Telecom

Non-smartphone users can also go cashless with Paytm

To enable millions of feature phone users to go cashless, Paytm on Wednesday launched a service with which consumers and merchants can pay and receive money without an internet connection. “Paytm has announced a toll-free number 180018001234 to enable consumers and merchants without an internet connection to pay and receive money instantly and also recharge

IT

Chinese tech giant LeEco total valuation drops $145 mn, investors worried

On Tuesday, as rumours of layoffs at Chinese tech giant LeEco spread, investors once again hit the dislike button. By market close, the stock had dropped nearly eight percent, shedding about $0.45 of per share value in a single day. The company, which is listed on the Shenzhen Stock Exchange, ended the day at $5.21

BPO

Everstone partners with Sunrise BPO to buy CRM solution provider C3

Everstone Group, along with Sunrise BPO, has signed a definitive agreement to buy US-based C3 (Customer Contact Channels), a global CRM solutions provider. While the company did not disclose the value, industry sources estimated the deal value around $150 million and a 100 per cent acquisition. Sellers include Stone Point Capital and other management representatives.

Broadcasting

Year-end special: Top six media and entertainment deals of 2016

Media & entertainment industry had a big urge to merge in 2016. A lot of leading companies took the consolidation route through mergers and acquisitions to fortify their presence. Take a look at who bought whom in 2016: 1. AT&T acquires Time Warner The biggest and the most talked-about deal sent the entire media industry

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