Trending: Dec 26- Jan 02 : India Post 's payment bank to start from March 2017: Ravi Shankar Prasad - Economic Times

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India Post 's payment bank to start from March 2017: Ravi Shankar Prasad The Reserve Bank granted in-principle approval to 11 applicants, including Postal Department, in August to set up payments banks. Blackstone, Birla Corp and Baring Private Equity Asia in final race to acquire Reliance Cement The three have been shortlisted for the final round of negotiations from seven suitors that had shown initial interest, said multiple sources. Why TV ads alone aren't enough for India's mobile- first consumers Multi-screening has been recognised as the most significant consumer trend in India, along with mobile payments and streaming video RBI not to place restrictions against banks if NPAs rise due to cleanup of books This comes as a relief to the banks that were worried that RBIs mandate to downgrade a chunk of loans given to errant borrowers would impact their earnings. Start-ups rely on bridge rounds to tide over fund crunch VCs want entry valuations to settle further before deploying fresh capital in start-ups Ten things you need to know about Reliance Jio 4G launch today All you need to know about Reliance Jio 4G launch - Here are ten things you need to know about the entry of this much-awaited new player into India's competitive telecom segment. How can smartphone monitoring boost behavioural studies? Interpreting the data collected from volunteers' own smartphones -- which has the potential to emulate randomised trials -- can boost research into human behaviour, finds a new study. India must open up its economy on a continuous basis: Amitabh Kant I (as DIPP secretary) have faced many a challenge in making India an easier place to do business in. Let's accept it: India is a highly complex place to do business. What are the gains from lower oil prices? It is unlikely that the benefits from the drop in crude prices will provide the same boost to growth in 2016 Women and senior citizens: The unconnected Digital India Women and senior citizens: The unconnected Digital India - With less than 105 million Internet subscribers and around 20% of revenues, the data business is at the same infliction point where voice was 10 years back. Rel Jio's 4G entry not a threat: Idea Idea’s 4G Network will be available across 75 towns in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana Trai aims to resolve some neutrality issues by early 2016 Trai has said it is looking to solve the issues and aiming to come up with the guidelines based on the views received by early 2016. Amazon.in emerges as the largest online store in India in 2015, adding over 55,000 new products to its inventory per day: comScore data Amazon has emerged as the largest online store in India in 2015, adding over 55,000 new products to its inventory per day, a company statement said. Amazon.in Reliance Jio soft launches its 4G network with employees prior to commercial launch of Jio services After a long awaited run-up to the launch of its 4G services, Reliance Jio is set to begin a large scale pre-launch test of its nationwide network with its large employee base of approximately 70,000 employees. Indian IT industry looks at digitisation and automation for growth in 2016 While exports will continue to account for a lion's share, Nasscom expects domestic market to see 15-17% growth, boosted by Digital India initiative. Ride sharing app Lyft catches attention of Saudi prince : Invests in company valued at $2.5 billion A firm owned by a Saudi prince said Thursday it had led a group that invested around $248 million (226 million euros) in US ridesharing service company Lyft. Investors give up rights for shares in startups Institutional investors began buying common stock—generally owned by employees of startups—often directly from workers or from platforms that sell employee shares Address financial exclusion based on faith: RBI panel A Reserve Bank of India (RBI) committee on financial inclusion has suggested that the government should transfer cash directly to persons instead of giving subsidies, and should replace interest subvention on agriculture loans with affordable Bangalore-based online grocer Town Essentials gets $1 million in angel round Town Essentials, Bangalore-based grocery eCommerce firm, has raised $1 million (Rs. 6.7 crore) in angel funding from a clutch of HNIs. The … Mobile powers e-tail, unicorns and more, best is yet to come Eight Indian unicorns already, hyper-local comes of age and with 50 mn shoppers, e-tail did $10 bn in GMV... that’s the pace of change & best is yet to come. Infosys to unveil its largest 447 acre campus in Hyderabad in February The upcoming Pocharam campus of the IT giant would be spread over 447 acre, and built with a total investment of Rs 1,250 crore. Snapdeal to invest more in logistics to speed up delivery, get edge over rivals Snapdeal will spend more on logistics and technology to better compete with Flipkart and Amazon's Indian unit, its co-founder said on Monday. With Arundhati Bhattacharya completing her term in 2016, SBI hot seat up for grabs Anshula Kant, Dinesh Khara and Praveen Kumar Gupta are the aspirants for the top post at State Bank of India. JSW Cement, Birla Corp. among bidders for Reliance Infrastructure cement assets Reliance Infrastructure gets three bids in total; analysts do not expect assets to be sold at a high valuation Another sluggish quarter for banks? The banking index has underperformed the Sensex, reflecting concerns over asset quality and expectations of sluggish profitability in December quarter Reserve Bank of India releases report on financial inclusion RBI committee has noted that there has been a significant jump in financial inclusion-related activities Facebook ready for third party audit of Free Basics plan : Open for Twitter, Google Countering allegations of gatekeeping in website selection on its free internet platform Free Basics, Facebook said it is open to the scrutiny of the process by any third party agency. 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