Wed, Jun 26, 2024 3:44 PM
ESZ committee directs Jaipur civic body to raze hotel on Nahargarh land
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Vodafone Idea will increase mobile tariffs by 10%-24% from July 4, following Airtel's 10%-21% hike and Reliance Jio's 12%-27% rise. The revised tariffs will cost more than Jio's plans. Unlimited voice plans will increase by around 11%, with daily data plans rising by 20.8% to 35.7%. Postpaid plans will also see hikes of ₹50-₹100. The move is to achieve ARPU of over ₹300 for healthy business model.
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Indian government securities have been included in JPMorgan Chase's emerging markets bond index, expected to attract $30 billion in inflows over 10 months. Foreign investors have already invested $11 billion since the announcement in September. India starts with a 1% weightage, increasing by a percentage point every month over 10 months, potentially boosting foreign inflows to $2-3 bn per month.
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Shares of Vama Industries Ltd were locked in the upper circuit on Fri, gaining 5.00%. The stock has witnessed heavy buying activity from investors in the last few days. Recently, Vama Industries has secured significant supply order worth Rs. 74.32 cr from NSIL, a govt agency under India's Department of Space. This contract involves supplying HSM systems and servers for a CAF on a turnkey basis.
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