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Here’s Why Tobacco Companies Have Shut All Their Factories
FMCG major ITC on Saturday said it is not ready to print larger pictorial warnings on its cigarette packs, as required under a new government norm, and its factories will be shut till clarity emerges on the matter. Since Friday, under a new government notification, tobacco products are required to carry larger pictorial warnings covering 85 per cent of the display area on packets.
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- Health Care
- Region
- South Asia
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This Isn’t China: The “Amazon of India” Will Be Amazon and “Uber of India” Will Be Uber
I was at a conference the other day, speaking on a panel with VCs and angels, when we were asked a question: With the softening of valuations and the famous Flipkart markdown, is there still a large internet opportunity in India?
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- Investing
- Region
- South Asia
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Viewpoint: Social Entrepreneurship by the Billions
An audacious effort to provide digital ID numbers throughout India illustrates the potential for large-scale change.
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- Uncategorized
- Region
- South Asia
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India Expects First Loan From China’s Infrastructure Bank
The bank is China’s latest thrust into international diplomacy.
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- Investing
- Region
- South Asia
- Tags
- renewable energy, solar
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Samsung Pay Joins China’s Trillion Dollar Mobile Wallet Market
With Apple already expecting China to be its biggest mobile payment market, it's no surprise that its biggest direct competitor, Samsung, also wants a slice of this piping hot pie. After a one-month public beta, today the Korean giant is officially launching its Samsung Pay service in China in partnership with UnionPay -- inevitably the same bankcard company thathelped launch Apple Pay locally. In other words, only UnionPay credit and debit cards -- up to 10 of them per device -- can be associated with local Samsung phones for the time being.
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- Technology
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- South Asia
- Tags
- fintech
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Perspective: Social Entrepreneurship by the Billions
Only a decade ago, some 400 million people in India lacked any type of formal documentation. Most were impoverished and, without even basic identification such as a birth certificate, they were marginalized and unable to alter their societal status. This condition made them, in effect, noncitizens, with no influence on or ability to participate in their country’s economic and legal systems.
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- Uncategorized
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- South Asia
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Rotavirus Vaccine Developed Under Make in India Initiative
J P Nadda, Union Minister for Health and Family Welfare attended a function for the national launch of the Rotavirus vaccine as part of the Universal Immunisation Programme (UIP).
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- Health Care
- Region
- South Asia
- Tags
- vaccines
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India’s banks take the battle to mobile wallet players
Banks are taking the battle to mobile wallet companies, armed with their readymade payment systems, wide merchant network and an on tap customer base, attempting to reclaim a turf which just a couple of years ago was their fiefdom.
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- Uncategorized
- Region
- South Asia