Vodafone Idea, the promoter of Aditya Bira Idea Payments Bank, said in a notification to the exchanges late on Friday that the board of the bank approved winding up the business, subject to approval from the Reserve Bank of India.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.
The two were being taken to Gaya central jail for interrogation, Magadh Zone Deputy Inspector General Saurabh Kumar said.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Himachal Pradesh, who were bowled out for 130 in their first innings, were 79 for one at stumps on day three needing another 393 runs for an improbable win.
Ujjwal Priyank, Aman Nasim, Subham Raj, Aditya Prakash and Sidhant Mohan would travel to Japan between November 6 and 13.
Bharti Airtel chairman Sunil Mittal on Thursday said he had reached out to Vodafone's Nick Read after bold telecom reforms were announced by the government and will also speak to RIL's Mukesh Ambani, as the telecom czar vowed to take the lead in bringing the industry together to unleash India's telecom dream. Mittal exhorted the industry to collaborate in areas such as infrastructure sharing to reduce costs but vehemently ruled out possibility of any cartelisation among players. Amid reports of its potential tie-ups with handset makers to counter Jio's upcoming ultra low-cost smartphone, Mittal said Airtel is in a state of "readiness" on an affordable smartphone "should a need arise".
To mark World Whiskey Day, a toast to its memorable imagery in Hindi films.
The 66th National Awards have been announced, and Hindi cinema has emerged a major winner.
The Election Commission has reduced maximum number of campaigners for the recognised parties to 30 while for the unrecognised parties it would be not more than 20 in view of coronavirus pandemic, Additional Chief Electoral Officer (ACEO) Sanjay Kumar Singh said on Friday. The maximum number was earlier fixed at 40 for everybody.
Defending champions Mumbai Indians will start as firm favourites against bottom-placed SunRisers Hyderabad in the IPL match in Delhi on Tuesday.
Bollywood stars do their part to raise awareness about coronavirus and the need to stay indoors during the lockdown.
It emerges that Vi has probably offered good data quality despite being short on spectrum and infrastructure due to its stretched finances. Did the two companies that merged face the heat due to price wars? Probably. Did the government's tough stance in demanding its "due" share of telecom revenues hurt the company? Certainly!
'While the march of globalisation is perhaps inevitable, what is certain is that the world is no longer flat as, the emerging pattern of trade is more regional. 'This new trend of 'slowbalisation' raises some questions that challenge conventional wisdom on how businesses should distribute their capacities,' Birla said.
Kunal Kapoor's bland portrayal cannot bring out Babur's fascinating persona or self-deprecating temperament, feels Sukanya Verma.
The question mark over Vodafone Idea's survival is gone after the government's telecom package, managing director and chief executive officer Ravinder Takkar said in an interaction recently. The extended moratorium for spectrum payments and adjusted gross revenue (AGR) dues has indeed ensured that Vodafone Idea survives, at least for the time being, but questions remain. Answers to those questions may determine the future of Vodafone Idea and its power to stay in a difficult telecom market in the coming years.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Summary of results of Vijay Hazare Trophy matches played on Sunday.
Sushmita Sen's combination of blazing authority and maternal anxiety are perfectly cast as a woman thrown in the centre of chaos in Aarya 2, observes Sukanya Verma.
Joginder Tuteja lists the biggest box office successes with stars in uniform.
Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
Rohit Sharma has been included in Ranji Trophy champions Mumbai's 15-member squad for the warm-up game against the visiting New Zealand side at New Delhi from September 16-18.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A round-up of Day 3 of the Ranji Trophy quarterfinal matches played on Tuesday
While UltraTech Cement has been the biggest value creator adding nearly Rs 99,000 crore to its market capitalisation, Grasim Industries has added around Rs 27,000 crore to its market cap.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Shouting slogans, BJP leaders and workers -- including Prem Kumar, who is the leader of opposition in Bihar assembly -- took to the streets, demanding arrest of Rocky.
The hits and misses of the week.
The hits and misses of the week.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Plans are on at Yash Raj Films to revive the franchise and also wake up the 'dead' character that Tiger played in the film.
Measures reportedly being mulled by the government to ease telecom industry's stress and fundraising may give Vodafone Idea the much-needed breather, but structural issue undermining the sector can be fixed only with "sizable" tariff hike for 4G prepaid customers, according to a note by Edelweiss. It further observed that as Voda Idea's large liabilities are falling due, and given the impending launch of JioPhone Next (whose rollout timeline has now been pushed to before Diwali), "the sooner the government measures as well as tariff hikes are rolled out, the better it is". It is pertinent to mention here that the telecom sector has been keenly watching out for the relief package, which could include redefinition of Adjusted Gross Revenue (AGR) to exclude non-telecom items, cut in levies such as Spectrum Usage Charges and easier terms and conditions for surrendering radiowaves to the government.
