Connect with us

Business

Jio Fiber effect? Airtel launches Xstream Fiber 1Gbps broadband at Rs 3,999

Published

on


The benefits include three months Netflix subscription gift, one year Amazon Prime membership and access to premium content from ZEE5 and Airtel Xstream app.

Bharti Airtel on Wednesday launched its broadband offering, ‘Airtel Xstream Fibre’ promising 1Gbps speed for Rs 3,999 a month, raising the competitive heat in a market that has recently seen commercial roll-out of Jio’s fibre based services. “Starting today (on Wednesday), Airtel Xstream Fibre is available to Homes, SOHO (Small Office Home Office) and small commercial establishments in Delhi, Gurgaon, Faridabad, Noida, Ghaziabad, Mumbai, Pune, Bangalore, Hyderabad, Chennai, Chandigarh, Kolkata, Indore, Jaipur and Ahmedabad,” Bharti Airtel said in a statement.

In the coming months Airtel Xstream Fibre will be rolled out in more markets, the statement added. “Airtel Xstream Fibre offers unlimited broadband at 1Gbps for just Rs 3,999/month. It also offers unlimited landline calls to any network in India along with exclusive ‘AirtelThanks’ benefits…,” it said. The benefits include three months Netflix subscription gift, one year Amazon Prime membership and access to premium content from ZEE5 and Airtel Xstream app. On September 5, billionaire Mukesh Ambani’s Jio had announced launch of its fibre-based broadband service, offering minimum internet speed of 100 Mbps for Rs 699 a month.

JioFiber will offer free voice calling anywhere in the country, unlimited data and video conferencing. Annual subscribers will get 4K set top box, for streaming TV channels, free while a 4K television set would be complimentary with plans with higher payouts such as ‘Gold’ and above

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.





Source link

Business

Newsletter: Stripe, Amazon & the Fed

Published

on



FE International Newsletter September 20, 2019: Stripe, Amazon & the Fed

Hello and welcome to the FE International newsletter bringing you most important updates in the world of online business. Following a week of announcements at Stripe Sessions, the SaaS payments leader has announced it is raising $250 million to continue its powerful growth trajectory. Stripe’s new valuation of $35 billion for this round of fundraising represents a 55% increase from where it was valued during its last fundraising round earlier this year.

This week, the e-commerce world is seeing Amazon test a new product feedback process by way of one-tap ratings. The new review feature is Amazon’s attempt to drive up the number of shoppers who leave useful reviews, as this is a driving force behind product sales for merchants on the platform. For now, a select group of Amazon customers will have access to the feature, which will be made available from a variety of places including “Your Orders” and “Write a Review.” While this is likely to encourage the number of positive reviews merchants see due to varying levels of motivation to write positive vs negative reviews, merchants should be attuned and respond to low-star reviews inquiring after why.

Our friend David Hauser, the founder of Grasshopper, just launched his first book Unstoppable: 4 Steps to Transform Your Life. If you’ve heard of Grasshopper, you know David has no problem reaching his business goals. But after years of diet and exercise, he couldn’t get a grip on his health goals — until he started applying business principles to his own body and mind. This book gives you the framework he used to succeed. To celebrate the launch, follow the link on the FE blog to grab a copy for under $1 until Monday.

Finally, international news saw French President Macron commit a €5 Billion Investment from insurers and asset managers in French technology startups. The funding comes from c.40 venture capital firms and funds in the country, with the goal of creating 25 or more €1 billion French technology companies by 2025. Recent tax cuts had not proven effective enough to help burgeoning startups, which brought about this new initiative which, according to Macron, is intended to “create [France’s] champions.”

New in FE exclusive App listings this week we have a Wellness and Improvement App Portfolio listed at the $288,000 price point. This diverse portfolio of c.140 mobile apps has garnered millions of lifetime users due to its effectiveness and popularity. With over 2.7 million lifetime downloads and an incredibly high product rating of 4.7 stars, this business has seen steady revenue growth of around 187.5% compound annual growth rate over the 2015 to 2018 period. Please follow the link above to request a prospectus.

In events news, we are pleased to present the first in a series of “HOW TO” online business meetups, How to Build an 8-Figure Technology Business panel event! Join CEO Ismael Wrixen, Founder Thomas Smale and the FE team to hear from expert panelists who have built successful technology businesses and are ready to share their proven skills. Ticket Tailor Founder Jonny White and SaaStock Founder and CEO Alex Theuma, among others, speak on the panel before we open the floor for no-pitch networking with the fellow founders, entrepreneurs and investors in attendance. Doors open at 6pm, so make sure to head over to the Technology Entrepreneur Meetup page hosted by FE International to RSVP!

Thanks for tuning into this week’s top stories. For more updates throughout the week you can follow us on Facebook, Twitter, LinkedIn and Instagram. Make sure to subscribe to our YouTube channel so you never miss an update! From all of us at FE, we’ll see you next week.

source

Continue Reading

Business

Tamyra Mensah-Stock dominates to win first wrestling world title | NBC Sports

Published

on



American Tamyra Mensah-Stock knocks off Anna Fransson of Sweden and has a victory lap for the ages to celebrate becoming a world champion #NBCSports #TamyraMensahStock

» Subscribe to NBC Sports:
» Watch Live Sports on NBCSports.com:

NBC Sports Group serves sports fans 24/7 with premier live events, insightful studio shows, and compelling original programming. NBC Sports is an established leader in the sports media landscape with an unparalleled collection of sports properties that include the Olympics, NFL, Premier League, NHL, NASCAR, PGA TOUR, the Kentucky Derby, Tour de France, French Open, IndyCar and many more. Subscribe to our channel for the latest sporting news and highlights!

NBC Olympics is responsible for producing, programming and promoting NBCUniversal’s Olympic coverage. It is renowned for its unsurpassed Olympic heritage, award-winning production, and ability to aggregate the largest audiences in U.S. television history. Having produced every Summer Olympics since Seoul in 1988 and every Winter Olympics since Salt Lake City in 2002, the networks of NBCUniversal are synonymous with the Games in the United States. NBCUniversal has the U.S. media rights on all platforms to all Olympic Games through 2032. At the conclusion of the 2032 Games, NBCUniversal will have presented 23 total Olympic Games and 17 consecutive, the most for a U.S. media company in both categories.

Visit NBC Sports:
Find NBC Sports on Facebook:
Follow NBC Sports on Twitter:
Follow NBC Sports on Instagram:

Tamyra Mensah-Stock dominates en route to first wrestling world title | NBC Sports

source

Continue Reading

Business

ICICI Securities: Maintain ‘hold’ on Lupin, revised target price Rs 732

Published

on

By


ICICI, Lupin, market, market news, USFDA, ProAir, EBITDA, Lupin share, Lupin ltdMandideep was inspected in Dec’18 and a total of 22 observations were issued across three units

Lupin has announced that the USFDA has issued a warning letter for its Mandideep (unit-I) facility in Madhya Pradesh. This plant manufactures cephalosporin API and formulations. The warning letter follows an inspection of the plant in Dec’18 and its classification as OAI (official action indicated) in Mar’19. Further, Lupin has recently received CRL (complete response letter) for ProAir, which could delay the launch further to Q2FY21.

Mandideep was inspected in Dec’18 and a total of 22 observations were issued across three units. Later, Unit-I was classified as OAI and has now received the warning letter. We expect it to take more than a year for the issue to get resolved considering the history of warning letter resolutions.

Corporate tax rate cut decoded! Why FM Sitharaman’s announcement is a Diwali bonanza for economy

ProAir approval likely to be further delayed: Lupin has received CRL for ProAir, which may delay the approval further to Q2FY21 vs earlier expectation of Q4FY20. The USFDA has not approved any generic of this inhalation product and there are two more companies working on it. Lupin is likely to be the first generic company to get approval; however, continual delay would impact the opportunity value. We reduce our revenue estimate for this product to US$36mn in FY22E vs our earlier expectation of the same happening in FY21.

Outlook: We expect revenue/ EBITDA/ PAT CAGRs of 8.9/12.9/32.8% respectively over FY19-FY22E. Strong earnings growth is expected to be driven by 200bps EBITDA margin expansion with improving revenue mix (higher US sales from limited-competition products) and cost reduction measures via R&D rationalisation.

Valuations and risks: We cut our EPS estimates by 3-4% and maintain our ‘hold’ rating on the stock with a revised target price of Rs 732/share based on 20x FY21E EPS (earlier: Rs 758).

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.





Source link

Continue Reading

Trending

We use cookies in order to give you the best possible experience on our website. By continuing to use this site, you agree to our use of cookies.
Accept