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Jio adds most subscribers in April; Airtel, VIL lose

NEW DELHI: Continuing its growth trend, Reliance Jio added around 80.82 lakh subscribers in April, showed data released by the Telecom Regulatory Authority of India (TRAI) on Monday. Jio’s subscriber base stood at around 31.48 crore at the end of April, it said. State-run BSNL was the only other gainer with over 2.28 lakh new subscribers taking its total tally to around 11.59 crore. The total number of wireless subscribers (GSM, CDMA and LTE) increased 0.04 per cent from 116.18 crore in March to 116.23 crore at the end of April. “The wireless subscription in urban areas increased from 650.49 million (65.04 crore) at the end of March 2019 to 652.35 million (65.23 crore) at the end of April 2019. However, in the rural area, it declined from 511.32 million (51.13 crore) to 509.95 million (50.99 crore) during the month. IANS

After Dubai, UrbanClap arrives in Abu Dhabi

NEW DELHI: Services platform UrbanClap on Monday launched its one-demand home services in Abu Dhabi — the second city in the United Arab Emirates (UAE) after entering Dubai last year. With the launch in Abu Dhabi, UrbanClap now provides its services across 10 cities in India and 2 cities in the UAE, the company said in a statement. Founded in 2014, the company plans to initiate operations in Abu Dhabi with over 20 service partners by offering five services — deep cleaning, maid, pest control, handymen and AC servicing and repair, with home painting and packers and movers to be added soon. “Abu Dhabi has a large pool of service professionals available who are not yet online. This is a huge opportunity for UrbanClap to explore the market and tap into this latent talent and enable them to be independent micro-entrepreneurs in the coming five years,” said Abhiraj Bhal co-founder of UrbanClap. IANS

UAE’s LuLu Group to explore investment opportunities in HP

SHIMLA: Accepting Himachal Pradesh Chief Minister Jai Ram Thakur’s invitation to explore investment opportunities in the state, United Arab Emirates based LuLu Group International has decided to send a team to traverse the areas of collaboration. The company’s chairman and managing director M A Yusuf Ali said, “his Group will explore possibilities in fruit processing and procurement and small shopping malls as per the demand of the state.” Chief Minister Jai Ram Thakur on Sunday held a meeting with Yusuf Ali to discuss the investment opportunities that can be explored in tourism and hospitality sectors in the hilly state.Chief Minister invited the group, a chain of hypermarkets and retail companies, to invest in shopping malls and hypermarkets in tourist destinations like Shimla, Manali and Dharamshala along with the state’s industrial hubs. UNI

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Private sector investment rate may decline: Kotak report

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