Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
'My election slogan will be 'kaam bolta hai.' 'Those who have lined up outside the banks will also line up on voting day and vote against the BJP.'
Takes on UberEats, Swiggy; experts question cash burn.
Following their passion paid off for Harsh Jain and Bhavit Sheth with their fantasy sports platform Dream11 entering the unicorn club with a valuation of over $1 billion.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
'The effect of demonetisation has been largely to drive black money above ground. But there are several interesting side-effects. One is the uncomfortable realisation that this can happen again, which is a deterrent to future sinners,' says Rajeev Srinivasan.
Facebook, Airbnb, Paytm, eBay join the film's cast of brands, look to connect with young audiences.
Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.
Things are expected to change dramatically in a few years for urban consumers.
Samsung is lining up new products, increasing focus on e-commerce channels and tightening its grip over retail outlets.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
India turns talent backyard for Southeast Asian taxi apps to fight Uber.
Uber had run into trouble with the RBI over the two-payment process
Ola wants to be India's answer to Grab, which is into everything, starting from cab service and logistics to bike taxis and food and grocery delivery.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
It is not easy for an FMCG brand to make a comeback if it has been out of consumer's reckoning for some time. Moreover, a protracted battle between the owners and then closure of a large number of outlets at one go might have sent some very negative signals to many, says Sneha Bhattacharjee.
ICICI Bank says it blocked all UPI transactions made through PhonePe due to security concerns.
'Last time, there was an incumbent and a challenger. This year, the roles have been reversed.' 'The challenger is the incumbent and the ones ruling then are now the challengers.' 'So, the realities have changed and so have the electorate's expectations.'
EduBridge is emerging as a strong player in training unemployed youth.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
Tamil Nadu Election Candidates, TN 2016, Deepika Election Live, Thanjavur Election are some of the apps keeping people hooked to their handsets.
It is all about hitting the ball high and timing it right.
The programme has triggered a huge debate in India.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
New Delhi to push for services trade facilitation & food stockpiling.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Industry experts said the major pain point would be tax collection at source, which would create a rift between sellers and e-commerce companies.
Distress sales, market closures and anchoring of fishing fleets have been reported from West Bengal, Andhra Pradesh, Tamil Nadu and Kerala.
Tesla began taking orders for its $35,000 Model 3 sedan from Indian customers in April last year.
Experts contend that this setback, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
Company to invest in 30 companies in the next three months and wants a portfolio of 70 firms by the end of FY17
Telecom operators stressed that differential pricing for data is necessary for growth.
For the four new players, the spike in wealth is 126 per cent.
These will be priced at Rs 5,999 and Rs 6,499 respectively
Business chambers now inviting start-ups for membership.
The user chats with a person in real-time and thus prevents the app from misunderstanding.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
Fewer e-commerce companies hired candidates from B-schools this year.
'We are offering one year of free music and three months of free movies to a million users through MIUI8.'
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