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Moneycontrol >> Messageboard >> General >> News Now
   You are here :     Moneycontrol     MMB   General   News Now

News Now

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02 Sep 2008 09:58

Radio Mirchi 98.3 FM, India's hottest Radio station in association with Mirchi Movies announces it's maiden CSR initiative 'Listen to my movie'....

02 Sep 2008 08:31

Pre-paid users can now enjoy full talk time---------------
NEW DELHI: Hidden charges in recharge coupons will soon become history. Telecom regulator Trai on Monday announced a series of measures, largely for pre-paid customers including waiving off processing charges on recharge cards to ‘improve transparency in tariffs and to protect the interests of consumers’. Besides, subscribers will no longer be charged any fee for moving from pre-paid to a post-paid connection.

Trai has asked all telcos to comply with its directives from September 15. When contacted, telcos said that they were already in compliance with most of the new norms. Pre-paid mobile subscribers, who account for over 92 per cent of India’s telecom users, will be the biggest beneficiaries of this move as they can now enjoy full talk time on all recharges. Users will now have to pay just an administrative fee not exceeding Rs 2 per recharge, Trai said. As of now, no operators give talktime equivalent to the value of the recharge card.

Importantly, Trai has also directed all operators to automatically extend all tariff reductions to their customers. The regulator had recently hauled up some telcos including Vodafone Essar for setting preconditions to avail the reduced charges.

“In cases of straight tariff reductions, where the declared intention of the operator is to extend the benefit to all subscribers without any attached liabilities, there shall not be any pre-condition of explicit positive action on the part of the subscribers,” Trai said. The regulator also said that customers on lifetime plans can migrate to new lifetime plans with lower entry fee without making additional payment or recharges. For the benefit of rural and semi-urban customers, Trai has mandated that all telcos provide key tariff information in vernacular languages, in addition to English and Hindi.

While issuing these directives, Trai also slammed the service providers who were not allowing their subscribers on lifetime schemes to move on to new schemes with lower tariffs, thus denying them the benefit of reduced call charges. “Such unfair measures are not in consonance with some of the existing mandates of the authority which provide for migration of subscribers from one plan to another plan on offer without having to pay any fee in the nature of migration charge,” Trai added.

Turning down mobile operators’ demands that lifetime customers be made to recharge their connection once in 60 days, Trai said that subscribers on this tariff package needed to do the same only once in 6 months to remain connected.

Justifying the move, Trai said: “Specifying recharges at such short intervals (60 days) will dilute the ‘lifetime’ character of the lifetime plan and make it more or less similar to the normal pre-paid plans that require recharges at shorter frequent intervals.” For telcos, the move implies that they will have a large number of customers who may use their phones only a couple of times over a six-month period. This will also pull down the average revenue per user (ARPU) of all players. In fact, lifetime pre-paid accounts for a significant bulk of the new subscriber additions for all operators.

Trai has also said that telcos cannot have more then five ‘Blackout or promotional days’. Blackout days are festival days during which operators temporarily withdraw all free or discounted offers. “Such days are to be pre-specified and no subsequent alteration or addition permitted,” Trai said.



ET.........

02 Sep 2008 03:06

Posted by : amit_bahura
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above 4500...

01 Sep 2008 22:43

New RBI Governor

Posted by : gv
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Hi,
The man who would be the next RBI Governor

September 1, 2008

The Government of India on Monday named finance secretary D Subbarao as the next Reserve Bank of India Governor. He will replace Yaga Venugopal Reddy who will step down this week. ...

01 Sep 2008 22:28

Mind Control

Posted by : Guest
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Oh Yes, I remember Deve Gowda our exprime minister. He did create a record. The whole world was laughing at him.
He went to Russia in a lungi and while he was taking the red carpet salute, his govt. in India collapsed.
Once through with the red carpet, someone whispered in his ears that he in no more the Prime minister.
He cut his speach and returned to India and was lost for sometime.
He is hoping to get some ministerial post once Mayawati becomes the prime minister.
There are no shortage of clowns and idiots in this country.
guest...

In reply to:

Mind Control

Posted by : zoombusiness

Former Prime Minister and Janata Dal (Secular) President H D Devegowda on Monday backed Uttar Pradesh Chief Minister Mayawati as a leader of the proposed Third Front which will become political alternative to BJP and Congress.

\"I will stand by Mayawati if she becomes the leader of the Third Front. I have no reservations...and I also don\'t dream of becoming Prime Minister again\", Devegowda told reporters when asked about the leadership of the Third Front.

\"The Third Front is going to take shape. Whether you like it or not, it will become an alernative force to counter BJP and Congress\", said Gowda, who was in the state capital to attend state party convention.

01 Sep 2008 19:50

4600

Posted by : sanjeetladia
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Reliance Industries and Tech Sector will drive the market...

01 Sep 2008 19:17

right now the markets are very low level at this time the new investors are intrested to put some money into the markets and even the fiis also playing some game in the markets this game is only to disturb the investors so friends dont worry now the technically the markets is in bullish trend this is the time to make money all the best

***happy investment*** ...

01 Sep 2008 19:05
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Former Prime Minister and Janata Dal (Secular) President H D Devegowda on Monday backed Uttar Pradesh Chief Minister Mayawati as a leader of the proposed Third Front which will become political alternative to BJP and Congress.

\"I will stand by Mayawati if she becomes the leader of the Third Front. I have no reservations...and I also don\'t dream of becoming Prime Minister again\", Devegowda told reporters when asked about the leadership of the Third Front.

\"The Third Front is going to take shape. Whether you like it or not, it will become an alernative force to counter BJP and Congress\", said Gowda, who was in the state capital to attend state party convention.

...

01 Sep 2008 12:59

market

Posted by : umamka
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market will get stability in future. ...

01 Sep 2008 12:43

Dismissed encounter specialist Pradeep Sharma, who came from a humble background, is a wealthy man today.

Sharma hails from a small village in Maharashtra\'s Dhulia, where his father Rameshwar Sharma worked as a school principal. Sharma, who did his graduation, moved to the city and wrote the MPSC exams to join the Mumbai police as a sub-inspector.

Sharma\'s first assignment was at the Mahim police station. After two years, he was transferred to the special branch, then in Juhu. In 1991, Sharma came in contact with professor Arun Singh of Jhunjhunwala College in Ghatkopar, who had links with the drug mafia and was the brother of former Chhota Rajan gangster O P Singh.
The land-grab case in DN Nagar, in which Sharma was accused of helping builder Alpesh Ajmera grab a plot, which belonged to Heena Kalbaug, was the latest charge. Leader of Opposition in the Assembly, Ramdas Kadam, and senior BJP politician Gopinath Munde alleged in the House that Sharma had amassed a fortune of Rs 5,000 crore. ...

01 Sep 2008 10:19

market above 5000 in sep08 last week. ...

01 Sep 2008 09:40

Rupee is expected to weaken on Monday, following a rise in oil prices and lower Asian stock markets.

* Oil, was trading above $116 a barrel, as a quarter of U.S. crude production was shuttered because of Hurricane Gustav, while Asian stocks were stung by the technology sector, which anticipated slower global demand.

* Domestic refiners are the biggest buyers of dollars and a rise in prices could push up the demand for dollars. India imports about 70 percent of its oil.

* The Nikkei was down 1.4 percent, while Seoul shares fell 3 percent and the Hang Seng index was down 1.7 percent.

* Outflows from Indian stocks of more than $7 billion so far in 2008 have helped weaken the rupee by more than 10 percent.

* The partially convertible rupee ended at 43.935/945 per dollar on Friday, 0.35 percent weaker than its previous close of 43.78/79. It had hit a 17-month low of 44.26 earlier in the week. -IE

...

01 Sep 2008 09:30

4800 level

Posted by : Guest
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nifty will go upto 4800 level....

01 Sep 2008 08:29

The impasse at Singur caused by the indefinite protest in front of Tata Motors Nano-manufacturing plant by the Trinamool Congress and its allies under Mamata Banerjee seemed to have moved closer to a resolution today even as Tata Motors indicated it would not send its workers and officers to the plant site on September 1. -BS...

01 Sep 2008 02:13

Nift should cross 4500 in sep....

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