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Vodafone Idea soars 8% on Rs 30k-cr deal with Nokia, Ericsson, Samsung

Vodafone Idea soars 8% on Rs 30k-cr deal with Nokia, Ericsson, Samsung

Vodafone Idea share price gained 8.3 per cent intraday, registering the day's high of Rs 11.35 per share, on the BSE on Monday. The buying interest in the telecom company stock came after it finalised a deal worth Rs 30,000 crore with Nokia, Ericsson, and Samsung.

At around 9:18 AM, shares of Vodafone Idea were up 6.3 per cent at Rs 11.14 per share on the BSE. By comparison, the BSE Sensex traded 247.37 points higher at 84,791.68 around the same time.

Air Marshal Amar Preet Singh appointed as next chief of Indian Air Force

Air Marshal Amar Preet Singh appointed as next chief of Indian Air Force

Air Marshal Amar Preet Singh, who has more than 5,000 hours of flying experience, will be the next chief of the Indian Air Force, succeeding Air Chief Marshal Vivek Ram Chaudhari.

Singh, currently serving as the Vice Chief of Air Staff, will take charge of the force on the afternoon of September 30, the defence ministry said.

'One nation, one election' cost-effective, governance-friendly: Goa CM

'One nation, one election' cost-effective, governance-friendly: Goa CM

Goa Chief Minister Pramod Sawant has termed as "historic" the Union cabinet's approval of the 'one nation, one election' proposal, and claimed that the move will be cost-effective and governance-friendly. The Union cabinet on Wednesday accepted the recommendations of a high-level committee headed by former president Ram Nath Kovind for holding simultaneous polls for the Lok Sabha, state assemblies and local bodies in a phased manner after a countrywide consensus-building exercise.

OYO to acquire iconic Motel 6 brand in $525 million all-cash deal

OYO to acquire iconic Motel 6 brand in $525 million all-cash deal

IPO-bound travel tech platform OYO on Saturday announced it has agreed to acquire iconic American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for $525 million in an all-cash transaction, as the Indian unicorn eyes expansion in the US.

Oravel Stays, the parent company of OYO stated that it has agreed to acquire G6 Hospitality, the leading economy lodging franchisor and parent company of Motel 6 and the chain's offshoot hotel brand, Studio 6.

Air India hired 9,000 employees in two years to meet needs: Airline chief

Air India hired 9,000 employees in two years to meet needs: Airline chief

Air India has hired 9,000 employees, including 5,000 crew members, in the last two years to meet the workforce requirement for its expanding fleet and network, the airline's chief Campbell Wilson said on Friday.

In a message to staff, he said the airline's domestic market share rose from 24 per cent in FY23 to 27 per cent in FY24 and the international market share climbed from 21 per cent to 24 per cent during the same period, on the back of network expansion and service improvements.

Polling begins in Sri Lanka, island nation to elect next president

Polling begins in Sri Lanka, island nation to elect next president

Polls opened on Saturday in Sri Lanka's crucial presidential election -- the island nation's first major electoral exercise since its worst economic meltdown in 2022.

Some 17 million people are eligible to vote at over 13,400 polling stations.

Tirupati Laddoo Row: Rahul Gandhi big statement on alleged use of ‘animal fat’, says 'this issue will...'

Tirupati Laddoo Row: Rahul Gandhi big statement on alleged use of ‘animal fat’, says 'this issue will...'

Congress leader Rahul Gandhi on Friday raised concerns over reports of adulteration in the renowned Tirupati laddu, a sacred offering given at the Sri Venkateshwara temple in Andhra Pradesh. In a social media post, Gandhi called for a thorough investigation into the matter, emphasizing the importance of preserving the sanctity of religious places.

Kolkata rape-murder case: Junior doctors to end protest, resume emergency services from...

Kolkata rape-murder case: Junior doctors to end protest, resume emergency services from...

West Bengal Junior Doctors front has decided to call off their strike on Friday. They will partially rejoin their duties at emergency and essential services in state-run hospitals from Saturday. But OPD services will remain suspended. "We will withdraw our sit-in outside Swasthya Bhawan on Friday," agitating doctors said.

Land for Jobs Case: CBI gets ministry's nod to prosecute Lalu Prasad Yadav

Land for Jobs Case: CBI gets ministry's nod to prosecute Lalu Prasad Yadav

The Ministry of Home Affairs on Friday granted the Central Bureau of Investigation (CBI) sanction to prosecute Rashtriya Janata Dal (RJD) leader and former Railway Minister Lalu Prasad Yadav in the land-for-job case.

The case involves alleged irregularities during Lalu Prasad’s tenure as Union Railway Minister from 2004 to 2009, during which jobs were reportedly offered in exchange for land parcels transferred or gifted to Lalu Prasad’s family or associates.

Indostar hits 52 week high as board approves sale of arm for Rs 1,750 cr

Indostar hits 52 week high as board approves sale of arm for Rs 1,750 cr

Indostar Capital Finance shares surged as much as 13 per cent on the BSE, clocking a 52-week high of Rs 339.7 per share on Friday. The rally in the stock came after the company's board approved the sale of its subsidiary, IndoStar Home Finance Private Limited (IHFPL) to WITKOPEEND B.V for an amount of Rs 1,750 crore.

However, the stock soon pared gains and at around 9:49 AM was up 4.08 per cent at Rs 313.65 per share on the BSE. In comparison, the BSE Sensex traded at 83,322.08, around 137 points higher around the same time.

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