HOME > FIRST ON ULTRA

JIO Wallet Offers: Paytm, Amazon, PhonePe give cashback on 399 recharge

Wallet players like Paytm, Mobikwik, PhonePe and AmazonPay have come up with cash back offers for Reliance Jio users who want to take advantage of the Rs 399 recharge scheme valid till today midnight.Last week, India's largest wireless Internet provider said anyone recharging with Rs 399 to get 84

Read More

XL Catlin to buy 20% of Mahindra Insurance Brokers

Mahindra Finance said global insurance major XL Group will take a 20% stake in its subsidiary Mahindra Insurance Brokers Ltd, including the 15% currently held by LeapFrog Financial Inclusion Fund."XL Group will help support MIBL’s endeavours to increase insurance awareness and penetration in underpenetrated markets and across under-served customers

Read More

Bharti Airtel merges Ghana arm with Tigo of Millicom

Bharti Airtel said it is merging its operations in the African nation of Ghana with the local unit of Millicom International Cellular."Under the joint agreement, Airtel and Millicom will have equal ownership (50:50) and governance rights in the combined entity, which will have revenues of approximately USD 300 million,"

Read More

VENGARA Election Results: Left Front vote up 20%, Cong, BJP down

The results of the bypoll held in Vengara assembly constituency in Kerala have confirmed the Congress-led UDF's worries about losing support in the southern state.The results also showed that the BJP suffered a decline in popularity in Kerala in the last 18 months or so.The election, which comes a

Read More

Reliance Jio breaks even on opg level, 9.62 GB avg consumption per month

Reliance Jio has reported revenue of Rs 7,213 cr and an operating profit of Rs 261 cr for the second quarter of the financial year.Per capita data consumption was 9.62 GB per user per month.Average voice consumption was 626 minutes per month during the period, it added.This is the

Read More

Tata Tele acquisition good for Bharti Airtel – Fitch

Bharti Airtel Limited's (BBB-/Stable) announcement that it plans to acquire the consumer mobile operations of Tata Teleservices and Tata Teleservices (Maharashtra) Ltd (Tata Telecom business) is positive for the deal participants as well as the industry, Fitch Ratings said.Bharti's credit profile will improve slightly as it is paying no

Read More

Reliance, Essar triple petrol outlets in 2 yr, continue to expand fast – India Ratings

Private players such as Reliance Industries and Essar -- owned by Russia's Rosneft -- have tripled the number of petrol and diesel outlets in India in the last two years, and could double their market share by implementing their ongoing expansion plans, India Ratings said.From practically nothing in 2014, private

Read More

No decision on Sabarimala Temple Entry for women, referred to constitution bench

Gender activists and others waiting for today's Supreme Court judgment on the entry of women into Kerala's Sabarimala temple were slightly disappointed today after the court refused to rule one way or the other, instead referring the matter to a constitutional bench.The bench of Chief Justice of India Dipak

Read More

TCS Q2 results comes largely in line with expectations

Tata Consultancy Services Ltd, the country's largest IT services exporter, reported revenue largely in line with expectations, while net profit fell slightly.Revenue was 30,541 cr, up 4.3% on year. Dollar and constant currency numbers have not yet been revealed.Operating margin was 25.1%, up 1.7%, but still below historical averages.Net

Read More