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Forget Reliance Jio, this Happy Offer from BSNL will really leave you spoilt for choice
Posted on 13th January 2018
Bharat Sanchar Nigam Limited (BSNL), the state-run telecom operator has decided to extend validity of its select mobile data plans by 43 per cent, and increased data offers by 50 per cent. “Bharat Sanchar Nigam Limited (BSNL) has introduced BSNL ‘Happy Offer’ for prepaid mobile customers – 43 per cent extra validity and 50 per cent additional data with unlimited local, STD and roaming calls for prepaid mobile customers,” the company said in a statement. The ‘Happy Offer’ scheme will have a prepaid plan priced at Rs 485 under which 1.5GB data will be offered daily for 90 days. BSNL has also come up with a Rs 666 plan which will offer 1.5GB data for 129 days with unlimited local calling, STD and roaming calls. Customer subscribing to Rs 186 plan and Rs 187 special tariff plan will be provided 1GB data per day for 28 days. Also, BSNL’s Rs 349 and Rs 429 plan will provide customers with 1GB data per day for 54 days and 81 days respectively. BSNL has also decided to offer 100 SMSes per day in all the mentioned offers.

BSNL’s aggressive offers might be due to Reliance Jio’s bumper price cuts implemented from January 9. Reliance Jio slashed Rs 50 on all its tariff plans and is offering as low as Rs 4 per GB. Jio is currently offering 1.5GB data with plans starting from Rs 198 for 28 days and is also offering 20 per cent data with its flagship Rs 399 plan along with increased two weeks validity, and also increased the validity from 70 days to 84 days. According to Jio, the plans offered from January 9 also include Rs 149 pack in which 1GB 4G data is offered for 28 days with free local and national calls.

Related Companies: Bharat Sanchar Nigam Limited (BSNL)   

Other Latest News
Amazon India reportedly closing in on Flipkart
Posted on 22nd March 2018
BENGALURU: Amazon has almost closed the gap with Flipkart's standalone sales in 2017, behind in GMV marketshare by less than 1percentage point in 2017 from 5 percentage points in 2016, as per Forrester. However, Flipkart still leads as a group with Myntra and Jabong.

While Flipkart leads in fashion and smartphones, Amazon has taken lead in categories such as appliances, consumer electronics, and more importantly, groceries, which builds platform stickiness, said Satish Meena, a senior forecast analyst at Forrester.

Air India may give promotions to 100 pilots with pay hike of up to Rs 12 lakh: Report
Posted on 22nd March 2018
Amidst the privatisation talks, it has been reported that the national carrier Air India might gove promotion to its 100 pilots with a pay hike of Rs 12 lakh per head.

"The 100 deputy general manager rank pilots are narrow-body and widebody pilots. These pilots are likely to be promoted to executive despite the fact that the airline is being privatised," a source told the Economic Times.

Opening bell: Sensex opens stronger after fed rates hike
Posted on 22nd March 2018
Key indices on Thursday gained strength after the federal reserve hiked rates as widely expected.

The 30-share BSE Sensex was up 138.34 points at 33,274.52 and the 50-share NSE Nifty rose 49.40 points to 10,204.70.

Sebi may impose trading curbs on cos undergoing insolvency proceedings
Posted on 22nd March 2018
The Securities and Exchange Board of India (Sebi) may impose trading restrictions on shares of companies that are undergoing insolvency proceedings. The move, which is also a demand by industry players, is aimed at reducing volatility in stock prices and curbing manipulation or misuse of price-sensitive information.

Sources said the market regulator would lay down a compliance framework for listed companies undergoing insolvency resolution. The announcement will likely be made at Sebi’s board meeting next week.

Essar Steel set for rebid as lenders reject Arcelor, Numetal offers
Posted on 22nd March 2018
The State Bank of India-led consortium of lenders called for a second round of bidding for Essar Steel on Wednesday. All the six companies that had submitted expressions of interest (EoIs) earlier have to submit their bids by April 2.

Lenders rejected bids by Numetal and ArcelorMittal after both companies failed the legal eligibility test. The legal advisors cited one of the clauses of Section 29A of the Insolvency and Bankruptcy Code (IBC) for rejecting the bids.

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