Applications
DAS stayed in Madhya Pradesh till 8 May
NEW DELHI: After Andhra Pradesh, Gujarat and Karnataka it‘s Madhya Pradesh‘s turn. The Madhya Pradesh High Court today stayed the switch-off of analogue signals till 8 May in the cities of Indore, Bhopal and Jabalpur covered in Phase II of digitisation.
The stay order came on two petitions – including public interest litigation by one LCO including Rashmi Dubey, and one by an MSO run by Nilesh Rawal linked to Digicable – citing shortage of set top boxes, billing issues and some other problems linked to digital addressable system.
The High Court also issued notice to the Union of India and the Information & Broadcasting ministry, according to Rawal‘s counsel Abhijit Awasthi.
As on 3 April, the status of seeding in Madhya Pradesh was 65.34 per cent in Bhopal, 75.79 per cent in Indore, and 37.69 per cent in Jabalpur.
Meanwhile the Karnataka High Court is expected to pronounce judgment tomorrow with regard to two petitions by local cable operators and multi-system operators from Bengaluru and Mysore.
Meanwhile, the stay on DAS in Hyderabad, and Visakhapatnam will continue for another day as the matter did not come up for hearing in the Andhra Pradesh High Court today.
The hearing in DAS extension cases will resume tomorrow in Karnataka and Gujarat. Infact, the Karnataka HC had reserved its verdict for 16 April after hearing all the parties involved in the case.
Applications
JioFinance rolls out multi-bank fixed deposit platform
Users can compare, invest and track fixed deposits across issuers in one place
MUMBAI: The JioFinance app has launched a unified platform allowing users to compare, invest in and track fixed deposits offered by multiple banks and non-banking financial companies, sharpening its push to become a one-stop destination for digital financial services.
The new feature aggregates fixed deposits from a range of issuers, including small finance banks and NBFCs, enabling customers to filter options by interest rate and tenure and complete the entire investment journey digitally.
Interest rates on the platform go up to 8.15 per cent per annum, with users able to view tenure, tax treatment, lock-in conditions and premature withdrawal terms before investing. Once booked, deposits can be monitored through a consolidated dashboard that tracks returns, maturity dates and renewal reminders.
Jio Finance Platform and Service Limited chief executive officer Surbhe S Sharma, said the offering addresses a long-standing pain point for savers, who often struggle to compare issuers and manage deposits spread across institutions.
Fixed deposits remain one of India’s most popular savings products, and the company is betting that transparency and ease of use will draw users seeking stable, low-risk returns.
The FD marketplace on the JioFinance app is powered by Blostem Fintech Private Limited, which operates as a business correspondent and technical service provider to partner banks and NBFCs.
