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Cleaning Up India’s Economic Lifeline
Dawn was breaking over Delhi as our train began its ritual crawl into the station. This is almost always the case with busy railway stations in India: the last mile never seems to end, sometimes taking up to an hour. If you look out of the window during this hour, you are likely to see dozens of men and boys, possibly residents of nearby slums, squatting on the ground and defecating in peace, unmindful of the slowly passing train and its impatient occupants.
- Categories
- Health Care
- Region
- South Asia
- Tags
- infrastructure
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See Impact Investing As Part of An Evolution Towards a Fairer Society: Ronald Cohen
Ronald Cohen, one of the pioneers of private equity in Europe who set up and ran investment group Apax Partners for 33 years, has turned into an evangelist for social enterprises. The 70-year-old, currently chairman of The Portland Trust and Bridges Ventures, believes that impact investing -which looks at both financial and social returns -can be a game changer for social development. Cohen, with more than $55 billion of global assets under management, is in India to meet investors, philanthropists and social entrepreneurs. In an interview with ET, he talks about the global trends in the social investment space.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
- Tags
- impact investing
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Health Experts, Doctors: Centre’s Move Good for Patient Safety
Even as more companies on Wednesday challenged the ban on combination drugs in the Delhi high court, public health experts and doctors have welcomed the government notification, saying withdrawal of "irrational" and "harmful" medicines from the market is good for patient safety and health.
- Categories
- Health Care
- Region
- South Asia
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Why Apple and Samsung Have Already Lost the Mobile Payments War in China
If you’re a smartphone company – even a big, successful one – looking to get into the Chinese market with your own mobile payments system, here’s a piece of advice: don’t.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Pharmacy to the World Can’t Make Diapers, Hospital Beds
India is lagging in manufacturing medical devices and the recent increase in import duties on such devices are a ‘corrective step’ to create an ecosystem for manufacturing them locally, according to a top government official.
- Region
- South Asia
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ICICI Bank Launches India’s First Contactless Mobile Payment Solution
ICICI Bank today unveiled a contactless mobile payment solution, which it claims to be first of its kind in India. As per ICICI, this payment solution enables its credit and debit customers make in-store contactless payments by just waving their smartphones near an NFC-enabled merchant terminal. This mobile payment solution has been launched today for the employees of the bank and will be available for its customers in the last week of March when the updated 'Pockets' application will be available on Google Play Store. An ICICI Bank credit and debit customer (VISA/Mastercard) with an NFC enabled smartphones of Android 4.4 OS & above will be able to use this solution.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Analysis: Financial Inclusion Implications of India’s new National ID Law
On Friday, the Lok Sabha stamped its overwhelming approval on the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill. Since it is a money bill, the Rajya Sabha cannot exercise a veto. It is for all practical purposes just short of becoming law.
- Categories
- Uncategorized
- Region
- South Asia
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Clean Street Food Project Launched
With a view to raise the safety standards of foods sold on streets across the capital city of New Delhi, the Union Minister for Health & Family Welfare J P Nadda launched Project ‘Clean Street Food’ in the presence of Rajiv Pratap Rudy, Union Minister of State for Skill Development & Entrepreneurship (Independent Charge), on Sunday.
- Categories
- Health Care
- Region
- South Asia
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