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RBI cancels certificate of authorisation of Vodafone m-pesaLast year, Vodafone Idea had decided to close m-pesa vertical following the closure of Aditya Birla Idea Payments Bank Ltd (ABIPBL), with w...- Vodafone Idea to close m-pesa business, writes off Rs 210 crore for payments bank closureNearly 17 months after it began operations, ABIPBL on July 20 announced winding up of its business on account of "unanticipated development...
- Vodafone Idea Q1 loss widens to Rs 4,908 crore QoQ; margins expandRevenue for the quarter ended June 30 came in at Rs 11,269.9 crore, down 4.3% on quarter.
- Aditya Birla Idea Payments Bank to close operationsAditya Birla Idea Payments Bank has said it is winding up business on account of "unanticipated developments".
- Voda-Idea explores M&A for Vodafone M-PesaThe Kumar Mangalam Birla led group has been pressing the accelerator on its payment banking business since it received the license from RBI...
- Idea Cellular posts consolidated net loss of Rs 385.6 crore because of JioIdea, for the first time, witnessed a decline of 5.5 million mobile data customers on sequential quarter basis because of free data promoti...
- Idea Q2 profit dives 88% to Rs 91.46 cr on higher expensesThe profit beat an average estimate of 1.55 billion rupees from 13 analysts polled by Thomson Reuters I/B/E/S.
- Idea Mobile Commerce to merge with Aditya Birla Idea PaymentsPayments banks are allowed to collect deposits (initially up to Rs 1 lakh per individual), offer Internet banking, facilitate money transfe...
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