deposit

Last Updated: August 18, 2022, 16:00 ISTBoom Supersonic Overture Aircraft (Photo: AP)American airline took 40 more Boom Overture planes, it became the second U.S. customer for Boom after United Airlines which ordered 15 jets last yearAmerican Airlines has agreed to buy up to 20 supersonic jets and put down a non-refundable deposit on the planes that are still on the drawing board and years away from flying. Neither American nor the manufacturer Boom Supersonic would provide financial details Tuesday, including the amount…

The future of civilian commercial supersonic travel looks a bit firmer today after American Airlines and Boom Supersonic signed an agreement for the airline to put down a non-returnable deposit towards the purchase of 20 Overture supersonic aircraft, with the option for an additional 40.Though it made its last service flight in 2003, the famous Anglo-French Concorde supersonic airliner's fate was sealed almost as soon as it entered service in 1973. Though over 100 orders were filed with the British Aircraft…

United Airlines Holdings Inc. UAL 2.35% has paid a $10 million deposit for 100 electric flying taxis, a sign that the airline is growing more confident in the nascent technology.United and a regional airline it partners with last year invested in Archer Aviation Inc. ACHR -3.20% and struck a preliminary agreement to buy up to 200 of the flying taxis that the San Francisco Bay Area-based company is developing. Other…

US banking regulators have ordered crypto firm Voyager Digital to cease and desist from making "false and misleading" claims that its customers' funds were protected by the government. The Federal Reserve and the Federal Deposit Insurance Corp (FDIC) sent a letter to the firm on Thursday, stating they believed that Voyager had misled customers by claiming their funds with the company would be covered by the FDIC. A company spokesman did not immediately respond to a request for comment. The regulators said the company,…

Airtel is offering the Xstream Box to its broadband customers at a refundable security deposit of Rs. 1,500. The new development comes just a couple of months after the telco provided its Android-based set-top box (STB) to One Airtel plan subscribers under a complimentary offer. In addition to broadband users, the regular Airtel Thanks app users have also been provided the Xstream Box at a discounted price of Rs. 2,249. This is down from the existing price of Rs. 3,639. The latest promotional offers would help Airtel…

SoFiSoFi announced Tuesday that it's increasing the annual percentage yield (APY) of its checking and savings account for direct deposit members by 30 basis points (or 0.30%). The new 1.80% APY is much higher than the national average of 0.10%. For members who don't use direct deposit, the APY on accounts is 1.00%.In addition to the increased interest rates, SoFi is offering new members a limited-time bonus for signing up. New members will get up to $300 when they create an account and set up direct deposit. Existing…

Reliance Jio announced new Postpaid Plus service recently, with plans ranging from Rs. 399 to Rs. 1,499. These plans offer subscribers with unlimited talk time benefits, data roll over facility, and even family add-on SIM facility. Fine print on the TRAI website reveals that customers who subscribe to these plans will have to shell out a security deposit, with the highest being for the Jio Postpaid Plus Rs. 1,499 plan, which requires a security deposit of Rs. 1,800.Jio Postpaid plans security depositJio has introduced…

India's largest telecom operator Reliance Jio Infocomm has submitted earnest money deposit (EMD) of Rs. 14,000 crore ahead of its participation in 5G auction, while Bharti Airtel has put in Rs. 5,500 crore. Vodafone Idea has put in an EMD of Rs. 2,200 crore. According to the list of pre-qualified bidders posted on the telecom department's website, the EMD amount of Adani Data Networks stands at Rs. 100 crore. With its EMD at Rs. 14,000 crore, the eligibility points assigned to Jio for the auction stand at 1,59,830, the…

Realme Smart TV is all set to launch in India on May 25, and ahead of that, the company has begun taking blind orders for the device. These customers are ensured a 100 percent chance of buying the Realme Smart TV, and will get a coupon of Rs. 500 as well. These coupons can be used to buy anything from Realme.com before June 30. The Realme Smart TV is teased to offer a bezel-less design, and come with a chroma boost picture engine that enables 400 nits of brightness.The company has announced a Blind Order sale for the…

Reliance Jio is looking to introduce JioFiber postpaid plans for the Indian subscribers soon. These plans are not reflecting on the company's website yet, but are said to be launching on Thursday, June 17. The new postpaid plans are said to start from as low as Rs. 399 per month and JioFiber is expected to offer aggressively priced six-month and 12-month options alongside. Reliance Jio will also not charge JioFiber postpaid users for installation or a security deposit of the internet setup.The new JioFiber postpaid plans…