Snehal khanna Blog

The feature is currently in beta but has not been publicly announced because it is not widely available at this moment Latest news :  contrary to media reviews claiming that now you can switch cash via WhatsApp in India, the virtual fee characteristic within the platform continues to be within the testing segment and could be officially rolled out to over 200 million Indian customers inside the days to come. The feature is currently in beta but has not been publicly announced as it isn't always widely available at this second. some users have acquired the beta replace but "it is going to be incorrect to anticipate that the characteristic is currently live in India for all customers," knowledgeable resources informed IANS. "There might be an legit statement when the characteristic subsequently goes stay in India," they delivered. while released, the new payments characteristic is about to provide a tough opposition to Paytm and different digital ...

Google might have entered the space a year late, but competition is still scarce LATEST NEWS : A little over a month after entering into the digital payment ecosystem in India, Google’s Unified Payments Interface (UPI) app Tez has racked up 7.5 million users who have made over 30 million transactions. In a call with investors on Friday, Google CEO Sundar Pichai said that he was “really excited about the potential this (Tez) brings for India's mostly cash-based economy” while also revealing the growth figures for the app. While Google has not been able to demolish rival BHIM’s record of getting 10 million installs in just 10 days thanks to Prime Minister Narendra Modi backing, but it’s a commendable feat considering that Tez has lacked several features at launch. But coming into the UPI payments space a little more than a year late, Google has demonstrated that there still is space for growth in India’s digital payments ecosystem. Tez also sets the precedent f...

From Myntra and Jabong to PhonePe, and now talks with BookMyShow, Swiggy, UrbanClap - Flipkart could be eyeing stakes in or buyouts of smaller peers to grow its own top line LATEST NEWS     :India’s largest home-grown internet company Flipkart is looking at acquiring stakes or buying out smaller peers to grow its own top line, a model perfected by Chinese counterparts Alibaba, Tencent and Baidu. Flipkart is said to be in talks with multiple firms like online food-ordering and delivery service Swiggy, home services firm Urban Clap, online furniture retailer Urban Ladder, ticket-booking platform BookMyShow and even some financial technology firms, according to a Livemint report on Monday. These deals seem to be at an exploratory stage, but Flipkart’s intent is increasingly becoming clearer. While investments in some of these firms might have obvious benefits – for example, Urban Ladder could list its furniture exclusively on Flipkart, or Swiggy’s delivery fl...

Flight tickets booked on Paytm will only be charged a cancellation fee from their respective airline Latest news  : Paytm has waived off cancellation handling fee for flight tickets booked on its platform. Customers cancelling flight tickets booked on Paytm will only be charged a cancellation fee from their respective airline and no additional handling or processing fee. Most online travel sites in India charge a cancellation handling fee when a customer requests ticket cancellation. This fee is typically charged on a per passenger basis and is applicable even if cancellation is requested several weeks ahead of the travel date. "This is a first-of-its-kind initiative among the leading online travel sites in India. We believe in having policies that enable us to protect the best interests of our customers and zero cancellation handling fee is just another step in this direction," said Vice President of Paytm, Abhishek Rajan. Read this: Samsung Galaxy Tab...

The additional 14 fulfilment centres will bring the total to 41 centres for Amazon in India Amazon India is doubling its storage capacity with the addition of fourteen new fulfilment centres this year as it looks to cater to a growing base of Prime customers who demand expedited shipping. The company says the expansion will create an opportunity for the employment of around 5,000 individuals, spread across its 14 new centres. This figure will not include the temporary workforce Amazon hires to fulfill increased order demand during festivals and sales. Read this: Gaining in translation: Language users are blowing up internet in India "We've continued to expand our network over the past three years. For Prime customers, this growth in fulfilment centres enables them to get deliveries faster. So as the Prime customer base in India grows bigger they will be able to benefit from this," said Akhil Saxena, Vice President for Customer Fulfilment at Amazon Indi...

The funding, expected to materialise in 3 weeks, to help push firm's banking and finance investments Alibaba-backed online marketplace company Paytm , which is in a rapid expansion mode, is in talks for a fresh round of funding for investment in banking and finance, besides other expansion plans. The company, it is learnt, is looking to raise around Rs 12,000 crore from Japan’s SoftBank, in the single-largest investment in an e-commerce company. The funding, it is believed, could materialise within the next three weeks, though Paytm Founder and Chief Executive Officer Vijay Shekhar Sharma did not comment on it. Read this : Paytm parent One97 set to raise over $1.8 billion from SoftBank: report Paytm, in tie-up with MMTC’s Swiss venture PAMP SA, on Thursday launched a wealth-management platform that allows you to invest in gold for as low as Re 1, in the first such initiative anywhere in the world. It announced the launch of ‘Digital Gold’, a vertical to allow i...

The list also includes Donald Trump, Vladimir Putin and Theresa May, among others Prime Minister  Narendra Modi  and Paytm founder  Vijay Shekhar Sharma  were the only two Indians to make it to the  Time ’s  annual list of ‘100 most influential people in the world’. The list features pioneers, artists, titans, leaders and icons from around the world honoured for “the power of their inventions, the scale of their ambitions, the genius of their solutions to problems that no one before them could solve.” US President Donald Trump, Russian President  Vladimir Putin  and British Prime Minister  Theresa May  are also included on the new list. The profile of Modi, 66, was written by author Pankaj Mishra. “Once barred from the US for his suspected complicity in anti-Muslim violence, and politically ostracised at home as well, this Hindu nationalist used Twitter to bypass traditional media and speak directly to masses feeling l...