"bank" | TelecomTalk

Home
You are Seaching for: " bank"

Rudradeep Biswas April 25th, 2018 6:49 PM 46 COMMENTS

Xiaomi Caps Net Profit Margin Earned from Hardware to a Maximum of 5% Forever

Xiaomi's aggressive pricing strategy has always caught the attention of the media and consumers alike. In an interesting move, Xiaomi today announced that it's permanently limiting the net profit margin earned via hardware sales including smartphones, IoT and lifestyle products to a maximum of 5% after tax. Now this move will sound like a lot, but the company has been doing the same for years now. In the past as... Read More

Chakri K April 25th, 2018 4:52 PM 0 COMMENTS

Google Makes Drastic Changes to Gmail, Incurs Heavy Expenditure as a Result

Google is rolling out a new update to Gmail and has been dropping constant hints about the same. This new update which has been a very expensive affair on Google’s part comes many years after the last revamp which was done in 2013. Since a very long time, there has been no update to the Gmail’s UI or its related app. However, this time Google is gearing up for a... Read More

Rudradeep Biswas April 24th, 2018 10:57 AM 18 COMMENTS

Aircel Directed by Trai to Refund Security Deposits of Users

Trai is again tightening the noose on Aircel’s working. This time the regulator has asked the already bankrupt company to refund security deposits of all postpaid subscribers and to submit a compliance report by May 10. Besides that, the telecom company has also been guided to compile a list of all the customers who have ported to another network along with the unspent balance of these customers. To accomplish this... Read More

Rudradeep Biswas April 23rd, 2018 11:23 AM 5 COMMENTS

Walmart to Buy Majority Stake in Flipkart for More Than $12 Billion

Numerous reports in recent times stated that Walmart is looking to buy a majority stake in India's leading e-commerce portal Flipkart. Today, a new report published by Bloomberg cites that Walmart is close to finalising the deal of acquiring a major stake in Flipkart for at least $12 billion. The necessary agreements for the same will be completed in the next two weeks, as per the people familiar with the... Read More

Chakri K April 21st, 2018 1:41 PM 7 COMMENTS

Samsung Galaxy C7 Pro Price Slashed in India to Rs 22,400

Samsung has slashed the price of its mid-range Galaxy C7 Pro smartphone in India to Rs 22,400. The smartphone is currently available on Amazon and retail stores in the country. While the price drop has already been effective in retail stores, Amazon is still selling the device at the earlier price of Rs 24,900. However, the e-commerce portal is expected to make the new price effective by the end of... Read More

Chakri K April 18th, 2018 10:36 AM 4 COMMENTS

Aircel Lenders Looking to Restart Mobile Business With New Investors

Last month Aircel India filed for bankruptcy, but it seems the firm may yet revive again. Aircel’s committee of creditors is considering an option to restart the company’s mobile phone operations in few select circles and looking for funding from investors other than promoters, sources familiar with the matter told ET. A person attending the meeting of that Aircel’s committee of creditors (CoC) said they are already in discussions as... Read More

Rudradeep Biswas April 16th, 2018 1:36 PM 23 COMMENTS

Bharti Airtel Added 3.2 Million Aircel Customers in Tamil Nadu

Leading telecom operator Bharti Airtel has managed to grab 3.2 million Aircel customers in Tamil Nadu since the latter's struggles in the market. While Airtel managed to grab a large number of Aircel subscribers, state-tun teleco Bharat Sanchar Nigam Limited (BSNL) added over 8 lakh Aircel subscribers. Vodafone India has reportedly added 2.7 million Aircel subscribers on to its growing subscribing list. Aircel has over 80 million subscribers in the... Read More

Chakri K April 15th, 2018 5:14 PM 19 COMMENTS

WhatsApp Request Money Feature Goes Live for Some Android Beta Users

The popular instant messaging app, WhatsApp recently launched UPI enabled payments feature in India. The feature introduced money transfer services allowing users to send and receive money from contacts and UPI addresses. Now it appears the Facebook-owned company is working on introducing a new feature. Lately, some WhatsApp users are noticing a new feature that lets them request money from their friends and family. There is a new “Request Money”... Read More

Chakri K April 14th, 2018 3:43 PM 38 COMMENTS

BHIM UPI in a Run Against Google Tez, Introduces New Cashback Offers for Users and Merchants

In the growing sector of fin-tech and UPI apps, BHIM, which is the official UPI app by the government is trying to make its position on the top by providing cashback to the users and merchants. Previously, BHIM app extended its offer of cashback for the merchants to March 31, 2018. Now after Ministry of Electronics and IT (MeitY) has decided that new users are also going to get a... Read More

Chakri K April 14th, 2018 11:41 AM 50 COMMENTS

DoT Asks Vodafone India and Idea Cellular to Clear the Pending Rs 19,000 Crore Dues Before Merger

The much anticipated Vodafone India and Idea Cellular merger seems to have hit a major roadblock. As a pre-condition for clearing their mega-merger, the Department of Telecom (DoT) is likely to ask Vodafone and Idea to collectively clear dues of nearly $3 billion or Rs 18,870 crore relating to a mix of pending licence fees, spectrum usage charges (SUC) and one-time spectrum charges (OTSC), reports Economic Times. Vodafone India’s licence... Read More

Rudradeep Biswas April 14th, 2018 11:00 AM 23 COMMENTS

Reliance Jio Raises $500 Million via Samurai Term Loan and Rs 2,500 Crore via Domestic Bonds

Reliance Jio Infocomm (RJIL), the child company of Reliance Industries, has signed a JPY 53.5 Billion ($500 Million) Samurai Term Loan with seven-year bullet maturity (the “Facility”). The Facility is guaranteed by Reliance Industries Limited and will be used for funding RJIL’s ongoing capital expenditure. This deal represents the largest Samurai loan for an Asian corporate. The Facility has been fully underwritten by Mizuho Bank, Ltd., MUFG Bank, Ltd. and... Read More

Chakri K April 11th, 2018 11:30 AM 8 COMMENTS

Apple’s Latest 9.7-inch iPad Model is Now Up for Pre-Order in India

A while back, Apple introduced its 2018 9.7-inch iPad model at the Creative Education event along with the pricing and availability details. During the same event, Apple also confirmed that the new iPad would be heading to the Indian market in April and Apple Authorised Resellers can sell the product. Today, e-commerce giant Flipkart has opened the pre-orders for the 9.7-inch iPad. The price of the iPad starts from Rs... Read More