Daily Archive: Friday, February 24, 2017

24 Feb 2017

Visa-AP sign MoU to make Vizag India’s first ‘less cash’ city

Global payments network Visa on Wednesday signed a memorandum of understanding (MoU) with the Andhra Pradesh government to help transform Vishakhapatnam into India’s first ‘less cash’ city. This initiative is designed to provide the foundation for the
24 Feb 2017

Bharti Airtel buying Telenor India is indeed a Reliance Jio effect and a smart move

Bharti Airtel is expected to boost its spectrum holding in at least four populous telecom circles by acquiring Norwegian telco Telenor India operations. It will also get 44 million customers and nearly 700 Telenor employees in the
24 Feb 2017

Karnataka Bank bags two awards at IBA Banking Technology Awards

City based private sector bank – Karnataka Bank Ltd has bagged two IBA – banking technology awards 2017. The awards are, winner- best financial inclusion initiatives [small bank] category; and runner up – best use of digital
24 Feb 2017

National Biodiversity Congress 2017 held in Kerala

National Biodiversity Congress (NBC) 2017, one of the significant biodiversity mega events of the country, will be held here from February 22. Hosted by the Kerala State Biodiversity Board, the present edition of the biennial event comprises
24 Feb 2017

Withdrawals made easier: EPFO introduces one single claim form

Subscribers of retirement fund body EPFO can now withdrawal money from their PF account using one single claim form and will not be required to file documents like marriage invitation cards for taking advances. Besides, the Employees’
24 Feb 2017

Bharat Financial launches instant microloan facility

Bharat Financial Inclusion, formerly known as SKS Microfinance, has launched an Aadhaar- based instant loan approval system, marking a major step towards digital inclusion of the unbanked population in the rural hinterlands. The Hyderabad-based firm is among
24 Feb 2017

FreeCharge CEO Govind Rajan Quits as Snapdeal Announces Layoffs

Govind Rajan, the CEO of Snapdeal-owned FreeCharge, has put in his papers after less than 2 years of joining the digital payments firm. When contacted, Snapdeal confirmed the development. “Govind has brought incredible energy and focus in
24 Feb 2017

India to host 2019 Combined World Cup for shooting

India will be hosting the Combined World Cup for shooting in 2019, a qualifying event for the 2020 Tokyo Olympics, which will further boost the country’s profile as a global shooting destination. The National Rifle Association of
24 Feb 2017

Vitaly Ivanovich Churkin, Russia’s U.N. Ambassador, Dies at 64

Vitaly Ivanovich Churkin, a veteran diplomat who represented the former Soviet Union and Russian Federation for more than 40 years, died Monday while at work in the Permanent Mission of the Russian Federation to the United Nations.
24 Feb 2017

N Chandrasekaran elected chairman of Indian Hotels Company

The Indian Hotels Company Ltd, a Tata Group firm, on Thursday said Tata Sons Executive Chairman N. Chandrasekaran has been elected as Chairman of its Board of Directors with effect from Wednesday. “N. Chandrasekaran has been elected
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