Jio IPO listing: can not comment on media speculation, says Reliance

13 December, 2017, 09:46 | Author: Darnell Taylor
  • You may soon have Wi Fi in planes TRAI to release in-flight connectivity recommendations by year-end

Airtel recently updated its Rs. 349 plan to offer 2GB data per day, along with free roaming outgoing, bundled calls across the country, and 100 SMSes per day. The Rs 509 plan is valid for 84 days whereas the new Idea Rs 309 plan comes with 28 days validity.

Thanks to Jio, now in around Rs 450 we get 1GB of data with unlimited calling for more than 70 days on both Airtel and Vodafone.

Idea subscribers need to check the official app to see if the plan is available to them with extended validity as the official website still mentions 35-day validity, meaning this is a personalised plan which might be available to select consumers only. But then there is also another angle to it, Jio offers 4G data whereas Idea offers 3G.

However, a company with IPO plans should earn a minimum Rs 15 crore as average "pre-tax operating profit" in at least three years of the immediate preceding five years and have a net worth of at least Rs 1 crore in each of the preceding three full years, as per SEBI rules.

Wreaths Across America crosses county
Coppell Republican Women will be participating in Wreaths Across America Dec. 16 at the Rolling Oaks Memorial Center. Several Sun City volunteers will be at Beaufort National Cemetery for this year's dedication and placement.


State Supreme Court stays order directing Alabama not to destroy voting records
Digital ballot images are essentially digitized versions of the paper ballots Alabamians fill out in the voting booth. Original paper ballots are preserved while electronic images generally are not preserved.


Aj Teague Acquires 8250 Shares of Enterprise Products Partners LP (EPD) Stock
Several other institutional investors have also sold shares of the company. 58 funds opened positions while 244 raised stakes. The rating was maintained by Stifel Nicolaus on Thursday, August 10 with "Buy". (NASDAQ:ANSS) rating on Friday, June 9.


This is the latest move by Idea to take on Reliance Jio.

Jio's Rs. 309 plan, on the other hand, offers 49GB of bundled data doled out at 1GB per day, free calls, including roaming outgoing, free SMSes and access to Jio apps. Also, users are not allowed to call more than 100 unique numbers in a week; in this case, the calls will be charged at 1 paisa per second. Securities and Exchange Board of India (Sebi) rules also make it hard for Jio to have an IPO immediately.

After launching an unlimited plan of Rs 509, Idea has now rolled out another similar plan at Rs 309, but with less days of validity than the Rs 509 plan.

Recommended:

  • Swansea City vs Manchester City

    Swansea City vs Manchester City

    The biggest Premier League matchup of game week 18 sees Manchester City and Tottenham do battle at the Etihad Stadium on Saturday. Up front, Sergio Aguero is likely to be recalled after not featuring in the Manchester derby on Sunday.
    UN Security Council Discusses N. Korea's Human Rights Abuses for 4th Year

    UN Security Council Discusses N. Korea's Human Rights Abuses for 4th Year

    But China and Russian Federation argued that the UN Security Council is not the right forum to discuss the issue. If their baby is born alive, it is killed in an effort to maintain "ethnic purity", she said.

    Hot Stock to Watch: Synchrony Financial (NYSE:SYF)

    Omega Advisors Inc decreased Amazon.Com Inc (NASDAQ:AMZN) stake by 8,900 shares to 10,500 valued at $10.16 million in 2017Q2. Synchrony Financial has a beta of 0.88, offering the possibility of a higher rate of return, but also posing more risk.
  • Video, images of starving polar bear exposes climate crisis

    Video, images of starving polar bear exposes climate crisis

    Ikakhik who has been doing polar bear patrols in Arviat since 2010. "These polar bears should be riding ice somewhere", he said. Conservationist Paul Nicklen recorded this devastating video of a polar bear struggling to survive in a warming Arctic.
    PepsiCo latest to place order for Tesla Semi

    PepsiCo latest to place order for Tesla Semi

    The 200-mile variant starts at $180,00, but Tesla will even assemble a fancier $200,000 Founders Series Semi. PepsiCo has declined to comment on how much money the company had to front for their Tesla Semi order.
    Toshiba, Western Digital settle legal battle over chip unit sale

    Toshiba, Western Digital settle legal battle over chip unit sale

    Visit MarketWatch.com for more information on this news. -South Korean group led by USA fund Bain Capital. TMC and Western Digital have also agreed to extend the terms of their joint ventures (JVs).
  • Roman Polanski Calls New Sexual Assault Claim BS But LAPD Launches Investigation

    Roman Polanski Calls New Sexual Assault Claim BS But LAPD Launches Investigation

    According to the Los Angeles Times , Polanski can not be prosecuted for the crime since the statute of limitations has passed. But the allegations are so old that criminal charges couldn't be brought, even if proven.
    Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Tesla (TSLA) Stock Price

    Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Tesla (TSLA) Stock Price

    Energy Opportunities Capital Management LLC acquired a new stake in shares of Tesla in the 3rd quarter valued at about $1,302,000. Riverpark Capital Management has invested 2.13% in Schlumberger Limited (NYSE:SLB). (NasdaqGS: TSLA ) for last month was 1.02250.
    Model, 19, found naked, dead after falling from condo balcony

    Model, 19, found naked, dead after falling from condo balcony

    However, her father contends that neighbours heard shouting and arguments from the apartment unit in question that morning. Smit's death was ruled as a "sudden death" and investigators believe there was no criminal activity related to her case.
  • Egypt's Sisi: Jerusalem's legal status must be maintained

    Egypt's Sisi: Jerusalem's legal status must be maintained

    Egypt's top Muslim and Christian clerics have both cancelled scheduled meetings with Pence in protest at the Jerusalem decision. Vice President's visit to the region later this month, Palestinian Foreign Minister Riyad al-Maliki said on Saturday.
    Orlando City does not lose any players in MLS Expansion Draft

    Orlando City does not lose any players in MLS Expansion Draft

    The Ghanaian recorded six goals and two assists in 31 appearances across all competitions , notably scoring in the Lamar Hunt U.S. The club then traded Raitala and Edwards to Montreal for Laurent Ciman, the Impact's former MLS All-Star defender.
    Morrissey Addresses Recent Controversial Interview Quotes

    Morrissey Addresses Recent Controversial Interview Quotes

    Morrissey has denied the quotes and is demanding the full, unedited version of the interview be released. Now Morrissey seems to be saying he never said all this, although he didn't explain what he did say.


Popular

US's Jerusalem decision 'null and void', says Erdogan
Embassy in Beirut issued a security message reminding U.S. citizens of "the need for caution and awareness of personal security". Meanwhile, Arab ministers met in Cairo on Saturday and urged the U.S. to reverse its decision.

Revenue Approximations Analysis: eBay Inc. (EBAY), Synergy Pharmaceuticals Inc. (SGYP)
The stock is now moving below its 20-Day Simple Moving Average of -8.25% with a 50-Day Simple Moving Average of -27.99 percent. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward.

Mercedes to bring new MBUX infotainment system to CES
In addition to the extra room the seat now reclines by either 40, 60 or 100 per cent providing increased comfort and a heated bum. Mercedes says the material quality in this interior has been enhanced, with several new design nuggets that up the uniqueness.

Geminid meteor shower visible Thursday night
SET your alarm for about 3am and go outside to catch a glimpse of what is tipped to be one of the best meteor showers of the year. These meteors are pretty unique because they originate from an asteroid, though some refer to it as a dead comet.

More 'Big Little Lies' on its way to TV
The friendships By the end of the first season of " Big Little Lies " you will fully believe these women would die for each other. For her new action-adventure role in Destroyer , Kidman sports a fake tan; a wrinkled, gaunt face; and short, shaggy brown hair.

Samsung to implement iris scanner on budget and mid-range phones by 2019
Samsung will reportedly bring several upgrades to the iris scanner on its next Galaxy S phone, presumably called the Galaxy S9 . This particular Clear ID in-display fingerprint sensor is best for infinity displays as it activates only when needed.

Husband charged with Karen Ristevski's murder
The disappearance the fashion boutique owner captivated Melbourne as police mounted an exhaustive search for any sign of her. The Avondale Heights man was arrested around 7:20am this morning and charged with one count of murder.

Group Offers $17.6B Blueprint To 'Re-imagine' Puerto Rico's Grid
The plan also would make the island's electrical grid stronger and better able to withstand future storms. Cuomo and Rossello detailed the plan Monday.

Iberiabank Corp Increases Stake in Consolidated Edison, Inc. (NYSE:ED)
Pennsylvania-based Nationwide Fund has invested 0.11% in Edison International (NYSE: EIX ). 52,919 were accumulated by Nomura. The company reported the earnings of $1.43/Share in the last quarter where the estimated EPS by analysts was $1.33/share.

Jada Pinkett Smith Says Golden Globes Voters Wouldn't Even Watch Girls Trip
This morning nominations for Issa Rae, Black-Ish, and Get Out were revealed to be in the upcoming award ceremony. Jada Pinkett Smith is voicing her displeasure over this year's Golden Globes nominations .