Airtel connects 13.6 million new users, Jio adds only 9.1 million in Jul-Oct : Bulletin: Business Today
Business Today

Airtel connects 13.6 million new users, Jio adds only 9.1 million in Jul-Oct

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Rashi Bisaria | December 24, 2020

Second COVID-19 mutant found in UK; even more infectious than previous strain

Another mutated strain of COVID-19 has been discovered in the United Kingdom, even as countries around the world intensified efforts to prevent transmission of an earlier mutated strain of the virus from the island nation. British Health Secretary Matt Hancock made the development public on Wednesday, adding that this new variant of coronavirus possibly originated in South Africa.

Airtel connects 13.6 million new users, Jio adds only 9.1 million in Jul-Oct

Yet again, Bharti Airtel topped Reliance Jio in monthly mobile subscriber additions for the third straight month. Jio had maintained a leadership position in wireless subscriber additions till July 2020 which was coupled with Airtel's turnaround in subscriber addition that had been falling since March this year - Airtel had added 3.3 million users in July compared to net additions of 3.6 million by Reliance Jio. That said, Airtel has added 13.6 million new mobile subscribers while Jio settled with a gain of only 9.1 million new subscribers between July and October 2020.

Infosys fastest wealth creator in 25 years, Reliance biggest: Motilal Oswal

Infosys, the country's second largest software exporter, has emerged as the fastest wealth creator in the last 25 years. Mukesh Ambani's Reliance Industries turned out to be the biggest wealth creator in this period, according to a report by Motilal Oswal Financial Services.   IT major Infosys has given outstanding returns to long-term investors, offering a robust compound annual growth rate (CAGR) of 30 per cent to emerge as the fastest wealth creator between 1995 and 2020. It was also the fastest wealth multiplier, increasing stockholders' wealth by 688 times.

Union Budget 2021: FM Nirmala Sitharaman concludes pre-Budget meetings

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has concluded pre-Budget consultation meetings for Budget 2021-22. She chaired the pre-budget consultations, held in virtual mode, with various stakeholders, including farmer organisations, economists, civil society as well as the industry bodies, for reviving the economy impacted by the COVID-19 pandemic.

Apple aims car production by 2024; eyes 'next level' battery technology

Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters. The iPhone maker's automotive efforts, known as Project Titan, have proceeded unevenly since 2014. Central to Apple's strategy is a new battery design that could "radically" reduce the cost of batteries and increase the vehicle's range.

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