Tag: Yahoo Finance

UPDATE 10-Besieged Hong Kong campus protesters seek escape routes

Anti-government protesters holed up in a Hong Kong university searched for escape routes on Tuesday after more than two days of clashes with police, dramatic breakouts by rope and motorcycle and more than 1,000 arrests in 24 hours. About 100 protesters were trapped in the Polytechnic University a day after students, some tired and fearful of police storming the campus, tried again and again to flee, only to be beaten back by police firing rubber bullets, water cannon and tear gas....

Vodafone Idea, Bharti Rally on Plan to Increase Mobile Tariffs

(Bloomberg) -- Shares of Vodafone Idea Ltd. and rival Bharti Airtel Ltd. rallied after the wireless carriers said they planned to raise tariffs starting next month, the first increase since the entry of billionaire Mukesh Ambani into India’s telecommunications market three years ago triggered a price war.Vodafone Idea surged as much as 21% in Mumbai on Tuesday, while Bharti Airtel jumped 5.8%.“Mobile data charges in India are by far the cheapest in the world even as the demand for mobile data services continues to grow rapidly,” Vodafone Idea, formed by the merger of Vodafone Group Plc’s local unit with billionaire Kumar Mangalam Birla’s Idea Cellular Ltd., said in a statement late Monday. Higher rates will become effective Dec. 1, it said.Separately, a Vodafone Idea spokesman declined to disclose details about the possible tariff increase and plan details. The move comes after the wireless carrier reported the worst quarterly loss in Indian...