E-commerce policy in six months; to tackle data privacy, tax issues

E-commerce policy in six months; to tackle data privacy, tax issues

New Delhi, Apr 25: The government has announced that a framework for an e-commerce policy will be prepared within the next six months. The comprehensive policy is expected to focus on all aspects of the e-commerce business and consumers. It will encompass data privacy and taxation, apart from a host of technical aspects such as […]

India inks $125 mn loan pact with World Bank for inclusiveness project

India inks $125 mn loan pact with World Bank for inclusiveness project

New Delhi, Apr 25: The government has inked a loan agreement of USD 125 million with World Bank’s investment arm to fund ‘Innovate in India for Inclusiveness’ project. The loan agreement was signed between Sameer Kumar Khare, joint secretary, Ministry of Finance and Hisham Abdo, Acting Country Director, World Bank (India), an official statement said […]

Air India disinvestment: Around 150 parties seek info on carrier’s sale

Air India disinvestment: Around 150 parties seek info on carrier’s sale

New Delhi, Apr 25: Around 150 players have shown interest in the Air India privatisation process, made queries and sought clarifications on the terms of the flagship carrier’s sale. These include both foreign and Indian airlines, as well as a number of domestic and external non-aviation entities. “The stakeholder consultation has got a good response. […]

Oil, natural gas, coal prices expected to rise too by 20%

New Delhi, Apr 25: Prices for energy commodities like oil, natural gas and coal are expected to jump by a whopping 20 per cent this year, the World Bank has said in a report. The increase in energy prices is expected to have adverse impact on India, given that the country is heavily dependent on […]

Airtel brings Apple Watch Series 3 to its customers

Srinagar, Apr 25: Bharti Airtel announced a partnership with Apple for the India launch of the Apple Watch Series 3 (GPS + Cellular). The watch will come enabled with built-in cellular and will be available on Airtel Online Store. Airtel customers can make the most of the Apple Watch Series 3 on India’s fastest network […]

Bankers clear proposal for sale of Educomp to Ebix

Bankers clear proposal for sale of Educomp to Ebix

New Delhi, Apr 25: A 27-member Committee of Creditors (COC) consisting of 24 Educomp Solutions Limited (ESL) banks and lenders and three lenders of its subsidiary Edu Smart Services Private Limited (ESSPL) has recently cleared a proposal for the sale of ESL to Nasdaq-listed Ebix Inc., a leader in insurance and payment processing software and […]

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