News Broadcasting
Visa expands business operations in India
Mumbai, 16 January 2006 – Visa International, India’s leading payment brand and the largest payment system worldwide today announced that it has expanded its business operations in India by establishing a third office in New Delhi. Visa has expanded its operations in India to meet growing volumes and card numbers and to increase the spread of innovative Visa initiatives introduced in India over the past year. Visa’s India operations are headquartered in Bangalore with an office in Mumbai.
Commenting on the inauguration of the new Visa office in New Delhi, Santanu Mukherjee, Country Manager – South Asia, Visa International Asia Pacific said, “Visa clearly occupies the leadership position in India and over the recent past has set the pace for new product and service development in the Asia Pacific region. In keeping with the buoyancy of the Indian economy, Visa has been playing an active part in the payment industry’s consistent growth rate across all key parameters. The establishment of an office in New Delhi is a key strategic component to further enhance our business in the country. The New Delhi office will manage Visa member bank relationships in north India and provide our member banks and partners with a range of services and technology to enable them to provide superior payment options to their customers.
“Over the last year, Visa has introduced some groundbreaking offerings in India. These include Visa Bill Pay, Visa Money Transfer, Visa Mobile Top Up and Visa Zero Liability among others – many of these are now being subsequently launched in other Asia Pacific markets. These initiatives are in line with Visa’s commitment to developing and introducing products that are not restricted to a particular payment segment or channel but can be used in multiple environments and for multiple payment types and services. Today, Visa is no longer considered to be just a credit card company, but today offers a variety of payment products, including credit, debit, prepaid, and products in the Internet and mobile space,” Mukherjee added.
About Visa
Visa connects cardholders, merchants and financial institutions through the world’s largest electronic payments network. Visa products allow buyers and sellers to conduct commerce with ease and confidence in both the physical and virtual worlds. As an association owned by 21,000 member financial institutions, Visa is committed to the sustained growth of electronic payment systems to support the needs of all stakeholders and to drive economic growth. For more information, visit www.corporate.visa.com.
Visa Asia Pacific
In Asia Pacific, Visa has a greater market share than all other payment card brands combined with 62 percent of all card purchases at the point of sale being made using Visa cards. There are currently 265.9 million Visa-branded cards in the region. For the 12 months ended September 2005, US$509 billion was spent at point of sale or withdrawn from ATMs in Asia Pacific using Visa cards. Visa Asia Pacific’s Internet address is www.visa-asia.com.
For further information, please contact:
Ophira Samuel – Bhatia/ Melanie D’sa
R&PM:Edelman (Mumbai)
Tel # 022 2281 0168-72
Fax # 022 2284 6523
Email: ophira.samuel@rnpmc.com/ melanie.dsa@rnpmc.com
Dinelle Gonsalves
R&PM:Edelman
Manek Mahal, Veer Nariman Road,
Churchgate,
Mumbai – 400 020, India
Tel: +91 22 2281 0168~72
Fax: +91 22 2281 0149~50
News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
