Browsing Category
Business
Indian Business Buzz | Business Intelligence growth | Outsourcing Business | Internet business
Apple May Soon Start Manufacturing iPhones & Other Apple Products in India!
In what could be yet another big win for #MakeInIndia initiative launched by the Modi Government, Apple is now keen to start manufacturing iPhones in India. Citing unnamed senior Govt officials WSJ (paywalled) has said that Apple is…
Income Tax Slab May Increase From Rs 2.5 Lakh to Rs 4 Lakh; But Govt Denies This Update!
There are strong, unconfirmed reports that in the next Union Budget, Govt. of India may revise the existing Income Tax slabs for individuals. As per insider reports, this announcement can be made before UP Elections, which are most…
The Good, Bad & Ugly Of Demonetization Drive – 3 Case Studies
On the night of November 8th, India witnessed a financial coup, the scale of which was unparalleled in the entire human history. Demonetization of 86% of floating currency in the market meant a huge transformation in the way businesses…
Govt Announces Rs 340 Crore Lottery & Lucky Draws To Boost Cashless Economy
Taking a cue from the ‘cashback’ culture of ecommerce and digital startups, Govt. of India has decided to throw in Rs 340 crore worth of incentives for boosting cashless economy. The modus operandi is quite simple: Whoever transacts…
Inevitable! Ringing Bells Closes Down, Founders Open a New Company MDM Electronics Pvt. Ltd.;…
The much controversial company, Ringing Bells, launched the Freedom 251 smartphones, touted as the cheapest smartphone in the world. The mystery around the cheapest smartphone could not be solved, and the company quickly went out of the…
Patanjali Ayurved Slapped With Fine Of Rs 11 Lakh For Misleading Advertisements By Haridwar Court
Patanjali Ayurved, the shining example of a successful ‘Made in India’ FMCG brand, which is threatening to wipe out existing billion dollar FMCG global biggies, has just experienced its first major public embarrassment.
A Haridwar…
India Top in Asia & 3rd in The World on The Innovation Chart: Capgemini
The Startup India Action Plan was a highly appreciated move by the Government of India to promote startups and entrepreneurs in a country of more than 1.2 billion. India doesn’t lack the brains, all it lacks it proper infrastructure to…
Vodafone Will Launch its Payments Bank by March 2017; Launches M-Pesa Pay App for Merchants
In August last year, RBI approved licenses for technology companies to open a payments bank. A payment bank can only accept deposits, not lend any money. This does have profitability issues, but a few companies went ahead with the idea.…
Govt Refuses In-Flight Internet Facility in Indian Skies Citing Security Concerns!
If you are one of those frequent fliers, there is a bad news – Government has refused to allow in-flight internet facility on domestic as well as international flights in Indian skies. This is an unexpected development because not long…
Airtel Payments Bank Opens 100,000+ Accounts in Just 2 Weeks
Payments Bank is a very new phenomenon in India – but that has not stopped hoards of Indians to open their bank accounts, even though we only have one operator running a pilot in just one state.
Two weeks back, Airtel Payments bank…
Govt Launches DigiShala, A 24X7 TV Channel to Teach Cashless/Digital Initiatives!
It’s been more than a month since Prime Minister Narendra Modi announced Demonetization of Rs. 500 and Rs. 1000 notes. During his speech he mentioned that this was done to weed out Black Money and Fake money from the market. It still…
11 Major Cashless Incentives Announced; Petrol, Railway Catering To Cost Cheaper With Digital…
Right after one month of the bold move to demonetize 86% of currency, Indian Govt. has announced a slew of incentives and discounts for encouraging cashless transactions.
Finance Minister Arun Jaitley arranged a press conference,…
This is Huge! Service Tax Waived Off On Card Transactions Below Rs 2000
As per Reserve Bank of India’s 2015 report on digital transactions, it was revealed that a typical debit card transaction in India was valued at Rs 1485, while for a credit card, this amount was Rs 3089.
This means that most of the…
Youtube Rewind 2016: Kapil Sharma Show Declared As Top Trending Video Of 2016; Kabali Trailer Viewed…
Youtube is much more than a platform - It’s a complete eco-system of on-demand education, entertainment and inspiration, all combined into one.
As per Youtube’s own official statistics, they have paid $2 billion to content creators…
Netflix Reduces Fees to Accommodate Service Tax; Digital Ocean, Play Store Apps Starts Charging…
Effective December 1st, a major change in the service tax regime has been executed which completely turns the table for foreign based service providers and Indian customers.
While before, the service charge was dependent on the…
Paytm Clarifies on Payments Bank Charges, Chinese Connection & More…
Ever since Paytm announced the transfer of all Paytm wallet users to their new Payments Bank, there has been a strong under-current of whispers and gossips regarding their ‘Chinese connection’.
On a general level, people are aware…
Amazon Shows Future of Offline Shopping; Opens ‘Amazon Go’ Grocery Store with Automated Checkout
Amazon is planning to bring about the biggest revolution that has happened to shopping by starting its own physical grocery stores called ‘Amazon Go’. These stores are the e-commerce giant’s answer to the slow checkout and cumbersome…
Cashless Push: All Govt. Transactions Above Rs 5000 Would Be Made Via e-Payments
The best way to set an example is by following it, and showing the world what it takes to implement an idea.
In one of the most strongest push for a cashless economy, Finance Ministry has ordered that all Govt. Departments will use…
Govt Convinces Visa, MasterCard, RuPay To Unite & Launch a Massive QR Code Based Payment…
By January, 2017, India will witness a massive financial collaboration never seen before. Three of the largest payment processing and payment card companies: Visa, MasterCard and RuPay will join their forces, and provide a unified…
RBI To Issue New Rs. 20 & Rs. 50 Currency Notes, But Existing Ones Valid; Here Are The Minor…
After the RBI and the Government of India announced demonetization, and complete irrelevance of the Rs. 500 and Rs. 1,000 notes in India, the organisation has announced an overhaul of smaller denomination notes as well.
Not…