Morning Scan: Jio's Expected Tariff Hike; ICICI Bank's New Trading Platform & More

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Morning Scan: Jio's Expected Tariff Hike; ICICI Bank's New Trading Platform & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- Reliance Industries (NS: RELI ): Telcos Bharti Airtel (NS: BRTI ) and Vodafone Idea (NS: VODA ) have announced to hike their prepaid tariffs by 20-25%, and Reliance Jio is expected to do the same. Furthermore, the bond credit rating company Moody’s has clarified on Tuesday that RIL’s decision to not go ahead with the $15 billion deal with global oil giant Saudi Aramco (SE: 2222 ) is not going to affect the credit quality of the Mumbai-based conglomerate.

Coal India (NS: COAL ): The company’s Board meeting is scheduled on November 29 for consideration and approval of payment of interim dividend for 2021-22, if any.

Bharti Airtel: The rating outlook of the Sunil Mittal-led telco and its subsidiary Bharti Airtel Int'l (Netherlands) B.V. have been revised from ‘stable’ to ‘positive’ by Moody’s, reflecting growth and improvement in the operating performance and credit metrics of the telecom major. 

ICICI Bank (NS: ICBK ): The private lender has launched its online trading platform called 'Trade Emerge’, which offers digital banking and value-added services to exporters and importers across the country. It includes services like current, saving account offerings, trade services, digital solutions, foreign exchange solutions, payment, collection solutions and credit cards.

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