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India Post Payments Bank pan-India rollout from May

India Post Payments Bank plans to roll out its branches across India from May 2018 with an investment of about Rs 1,450 crore, Postal secretary Ananta Narayan Nanda said on Monday. “By April, all our systems will be ready. We will start rolling out all India Post Payments Bank (IPPB) branches between May and September,” Nanda told PTI. He said ... Read More »

TRAI slashes mobile number portability charges to Rs 4 from Rs 19 per porting

Keeping in view the upsurge in mobile number portability (MNP) requests, the Telecom Regulatory Authority of India (TRAI) has decided to slash its rate to Rs 4 per successful porting from Rs 19 earlier. The TRAI arrived at the decision after taking into consideration the comments received from the industry stakeholders. A statement issued by the TRAI said it would ... Read More »

39% of Small Businesses Get a Return On Investment From Social Media

Thirty-nine percent (39%) of small business owners are seeing a return on investment from social media.  That is according to a recent survey by Manta, released just last week. Manta, an online small business community, surveyed more than 1,200 of its members to generate its quarterly Small Business Wellness Index, where these findings are from.  Chart excerpt: Now you might think ... Read More »

Economy is different from politics

Planning for Economic Recovery and Growth: How Far So Far? One of the key mandates of Federal Ministry of Budget and National Planning is to render policy advice to Federal Government on national development and national plans. The ministry is expected to advise government in all aspects of national development and design national plans in form of long, medium and ... Read More »

Marketers from Coke, First Direct and Sky share their marketing moments of 2017

Aedamar Howlett, marketing director, Coca-Cola Great Britain: “As marketers, we know consumers are not one homogenous group and this year has been characterised by change. More than ever, brands need to reflect the diversity of consumers and at Coca-Cola, diversity has always been part of our DNA. “We’re carrying this through everything we do right down to our product innovation ... Read More »

Singapore to use driverless buses ‘from 2022’

Singapore plans to introduce driverless buses on its public roads by 2022. The government says they will be piloted in three new neighbourhoods which will have less-crowded roads designed to accommodate the buses. The buses will be used to help residents travel in their communities, and to nearby train and bus stations. Densely-populated Singapore hopes driverless technology will help the ... Read More »

Small Business Headlines from Xero, Paypal, Shopify and More

When it comes to your business’s finances, there are so many different tools for you to consider. So it can be a big help when the tools you already use integrate with one another to make the whole process easier. Recently, Xero announced improved integration with PayPal. And Shopify also added a partnership that could help merchants with their finances. ... Read More »

Yes Bank raises $400 million loans from Japan, Taiwan

Midsize private sector lender Yes Bank has raised $400 million in syndicated loans from lenders in Taiwan and Japan for on-lending to clients. It exercised a greenshoe option to raise $250 million in a five year commercial loan from 17 Taiwanese banks, a statement said. In Japan, it raised JPY 16.5 billion or $150 million from eight lenders in a ... Read More »

The market could tank, according to signals coming from the credit market

Credit markets are flashing an early warning about financial conditions and the economy, but even as stocks fall in response, strategists say it’s not yet time to bail on Wall Street’s bull market. But they do say there could be a pullback in a frothy market, and investors should take heed as some of the traditional signs of stress have ... Read More »

Unichem to return 50% of proceeds from Torrent deal to shareholders

Unichem has entered into a definitive agreement with Torrent Pharma to sell its branded formulations business in India and Nepal for Rs3,600 crore. Mumbai: Unichem Laboratories Ltd plans to return to its shareholders more than 50% of net proceeds it will receive from the sale of domestic formulations business to Torrent Pharmaceuticals Ltd. It will use the rest to expand its ... Read More »