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Unilever, P&G Try Tweaked Formulas, Higher Prices for Developing World
Marketers are counting on many more reactions like hers throughout the developing world. For decades, consumer-goods companies expanded in emerging economies through rock-bottom prices and small, affordable pack sizes. At Unilever, the world’s second-largest consumer-goods maker by revenue after Procter & Gamble Co. , that meant one-use sachets of Sunsilk shampoo and 3½-ounce bars of Lifebuoy soap.But now, with the global economy sluggish and emerging-market sales growth waning for the first time in years, companies are employing a developed-world strategy with their poorest customers: Pack more features into basic products and raise their prices.
- Region
- South Asia
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Mahindra Comviva Powers India’s ‘First’ Health Care App by Telangana Government
The Telangana Government today announced the launch of India’s first dedicated health care app for the Ministry of Health & Family Welfare to provide citizens with convenient access to healthcare as part of its effort to fulfill the Digital India Initiative. The app which is powered by Mahindra Comviva, the global leader in providing mobility solutions was conceptualized by the Healthcare Innovation Cell (HIC) of the Ministry of Health.
- Categories
- Health Care, Technology
- Region
- South Asia
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Triotech Raises $3 Million From Singapore VC Firm Bluehill
Mobile payment services company Triotech Solutions has raised $3 million (nearly Rs 19 crore) from Singaporebased venture-capital firm Bluehill in its first round of funding.
- Categories
- Uncategorized
- Region
- South Asia
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Banyan Green raises Rs 1 crore from I3N, other angels
Banyan Green Fuels, a startup that develops customised biofuels for clients, has raised Rs 1 crore from Intellecap Impact Investment Network (I3N) and other angel investors.
- Categories
- Energy
- Region
- South Asia
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Nestle-NGO Tie-Up to Provide Adolescent Health Education
In order to inform adolescents about the benefits of proper nutrition and maintaining a healthy lifestyle, Nestle India signed an agreement Wednesday with Magic Bus India Foundation, an NGO, a company statement said here.
- Categories
- Education, Health Care
- Region
- South Asia
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World Bank commits over $1 billion to Bangladesh
The fund would benefit almost 36 million people by improving the quality of primary education, building coastal communities’ resilience to natural disaster, and increasing the nutrition and cognitive development of children.
- Categories
- Impact Assessment
- Region
- South Asia
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Myanmar anticipating a leap-frog in development through financial inclusion
An overview of the Financial Access Landscape and the usage of financial services by consumers in Myanmar.
- Categories
- Uncategorized
- Region
- South Asia
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Is India approaching a perfect storm in digital financial services?
In the use of digital technologies, financial services in India lag behind other sectors. But a perfect storm may soon come and enable technology-led disruption at a far greater scale.
- Categories
- Uncategorized
- Region
- South Asia
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