Reliance Capital arm launches mobile-based payment system
August 9th, 2012 - 9:07 pm ICT by IANS
Mumbai, Aug 9 (IANS) Reliance Capital Asset Management (RCAM), a unit of Reliance Capital, Thursday launched a mobile-based service for mutual fund investment in partnership with HSBC.RCAM is the first ... Read more...
Posted in Business |
Need to shift from cash to electronic payment: Subbarao
August 3rd, 2012 - 7:35 pm ICT by IANS
Hyderabad, Aug 3 (IANS) Reserve Bank of India Governor D. Subbarao Friday stressed the need for transforming India into a less cash-handling society like other emerging economies through innovation in ... Read more...
Posted in Business |
Content aimed at rural masses can make MVAS a $10 bn industry
July 8th, 2012 - 1:19 pm ICT by IANS
New Delhi, July 8 (IANS) The mobile value added services (MVAS) business in India is in need of a paradigm shift and generation of regional content aimed at rural masses ... Read more...
Posted in Entertainment |
Federal Bank to sell Bangalore metro rail tickets
May 29th, 2012 - 12:09 am ICT by IANS
Bangalore, May 28 (IANS) Leading private sector bank Federal Bank Ltd Monday tied up with the state-run Bangalore Metro Rail Corporation Ltd (BMRCL) for automatic fare collection at 13 ... Read more...
Posted in Business |
Airtel, Axis Bank join hands for mobile banking
May 16th, 2012 - 9:56 pm ICT by IANS
New Delhi, May 16 (IANS) Telecom company Bharti Airtel Wednesday said its subsidiary, Airtel mCommerce Services, and Axis Bank have partnered to offer banking and payment services, especially to India's ... Read more...
Posted in Sci-Tech |
TRAI issues guidelines for mobile banking services
April 18th, 2012 - 12:30 am ICT by IANS
New Delhi, April 17 (IANS) Releasing its Mobile Banking Regulations 2012, the Telecom Regulatory Authority of India (TRAI) Tuesday said the service providers will have to facilitate banks to use ... Read more...
Posted in Business |
Federal Bank to open 100 branches in a single day
March 6th, 2012 - 8:32 pm ICT by IANS
Mumbai, March 6 (IANS) Kerala-based Federal Bank would expand its footprint opening 100 more branches on a single day, March 10, across India, taking the total branch network to 938, ... Read more...
Posted in Business |
Low-cost smartphones whet Indian appetite for mobile apps
March 4th, 2012 - 4:33 pm ICT by IANS
New Delhi, March 4 (IANS) Be it playing Angry Bird or watching movies on the go, a rise in the number of low-cost smartphones has enabled young Indians to access ... Read more...
Posted in Sci-Tech |
Bharti Airtel launches 3.75G in Zambia
January 17th, 2012 - 8:03 pm ICT by IANS
Lusaka, Jan 17 (IANS) Bharti Airtel Tuesday launched its 3.75G platform in Zambia, enabling customers to experience high speed mobile broadband access and make video calls and watch television live.
... Read more...
Posted in Business |
Data, not voice, will now drive telecom growth: Report
December 13th, 2011 - 11:30 am ICT by IANS
New Delhi, Dec 13 (IANS) Value-added services like mobile banking will drive the growth of India's booming telecom sector in the next phase, with the market for such offerings ... Read more...
Posted in Uncategorized |
Vodafone, HDFC Bank launch mobile banking in Rajasthan
November 26th, 2011 - 8:10 pm ICT by IANS
Chomu (Rajasthanr), Nov 26 (IANS) Leading telecom service provider Vodafone India and private lender HDFC Bank Saturday launched "m-paisa", a mobile banking service in Rajasthan to enable millions of ... Read more...
Posted in Business |
Airtel launches 3G services in Congo
October 25th, 2011 - 8:08 pm ICT by IANS
New Delhi, Oct 25 (IANS) Telecom service provider Airtel Tuesday said it has launched its third generation (3G) mobile telephony service in Congo."Today's launch follows the successful application and issuance ... Read more...
Posted in Sci-Tech |
Cash subsidies for cooking gas, kerosene, fertilisers
July 5th, 2011 - 7:07 pm ICT by IANS
New Delhi, July 5 (IANS) To plug leakages in the subsidy system, the government will soon provide cash through banks and ATMs directly to the beneficiaries in lieu of ... Read more...
Posted in Business |
UCO Bank expects Rs.245,000 crore business in 2010-11
April 25th, 2011 - 5:16 pm ICT by IANS
Kolkata, April 25 (IANS) Public sector UCO Bank expects to show a total business of more than Rs.245,000 crore in the fiscal year 2010-11, a senior bank official said Monday."The ... Read more...
Posted in Business |
Reliance Communications launches mobile banking with SBI
April 20th, 2011 - 6:50 pm ICT by IANS
New Delhi, April 20 (IANS) Reliance Communications Wednesday said it has launched mobile banking services for its GSM subscribers in collaboration with the State Bank of India (SBI)."Reliance consumers ... Read more...
Posted in Sci-Tech |
Bangladesh banking goes online
April 1st, 2011 - 1:29 pm ICT by IANS
Dhaka, April 1 (IANS) Banks in Bangladesh have begun their first ever online operations, allowing their clients cash deposit and withdrawal facilities, foreign exchange remittances and fund transfer services.The formal ... Read more...
Posted in Business |
Madhya Pradesh mobile banking model to be expanded
February 10th, 2011 - 1:20 am ICT by IANS
Bhopal, Feb 9 (IANS) Impressed with the mobile banking model in Annupur district which ensures on-the-spot payment of wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the Madhya Pradesh ... Read more...
Posted in Business |
Banking access to all villages with 2,000 people: RBI
February 8th, 2011 - 10:16 pm ICT by IANS
Raipur, Feb 8 (IANS) The Reserve Bank of India (RBI) has planned to make banking accessible to all villages with population more than 2,000 by March 2012, bank governor D. Subbarao said ... Read more...
Posted in Business |
72,000 more villages to get banking services by 2012
February 6th, 2011 - 3:27 pm ICT by IANS
Agartala, Feb 6 (IANS) The Reserve Bank of India (RBI) has asked all the commercial banks to take banking services, in any form, to 72,000 uncovered villages in India by 2012, a ... Read more...
Posted in Business |
SBI, Airtel form Rs.100 crore mobile banking venture
January 12th, 2011 - 5:05 pm ICT by IANS
New Delhi, Jan 12 (IANS) India's largest public sector bank State Bank of India (SBI) Wednesday entered into a joint venture with telecom giant Bharti Airtel to deliver banking services to ... Read more...
Posted in Business |
Get ready to pay for mobile banking service from April 2011
November 26th, 2010 - 10:26 pm ICT by IANS
New Delhi, Nov 26 (IANS) Get ready to pay a fee for inter-bank transactions conducted through mobile phones from April 2011, as the National Payment Corporation of India (NPCI) intends to ... Read more...
Posted in Business |
TRAI issues consultation paper on mobile banking
October 28th, 2010 - 9:23 pm ICT by IANS
New Delhi, Oct 28 (IANS) The telecom regulator Thursday floated a discussion paper inviting suggestions on the delivery of basic financial services through mobile phones.The Telecom Regulatory Aauthority of India has stressed ... Read more...
Posted in Business |
SBI-AISECT introduce mobile banking services
October 20th, 2010 - 4:03 pm ICT by ANI
New Delhi, Oct. 20 (ANI): Financial Inclusion Scheme has taken a new turn with the State Bank of India (SBI) launching mobile banking services in Madhya Pradesh (M.P.) in collaboration with ... Read more...
Posted in National |
Estimate impact on farmers of less rainfall : Pranab
September 26th, 2010 - 6:13 pm ICT by IANS
Jangipur (West Bengal), Sep 26 (IANS) Finance Minister Pranab Mukherjee Sunday asked banks to survey the impact of less rainfall in West Bengal, Jharkhand and Bihar so that loans could be ... Read more...
Posted in Business |
Bank Of America And Visa To Start Mobile Payment Program
August 28th, 2010 - 7:41 pm ICT by GD
By Ranjan Bhaduri
Aug 28, (THAINDIAN NEWS) Visa- which is the biggest payment processor in the world is starting a test program in collaboration with USA's largest bank, Bank of America which will ... Read more...
Posted in Business, Technology Industry News |
China a promising market for payment through mobile phones
August 6th, 2010 - 3:30 pm ICT by IANS
Beijing, Aug 6 (IANS) China is one the most attractive markets for payments through mobile phones, a global consulting firm said after studying market conditions in five countries, including India.
The report by ... Read more...
Posted in Business |
Mukherjee emphasises need to strengthen Self-help Groups movement
July 20th, 2010 - 10:28 pm ICT by ANI
Hyderabad, July 20 (ANI): Finance Minister Pranab Mukherjee on Tuesday emphasized the need to strengthen movement of Self-help Groups for financial inclusion so that small and marginal farmers could get access ... Read more...
Posted in National |
Mobile banking will change banking in India: Pitroda
July 19th, 2010 - 10:10 pm ICT by IANS
New Delhi, July 19 (IANS) Over 250,000 panchayats will soon be connected with broadband connections, Sam Pitroda, advisor to Prime Minister on public information, said here Monday.
"We are planning to connect ... Read more...
Posted in Business |
Broadband for village panchayats, public telephone for all villages: Pilot
May 25th, 2010 - 11:22 pm ICT by ANI
Hyderabad, May 25 (ANI): Union Minister of State for Communication and Information Technology (IT) Sachin Pilot on Tuesday said the Government plans to provide all village panchayats with broadband connectivity by 2012 ... Read more...
Posted in National |
The goose with the golden spectrum (Comment)
May 23rd, 2010 - 1:54 pm ICT by IANS
By Prasanto K. Roy
Finally, it's over. Eleven years after the birth of third generation (3G) telephony and near the end of its life, India's auction for enabling spectrum or airwaves concluded ... Read more...
Posted in Business |
Government allows banks to do mobile banking
April 16th, 2010 - 9:57 pm ICT by IANS
New Delhi, April 16 (IANS) The Indian government has allowed banks to deliver basic financial services to the unbanked population of the country using mobile phones.
The banks may start the operation by ... Read more...
Posted in Business |
Nokia to roll out moble banking in many Indian cities soon
April 14th, 2010 - 8:31 pm ICT by IANS
Hyderabad, April 14 (IANS) Finnish telephone supplier Nokia is planning to roll out its mobile banking service, Nokia Money, in many Indian cities soon, a Nokia official said Wednesday.
A pilot of ... Read more...
Posted in Business |
Mobile subscriptions to reach 5bn this year, says UN agency
February 16th, 2010 - 2:07 pm ICT by ANI
London, Feb 16 (ANI): A UN agency has revealed that the number of cell phone subscribers will go up to five billion this year with the growth of smartphones in developed nations ... Read more...
Posted in Health Science |
Mobile phones to top 5 billion this year
February 16th, 2010 - 12:21 pm ICT by IANS
New York, Feb 16 (IANS) Global demand for mobile telephones remains strong, despite the economic crisis, with the number of individual mobile cellular subscriptions likely to top 5 billion this year, according ... Read more...
Posted in Sci-Tech |
Bharat Sanchar Nigam’s 3G services in Orissa by year-end
November 8th, 2009 - 2:24 pm ICT by IANS
Bhubaneswar, Nov 8 (IANS) State-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) will expand its third-generation (3G) network across Orissa by the year-end, a senior company official said Sunday.
BSNL launched 3G services, ... Read more...
Posted in Business |