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Spicejet Jumps Into $600 Billion Retail Market; Will Sell Products Under Their Own Brand Name!
Spicejet, which is currently India’s 4th largest airlines by the number of passengers carried, has had an interesting past. Its founder Ajay Singh created the famous slogan of BJP in 2014 General Elections: ‘Abki Baar modi Sarkaar’;…
Hyderabad, Pune Are the Best Cities To Live in India; New Delhi is the Worst: Mercer Survey
For the third time in row, Hyderabad has emerged as the best Indian city to live, based on quality of living, in India. Due to low crime rates, better educational facilities and low pollution, Hyderabad has once again beaten all Indian…
5 Reasons Why Digital is The Key to Make India Healthy Again!
I’ve always been enthusiastic about the healthcare sector in India. In recent times increasing digital adoption in this sector is benefitting care providers as well as patients. I have been fortunate to be associated with several…
ICICI, SBI Witnessed Most Frauds In 2016; Bank Of Maharashtra Detects Rs 6 Cr UPI Fraud, Files FIR…
As per latest Reserve Bank of India (RBI) data, ICICI Bank and SBI has emerged as the banks which witnessed most number of frauds between April-December 2016 period.
Incidentally, ICICI Bank is the largest private sector bank, while…
Pulse Candy Beats MNCs & Foreign Brands; Clocks Rs 300 Cr Sales In 2 Years By Selling 2800…
Home grown candy brand Pulse, which introduced ancient Indian tastes in a new format, has broken all expectations and predictions related to FMCG sector. Within 2 years of its launch, Pulse candy has clocked sales of Rs 300 crore, which…
Trademark Rules Eased Drastically For Small Businesses; Govt. Will Now Modify The Definition Of…
In a major development, Commerce Ministry has introduced major amendments in the Trademark Rules, to make it easier for small businesses and startups to own trademark over their intellectual properties.
Besides, Govt. wants to change…
India’s 1st Aadhaar Pay Based Biometric Payment System Launched By IDFC Bank
Cashless and digitalization mission of India has now reached a new paradigm. Using Aadhaar Pay platform, IDFC Bank has launched India’s first biometric payment system.
And the best part about this new cashless push is that payers…
Tata Motors Unveils TAMO Racemo, an Inexpensive Sports 2-Door Coupe!
Tata Motors, India’s largest automobile manufacturer, unveiled a sub-brand ‘TAMO’ to develop innovative manufacturing solutions and bring high-performance cars to the Indian market that are easier to build and scale.
At the 87th…
Netflix is Setting Up an Office in Mumbai After India Records Highest Growth in Asian Markets!
With its growing presence in the country, Netflix is looking forward to set up a full-fledged office in India. The company will set up the office in Mumbai, its fourth in Asia, after Tokyo, Singapore and Taiwan.
“Our Mumbai office…
Ecommerce Portals Can Now Breathe Easy – GST Council Caps Tax Collected At Source (TCS) To 1%!
Goods and Services Tax (GST) regime will restrict tax collected at source (TCS) for e-commerce portals at 1%, fixed. This means that GST won’t increase TCS for e-commerce portals in future, and whatever is the amount of transaction, the…
Now, Rs.150 Charge After Every 4 ‘Cash’ Transactions; Govt Orders Activation Of Internet &…
In continuation with Govt. of India’s cashless push, several new developments have taken place in the last 24 hours. While all banks have been ordered to activate Internet & mobile banking for all customers by March 31, several…
Soon, No Permits Will Be Required for Electric Commercial Vehicles
With a sudden surge in E-hailing cab services, the government is drafting a scheme to encourage the use of commercial electric vehicles in city transportation. The scheme is said to let go the necessary permits that are required to run…
GST Roll Out By July 1st Confirmed; FDI Rules Would Be Eased For Multi-brand Retail
Goods and Services Tax (GST), which has been hailed as the biggest and most influential tax reform since 1947, is all set to be implemented by July 1st, 2017. This has been confirmed by Shaktikanta Das, who is the Economics Affair…
7 Reasons Why You Should Choose Taskworld For Efficient Project Management
Project management software has become a fundamental need for large teams these days. You need a project management solution when you are coordinating with too many people for task allocation, fetching progress reports, resource…
Aadhaar Based Transactions By Axis Bank Have Been Banned By UIDAI For Misusing Biometric Data
Axis Bank, which is India’s 3rd largest private bank, has received a major set-back and a big blow to its reputation because UIDAI has banned all Aadhaar based transactions on their platform. This is a temporary ban, executed because of…
Customers, Petrol Pump Owners Need Not Pay MDR As Oil Companies Agree To Bear MDR Fee For Debit…
In a major development which can set a standard for cashless transactions in India, oil marketing companies have agreed to bear and absorb MDR or Merchant Discount Rate fees applicable on cashless transactions at petrol pumps.…
Airtel Will Sell Mutual Funds, Insurance Via Payments Bank; Gov. Drafting Rules To Make E-Wallets…
Airtel Payments Bank has decided to jump into the lucrative financial products niche and will be soon selling mutual funds and insurance policies.
As of now, Airtel Payments Bank has 2,50,000 banking points across India and…
Biometric Authentication Based Aadhaar Pay to Launch Soon with SBI & 4 Other Banks
In a bid to promote digital transactions, Prime Minister Narendra Modi had earlier announced that biometric-based payment system Aadhar Pay will be functional soon. The government is ready to go live with the said payment solution…
7000 Railway Stations Would Be 100% Solar Powered; Govt Allocates Rs 8100 Cr For Doubling Solar…
Govt. of India has decided to go full throttle for pushing solar power generation in the country. As per reports coming in, massive increase in budget has been allocated to double solar power generation, even as plans for putting 7000…
Mumbai Is India’s Wealthiest City But Delhi, Kolkata Catching Up Fast; 50% More Millionaires Left…
Mumbai, the City of Dreams, has once again proved why it attracts people who want to become wealthy. With $820 billion wealth, 46,000 Millionaires and 28 Billionaires, Mumbai is India’s most wealthiest city as per a recent report by New…