The company has recently received authorizasion from DPSS, RBI for issuance and operations of semi-closed prepaid payments instrument.
SpiceMudra will facilitate domestic money transfers and all kinds of utility services payments like bill payments, recharge and ticketing services among others, the company said in a statement.
******************** HP launches storage solutions for enterprises * Technology major HP today launched a new storage solution, aimed at catering to demands of sectors like telecom and banking, financial services and insurance (BFSI).
It can handle twice the workload performance of previous generations and has automated performance assurance with flash-optimised quality of service (QoS) controls, HP India Director Storage Barun Lala told reporters here.
******************** Tata Magic crosses 3 lakh cumulative sales milestone * Tata Motors today announced that its last mile passenger vehicle Magic has crossed 3 lakh cumulative sales milestone since introduction in June 2007.
"Today, with the achievement of 3,00,000 sales mark of the Tata Magic, we yet again, confidently testify the value and trust we offer to our customers," Tata Motors Executive Director, Commercial Vehicle Business Unit Ravi Pisharody said in a statement.
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