Massive crowds thronged liquor stores, more vehicles plied on roads and cab-hailing platforms resumed services as India entered the third phase of the lockdown on Monday with further easing of curbs except in containment zones in the shadow of the highest rate of recovery yet from coronavirus.
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
'No cash,no problem,' says Aparna Verma who has survived without cash from the time PM Modi announced the 'note ban'.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
From Singapore to Almora, Abhishant Pant has survived without cash, and he wants to continue in that state all his life.
The company did not disclose the valuations at which funds were raised.
Signals received from the government in the past one year reflect a state of utter confusion, says Abhishek Tripathi.
'I've been backing businesses in the e-commerce space because they enable goods and services to reach people who could never have been catered to in this manner before.'
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
Do you save more money if you use bank portals for online shopping?
The cash-rich Japanese company made waves with its plans to grow outside its home base last year when it bought No. 3 US mobile carrier Sprint Corp for $21.6 billion.
Tariff cap offers Ola relief in battle with Uber. Though it might hurt their earnings, Ola believes the Karnataka High Court's judgement levels the playing field with Uber.
With funds from SoftBank, Delhivery plans to rapidly scale up its reach from 15,000 pin codes to 20,000 by the June quarter of 2019-20.
There is a new energy in 2015 and a new breed of young, ambitious innovators and entrepreneurs who are coming up with creative solutions to many of India's problems, says Mallika Kapur.
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Recently, the central bank has asked online cab service provider Uber to rework its billing system to enable two-step authentication system. Following this, many have dubbed the central bank's decision as regressive.
The long-serving team manager Biswal was appointed chairman of the IPL in the Cricket Board's AGM in Chennai on Sunday.
Chillr recently raised $5 million from Seqouia Capital.
Addressing his council of ministers in a video conference, Modi asked them to prepare business continuity plans to fight the economic impact of COVID-19 on a war footing, but also asserted that this crisis is an opportunity to boost the 'Make-in-India' initiative and reduce dependence on other countries.
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
In the next few days, use credit/debit cards wherever possible or download your bank's mobile banking app or a mobile wallet.
'And Sir, you are at fault if they don't like you. 'You don't boast of your government's efforts to be the first one to bring in thousands of Indians back home without thinking for a second about their race, religion, language, orientation, or even citizenship,' says Sarang, a reader of Rediff.com.
Former Union minister and Congress leader Rajeev Shukla was re-appointed chairman of the powerful IPL Governing Council on Monday, ending a month-long suspense over the selection for the top post in the cash-rich Twenty20 league.
Somebody should ask Hillary Clinton and Donald Trump their views on tipping, says Kishore Singh.
Uber's association with a movie, the first for the company in India, comes at a time when it is flexing muscles and splurging on hoardings and newspaper ads to get more customers.
In the first of a four-part series, Claro Energy co-founder Kartik Wahi takes you through his entrepreneurial journey
Mass mobility in India is in a race when the light turns from yellow to green. Just that this moment has lasted three years. The renewed enthusiasm, however, indicates that the lights may finally be about to change, says Patanjali Pahwa.
The San Francisco-based giant has acquired a Delhi-based company.
Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
Renting start-ups make a killing as millennials fuel sharing economy.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
SBI's gross NPA figures have shown a decline for three consecutive quarters.
Amit Jain tells Shyamal Majumdar about his dream to make Uber the 'safest place in the city'
What perhaps turned the tide against Uber was the plight of the consumer.
Silicon Valley is at the heart of the transformation of the global economy -- which has both winners and losers, writes Ajit Balakrishnan.
Uber valued at $53 billion, is looking at more than 50 per cent market share in India by the first quarter of 2016.
This is the first time that a Muslim lady has filed a nomination in a Presidential election.
As an entrepreneur the most important quality you have to have is that all consuming passion to become an entrepreneur.
The government has provided a long-term vision.
More companies with unconventional business models to get into messy legal hassles in India.
The public-private partnership model is a compulsion, says the minister.
