Piramal Alternatives to deploy Rs 200 crore in ATM player TSI IndiaThe country’s leading ATM operator, Transactions Solutions International (India), has secured Rs 200 crore of investment from Piramal Alter...
Learn With ETMarkets: Advanced options trading using Straddle and StranglesLong Straddle and Long Strangle are option buying strategies used by traders in unpredictable events such as election results or company AG...
Learn With ETMarkets: Types of strike prices and their values; here's a quick guide to interpret dataThe premium of each strike is different and is derived from a mathematical formula called as Black-Scholes Model, this is a very complex pr...
Baring Asia looks to cash out of CMS Info Systems, seeks private equity, strategic buyersThe Hong Kong-based buyout group that owns 100% of CMS is in discussions with JP Morgan and other investment banks to formally launch a sal...
Rivals slam PhonePe’s ATM businessSources close to PhonePe added it is not considering stopping its ATM service, which was highlighted as “revolutionary” by Walmart’s intern...
Walmart bets on PhonePe cash withdrawal facilityData she shared at the conference showed PhonePe’s annual payments value stood at $180 billion with nearly 20 million daily users on the pl...
Nearby retail shop as ATM? PhonePe toys with the ideaThe idea is to increase merchant engagement on the platform by creating a new value service for both local shop owners and consumers.
Demonetisation: Micro-ATMs, POS asked to guard against cyber attacksA micro ATM enables the un-banked rural population to access banking services in their villages or towns in a convenient manner
CMS Info Systems appoints Sheen Akkara as chief human resources officerA doctorate in human resources from Madras University, Akkara also holds a Masters in Social Work from Madras Christian College and a Bache...
Baring Private Equity Asia acquires CMS info Systems for Rs 2,000 croreThe company’s revenue has grown to more than Rs 1,000 crore in fiscal 2015 from Rs 427 crore in 2008-09.
Baring Private Equity Asia to acquire CMS Info Systems, frontrunner in raceThe valuation has been put at around Rs 2,150 crore ($340 million), although others said this could be as much as Rs 2,500 crore.
TPG Global, Actis India may partially exit AGSIn 2012, Actis bought a 16% stake for $ 40 ( Rs 220 crore) million again valuing the firm for around $250 million ( Rs 1,375 crore).
Global private equity funds eye CMS buyout as Blackstone plans bumper exit“We do not comment on any speculation, market or otherwise,” a Blackstone India spokesperson told ET, in response to a detailed questionnai...
BTI payments to sell 30% to ICICI VentureThe RBI has allowed third-party companies and service providers to set up white-label ATMs across India to increase the penetration in non-...
- Private equity firm Actis to invest Rs 200 crore in AGS Transact Technologies
Private equity firm Actis is investing over Rs 200 crore in AGS Transact Technologies, a firm that runs and manages ATMs for banks.
- Prizm Payments to raise 500 cr to fund expansion
Payment service provider Prizm Payments is looking to raise over 500 crore from private equity investors to fund its expansion plans.
- ‘Subscribe’ to Punjab and Sind IPO: KR Choksey
KR Choksey has recommended investors to ‘Subscribe’ to initial public offering of Punjab and Sind Bank. The issue of 40 million shares in t...