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Posts Tagged ‘ Spice Mobility Ltd. ’

Spice Digital seventh non-bank entity to operate under Bharat Bill Payment System

Wednesday, June 22, 2016 | More »

Spice Digital Ltd (SDL), a subsidiary of Spice Mobility Ltd, has received an in-principle approval from the Reserve Bank of India (RBI) to operate under the Bharat Bill Payment System (BBPS). Spice Digital is one of the seven non-bank entities that got approval for the licence. The others are Oxigen...


Chinese phone retailer to pick up stake in Spice Group’s Saholic.com

Beijing Digital Telecom Co Ltd said on Wednesday it has agreed to acquire a stake in the online retail arm of Spice Group and will also form a joint venture with the Indian company to make and sell mobile phones and accessories. The Chinese mobile-phone retailer will pick up a 49% stake in Spice Onl...

15 June, 2016 | More »


Spice Mobility appoints Dilip Modi as executive chairman

Handset manufacturer Spice Mobility Ltd (formerly S Mobility) has appointed Dilip Kumar Modi as executive chairman, according to a stock market disclosure. Modi is currently chairman. The company also appointed Modi as executive director. Besides, he will assume additional responsibility of handling...

1 December, 2015 | More »


BK Modi’s Spice Mobility acquires 26% stake in Creative Functionapps Lab

A unit of BK Modi-promoted Spice Mobility Ltd has acquired 26 per cent stake in Creative Functionapps Lab Pvt Ltd, which develops products and services for next-generation telecom networks, for an undisclosed amount. Post the transaction, Creative Functionapps has become an associate company of Spic...

6 July, 2015 | More »


Spice Mobility sinks into Rs 223Cr net loss in Q2 due to impairment of goodwill in handset retail business

Spice Mobility Ltd (formerly S Mobility) has reported a net loss of Rs 223 crore during the second quarter ended December 31, 2014 compared to net profit of Rs 1 crore during the year-ago period. This was due to mounting losses in the handset retail business, the company said. It booked an exception...

11 February, 2015 | More »


Promoters may delist Spice Mobility

B K Modi Group is looking to delist its listed group firm Spice Mobility Ltd (formerly S Mobility) with private holding firm Smart Ventures Pvt Ltd proposing to voluntary delist the company from the stock exchanges, as per a stock market disclosure. A board meeting will be held on Friday, January 2 ...

29 December, 2014 | More »