It has done so from ChrysCapital, Credit Suisse and the group promoters to expand finance to retail and corporate customers as it gears up to become a complete financial services provider in the country’s fast expanding organised credit business. It has received private equity firm ChrysCapital Advisors’ investment of Rs 570 Cr and Credit Suisse has brought in Rs 132 Cr.
This will allow ItzCash to issue Visa branded payment instruments, acquire merchant transactions with mVisa, as well as offer Visa Direct for real-time P2P payments and money transfers, and other services. The company says that it is the first non-bank institution to get direct membership with Visa.
It will do so through an MoU under which the Company will train over 30,000 individuals/Uber partner-drivers in safe-driving over a period of 3 years. The initiative is aimed at providing aspiring commercial drivers with micro-entrepreneurship opportunities and equipping them with the skill to operate on the Uber platform.
It will do so through issue of non-convertible debentures to fund various activities, including acquisitions. The company is seeking nod from shareholders to approve the matter at its annual general meeting to be held on September 29.
Ortel’s existing wireline customers can use their accounts at hot spots without paying any additional charge. The company has 19 towns where public wifi hot spots are installed. Ortel primarily operates in eastern states and has bigger presence in Buhbaneshwar, Odisha.
The iPhone 6s Plus 128GB got a massive price-cut of Rs 22,000 and is now selling at Rs 70,000. The iPhone 6s 128GB which was available at Rs 82,000 has been brought down to Rs 60,000. iPhone SE 64GB will be available at Rs 44,000.
It has done so with addition of over 10,000 stores under its ‘I Have Space’ programme, taking the total to 12,500. The expansion will enable Amazon.in to efficiently manage deliveries across 22 states and union territories this festive season.
Both companies had sent in their definitive proposal in June for regulatory approval. Both RCOM and Aircel had originally entered into talks in December last year. In March RCOM extended the exclusivity period of discussions with Aircel by 60 days.
It is up by 9.8% from 35.4 mn connections in the corresponding quarter last year. When compared to the previous quarter, RCOM’s subscriber base growth remains flat at 38.9 mn mobile Internet connections. As RCOM makes the mandatory switch from CDMA to 4G, the company reported total customer base of 99.9 mn at the end of Q1FY17.
It has done so saying these ports will be sufficient to support 15 million customers of the new operator. Reliance Jio-which commercially launched its services on September 5-has accused incumbent players of not releasing sufficient inter-connection ports and had sought legal action against them.