Go First on ground, airfares may take off

It is not clear whether people who had already booked tickets of Go First will get refunds

Here are the top personal finance news of the day.

If you are confused which mobile number or email id you had linked with your Aadhaar card, you can now go on UIDAI’s website or its app, click on ‘Verify email or mobile Number’. Enter your number or email id and the website will display the phone number or e-mail id linked with your Aadhaar card. So, you will be able to check which phone number or the email id you had linked with your Aadhaar. If you have forgotten your number, then, only last four digits of your number will be displayed on the website. It will help you figure out which number you had linked with your Aadhaar. With the latest  feature  of UIDAI, you will be only able to check which phone number is linked. If you want To link a new number with ,then, you will have to visit nearest Aadhaar centre.

Bank statement at Airtel banking point
Another news on Aadhaar. Airtel Payments Bank customers can now access account balance and mini-statement of their bank account on banking points of the payments bank. These banking points are installed at 5 lakh locations across the country. Customers will just have to enter Aadhaar number or show their face in front of the screen on the machine kept at the banking point to access these two services. Currently, they will be able to access only non- financial services at these banking points. Later on, Airtel Payments Bank will allow customers to access financial services as well. This technology is known as AePS or (Aadhaar-enabled Payment System.

Airfares may rise on Go First troubles
Travel agents’ group, TAAI, said on Wednesday that airfares could rise on certain routes in the country. After Go First grounded its flights, it could reduce capacity and could push airfares in the country. Go First is facing an acute financial crunch. The travel agents’ group TAAI said airline industry is a fragile industry. Airfares have shot up more than 2-fold in last two years. Due to recent correction in international crude oil prices, it was expected that airlines could reduce airfares.

Go First refunds under cloud
Continuing with Travel agents’ group, TAAI’s observation on the Go First debacle. The travel agent has said it is not clear whether people who had already booked tickets of Go First will get refunds.  But if the airline goes into insolvency, the rules are different. Meanwhile, NCLT will hear the airline’s insolvency plea on May 5

Google teaser on Pixel 7a
Google has tweeted a teaser in which it has said that it will launch mid range smartphone Pixel 7a on May 11. According to what is visible in the teaser,  Pixel 7a back camera will have a different design than that of Pixel 6a. According to various tech websites, Pixel 7a will sport 6.1 inch OLED screen, 8GB RAM, 64 mega pixel camera, 12 mega pixel front camera and wireless charging. According to 91mobiles.com, the smartphone will cost 45,990 rupees in India.  It will be first available on Flipkart.

Titan to pay Rs 10/share
Titan has recommended dividend of 10 rupees per share for FY23. shareholders. The dividend will be paid on or after 7th day of 39th AGM of the jewellery firm. In FY23 Titan will be paying more dividend than the preceding quarter. Titan reported 50% year on year jump in March quarter profit to 734 crore rupees. While, total revenue has increased to 9,704 crore rupees. Titan has also reported considerable jump in revenue from jewellery segment on back on strong wedding season. On Wednesday, the scrip closed at 2,654 rupees per share.

Fincare refiles IPO papers
Fincare Small Finance Bank has refiled its IPO papers with Sebi. The capital markets regulator had earlier asked the small finance bank to refile IPO papers after updating some information in FY 23 financials. Fincare has initially filed for IPO in 2021. The initial share sale process comprises  fresh issue of equity shares of up to 625 crore rupees and rest being an offer for sale. promoter Fincare Business Services Ltd will also be selling stake via the OFS.

NSE issues dabba advisory
The NSE has cautioned investors against two persons for dabba trading. These two persons were giving guarantee of returns to investors. The two persons are Suresh Jani and Vishnu Darak. They were providing dabba or illegal trading platforms, promising assured returns. Dabba trading allows people to trade in equities outside the stock exchange platform. One of these persons, Darak was offering to handle trading accounts of clients by asking them to share their user ID and password.

Tata Play gets nod for IPO
Tata Play, formerly known as Tata Sky has received Sebi’s approval for its IPO. Tata Play can float its IPO in next one and half years. SEBI has also given approval to drone maker ideaForge Technology to float its IPO. The public issue comprises  fresh issue of equity shares of 300 crore rupees and rest being OFS. The  drone maker will use IPO proceeds to cut down on its debt and fund its capex. Mumbai-based  ideaForge Technology was founded in 2007. It boasts of having most number of UAVs or Unmanned Aerial Vehicles in the country.

EPFO extends deadline
Retirement fund body EPFO has extended the date for filing applications to opt for a higher pension till June 26, 2023. Employees can download the joint option application form online on EPFO’s website. Till now, more than 12 lakh employees have filed applications to receive higher pension from their EPS account. Deadline extension will enable all eligible persons to file their applications. Plus, it will also throw open larger window of opportunity to more number of employees.

Published: May 4, 2023, 08:00 IST
Exit mobile version