Dec 29, 2016 - She is the first Indian to get Aadhaar card but has been living a 'cashless' life in real sense

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Sreehari Nair From the Editor's Desk It's about time we recognised Extremism as this century's great political strategy. Extremism is so potent not simply because it can get you the votes but because it can also help you stay in power. If it is the incitement-quotient in an Extremist's promises that energises his supporters at a political rally, what eventually comforts the Extremist's detractors, once he has assumed power, is his measured rollback of those very militant promises. More in this TradeBriefs Exclusive Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free Ingram Micro Cloud: Streamline your creative process and secure your digital assets with Dropbox Business   Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). She is the first Indian to get Aadhaar card but has been living a 'cashless' life in real sense Ranjana and Tembhli's other residents don't fully understand demonetisation and are upset that it has affected their lives. Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. The Real Deal with Email and What TradeBriefs does right So, here Kunal Shah of FreeCharge biggest angel investor in 2016 Angel investors keep purse strings tight; top 10 put money in only 60 deals versus 209 last year Global funds still want a little bit of India on their side in New Year In a recent foreign investor meet, CLSA noted that investor mood is optimistic with nearly two-third of investors believing India's structural story is intact Unified FRA to tackle finance sector grievances: Finance Ministry In order to strengthen the consumer protection mechanism, the government has initiated an exercise to set up a unified body to address grievances of customers in the financial sector. Start-ups in India set to get Narendra Modi govt tax holiday booster shot The government is considering a proposal to raise the tax holiday for start-ups from the current three years, aimed at further boosting an eco-system for budding entrepreneurs and job seekers. How a banker geared up to face the demonetisation disruptions For the manager of Punjab National Bank’s Ilaco House branch in Mumbai, the biggest challenge of note ban was to keep a tab on fraudsters IDFC Bank to merge lending divisions, trim workforce IDFC Bank says move is part of internal realignment to enhance client coverage and build on the significant momentum that the wholesale bank has acquired Making your enterprise future ready IT industry experts at Mint Enterprise Technology Summit on tackling issues to prepare firms for digital future Kotak Mahindra Bank manager held on charges of money laundering The bank has zero tolerance towards employees not adhering to its Code of Conduct and takes strict measures against them. ICICI Bank partners Twitter for better customer experience ICICI Bank is the first bank in India to implement the new features to its Twitter account @ICICIBank_Care for customer care. Cadila Healthcare arm acquires six brands from MSD Pharma Cadila Healthcare arm Zydus Healthcare has bought six brands from MSD Pharmaceuticals India, the local arm of US-based Merck & Co. MCap Fund Advisors set to downsize, shelves plan for second fund Private equity fund MCap Fund Advisors, launched by N. Subbu Subramaniam, is focusing only on exits from its existing investments How ATMs have been impacted by demonetisation A majority of the ATMs in India are in a predominantly defunct state, more than six weeks after the note ban announcement PE/VC investments slow down in 2016 after scaling a peak in 2015 PE/VC investments worth about $16.2 billion were recorded in 2016 across 591 deals, against $19.6 billion across 767 deals in 2015 HealthifyMe raises $1 million from Dubai-based NB Ventures HealthifyMe will use the fresh round of funds for expanding its team and on product development RBI extends loan repayment window to 90 days The loan repayment extension is applicable to dues payable between 1 November and 31 December, according to an RBI notification Viral V Acharya: Meet new RBI deputy governor who wants radical solutions to end India's bad loan woes The Government of India has appointed Viral V Acharya, an Economics professor at New York University, as one of the four deputy governors of RBI. Myntra to use warehouses of 10 brands to reach customers faster Myntra is technologically bringing stores and warehouses of 10 major brands on its platform to give real-time access to consumers to merchandise that are closer to them for faster delivery from nearby outlets or distribution centres. LimeRoad signs MoU with MP Govt to retail handloom products online LimeRoad, the fashion commerce platform has signed MoU with Madhya Pradesh Laghu Udyog Nigam to retail handloom and handicraft range of products on its platform. The e-commerce platform has already st 2016 shopping trends: Bulk buys, online purchases, private labels Shoppers are increasingly visiting only one modern-trade store Godrej Appliances to support dabbawalas' Rotibank initiative Mumbai's dabbawalas have been running the Rotibank initiative since 2015 to prevent wastage of food and feed the underprivileged. Move over 4G, Internet of Things and 5G will be the flavour of 2017: Trai chairman Trai chairman RS Sharma says will soon release consultation papers ahead of framing regulations and standards for rollout of 5G networks and IoT 4G to become main data network in a year: Deloitte The findings showed that smartphone users wield their devices to check bank balances (54 per cent), pay utility bills (54 per cent) and services bill (53 per cent) the most. An overview of Indian telecom industry in 2016 and outlook for 2017 The year 2016 is a landmark year in the Indian telecoms industry. The much awaited sector consolidation set-in. Some of the key drivers for market consolidati.. Telecom operators to install 150000 towers by March 2017 Trying to solve call drops, the telecom service providers have installed more than 130,000 additional base transceiver stations (BTS) across the country Jio Dominated The Telecom War In 2016 Are the Google Pixel phones doomed? This issue causes a Google Pixel phone to freeze randomly, rendering it unusable till few seconds to few minutes, in some cases. Coming soon a sequel of Wheel vs Nirma: Behemoth vs Baba Given HULs determination to take on Patanjali, and the latters aggressive future plans, 2017 may see another classic corporate battle in the FMCG space. Amway India employees plant more than 500 saplings as a thanks giving gesture to the environment Business Wire India Amway India, the country’s leading direct selling FMCG company, as a gesture to the environment inspired employees across locations to plant a sapling. Over 400 employees of Hear Sundar Pichai on January 4 as India aims to go digital Google CEO Sundar Pichai is in India, and will host an event on January 4 where new announcements for small businesses and startups are expected. 2016 saw several pro-consumer verdicts Union minister Rajyavardhan Singh Rathore had to knock the doors of the National Consumer Disputes Redressal Commission (NCDRC) to secure possession o.. Delhi-NCR ahead of Bangalore, Mumbai as the most online shopping savvy city India’s largest online marketplace Snapdeal has announced its annual digital buying trends highlighting the consumer preferences and habits recorded on its platform for the year 2016. FMCG firms want Nielsen to tweak sampling mechanism These companies have urged Nielsen to revalidate its tracking system for two channels that now account for a significant chunk of their sales ­ cash .. Ecommerce in India awash in losses; Amazon Flipkart, Paytm contribute 70% of total loss of Rs 10,670 cr Losses at e-commerce players piled up last year as they blitzkrieged their way to consumers pockets. Although revenues rose sharply, the costs — discounts, advertisements and expenses on employee — skyrocketed. #FlipTrends2016: How Indians are going 'Mobile' and Buying 'Smart' #FlipTrends2016, the annual in-depth critique by Flipkart, threw up interesting statistics on this year’s smartphone and smart wearable sales.With over 60 per cent market share of mobile commer NCR had highest number for e-shoppers: Flipkart Vellore, Tirupati, Bellari, Jorhat and Kottayam were the top five cities among tier III towns of the country for Flipkart, it added. FreeCharge, Faasos tie up for e-wallet payment solution Food tech platform FreeCharge, which has presence in the Food and Beverages category will further strengthen its position through this association. 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