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Arpit Sharma June 18th, 2018 4:01 PM 3 COMMENTS

WhatsApp Payments Service to Be Launched in Few Weeks After 1 Million Users Complete Testing

WhatsApp’s newly launched payment services are being tested by over one million users in India. The Facebook-owned company is working hand in hand with numerous banks, the government and the NPCI to expand its payment operations in the country. The UPI based payment service which will come with the addition of chatting and social media will be in direct competition with the apps like Google Tez and Paytm. The service... Read More

Arpit Sharma June 18th, 2018 1:16 PM 4 COMMENTS

Aircel and RCom Distributors in Distress as Telcos Delay Repayment

After the debt-ridden telecom giants, Aircel and Reliance Communications (RCom) hit the wall of poor financials, distributors of these telcos have alleged that they have not been paid appropriately and the payment that they have received is a fraction of what the original dues are. The Anil Ambani led telco has asked its distributors to wait for a couple of weeks while the company hastens the process of settlement. On... Read More

Chakri K June 17th, 2018 6:09 PM 37 COMMENTS

DoT Likely to Grant Clearance to Idea-Vodafone Merger Tomorrow

The Department of Telecommunications is likely to approve the Vodafone India and Idea Cellular merger on Monday, as per a new report. The newly formed entity which will be known as Vodafone Idea Ltd will be the biggest telco of the country. An official source from PTI said "DoT is expected to clear the Vodafone-Idea merger on Monday. The certificate will be handed to them.” The combined entity after the... Read More

Chakri K June 15th, 2018 1:56 PM 1 COMMENTS

Samsung Launches the Sunrise Gold Edition of Galaxy S9+ in India at Rs 68,900

Alongside refreshing its television lineup in India, Samsung also announced a new colour variant of its flagship smartphone, the Galaxy S9+. Dubbed as the Sunrise Gold Edition, the new variant comes with 128GB of internal storage and Rs 68,900 price tag. Samsung is already selling three colour variants of the Galaxy S9+: Midnight Black, Coral Blue and Lilac Purple. This is the first colour variant introduced by Samsung since the... Read More

Chakri K June 14th, 2018 7:56 PM 2 COMMENTS

OnePlus 6 Crosses 1 Million Sales Globally Within 22 Days of Launch

OnePlus is having a great outing with its latest flagship smartphone, the OnePlus 6. After registering Rs 100 crore revenues in 24 hours, OnePlus has now stated that it sold more than one million units of the OnePlus 6 globally. And that too in a matter of just 22 days of launch. OnePlus also termed the OnePlus 6 as its fastest selling smartphone since the company's inception in 2013. Before... Read More

Arpit Sharma June 14th, 2018 7:21 PM 16 COMMENTS

Reliance Jio to Raise Rs 2,000 Crore from Bonds for 4G Expansion

Reliance Jio Infocomm is opting for the way of Bonds to raise about Rs 2,000 crore. This move came after Reserve Bank of India made an escalation to the policy rate for the first time in more than four years last week. This info came from multiple market insiders. The company conveyed the information through a dedicated communique to qualified institutional buyers via stock exchanges that the bonds would have... Read More

Arpit Sharma June 13th, 2018 6:19 PM 30 COMMENTS

RCom Lays off 94% Employees Citing Hyper Competition as Reason for Poor Finances

Reliance Communications, the Anil Ambani led telco which was on the verge of bankruptcy a few days ago has declared that it is in a financial soup and is surrounded by capex troubles, hyper-competition and endless problems as a result of which, it has brought down the count of its employees from 52,000 to 3,400. This number is a massive lay off of 94%. The telco agreed to the statement... Read More

Arpit Sharma June 13th, 2018 1:14 PM 7 COMMENTS

DoT Directs Telcos to Issue New SIM Cards Using Virtual IDs Generated Via Aadhaar

The Unique Identification Authority of India (UIDAI) has proposed a new form of verification which is being called a Virtual ID. Besides Aadhaar number, starting July 1, consumers will also be able to use their virtual IDs to issue a new SIM or to re-verify their old numbers. Other ways of verifications which the authorities can make use of includes the limited KYC (Know your Customer) way, in which only... Read More

Chakri K June 13th, 2018 12:27 PM 22 COMMENTS

Bharti Airtel to Pilot Broadband Experience Centres With 100 Mbps Connectivity

Bharti Airtel today announced its partnership with Department of Telecommunications (DoT) to boost broadband penetration in rural India by piloting Broadband Experience Centres riding on BharatNet infrastructure. As part of the partnership, Airtel has already set up three Broadband Experience Centres in three villages pertaining to Ghazipur, Gorakhpur and Varanasi districts of Uttar Pradesh. Airtel has already committed to partner with BharatNet in up to 30,500 Gram Panchayats. These centres... Read More

Arpit Sharma June 6th, 2018 11:44 AM 0 COMMENTS

WhatsApp Pay Broader Rollout Under Scanner as Facebook Battles Privacy Concerns

WhatsApp was expected to make its payments service open to its 200 million users in India this week. However, it is now said that WhatsApp's parent company Facebook is battling various privacy concerns related to the service such as how the data will be stored and shared. According to a new report by ET, it's unknown when the WhatsApp Payments service will be opened to all the users in the... Read More

Arpit Sharma June 2nd, 2018 2:33 PM 2 COMMENTS

WhatsApp Payments Under RBI Scrutiny After NPCI Assigned to Check Compliance

WhatsApp will be vetted before it rolls out its payment service in India, as the ministry of electronics and IT has directed National Payment Corporation of India (NPCI) to check whether or not WhatsApp Payment’s methods are adhering to the guidelines set by the RBI for data security. An official source said, "MeitY has asked NPCI to check if WhatsApp Payments is working in conformation with RBI permissions, where is... Read More

Chakri K June 1st, 2018 1:00 PM 3 COMMENTS

BHIM, RuPay and SBI Indian Digital Payment Apps Go International

Prime Minister Narendra Modi, who is currently touring Singapore has announced the launch of three Indian mobile payments app in the country. At the 'Business, Innovation and Community Event' in Singapore, PM Modi launched India's payments apps- BHIM, RuPay and SBI, which is the government's first attempt at making the three services internationalisation. The main theme of the event was about Digital Platform, and it won't get any better for... Read More