Bharti Airtel may gain on announcing data rollover facility

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Capital Market
Last Updated : Nov 09 2017 | 12:01 AM IST

Bharti Airtel on 7 November 2017 announced 'Data Rollover' facility for its home broadband customers. With this, all unused monthly data will be carried forward and added to the data benefit of the next billing cycle, further enhancing the value proposition for customers. Customers can accumulate up to 1,000 GB data and easily track their usage and balance data available on MyAirtel App.

George Mathen, CEO - Homes, Bharti Airtel, said that with this innovation, the company's home broadband users no longer have to worry about their unused data, which will always be available to them. Home broadband continues to drive the massive growth of in-home consumption of online content and the combination of Airtel V-Fiber and 'data rollover' will enable a truly world-class experience for today's digital homes," George Mathen said. The announcement was made after market hours yesterday, 7 November 2017.

Hero MotoCorp, on 7 November 2017 unveiled the Xpulse Concept motorcycle as a world premier at the EICMA in Milan, Italy. An Adventure Concept bike, the Xpulse Concept provides a glimpse into Hero's plans to expand further into higher engine capacity segments. The company's motorsport division, the Hero MotoSports Team Rally, also presented its plan for the upcoming Dakar Rally 2018, including its new motorcycle, which the pilots will ride at the Rally. The announcement was made after market hours yesterday, 7 November 2017.

Akzo Nobel India said that the board of directors of the company at its meeting held on 7 November 2017 has recommended the sale and transfer of the company's Specialty Chemicals Business (hereinafter referred to as 'Chemical Business') to an affiliate of AkzoNobel N.V., Netherlands, as going concern on a slump sale basis for a consideration of Rs 320 crore. The transaction is subject to approval of the shareholders and other approvals from statutory and regulatory authorities, if any. The announcement was made after market hours yesterday, 7 November 2017.

EPC Industrie has commenced the commercial production at its new manufacturing plant situated at Vadodara. The announcement was made after market hours yesterday, 7 November 2017.

Himatsingka Seide's board approved an investment of 26% (Upto Rs 50 lakh) of voting equity share capital in Himatsingka Energy. The announcement was made after market hours yesterday, 7 November 2017.

The company's consolidated net profit rose 9.7% to Rs 50.56 crore on 12.11% rise in total income to Rs 592.27 crore in Q2 September 2017 over Q2 September 2016.

Prestige Estate Projects' net profit fell 23.8% to Rs 50.90 crore on 24.3% rise in net sales to Rs 599.60 crore in Q2 September 2017 over Q2 September 2016. The announcement was made after market hours yesterday, 7 November 2017.

Eicher Motors said that reviving its rich twin heritage, Royal Enfield, the global leader in mid-size motorcycle segment (250-750cc), unveiled its ground-up modern twin motorcycles the Interceptor INT 650 and the Continental GT 650 at the EICMA Motor Show, Milan. The announcement was made after market hours yesterday, 7 November 2017.

Axis Bank's board of directors will meet on 10 November 2017 to consider raising of funds by issue of equity/equity linked securities through permissible mode at an appropriate time. The announcement was made after market hours yesterday, 7 November 2017.

Adani Ports & Special Economic Zone's board of directors will meet on 13 November 2017 to consider issuing non-convertible debentures by private placement basis in one or more tranches within the limits approved by the shareholders at the AGM on 9 August 2017. The announcement was made after market hours yesterday, 7 November 2017.

Alembic Pharmaceuticals' consolidated net profit rose 1.4% to Rs 121.56 crore on 10.2% decline in net sales to Rs 789.29 crore in Q2 September 2017 over Q2 September 2016. The announcement was made after market hours yesterday, 7 November 2017.

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First Published: Nov 08 2017 | 8:42 AM IST

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