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Telecom shares in focus; Bharti Airtel, Vodafone Idea gain up to 10%

Telecom shares in focus; Bharti Airtel, Vodafone Idea gain up to 10%

Shares of telecom services provider such as Bharti Airtel and Vodafone Idea have rallied by up to 6% on BSE in an otherwise subdued market after Telecom Disputes Settlement and Appellate Tribunal (TDSAT) quashes Trai's predatory pricing rule. Bharti Airtel has rallied 10% to Rs 333, while Vodafone Idea climbed 8% to Rs 37.60 on BSE in the intra-day trade.

Axis Bank launches QuikPay Home Loan; a Monthly Instalments Plan

Axis Bank launches QuikPay Home Loan; a Monthly Instalments Plan

Axis Bank, the country’s third largest private bank, today launched ‘QuikPay Home Loan’, a home loan offering that will let home buyers save the interest amount component of the loan. QuikPay Home Loan will offer an alternative repayment structure, wherein the customer repays an equal amount of principal every month along with interest on the outstanding balance.

Paytm Money enables ‘UPI Payment’ facility for Mutual Fund Investments

Paytm Money enables ‘UPI Payment’ facility for Mutual Fund Investments

Paytm Money - India's largest online only platform for Mutual Fund investments & the wholly owned subsidiary of One97 Communications Limited which owns the brand Paytm, today announced that its investors can now make mutual fund investments using UPI based payment mode on the app.

Irdai delinks personal accident cover from 3rd party motor insurance

Irdai delinks personal accident cover from 3rd party motor insurance

New Delhi: It will no longer be mandatory for owner-drivers of vehicles to buy a personal accident cover bundled with the motor cover as stipulated earlier by the insurance regulator. Irdai has relaxed the norms and from January 1, 2019, a standalone personal accident cover will do.

Sensex rises over 200 points, Nifty reclaims 10,800 mark

Sensex rises over 200 points, Nifty reclaims 10,800 mark

Mumbai: The equity benchmark BSE Sensex on Thursday rose over 200 points in early trade, a day after Shaktikanta Das took charge as the new RBI chief and promised to take all stakeholders along on key policy issues to maintain growth while keeping inflation under check.

Recovery in rupee and positive cues from other Asian markets too influenced investor sentiment here. Rising for the third straight session, the 30-share index was trading higher by 263.70 points, or 0.74 per cent, at 36,042.77.

Mahindra, SmartE to deploy 1,000 electric three-wheelers in Delhi NCR

Mahindra, SmartE to deploy 1,000 electric three-wheelers in Delhi NCR

New Delhi: Mahindra and Mahindra Ltd’s electric mobility arm, Mahindra Electric Mobility Ltd, on Wednesday signed a memorandum of understanding (MoU) with Goldie Srivastava-led SmartE, one of India’s largest electric vehicle fleet operators. According to the MoU, SmartE will deploy the first 1,000 Mahindra Treo and Treo Yaari electric three-wheelers in Delhi NCR by March 2019, Mahindra said in a statement.

Facebook now lets your revisit your ‘Life Events’ in a new way

Facebook now lets your revisit your ‘Life Events’ in a new way

Facebook is redesigning its “Life Events” feature with useful updates that can help users spruce up the posts marking the important moments that they want to remember and share.

Facebook introduced the “Life Events” feature as a way to help users share and celebrate the most important milestones with friends and family.

Hip replacement: Johnson & Johnson willing to pay $400 million-plus

Hip replacement: Johnson & Johnson willing to pay $400 million-plus

Johnson & Johnson is willing to pay more than $400 million to settle some of the thousands of consumers’ allegations that the company sold defective artificial hips and hid the health risks of the devices, people familiar with the negotiations said.

The world’s largest health-care products maker has settled, or is in the process of settling, about 3,300 of 10,000 lawsuits targeting its Pinnacle line of hip-replacement devices, a judge said in a Dec. 9 court filing.

Come Jan 1, you'll have to pay up to Rs 40,000 more for Tata Motors' cars

Come Jan 1, you'll have to pay up to Rs 40,000 more for Tata Motors' cars

Tata Motors Thursday said it will hike prices of its passenger vehicles across models by up to Rs 40,000 from January 1, 2019, to offset the impact of rising input costs and increase in fuel prices.

The company's passenger vehicles portfolio ranges from entry-level small car Nano to the premium SUV Hexa, which are currently priced between Rs 236,000 and Rs 1.797 million (ex-showroom Delhi).

Anil Ambani-led RCom moves Supreme Court against DoT

Anil Ambani-led RCom moves Supreme Court against DoT

Reliance Communications and its subsidiary Reliance Telecom on Thursday moved the Supreme Court, asking it to initiate appropriate contempt proceedings against the department of telecommunications (DoT) for “wilfully and deliberately disobeying” its November 30 order that directed DoT to grant no objection certificate (NoC) to the firms by December 7 to trade its spectrum with Reliance Jio Infocomm.

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