Business
Bharti Airtel to acquire YTS Solutions
New Delhi: Bharti Airtel is all set to acquire digital financial service provider YTS Solutions and appoint its co-founder and managing director Manish Khera as CEO of Airtel M Commerce Services Limited (AMSL), its flagship semi-closed wallet under the brand name ‘Airtel Money’.
“AMSL, the wholly owned subsidiary of Airtel’ also announced that it would integrate the payments and remittance businesses of YTS Solutions,” Bharti Airtel said in a statement on Monday.
The company, however, did not disclose the size of the acquisition.
In January 2015, AMSL, which had launched Airtel Money in 2011, applied to Reserve Bank of India for a Payments’ Bank licence.
Once appointed as CEO, Khera will be a part of the Airtel management board and report to Gopal Vittal, managing director and chief executive officer of Bharti Airtel (India & South Asia).
“A trend-setter in the domain areas of financial inclusion, payments & banking, Manish combines the spirit of entrepreneurship with a passion for technology and commitment to serve millions,” Vittal said in the statement.
Airtel has a customer base of over 230 million in India with over 100 million rural customers. The company’s network covers 4,30,000 towns and villages backed by 1.5 million distribution outlets.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
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Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.