rahulmalik_81 1 Report post Posted December 10, 2004 Infocomm revolution touches farmers and cooperatives Real time commodity prices now available through mobile handsets Reliance Infocomm tie-up with NCDEX to disseminate its spot & future commodity prices through R World DAKC (Dhirubhai Ambani Knowledge City), Navi Mumbai, December 09, 2004 In a significant initiative that will benefit the huge farmer and trader community of India, Reliance Infocomm has brought the Mandi on mobile handsets. The company has tied-up with National Commodity & Derivatives Exchange Limited (NCDEX) to disseminate its spot and future commodity prices through its R World suite of mobile applications. "This joint initiative is a major step taken by NCDEX and Reliance Infocomm in providing a convenient way to access commodity prices," said Mr Narendra Gupta, Chief Business Officer, NCDEX Limited. "Price information is very critical for all traders, and given that one would like to take advantage of price changes in a dynamic world, such real-time quotes will help to leverage such situations even while on the move." The innovative application "NCDEX Quotes" is available on R World, the data application suite of Reliance IndiaMobile. It is designed to meet the needs of mobile users who want the ease and convenience of anywhere, anytime track prices of commodities. It offers the information in the form intuitive user interface. Users can navigate to the commodity of interest using the menu provided in the application. All this is available at the flick of just few buttons and free of cost as R World services are still free to all RIM subscribers. "This facility on R World provides access to millions of new users who have not had the opportunity to access real time commodity and securities prices. With a customer base of over 9 million and our recent initiatives to expand our network to over 5000 towns covering urban and rural areas as well as rail routes and highways, a sizable farmer and trader community that have not had access to real-time information on PCs or the Internet will benefit from this new initiative on Reliance mobiles," says Mahesh Prasad, President Applications & Solutions Group, Reliance Infocomm. Share this post Link to post Share on other sites
chandramauli 0 Report post Posted December 29, 2004 no wonder ...they say "..khabhi mobile ...khabhi komputer..." but is this NCDEX worthful.. coz sometimes it takes a lot of time to get the data and sometimes it say 'R-World not ready' Share this post Link to post Share on other sites
vijaykv 5 Report post Posted December 29, 2004 I do agree with Chandramauli and most of the villages are not not blessed with the strong signal of RIM, compared to BSNL Share this post Link to post Share on other sites
niket 0 Report post Posted December 30, 2004 Up to End of 2005 RIM will be in more that 5000 cities. so villages near by any city may get benefits. I think thouse may in thousands. Share this post Link to post Share on other sites
