![]() Financial Daily from THE HINDU group of publications Saturday, May 14, 2005 |
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Info-Tech
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Announcements HECL to set up 3,000 DirecWay Fusion centres Our Bureau
Pune , May 13 SATELLITE service provider Hughes Escorts Communications Ltd (HECL) has announced it has plans to set up at least three thousand DirecWay Fusion centres across the country in the next one year. The company said it is in the process of finalising tie-ups with service providers across banking, travel, education and stock trading and will kick off operations in this space in a month. Mr Pranav Roach, Director, HECL, said the company, which offers vocational courses in the educational space, is all set to launch a professional qualification programme for graduate students with a one-year post graduate diploma in business management in association with the Manipal Academy of Higher Education (MAHE). The company is also simultaneously in talks with banks and utility companies for bill payment and cash collection services according to Mr Ujwal Singh, National Sales Head. He said Standard Chartered Bank customers would soon be able to pay their credit card bills at the neighborhood fusion centre where they will receive acknowledgement slips from the bank as proof of the payment. The company is also working on an alternative to credit card and demand draft payments for books ordered on e-commerce site First&Second.com, in an effort to reduce the time taken for the transaction to be closed. "Beginning this month customers will be able to order on the site, pay at our centre and use the electronically generated acknowledgement slip as proof of payment," he said. The company, which invested an estimated Rs 50-60 crore in the first phase of its operations will commence on the second phase in July this year.
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