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Vodafone Idea shares  increased by a  record 30%  even without funding, this is the reason  

By
Team Happen Recently
-

Vodafone Idea’s fundraising deadline was  December 31, but the  company’s shares  ended up  rising  on Monday. 

  Despite  facing crises over  the  past  few months,  telecom  company Vodafone Idea  has seen its share price rise significantly  in  the  past  two  trading  sessions. On Friday and Monday, VI  stock rose more than 30%.  

 Vodafone Idea shares  jumped 10%  on January 1,  in  the first market session of 2024.  Before that,  VI shares  jumped more than 20%  on Friday, leading to a cumulative  gain  of  30%  over the  two  sessions recent market. 

While  VI  shares  have  risen significantly  over the  past  week, the company is awaiting  a  final call  on  its  financing, a  deadline  of  December  31  set by the Department of Telecommunications. 

  One of the  key  reasons  for  the growth  in  VI’s share price  was  the payment of  ₹1,700  crore to the Department of  Telecom  last quarter to  cover  the spectrum it acquired in 2022, which  inspired confidence. information from  shareholders.  

 Another reason behind the  rising stock  price  is that VI has  publicly  announced  that it is in talks with vendors regarding the upcoming  5G  spectrum launch.  The management has also talked about infusing  2,000  crore into the company by the end of December 2023, but  the company is yet to give any  confirmation on  this.  

  Akshaya Moondra,  CEO of Vodafone Idea, was  quoted by CNBC TV  18  earlier,  saying, “In  the last quarter, we  received  a letter from the promoters  informing them  that they will support  them. me for an amount  of  ₹ 2,000  crore.  So far,  they have  yielded nothing.  We  have secured  bank  financing  to  cover  the  short-term gap  we  experienced  in the last  quarter. »  

 Vodafone Idea’s  5G deployment  plan  

  During  the last quarter, Vodafone  Idea  management  said  the company is in talks with vendors to prepare a  suitable  plan for  5G  deployment  in the country,  adding that  the  significant expansion of the  spectrum  4G spectrum  from  VI will also take place once  funding is  completed.  

 Vodafone Idea Chairman Kumar Mangalam Birla  also talked about making “significant investments” in the  nationwide  5G rollout  in  the  coming  quarters, without specifying  a timeline.  

 VI  stock  will likely  rise further  after the 5G rollout brings  in  some  subscriber base.  According to TRAI data, in  September, Vodafone Idea lost around 7.4 million  subscribers. 

 For more  information,  visit at https://happenrecently.com/zepto/?amp=1

India expands defense ties with Tanzania to increase presence in the Indian Ocean 

By
Team Happen Recently
-

 New Delhi: India is considering strengthening defense cooperation with Tanzania to increase its strategic presence in the western Indian Ocean, according to sources familiar with the matter. 

 In addition to strengthening maritime cooperation, New Delhi is also interested in selling defense equipment, especially armored vehicles. 

 These initiatives  are part of  India’s broader strategy to increase its presence in the western Indian Ocean, a region vital to its maritime trade routes. 

 Indian Army Chief General Manoj Pande met Tanzania’s Defense Minister and senior military officials during his October visit to the East African country. 

 “Considering the successful  holding  of the Defense Exhibition in Dar es Salaam  twice,  on May 31, 2022 and October 2, 2023, in which  several  Indian defense companies participated; The two sides expressed their desire to expand cooperation in the field of defense industry. The two leaders also expressed satisfaction with the progress of cooperation between the two sides in  building  the capacity of  Tanzanian  forces and industry,” said a joint statement during the visit  to India  of Tanzanian President Samia Suluhu  Hassan. know.  

 India’s concerted efforts to cooperate with countries in the region, such as Tanzania and Kenya, highlight common security concerns, such as piracy and illegal fishing. 

 Maritime cooperation with Tanzania, including joint surveillance exercises and hydrographic surveys, reflects India’s broader geopolitical strategy. The two sides held a joint  exercise on  exclusive economic zone monitoring  in July this year.  The number of Tanzanian soldiers training in India is likely to increase in coming  years  as New Delhi seeks to strengthen its  defenses, the people quoted above said.  China is also an additional factor in India’s influence in Tanzania, as Beijing has traditionally been the African country’s main defense partner. 

 India’s ambitious plan to increase defense exports to $5 billion by 2025 makes it a top choice for  Tanzania, which is looking  to diversify its defense partnerships and  sources  of equipment.  military. 

 For more information, visit at https://happenrecently.com/zepto/?amp=1

PM Modi set to  announce  North  India’s  first river rejuvenation  project, ‘Devika’ – View  key features here 

By
Team Happen Recently
-

 River  Devika  is considered  to be  the sister of the  holy  river  Ganga  and  has  great religious significance. 

 North  India’s  first river  reclamation project, ‘Devika’,  is in  its  final stages and  will  soon  be  dedicated to the  country  by Prime Minister Narendra Modi. 

 Built on the  ‘Namami Ganga’ line,  the project was launched by the Prime Minister in February 2019. On Sunday, Union Minister of State  Dr.  Jitendra Singh  conducted  an on-site review and  completion of  Devika  River Rehabilitation Project.  

  Singh said there has long  been a  need  for renovation,  rejuvenation  and beautification, but it was only after 2014 that  the first  river rejuvenation project  of its kind  was undertaken in North India on the  Namami  Ganga route. In a review lasting over an hour,  the  Chief  Minister directed  PWD (R&B)  officials  and  Udhampur  Municipal Council  to ensure dedicated  power supply  for uninterrupted power supply, besides maintaining cleanliness  will  and  aesthetics  of the ghat area. 

  Religious  significance and  main  features  of the  Devika project 

  River  Devika  is considered  to be  the sister of the  holy  river  Ganga  and  has  great religious significance. Therefore, the Liquid Waste Management (LWM) project  was  undertaken  specifically  to protect the sanctity of the  sacred  river in Udhampur, Jammu  and  Kashmir. 

 The LWM project with  a  network of pipes and manholes connecting all the households under the project is being constructed by  the  Urban Environmental Engineering Department  (UEED), J&K  to protect its sanctity.  

 Built at a cost of over Rs 190 crore, the sharing of  funds  is in the ratio of 90:10  between  the  center  and  the  UT respectively.  

The Union Minister of State added that in addition to the liquid waste management project,  a  solid waste management  (SWM) project will also be  developed  under  the  Devika  rejuvenation project,  which is  very important  in  terms of  many aspects  to protect  the  sacredness  of  the  river.  

 Notably, the project also includes the construction of  3 wastewater  treatment plants  with a capacity  of 8 MLD, 4  MLD  and 1.6  MLD,  a  129.27  km long drainage network,  development of  2  cremation ghats,  protective fence  and landscaping, small  hydroelectric power plant  and  3 small hydroelectric power plants.  solar power  plant. 

  Once  the  project is completed,  rivers will  have less  pollution and  improved  water quality. 

  For more  information,  visit at https://happenrecently.com/zepto/?amp=1

New Year 2024 brings important changes: UPI IDs, bank lockers, SIM KYC, and more

By
Team Happen Recently
-

As we welcome  the new year  2024,  the  new  regulations will  come into effect  from  the first  of the month.  Some  changes will  take  effect. Since these changes will  impact  you directly, it’s essential  to know  what  rules will be  in place  on the first day of the month. 

  Below is an overview of the  changes  effective  January 1, 2024 

 1)  UPI  ID is not working 

 The National Payments Corporation of India  (NPCI),  in  its November  7  circular,  asked payment apps and banks to deactivate  IDs and  UPI  numbers that have  been  inactive  for more than  a  year. Every bank and third-party app  must respect them until December 31.  2) Bank locker agreement 

 According to the Reserve Bank of India (RBI),  the  new  safe deposit  box rules  require customers to sign a new agreement with their  bank. Guests  are only allowed to use the  lockers after paying  the  rental fee.  The deadline for  implementing  the agreement is December 31, 2023. 

  3)  Late RTI  filing deadline 

 The  deadline for filing  penalty  tax returns  for the  financial  year 2022-23 is also approaching  December 31, 2023.  As per section  234F of the Income Tax Act, individuals who fail to file their  tax  returns  by  the due date will be  liable  to  pay  late  fees . .  For those who  miss  the deadline, the  fine  is  5,000 yen.  However, taxpayers whose total income remains below ₹5 lakh will only have to pay a  penalty  reduced  to  ₹1,000.  

 4) No  paper  KYC for SIM cards 

 Mobile phone users will be able to get new SIM cards without filling  a  paper  form  on the first day of 2024. According to a notification  from the  Department of Telecommunications (DoT), the  know-your-customer (KYC) process  on Paper  will be  removed  from January  1st. “In view of  various amendments/changes made  to  the existing KYC framework from time to time,  the authority  has  decided  that the use of  paper-based  KYC  process  as  provided  in  the  instructions dated  08.09. 2012, will cease operations effective January 1, 2024,”  the  announcement said. 

 5)  Car  prices  increase  

 Several  Indian automakers,  including Maruti Suzuki, Mahindra &  Mahindra  and Audi India, have announced plans to increase  prices of their passenger vehicles  by  January  2024. 

For more information visit at https://happenrecently.com/zepto/?amp=1

iPhone 15 gets  huge discount,  now  priced  under ₹70,000: Check new price, bank offers, how to  buy,  and more 

By
Team Happen Recently
-

  Apple  iPhone 15 is  available for under ₹70,000 during the Apple  Day Sale at Vijay,  with a flat  discount of ₹3,000,  taking the effective price to ₹67,990.  

 Apple’s premium iPhone 15 smartphone was launched at the company’s Wonderlust event in September this year at a price of ₹79,990. However, the smartphone is  available for  under  ₹70,000 during  Apple’s  Vijay  Day Sale.  

 The iPhone 15 is priced at ₹70,990 on Vijay Sales and the company is also offering a flat  price cut  of ₹3,000 on the smartphone, bringing the effective price down to ₹67,990. 

  Additionally,  iPhone 15 Plus, which was launched at a price of ₹89,990 just a few months ago, is now available at a discounted price of ₹79,990 and with  a discount of ₹3,000 on HDFC card,  the  actual  price of the smartphone  will go  down to ₹76,990.  Vijay Sales is also offering an exchange bonus  worth  ₹10,000 on the purchase of the smartphone  from  its physical stores. Apart from  iPhone,  the company  also  offers  discounts on other Apple products like  iPad, Macbook,  Apple  Watch,  and more.  

 iPhone 15 specifications: 

 iPhone 15 comes with  new Dynamic Island technology  that replaces  the traditional notch  on  iPhone 14 Pro and older iPhone models.  New enhancements give  users a more intuitive way to interact with their  iPhone.  

  While  the  screen  size remains  unchanged  at 6.1 inches, Apple has significantly  increased  the brightness to an impressive  2,000  nits, doubling the  capacity compared to the  previous  generation.  The standard iPhone 15  has  an  improved  camera system,  including  a 48 MP  main  camera with a  4-pixel  sensor and  100% focus pixels  for  fast  autofocus. It  uses  a  very high resolution  default  setting of 24 MP,  ensuring detailed and sharp images while  effectively  maintaining  image size. 

  Additionally,  iPhone 15  users  can  use  the 2x  telephoto  lens to  take  photos at 0.5x,  1x  and 2x zoom levels. The device introduces a new Smart HDR system and  automatic portrait photography  without the need  to switch modes manually.  

 For more  information,  visit at https://happenrecently.com/zepto/?amp=1

L&T wins Rs 1,040 cr contract for part of Bengaluru suburban rail project

By
Team Happen Recently
-

Larsen and Toubro was issued the Letter of Acceptance on Saturday for the design and construction of an elevated viaduct including associated works between Heelalige and Rajanukunte of Corridor-4 of the Bengaluru Suburban Rail project, officials said.

The contract price is Rs 1,040.51 crore including GST and the contract period is 30 months. The physical work is expected to commence shortly, they said.

In a statement, Karnataka’s Rail Infrastructure Development Company (K-RIDE) said, “Larsen and Toubro has been issued the Letter of Acceptance today for the design and construction of elevated viaduct of length 8.960 km and At-Grade of length 37.920 km (excluding station buildings) including associated works between Heelalige and Rajanukunte, on EPC (Engineering, Procurement and Construction) mode, in Corridor-4 or ‘Kanaka’ line of Bengaluru Suburban Railway Project (BSRP).” This contract also includes construction of a double decker alignment of 1.2 km length for BSRP Corridor-1 and Corridor-4 near Yelahanka, construction of a BSRP elevated viaduct of length 500 m below BMRCL (Bangalore Metro Rail Corporation Limited) viaduct near Benniganahalli, duly sharing right of way between BSRP and BMRCL. This is first of its kind in India, it said.

“Previously, the work of Corridor-2 (Chillabanawara to Baiyappanahalli for 25.2 km) was also awarded to L&T and the construction activities are going on in full swing. With the current tender award, total length of 72.08 km of civil work (elevated and at-grade for BSRP has been awarded, which is around 50 per cent of BSRP total project alignment. Corridor 2 and 4 were the phase-1 priority corridors as fixed by Government of Karnataka,” K-RIDE said.

Meanwhile, the tender for Corridor-1 and Corridor-3 will also be invited shortly, it added.

South Western Railways is in the advance stage of handing over the Railway land (115.5 acres) to Corridor-4 and is expected soon, the statement added.

For more information visit at https://happenrecently.com/zepto/?amp=1

India’s  foreign exchange  reserves  increase  by  a total of $58  billion  by  2023 

By
Team Happen Recently
-

According to the latest data released by the Reserve Bank of India,  India’s foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week  ended  December 22, 2023,  reaching  a 21-month  high . In calendar year 2023, the RBI added about $58 billion to its foreign exchange fund. 

 New Delhi [India], December 31: 

 According to  the latest data released by the Reserve Bank of  India,  India’s foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week  ended  December 22, 2023,  reaching  a 21-month  high .  In  calendar year 2023, the RBI added about  $58  billion to its foreign exchange  fund.  

 Last week, India’s foreign  exchange  assets (FCA), the  largest  component of  foreign exchange  reserves,  increased by $4.698  billion to  $549.747  billion,  according to  the central bank’s weekly statistical  data.  In 2022, India’s  foreign exchange currency fell by a total of $71 billion.  

  However, gold  reserves during the  week decreased  by  102 million  USD  to  474.74  billion USD.  

  Foreign exchange  reserves, or foreign exchange reserves  (foreign exchange  reserves), are assets  held by a  country’s  central bank or monetary authority. 

  It is  typically  held in reserve currencies,  typically  the US  dollar and  to a lesser  extent  the Euro, Japanese  Yen  and  British Pound.  

 Before last  week ending  December 15, India’s foreign exchange reserves increased by  $9.112  billion to  $615.971  billion.  In October 2021, the country’s foreign exchange reserves  reached  an all-time high of about  $645  billion. Much of the decline,  although not significant  on a cumulative basis, since then can be attributed to  rising prices  of imported goods in 2022. 

  Furthermore,  the relative  decline  in  foreign exchange  reserves  is  largely due to the RBI’s  occasional intervention  in the market to  hedge  the subsequent depreciation  of  the rupee against  the appreciation of the  US dollar. 

  In general,  the  RBI sometimes  intervenes in the market through liquidity management, including  selling  dollars, to avoid sharp depreciation  of  the rupee.  

 The RBI closely monitors the foreign exchange  market  and intervenes only to maintain orderly market conditions by  preventing  excessive volatility in  exchange  rates  without reference to  an established  target level or band.  Predefined.

 For more  information,  visit at https://happenrecently.com/zepto/?amp=1

“Experience Extravagance at : Vibha’s Picks & Mohsin’s Favorites Unveiled – RSVP for the New Year’s Bash, Entry Free!”

By
Team Happen Recently
-
East Point Mall

Rajveer Singh, the esteemed journalist, recently experienced an engaging rendezvous at the bustling East Point Mall, strategically located just opposite Kurla East Railway Station, Bus Terminus, and Auto Stand.

During an intimate interaction with influential personalities such as Vibha Narshana, Mohsin Qureshi, and other budding food connoisseurs amidst their pre-New Year shopping spree, Rajveer gained exclusive insights into the gastronomic delights awaiting visitors at the mall’s coveted food court.

A conglomerate of prominent influencers and emerging food bloggers lauded the epicurean adventures they encountered. Enthusiastically, they extolled the culinary prowess of East Point Mall’s food court, highlighting the culinary gems that titillated their taste buds.

Highlighted among the gastronomic treasures were the towering marvel, the “Burj Khalifa Burger,” the delectable “Stuffed Zucchini Roll,” the tantalizing “Chicken Supreme Pizza,” and the unconventional yet tantalizing “Non-Veg Dosa.” Completing this delectable journey was the aromatic South Indian coffee that left an indelible mark on their palates.

What distinguishes East Point Mall is its impressive ensemble of international retail and F&B giants such as McDonald’s, Burger King, KFC, Pizza Hut, Dominos, Haldirams, alongside a myriad of Indian Street Food Brands including Chalu Chinese, The Indian Momo Company, Tibb’s Frankie, Italia Food Court, Madrasi Kappi House, Dutch Waffles, Coolato Gelato, and many more. Noteworthy is the imminent arrival of a 4-screen Miniplex, a gaming zone, and a children’s play area, promising an all-encompassing experience.

The anticipation surrounding the mall’s upcoming New Year’s extravaganza has generated fervent excitement. With the announcement of a DJ party, live entertainment, exhilarating games, and giveaways worth thousands, it’s poised to be the ultimate celebration.

This vibrant event, orchestrated by Party and Travel – Partra, promises to be a magnet for several bloggers, enticed by the wide array of brands associated with East Point Mall’s diverse F&B landscape.

The dynamic entrepreneur, Vibha Narshana, founder of Partra (partyandtravel group), shared her views that this would be an exciting opportunity to conduct more meetups and party gatherings, considering its prime location close to BKC.

Developed by the illustrious Goel Ganga Group from Pune, stalwarts in the real estate domain for over four decades, East Point Mall stands as a testament to their vision and expertise.

With proximity to corporate hubs at BKC, catering to a plethora of tuition classes, and nestled amidst the residences in Kurla East, the mall radiates accessibility and convenience. Its status as a Swiggy and Zomato pickup-friendly locale further cements its appeal.

Stay connected for further updates as Rajveer Singh brings you the latest developments and exclusive insights from the heart of Mumbai’s vibrant tapestry at East Point Mall. For media coverage connect with us at 7710030004

Latest = https://happenrecently.com/sadda-punjab/

Beyond  the  numbers: How  artificial intelligence  is reshaping financial services 

By
Team Happen Recently
-

It seems that  AI is  revolutionising  not only the financial services  sector but also the  industry  in  many  areas.  

 By David Fellows 

 In  a  rapidly evolving  financial  services landscape,  the integration of artificial intelligence (AI) has  become  a transformative force, reshaping the way  organizations  operate, analyze  data  and serve  customers.  their  goods.  It is  clear  that the synergy between  advanced AI-based  technology and financial expertise is  pushing  the industry into a new era of efficiency,  innovation  and  customer centricity.  From core functions to broader operations, many  sectors  are  starting  to  benefit  from AI. 

  For  example,  in operational areas such as sales and human resources, AI  now  plays an important  role in predictive analytics, talent management, and  business strategy.  This widespread deployment ensures that we  take full advantage of  the  benefits  offered by AI,  making our processes smarter, faster and more data-driven. In areas such as lending, AI finds application in optimizing  the  loan approval  process.  By leveraging  data-driven  insights to assess  borrower  creditworthiness, AI  helps speed up the approval process,  ensuring  more  accurately  assessed  loan  approval throughput.  This not only  speeds up  service delivery but also  helps  mitigate some of the potential risks associated with lending. 

  AI-based  systems excel  at  detecting  irregular  and  anomalous patterns, thereby creating powerful  fraud detection solutions. By continuously learning from historical data,  AI-powered  solutions can adapt to  ever-evolving  fraud tactics, providing an  additional  layer of protection against cyber threats and  ensure  the integrity of financial transactions.  In the compliance  sector,  there  has been  a  notable increase  in  the use of  automation and artificial intelligence to monitor transactions, ensuring strict  compliance with  regulatory standards. Given the complex  regulatory  web  in which banks operate, these technology tools are essential, providing real-time monitoring and rapid reporting  of  any  irregularities. Additionally, in  investment banking, technology is reshaping  deal  sourcing,  structuring  and  execution.  Advanced analytics tools  provide  market insights,  support  more  accurate forecasting,  and  build  strategic approaches. These  widespread  technological  advances highlight  the  overall importance  and potential impact of the latest  banking innovations.  As  AI  advances,  different  aspects  of the  industry  will  certainly  benefit from  this  technology.  Automating  mundane tasks  that  will bring  efficiency  to organizations  will also  speed up some processes, benefiting  consumers.  It  will also  enable  financial services  firms  to allocate  their  resources more strategically, focusing on improving  core  customer  service  and  experience.  

  By prioritizing  business performance  for  management teams,  AI will become a valuable support tool  in  data-driven  decision making. With the availability of  AI-based  predictive  analytics,  it is now easier to evaluate progress  and ultimately achieve milestones and  KPIs.  By analyzing historical trends, market  conditions  and customer  behavior,  these systems can help  predict  future financial trends, helping organizations optimize investment strategies,  Loan approval  and  asset  management  plan to avoid risks.  This foresight contributes to  better decision making, reduces uncertainty  and  improves  overall  company  performance. 

  Artificial  intelligence  (AI) is revolutionizing not only the financial services  sector  but  also the  industry across  many sectors,  bringing greater  efficiency and  improving  customer  experience.

  While  leveraging AI’s  potential  for advanced data  analytics  and personalized services,  there is  general consensus that thoughtful regulation and oversight  will  be  needed  to control such powerful technology. Given the power of this new  technology,  regulation should seek to ensure  the measured development  of AI  technology  in the financial sector, prioritizing both innovation and  responsible handling of data security  as well as Ethical  considerations.  In  short,  it  must be recognized  that as we  move towards integrating artificial intelligence into  financial services, our commitment to ethics and security must remain  strong.  Even at this relatively early stage, the potential  for  AI to  drive  innovation is undeniable,  but  this should not overshadow the  important  responsibilities we  face. Adherence to strict  ethical standards and  strong  security measures is not just a  preventative measure,  but a fundamental aspect of  the development of  this  technology.  As we navigate this new era, it is our  shared  responsibility to ensure that  advances in  AI  happen  within a framework of integrity and trust,  ensuring  a future where innovation is  more than just network  but also  dedicated  and safe. 

  For more  information,  visit at https://happenrecently.com/zepto/?amp=1

Rajveer Singh’s Culinary Voyage at Sadda Punjab Restaurant, Navi Mumbai.

By
Team Happen Recently
-
Sadda Punjab

Rajveer Singh, the intrepid journalist known for his keen eye for gastronomic excellence, embarked on an exquisite culinary journey at Sadda Punjab Restaurant, nestled a mere 5 minutes away from Belapur railway station in Navi Mumbai.

Diving into the heart of Punjab’s flavors, array of delectable dishes meticulously curated by the culinary maestro Chef Mohan Singh. The spotlight shone brightly on the Golden Fried Prawns, each bite a symphony of crispy perfection and tantalizing spices. The succulent Mutton Chaap left an indelible mark, a testament to the restaurant’s dedication to authentic taste.

Engaging with the passionate staff, including the seasoned Manager Sujit Saha and the amiable server Nasib Kumar, Rajveer gleaned insights into the establishment’s commitment to delivering a true taste of Punjab in every dish.

Sadda Punjab Restaurant’s culinary prowess extended beyond meat dishes, showcasing the exquisite Angara Murg Tikka, Bhatti Saahab’s favorite Kebab, Paneer Hariyali Tikka, and the tantalizing Tandoori Chatpata Aloo, each dish a tribute to Punjab’s rich culinary heritage.

Adding a refreshing touch were the tantalizing mocktails – the Beach Day, Cosmopolitan Delight, Mojito, and Margarita – elevating the dining experience to a symphony of flavors and vibrant colors.

Speaking about the ambience ambiance and flavors of Sadda Punjab, he experienced firsthand the meticulous craftsmanship and passion infused into every dish, making it a gastronomic haven for Punjab cuisine enthusiasts. His encounter at the restaurant was a testament to the meticulous dedication of the team in crafting an authentic and memorable dining experience.

Sadda Punjab Restaurant, under the culinary guidance of Chef Mohan Singh and the management led by Sujit Saha, stands as a testament to the fusion of flavors, creating a symphony of taste that resonates with every diner.

Stay tuned to TimesNowBusiness.com for more insightful culinary expeditions by Rajveer Singh, unraveling the tapestry of flavors from around the globe.

For media coverage on this platform connect with Rajveer Singh at +917710030004

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