India’s two largest banks have announced new tech measures to enhance banking experience. While State Bank of India has launched a mobile wallet app, SBI Buddy in collaboration with Accenture and Mastercard, ICICI Bank Ltd has introduced ‘Smart Vault’, a fully automated locker facility with high-end robotic technology.
Taj Mahal has become the first wonder of the world to have its own Twitter handle.’
The debut was made on India’s Independence Day on August 15, 2015 with the first tweet, “There are two kinds of ppl in the world. Those who have visited me and follow me here and those who haven’t seen me and yet follow me here.”
You don’t need to be a lifetime government babu to land a top position at a government bank anymore. In a big bang announcement, the Government of India has appointed two private bankers to head two of the prominent public sector banks in the country.
Leading industrialist O. P. Munjal, 87, Co-Chairman of Hero Cycles Ltd has passed away today. A legend in his lifetime, Munjal’s company is the world’s largest bicycle manufacturer with a capacity of 7.5 million bicycles annually.
If normal startup pitches make you nervous, imagine pitching your startup to the US President.
That’s what happened on August 4, when President Barack Obama hosted the first-ever White House Demo Day focused on inclusive entrepreneurship.
Consulting and outsourcing firm Accenture has named Rekha Menon as its new India Chairperson. She would be the first woman to head the company’s operations. She would take over on August 21. She succeeds Avinash Vashistha who resigned in July.
Gold began 2015 at about $1,175 an ounce. By January 23, it had rallied to almost $1,300. In February, it slipped about $60 and the fall continued in March. After a brief consolidation, it has been on a downtrend since June. Since July 20, 2015, when gold slipped below $1,100, it has remained in that region so far.
Where’s gold going? Here’s an update.
FabFurnish.com has fired at least 50 employees, or about a fourth of its workforce. It is vacating warehouses as part of a business restructuring. The online furniture seller is changing its model and laying off employees at various levels. The company said it has “undertaken a resource optimisation exercise” and is “hiring a talent pool ideal for our new business positioning”.
Nestle India, facing trouble for the last several weeks over the ban on its popular Maggi noodles, has got major relief today. The Food Safety and Standards Authority of India (FSSAI)- approved laboratory of Central Food Technological Research Institute (CFTRI) has found Maggi noodles to be in compliance with the country’s food safety standards.