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Month: August 2018

Recent acquisitions by Amazon in India

Recent acquisitions by Amazon in India

Amazon being the fastest growing e-commerce in India is not only looking to expand in terms of Amazon retail, it is now aggressively focusing on other verticals like Amazon pay and Amazon Now. Amazon pay has recently acquired Tapzo (India’s first all in one app) at the valuation of $40-$45 Million and planning to acquire More Supermarket by Aditya Birla Group at the valuation of $59.3 – $ 63.5 million (4200-4500 crore INR). As amazon is growing in India, it…

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Future of Paytm after Berkshire Hathaway Investment

Future of Paytm after Berkshire Hathaway Investment

Berkshire Hathaway, one of the world’s leading investment firms in USA which has never invested in technology private stock has finally came down to the decision of buying stake of 3% – 4% of Paytm. Mr. Vijay Shekhar Sharma, CEO and Founder of Paytm has made a deal with Mr. Todd Combs, the investment manager, Berkshire Hathaway for Rs 2000 crore – Rs 2500 crore at a valuation of $10 Billion. This has given valuation up from over $7 Billion…

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JAM (Jan–Dhan Aadhar Mobile) Trinity

JAM (Jan–Dhan Aadhar Mobile) Trinity

JAM trinity refers to the Government of India initiative to link bank accounts, mobile number and Aadhar cards of the citizens to directly transfer subsidies to the intended beneficiaries and eliminate leakages and intermediaries. The JAM trinity was proposed in the economic survey of 2014-15. What is Jan – Dhan Yojana? Prime Minister of India – Narendra Modi wished that every citizen of India should enjoy a Zero Balance account. So Narendra Modi launched the Jan – Dhan Yojana campaign…

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Golden rules to follow for a financially healthy life

Golden rules to follow for a financially healthy life

All of us want to be successful. Although individuals define success differently, we are talking about wealth. We aspire to live a comfortable life and strive hard to offer the best to our family. Many people believe that investing is all about timing the market. You would find countless supporters of this theory over the internet and in the media, but we believe otherwise. In fact, it is the financial discipline that will help you achieve your long-term financial goals….

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Fintech in today’s scenario

Fintech in today’s scenario

FinTech is about companies creating computer programs and other technology used to support or enable banking and financial services. With the everyday change in the world, companies recognize the opportunity to modify the financial services industry through fintech disruption. In introducing fintech consumers and companies, both have already started to take the benefits. The smartphones are used for mobile banking, investing services and cryptocurrency to make financial services easier and more convenient to the general public. Financial companies consist of…

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Push for Digital Transactions by RBI

Push for Digital Transactions by RBI

Digital transactions all over the world gained popularity and is preferred means of payment in developed countries. While India is slowly adopting to the digital transactions the growth of adoptions is slower in comparison to the countries which are similar in economy and population. RBI has stressed the need for adopting digital transactions for the following reasons: Check the black money market: Black money market is mostly cash based. Digital transactions help track the transactions more effectively and aids to…

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