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B2B payment solution provider Stripe tiptoes into Indian markets

  13-Dec-2017

Global payment solution provider Stripe has begun enrolling Indian firms to use its platform and is looking to position itself as a serious player in the highly competitive low-margin business dominated currently by Naspers-owned PayU. Stripe, which has roped in former Amazon India executive Anand Balaji, has opened up beta opportunity...

Investors Chase High-Risk-High-Return IPOs Of Small Businesses

  12-Dec-2017

India’s record year for initial public offerings prodded small businesses to go public as investors were willing to take extra risk for higher returns. Close to 120 companies have raised money on the small and medium enterprises platforms on National Stock Exchange of India Ltd. and BSE Ltd. so far this year compared to more than 30 listings...

Women Targeted by Modi to Help Him Retain Power in India

  12-Dec-2017

As more women go out to vote in India while their male counterparts stay home, Prime Minister Narendra Modi is shifting attention and planning a raft of female-focused policies before the 2019 national election. Following the popular roll out of cooking gas for rural families that frees women from smoky woodfires, Modi is pushing to outlaw...

Government spares single-brand retailers from printing MRP

  11-Dec-2017

In amove that may help bring down prices for consumers, the government has changed labelling norms to exempt single-brand retailers — including, Ikea, Fabindia, Decathlon, H&M and several chains of Future Group — from marking maximum retail price (MRP) on their products. Top foreign retailers said marking MRP on individual products...

Reliance retail plans to expand business-to-business play

  11-Dec-2017

Reliance Retail wants to expand its business-to-business play by foraying into distribution of apparel, FMCG and white goods directly to neighbourhood and kirana outlets since it wants to tap a larger pie of the market considering scope of exponential growth in organised retail, currently limited to 8% of the total market. Two senior industry...

New 2018 TVS Apache RTR 160 to launch in India soon

  08-Dec-2017

TVS Apache RTR 160 has been one of the biggest success stories for the homegrown brand as it went on to compete with Bajaj Pulsar 150, which has been one of the best sellers in the segment. Now that the Apache RR 310 has been launched, TVS has got its biggest launch of the year out of the way and can bring the focus on Apache RTR 160, which has...

India to achieve ‘electricity for all’ by early 2020s: IEA

  08-Dec-2017

Half a billion people have gained access to electricity in India since 2000, almost doubling the country’s electrification rate, according to the World Energy Access report released on Wednesday by the International Energy Agency (IEA). This “remarkable” growth puts India on course to achieving access to electricity for all in the early...

Google shares ad solutions for India's digital consumers

  07-Dec-2017

At its third edition of annual event 'Google for India', Google hosted a digital advertising track, bringing together industry experts, top advertisers and ad agencies to share insights on how digital has changed consumer behaviour and is offering new opportunities to help businesses grow. Debbie Weinstein, Managing Director, YouTube/Video Global...

How the US tax cut can benefit Indian IT firms

  07-Dec-2017

The approval by the US Senate for tax cut Bill is expected to spur investments in the US and rub off positively on Indian IT companies. The sector, which is struggling with sluggish demand from clients in the US, could benefit once the Bill, which envisages a reduction of corporate tax to 20 per cent from 35 per cent, becomes a law. This is...

District magistrates asked to promote digital payments

  06-Dec-2017

Districts nursing ambitions to win the prime minister’s award for promoting digital payments have their work cut out. The Centre has told the contenders that it expects district magistrates to ensure acceptance of digital payments at all merchant points in a district and head working groups to track performance on usage of the same. The...

GST data may be used to track income-tax evaders

  06-Dec-2017

The government may be looking to use data obtained from Goods and Services Tax (GST) filings to track those who are escaping income-tax, two people close to the development said. The government is setting up a mechanism wherein data obtained through GST reporting could be correlated with the income-tax filings. While the project is still...

International Solar Alliance to become legal entity on December 6

  05-Dec-2017

International Solar Alliance (ISA) will become a treaty-based international intergovernmental organisation or a legal entity on December 6, 2017. The ISA was jointly launched, on November 30, 2015, by Prime Minister Narendra Modi and the then-French President Francois Hollande on the side lines of the UNFCCC Conference of Parties 21 (CoP21) in...