Applications
Lamhas Satellite Services Ltd sets up teleport facility in Mumbai
MUMBAI: Satellite services provider Lamhas has opened its first commercial uplinking hub for TV channels in Mumbai. The company offers facilities such as satellite bandwidth, automated server playout and uplinking in the newly-opened division. |
“We got all the regulatory clearances for the teleport by December. The entire project was ready by March,” says Lamhas Satellite Services Ltd (LSSL) co-promoter Manoj Shah. The company offers multi-channel uplinking services in SDI (Single Document Interface), stat mix, routers, matrix, international video gateway, modulators, upconverters and NMS (network management system). Lamhas is also gearing up to provide flyaway kit service in Ku Band. With the new facility, Lamhas has signed up three international teleports to provide its Indian clients international service. “We have tied up with teleports in Israel (RR Sat), New York (promoted by NRI entrepreneur Deepak Viswanath) and France (Globecast) for multi teleport set up to transport signals to any part of the world,” states LSSL VP Wilfred Lobo. |
“We are targeting all channels who want to uplink from India. We have approached some of the leading broadcasters in the country,” he says. The company has booked a C-band transponder on Insat 4A to offer clients space on the satellite. Incidentally, Tata Sky will be using the Ku-band transponders from this satellite for its direct-to-home (DTH) service. Speaking on the expansion plans, Lobo said Lamhas was looking at Delhi and Bangalore to set up its next teleport facility. “We will choose one of these cities. We have already acquired land in both the cities,” he says. |
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.
