
04.07 / 15:39
COST
Mobile
Remark
Magenta Mobility launches EV charger to charge 12 vehicles simultaneously
Magenta Mobility on Tuesday announced the launch of an in-house designed EV charger, which can charge 12 vehicles simultaneously, amid growing demand for such facilities and fast-paced electrification in the automobile industry. The EV charger with 12 charging outputs of 3.3 kW each will help in reducing per-point charging costs for fleet operators and residential societies, the company said in a statement.
04.07 / 15:01
Citi
Action
Mobile
analysts
Analysts see market share gain for Jio post Bharat phone launch; lower probability of tariff hike in near-term
Jio Bharat phones at an «attractive pricing» will enable Jio to gain market share at the lower end segment and signals a reduced probability of tariff hike in the near term, brokerages tracking the sector said. Jio on Monday launched internet-enabled Jio Bharat phones at Rs 999, packing in a cheaper monthly plan of Rs 123 for unlimited voice calls and 14 GB data. The new offering aims to accelerate the '2G Mukt Bharat' vision, as India still has 250 million mobile subscribers trapped in the 2G era with feature phones.
04.07 / 14:23
UPS
Citi
Target
Action
Mobile
Vodafone
JioBharat can get 100 mn subs to Jio, delay tariff hikes for Airtel, Vi
New Delhi: Reliance Jio's new internet enabled 4G featurephone at ₹999 could disrupt the 2G market and help Jio gain market share by revenue as well as gain about 100 million subscribers, said brokerage houses. With the JioBharat phone, the No 1 carrier is once again aiming at the bottom of the pyramid which is bound to bring to halt any incremental tariff increases by Bharti Airtel and Vodafone Idea or any tariff corrections, which will be a negative impact on the No 2 and No 3 carriers. Jio announced the JioBharat 4G V2 phone on Monday, which will be priced at Rs999 -- about 20-30% discount compared to existing average prices of featurephones -- will be available for sale from 7 July. The device that will work only on Jio's network and comes with entertainment apps from the Jio stable such as Jio Cinema and Jio Saavn pre-installed. Jio has also come out with new tariffs for this device at Rs 123 for 28 days and ₹1,234 annually.
04.07 / 12:45
Google
Mobile
Align
Samsung
Leak
Google Pixel 8 Pro live images leak online: Details inside
Google Pixel 8 Pro. The front image shows the fastboot screen with the codename ‘husky’ listed along with 12GB Samsung LPDDR5 RAM and 128GB storage. The display also mentions ‘ripcurrent’ in the bootloader. On the flip side, one can see loads of stickers pointing out that this is a test device “FOR TEST/EVALUATION ONLY" and that it has not been authorized by the FCC to be sold or leased.
04.07 / 11:49
BLOCK
Manufacturing
Mobile
Micron
China restricts exports of high-tech metals in a slap at Washington ahead of Yellen's visit
China has imposed export curbs on two metals used in computer chips and solar cells, expanding a squabble with Washington over high-tech trade ahead of Treasury Secretary Janet Yellen’s visit to Beijing this week
04.07 / 11:49
04.07 / 09:45
UPS
Provident
CEO
Mobile
Should you have more than one bank account?
For most people, it is essential to have a bank account today because it comes with so many benefits and facilities. However, how many bank accounts should you have? Is one bank account enough or should you have more than one? While there is no fixed rule, the number of bank accounts a person should have depends on various factors, including one’s financial goals, convenience, and personal preferences.
04.07 / 06:35
COST
Provident
Manufacturing
Platform
Mobile
Bharat 6G Alliance launched to collaborate next-gen wireless technology
Bharat 6G Alliance to drive innovation and collaboration in next-generation wireless technology. Bharat 6G Alliance (B6GA) is a collaborative platform consisting of public and private companies, academia, research institutions, and standards development organizations. Mobile services have seen the transformation from 2G to 3G to 4G to 5G and now 6G is on the horizon.
04.07 / 05:11
Blockchain
Provident
Digital
Man
Action
Mobile
Bitcoin
IT engineer fakes kidnapping to extort money from family in Lucknow after he loses big on cryptocurrency investment
Naman Kumar has been accused of orchestrating his own kidnapping in a desperate attempt to extort money from his family. The reason for his drastic actions was the substantial monetary loss he had incurred as a result of cryptocurrency investments.
04.07 / 03:41
FIVE
Mobile
Apple
Boeing
Samsung
Samsung sues Chinese rival BOE Technology over alleged patent violation on iPhone displays
Samsung Display has filed a lawsuit against BOE Technology, accusing the Chinese rival of infringing five of its patents for displays used in mobile devices including Apple's iPhone 12. Samsung Display, a unit of Samsung Electronics, asked a federal jury in Texas to award damages for the infringement of patents regarding organic light emitting diode (OLED) displays supplied by BOE. Samsung also seeks an injunction from the court to halt the import and sale of the affected displays.
04.07 / 01:49
Provident
Man
Mobile
Software
Chennai man caught in ₹176 crore tax fraud while trying to flee country: Report
airport who was allegedly involved in fake input tax credit racket case which caused the government a loss of about ₹176 crore. The Chennai unit of GST intelligence busted the racket which involved 59 companies passing on Input Tax Credit worth ₹175.88 crore for a taxable value of ₹973.64 crore, a report by India Today has stated. Earlier on 22 June, his accomplice was arrested from Perambur.
04.07 / 01:39
COST
UPS
Provident
CEO
Mobile
Stocks in news: IndusInd Bank, Avenue Supermarts, RIL, Bajaj Finance, Vedanta, IDFC First Bank
IDFC First BankThe board of IDFC First Bank has approved the merger of IDFC Ltd and IDFC Financial Holding Company with itself through a scheme of amalgamation.Tube InvestmentsTube Investments arm TI Clean Mobility has entered into an agreement with Anand Jayachandran for pursuing electric small commercial vehicle business through a subsidiary to be incorporated by TI Clean Mobility.Oil IndiaThe Board of the company has approved the revision of project capital cost front Rs 6,555 crore to Rs 7,231 crore for implementation of petrochemical project of Numaligarh Refinery Ltd.Read more: What changed the market while you were sleepingIndusInd BankIndusInd Bank's promoter IndusInd International Board is planning to raise $1.5 billion in capital to increase the stake in the lender and other strategic objectives.Reliance IndustriesReliance Jio has launched Jio Bharat Phone, which will enable existing 250 million feature phone users with internet enabled phones. The beta trial for the first 1 million Jio Bharat phones begins from July 7.Bajaj FinanceThe company's assets under management (AUM) rose 32% to Rs 2.7 lakh crore as of June 2023 in Q1.
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