Applications
Qualcomm, Tata to launch push-to-talk telecom service
NEW DELHI: Qualcomm Inc, a global leader in code division multiple access (CDMA) digital wireless technology, and Tata Teleservices today announced having signed a non-binding memorandum of understanding (MoU) to launch in India formers push-to-talk service and other next generation mobile services.
Tata Teleservices plans to use Qualcomms BrewChat solution to introduce push-to-talk telecom service in India. This service offers a walkie-talkie on a mobile phone and is being planned to be launched by Tata Teleservices by mid-2004, thereby making the Indian company to be the first CDMA service provider outside the US to launch this service. The Tata company would also become the first entity in the world to commercially launch the BrewChat solution.
The MoU provides a framework for Tata Teleservices to roll out Brew Chat-based services for up to seven million users. Tatas plan to offer Brew-based services to their wireless users in six states of Andhra Pradesh, Delhi, Gujarat, Tamil Nadu, Karnataka and Mahrashtra, Tata Teleservices President Amit Bose said, adding the services would be extended to 11 additional states in next few months.
Commenting on development, Qualcomm President Paul Jacobs said, “We are proud to welcome Tata Teleservices as a newest member of our worldwide operator community and thrilled with their plans to launch the Brew Chat solution”.
Qualocomms Brew system provides products and services that connect the mobile marketplace value chain, which includes application developers, publishers, content providers, devise manufacturers, operators and consumers.
This particular chat solution enables quick push-to-chat functionality on 3G CDMA wireless devices and networks.
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.
