Bizbits

Hutch Max launches quot;auto roamquot;

MUMBAI: Hutchison Max Telecom Ltd, the Mumbai cellular licensee has launched an quot;auto roamquot; service. The service will enable a user to be accessible through a single ten digit number in 150 towns and cities across 13 states. The facility allows the customer to quot;roamquot; seamlessly across the country and even internationally.

The auto roam facility would involve a monthly rental of Rs 300 as compared to the earlier price tag ofRs 500. For those using the service infrequently, there will be a 50 per cent non-usage discount. The membership fee of Rs 1,500 for the service has ben waived-off till February 28. Subscribers enlisting before this date would hav to pay a one tim cost of Rs 3,500.

RBI-soiled notes

Mumbai, Feb 15 UNI: The reserve bank of India RBI today authorised all the branches of public sector banks as also certain private sector banks maintaining currency chests the names of which are available at the concerned issue offices of the reserve bank of India to accept and exchange all types of soiled/mutilated notes which are payable under the reserve bank of India note refund rules.

The exchange value on the notes payable under the rules will be paid by the bank branches on the same day. Notes which are not payable will, however, be retained by the branch concerned. The facility of exchanging soiled/mutilated notes is available not only to the customers of the banks but also to the general members ofpublic.

The existing facilities for exchange of defective notes at the reserve bank of India offices will continue, an RBI release said.