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Daily wrap: Home Credit, Gionee tie-up for 0% interest on phones

* Home Credit India Finance has partnered with Gionee Mobiles to offer cedit at zero per cent interest rate to customers looking to buy smartphones.

August 03, 2016 / 22:20 IST
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* Home Credit India Finance has partnered with Gionee Mobiles to offer cedit at zero per cent interest rate to customers looking to buy smartphones.

"Home Credit customers may purchase Gionee smartphones at zero per cent interest rate from over 1,000 retailers across the country," the company said in a statement.

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"With this partnership, it will make buying Gionee phones easier and convenient for our customers. With 220 million users, India is now world's second-biggest smartphone market and the joint promotion will ensure that our customers buy the smartphones they enjoy with no additional charges," Tomas Hrdlicka, CMO, Home Credit India said.

* * * * * * Tata Power raises Rs 3.5K cr via debentures * Tata Power today said that it has raised Rs 3,500 crore through issuance of unsecured, taxable, redeemable, non-cumulative, listed, rated and non-convertible debentures of Rs 3,500 crore" via private placement.