Paytm, Freecharge launch ‘Wallet on Delivery’ to counter COD

In a move that may end the era of cash on delivery (CoD) forever, mobile wallets Paytm and Freecharge today launched ‘Wallet on Delivery’ (WoD), which will allow users to pay on delivery by using their e-wallet. Paytm in an official tweet said: “Goodbye, COD. We’re working with our co…

IFMR Capital raises $25 mn from Eight Roads Ventures

IFMR Capital, which helps financial institutions serving poor people raise funds, has received $25 million in funding from Eight Roads Ventures, the proprietary investment arm of Fidelity International Ltd. This is Chennai-based IFMR Capital’s second round of institutional funding. The company ra…

Naidu launches AP MSME Development Corporation with Rs 100 cr corpus

DIPP, Andhra to hold Partnership Summit in January

The Department of Industrial Policy and Promotion (DIPP) and the Andhra Pradesh government will jointly organise two-day Partnership Summit from January 27, 2017, for global and Indian industry to discuss innovative policies and path-breaking strategies, an official statement said on November 10.…

Rajasthan inks 38 MoUs worth Rs 4400.89 cr during ‘GRAM 2016’

Union Minister for Urban Development Housing, Urban Poverty Alleviation, & Parliamentary Affairs, Venkaiah Naidu on the occasion of Memorandum of Understanding signing ceremony on the second day of ‘Global Rajasthan Agritech Meet 2016’ said that he will try his best to come up with a concept …

Donald’s triumph is good for Indian start-ups

Depending on which side of the Atlantic you’re on, you can’t ignore the fact that today is also 9/11 and some worlds have come crashing down: Donald Trump has charged ahead of Hilary Clinton and Narendra Modi has stunned India by demonetising Rs 1000 and Rs 500 currency notes overnigh…

Pradhan Mantri Yuva Yojana launched to scale up young entrepreneurship

The Ministry of Skill Development and Entrepreneurship announced launch of Pradhan Mantri Yuva Yojana to scale up an ecosystem of entrepreneurship for youngsters. “The scheme spans over five years (2016-17 to 2020-21) with a project cost of Rs 499.94 crore and will provide entrepreneurship …

Productivity enhancement a must to boost Indian exports: World Bank

India needs to enhance productivity of its firms and bring about policy action to become one of the key exporting countries from the South Asian region, a World Bank report said. Today, a broad set of constraints limit the growth and export potential of Indian firms’ vis-a-vis their competi…