Shock to Reliance Jio: Adurs blow to users

 Users have given a big shock to Reliance Jio, a leader in the Indian telecom sector. In December last year, a significant number of mobile users left Geo. It is a known fact that the iconic telecom companies have decided to increase prices by 20 per cent. It seems that the respective users have joined the other network. Vodafone Idea, along with Geo, has been a huge shock to users. BSNL, a state-run telecom company, on the other hand, made more profit this month than private companies.


Reduced user base


The number of mobile users across the country fell by 1.28 crore in December 2021 compared to the previous month, Troy data revealed on Thursday. Reliance Jio lost nearly 1.29 crore wireless subscribers. Troy revealed that the number of its mobile subscribers dropped to 41.57 crore in December 2021. Vodafone Idea, on the other hand, lost 16.14 lakh mobile subscribers and reached its base of 26.55 crore in December 2021.


About Airtel 

Users gave a big shock to the telecom giants Jio and Vodafone Idea.  Another telecom giant Airtel was filled with users. According to the monthly subscriber data released by the Telecom Regulatory Authority of India (TRAI), Airtel has gained 4.75 lakh new customers. This increased the number of users to 35.57 crore.




(2ndarticle) Title:-  IT Raids at Huawei offices: Income tax department raids: 


The Income Tax Department on Wednesday raided several offices of Chinese telecom company Huawei in the country as part of a tax evasion probe, official sources said.


The Income Tax Department on Wednesday raided several offices of Chinese telecom company Huawei in the country as part of a tax evasion probe, official sources said. The attacks took place on Tuesday at company premises in Delhi, Gurugram (Haryana) and Bangalore in Karnataka.


IT department attacks on Huawei offices:


Sources said the authorities examined financial documents, account books and company records as part of the tax evasion probe into the Huawei company, its Indian businesses and foreign transactions. They said some records were also seized. The company, however, said its operations in the country were compliant with the law.


Huawei responds to income tax deals


The company said the income tax team visited their office and informed us about their meeting with staff. Huawei believes that our operations in India comply with all laws and regulations. That said we will contact the relevant government departments for more information. The company said in a statement that it will fully comply with the terms and conditions and will follow the correct procedure.


Distance from Huawei trials for 5G services


Meanwhile the government has kept Huawei away from trials for 5G services. However, telecom operators were allowed to source telecom gear from Huawei, ZTE under their old agreements to maintain their networks. However, according to the National Security Directorate on the telecommunications sector, they need government approval before entering into any new business agreement.


Manipulation of Chinese mobile handset manufacturers


Chinese mobile communications and handset makers such as Xiaomi and Oppo conducted searches last year by the tax department on their linked individuals. Indian tax law, found to be in breach of regulations. Identified several defects in the units for their manufacture. That said, the costs you say you spent did not appear. Rs. More than Rs 5,500 crore worth of revenue was found to have been repatriated.


(3rd article) Title:-   Anand Mahindra: Anand Mahindra compares the stock market to a roller coaster 

Leading industrialist Anand Mahindra compares the volatility of stock markets in a similar fashion. The stock market (or share market) is a trading complex formed to buy and sell company shares (stock / shares).



Leading industrialist Anand Mahindra compares the volatility of stock markets in a similar fashion.

The stock market (or share market) is a trading complex formed to buy and sell company shares (stock / shares). These may include securities listed on the Public Stock Exchange, as well as shares traded privately only. Investments in the stock market are most often made through stock brokerages and electronic trading media. This stock market is mainly based on bulls and bears.


Leading industrialist Anand Mahindra's Twitter account always has different videos and messages. Recently, Anand Mahindra shared a video comparing the stock market on its Twitter account. That is .. Anand Mahindra posted a roller coaster video and compared it to stock market volatility (profit, loss). Imagine the thrill of an adrenaline-inspired ride on a roller coaster ..? "The stock market is the same," he said on his Twitter account. "Another day in the markets. Not for the faint of heart," Mahindra captioned the video.


The video posted by Mahindra has now gone viral. The video, posted on Anand Mahindra's Twitter account, has been viewed by over 328k people so far. Netizens fully agree with Mahindra's words. Netizens shared their experiences about investing in the stock market. Some have expressed the view that the stock market experience was far worse than the roller coaster ride. 


The stock market has been experiencing gains and losses for the past few days. Anand Mahindra shared a Roller Coaster video on his Twitter account targeting the stock market and the video has now gone viral.


(4th article) Title:-  LIC Jeevan Labh Policy: Invest Rs 262 & Get up to Rs 20 lakh  

 

LIC Jeevan Profit Policy is an endowment policy with savings option on insurance. Launched on February 1 last year, the policy provides financial assistance to the nominee in the event of the unfortunate death of the policyholder.


Life Insurance Corporation (LIC) is one of the largest insurance companies in India. It often introduces a number of policies that attract investors. LIC offers safe, risk-free investment options to investors. These investments are made with a view to financial security through these LIC policies as well as future plans after child education, marriage and retirement. Making these investments regularly can lead to better returns.


LIC Jeevan Profit Policy is an endowment policy with savings option on insurance. Launched on February 1 last year, the policy provides financial assistance to the nominee in the event of the unfortunate death of the policyholder. The policy also allows borrowers to take out loans after a while. Find out LIC Jeevan Labh policy details including Death Benefit and Policy Maturity Benefits here.


In LIC Jeevan Labh policy .. by investing it is possible to get lakhs of rupees at the maturity of the policy. If you invest in a policy at a rate of Rs 262 per day for a fixed period of time, there is a possibility of a return of up to Rs 20 lakh.


Jeevan Labh Policy Details


The minimum sum insured under the LIC Jeevan Labh scheme starts from Rs 2 lakh. There is no maximum limit on this policy insurance. The higher the insurance limit, the higher the monthly investment. This policy takes at least 8 years to mature. However, there is a possibility of extending the maturity age of the policy to 16, 21 and 25 years. Under the Jeevan Labh policy, investors can pay their premiums on a monthly or quarterly or quarterly or annual basis. There will be a grace period of 15 days on monthly payments.