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RBI clears sale of Tata Communications’ payment arm to Australian fintech FindiThe Reserve Bank of India (RBI) has approved Tata Communications' plan to sell Tata Communications Payment Solutions (TCPSL) to Transaction...- Tata Communications divests 100% stake in ATM biz for Rs 330 crTata Communications will sell its entire stake in its subsidiary to Australia's Findi. The deal is worth Rs 330 crore. It could go up by Rs...
- RBI imposes penalties on TCPSL, ATPL"It was observed that TCPSL was non-compliant with the directions issued by RBI on White Label ATM deployment targets and net-worth require...
- Tata Communications disputes Rs 1197.7 crore demand from DoTIt has also made a payment of Rs 379.5 crore to the DoT under protest during the quarter ended March 31, 2021, the company said in its fina...
- 'Tata Communications says unit that operates 30,000 ATMs is non-core'The ATM business reported revenue of about Rs 550 crore for the year ended March 2016 and an operating profit of Rs 84 crore.
- Tata Communications puts ATM business on the block, targets valuation of Rs 1,000-1,350 croreTCPSL had carved out Indicash -the division that owns the so-called white-label ATMs that are rented out to multiple banks -as a separate c...
- What turns Tata Payment bullish on white label ATMs?TCPL’s Indicash WLA Network has crossed the 8000 ATMs Milestone, with more than 50% year-on-year growth, the company said.
- OSRTC ties up with Indicash[TM] ATM to serve 35 lakh commutersTata Communications Payment Solutions Ltd (TCPSL), which operates white label ATM networks in Indicash[TM], announced the launch of Indicas...
- Tata Communications arm eyes deals with payments, small banksTCPSL, with its footprint in the country's interiors, hopes to cash in on this requirement and make its payments business more profitable.
- Have commercial space? Invest in an ATM to generate incomeCommercial real estate is typically a more lucrative investment than residential property. You can take an ATM franchise to generate income.
- TCPSL plans to rollout value-added productsCurrently, 350 indicash ATMs are operational. The company aims to rollout 15,000 white label ATMs in the country over next three years.
- Tata Communications Payment expects to double revenues this fiscalTCPSL, the payment technology arm of Tata Communications, is expecting to double revenues this fiscal on the back of sustained income from ...
- TCPSL aims at 50,000 ATMs in the country by 2016Tata Communications Payment Solutions (TCPSL) today said it aims to have 50,000 managed ATMs in the country by 2016.
- Viom poaches 3 telecom sector executives, bolsters leadership teamViom Networks, India's second largest mobile tower firm, has poached three senior telecom industry executives to reinforce its top deck.
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