November 13, 2020 - Senior payment execs to set up umbrella entity under new RBI norms

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Invite Friends   From the Editor's Desk The Great Covid-Driven Teamwork Divide For most teams, the pandemic either brought colleagues closer or drove them increasingly apart. There are three key reasons why. What makes a team more than the sum of its parts? Its cohesion or connectedness, which allows for pooling of individual members' strengths and compensates for their weaknesses. Accordingly, Google's landmark Project Aristotle study found that the single most important driver of team performance was not the skills, intelligence or personality of a team's members, but rather the quality of the team's interactions and whether members felt psychologically safe. The Covid-19 pandemic is perhaps the greatest threat to team connectedness we have ever seen. Colleagues who were mostly co-located - often literally within arm's reach of one another - have been forced to disperse across cities, even countries. As we saw this occurring, we fretted for the future of these teams. Would close working relationships built up over months if not years simply be scattered to the four winds? To capture the effects in real time, we launched a survey back in June about how teams were being impacted by Covid. More than 500 professionals around the world responded. The findings surprised us. Continued here TradeBriefs: What's important, not just what's popular! Advertisers of the day Emeritus: PG Diploma in Innovation & Design Thinking online program | Accepting applications Emeritus : PG Diploma in Digital Marketing Strategies in collaboration with Columbia Business School Executive Education | Apply Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.   Digital Senior payment execs to set up umbrella entity under new RBI norms The umbrella entity will broaden the digital payments landscape in India, reduce dependence on NPCI, and increase innovation. Digital Stockholm based Gimi Launches in India To Cater to Young Adults with the Intent of Making Them Proficient in Personal Finance To help children learn finanances from an early age Neowise technologies has launched the Gimi app to help parents teach financial education to their kids. Digital Google Photos abandons unlimited uploads amid storage changes Sweeping changes to Google's online storage mean almost everything counts towards storage limits. Digital ICICI Digital Store Management platform: Convert kirana shop to online store in just 30 minutes ICICI Digital Store Management platform: Convert kirana shop to online store in just 30 minutes - Any kirana store owner can apply for the Digital Store Management platform while they are applying for a PoS machine on ICICI Bank's Eazypay application for merchants. 9 More Digital Stories Franchise ETRise Top MSMEs Ranking: A wheelchair that can climb stairs, travel up to 25 km Access for the differently abled in the country has been a quintessential problem. With an aim to upend this segment, Bengaluru-based Ostrich Mobility brings affordable, customised and sustainable solutions providing easy mobility to wheelchair-bound users. Franchise MSMEs to benefit as Sitharaman extends Rs 3-lakh crore collateral-free ECLG scheme, provides support for stressed sectors The Finance Minister said a total amount of Rs 2.05 lakh crore has been sanctioned to 61 lakh borrowers, out of which Rs 1.52 lakh crore has been disbursed. 2 More Franchise Stories HR Arvind Fashion appoints Shailesh Chaturvedi as MD and CEO Suresh, current MD and CEO, who joined the company in September 2005, will work with Chaturvedi for a smooth transition. After stepping down from his post, Suresh will continue on the AFL board will advise on strategic issues HR Up-skilling the HR team: Key trainings to keep up with the digital transformation When we ourselves are unable to appreciate this how will we ever support others in digital transformation What skills do we need to develop HR How AI is helping make employees happy at Genpact The tool is keeping a regular pulse on individual employee sentiment and has helped Genpact immediately identify unhappy employees, jump into action t.. 8 More HR Stories Logistics Harley Davidson to Leave India After Poor Sales The American icon saw promise in the world's largest market for two-wheelers. But its bikes sold poorly in a country where incomes are low and manufacturing isn't easy. Logistics Shipping ministry to now include ports, inland waterways Shipping ministry to now include ports, inland waterways 10 More Logistics Stories Construction How home buyers, developers will benefit from tax sop on purchase of new house up to Rs 2 crore The income tax sop announced by the government will provide relief to the home buyers on the notional gains on which he/she is required to pay income tax as per his/her slab. Here is how a home buyer and a builder will benefit under the announcement. Construction Singaporeans snap up properties during worst ever recession This broad-based buying spree, which has pushed prices and sales to multi-year highs, has some parallels with a housing market boom seen in late 2009 as Singapore emerged from the global financial crisis. That forced the government to initiate several rounds of cooling measures to cap surging prices. Construction London Penthouse in Former U.S. Embassy Sells for (an Almost Record) $186 Million The development even has its own Oval Office replica at the entrance of the building Construction FM announces Rs 18,000 crore additional outlay for urban housing scheme Nirmala Sitharaman said the move would help start work on 12 lakh houses as well as complete 18 lakh houses. This would create 78 lakh new jobs as wel.. 13 More Construction Stories Marketing IPL 2020 : Disney Star India generates 2500 Cr advertising revenues from IPL 2020 IPL 2020 : Disney Star India generates 2500 Cr advertising revenues from IPL 2020, IPL 2020 Advertising Revenues for Disney Star , IPL 2020 Star India Sponsors Marketing ASCI witnesses sharp rise in misleading ads in Aug-Sept Education, pandemic-related claims in healthcare sectors top the list Marketing Adulting in my PJs: Three months in advertising amidst a global pandemic Ananya S Rao, Strategy Associate, Dentsu Webchutney pens down her experience of working in an agency amid a global pandemic. "Looking back at the beta version 14 More Marketing Stories Politics India Slams Pak Over Missing 26/11 Attack Conspirators From Terror List India on Thursday rejected Pakistan's latest list of terrorists involved in the 26/11 Mumbai attacks, saying it "glaringly omits" the mastermind and key conspirators of the terror strike. Politics Flagged 3,00,000 "Potentially Misleading" US Election Tweets: Twitter Twitter labeled 3,00,000 tweets related to the US presidential election as "potentially misleading" in the two weeks surrounding the vote, making up 0.2 percent of election-related posts, the company said Thursday. 8 More Politics Stories Sports How Pakistan gamers joined hands for Kashmiri's Indian PUBG team In Pakistan, meanwhile, the competitive PUBG season had been ravaged by Covid and a ban of their own in July. So Team Freestyle, the inaugural Pakistani champions in 2018, jumped at the opportunity. Sports Is Team India going to sport retro jersey from 1992 WC for limited over series in Australia? Is Team India going to sport retro jersey from 1992 WC for limited over series in Australia? - With IPL 2020 done and dusted, the Indian team has now embarked on a two-month-long Australia tour which is all set to begin from November 27. 4 More Sports Stories Entertainment Paatal Lok actor Asif Basra dies by suicide in Dharamshala Paatal Lok actor Asif Basra dies by suicide in Dharamshala. Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News, Bollywood News Hindi, Hindi Bollywood News at Bollywood Hungama.com. Entertainment Amazon Prime Video and Excel Entertainment greenlights season 3 of Mirzapur Amazon Prime Video and Excel Entertainment greenlights season 3 of Mirzapur. Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News, Bollywood News Hindi, Hindi Bollywood News at Bollywood Hungama.com. 6 More Entertainment Stories Work How To Have Restaurant Dining Without Lockdowns, Per New Stanford-Northwestern Study New research suggests a way to safely dine in without causing a Covid spike. Work Instagram: New tools to ban self-harm and suicide posts The social media app has rolled out technology in the UK and Europe to identify harmful posts. 17 More Work Stories Life Greece is slashing income taxes to lure remote workers from abroad Anyone moving to Greece in 2021 won't have to pay income tax on half of their salary for seven years, the latest effort to make the country more attractive to foreign investors. Life Asia's Largest Ship-Breaking Town Is Beached Like Never Before Alang yard on the western coast of India accounts for roughly 40 percent of global ships that are scrapped. Editor's Note: He estimates the losses for the ship-breaking industry at Rs 400 to Rs 500 crore ($53 million to $67 million) due to the lockdown. "While we had no earnings, we ensured that workers were paid. We also gave ration kits to those who stayed back. It added to our expenses," said Parmar. Alang has 132 working plots for dismantling ships and each plot employs around 200 to 300 workers. 20 More Life Stories Retail Jubilant Foodworks Jul-Sep profit up amid record downloads of Domino's app Same store sales growth that refers to the year-over-year growth in sales for restaurants opened before previous financial year was down 20% in the second quarter Retail 'Buy local' emerges as flavour of festive season as companies promote small biz While Google has been running a television campaign about discovering small businesses, Instagram has partnered with Kareena Kapoor Khan to promote small and medium businesses. Also, a part of Amazon India's festive campaign has been created around supporting local businesses this Diwali. Retail MyGlamm offers show of confidence in high street retail; opens largest beauty store in India MyGlamm has opened a new 3000 sq ft beauty store, said to be the largest space in India – offering a boost of confidence in high street retail following the pandemic. Retail 'India startups seek high-tech solutions to colossal food waste' Seizing on controversial new deregulation, entrepreneurs are selling farmers apps to connect them to big buyers nationwide and using artificial intell.. 10 More Retail Stories Telecom India set to emerge as global 5G gear manufacturing hub Gear makers said they are hopeful the new PLI scheme will incentivise companies that do higher levels of local value-addition and spend more on research and development (R&D). Make us part of your daily routine   TradeBriefs and TradeBriefs International, bring you the best in business, culture, science and opinion. We bring you the important stories, not just the popular ones! Telecom Foxconn sees strong iPhone 12 demand, reiterates US investment Apple supplier Foxconn forecast strong demand for the new iPhone 12 in the holiday quarter and stressed that it would continue investing in the United.. Telecom PUBG Mobile India to be launched soon; parent aims to invest $100 million PUBG Corporations, the creator of popular mobile Battle Royale game Playerunknown's Battlegrounds and a subsidiary of South Korea's Krafton on Thu.. Telecom Group of 165 Google critics call for swift EU antitrust action: Report A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the US tech giant unf.. 10 More Telecom Stories Finance Atmanirbhar Package 3.0 To Entail Near-Term Spend Of Up To 0.6% Of GDP India’s fiscal deficit for 2020-21 is now seen rising to 13% of GDP from 12.4% earlier. Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Finance Sequoia Capital-backed Indigo Paints files for Rs 1,000-cr IPO Finance SIDBI commits Rs 250 cr funding to 3 firms; Stride Ventures gets up to Rs 85 cr Last week, SIDBI had tweeted that it would provide Rs 250 crore to three entities - Stride Ventures, India SME Investments Fund and JSW Ventures Trust. "Furthering the Startup India Mission, SIDBI commits additional Rs 250 crore to 3 Alternative Investment Funds under Fund of Funds for Startups (FFS) of GoI," it had said. Finance Yes Bank case: Rana Kapoor's daughter Roshni gets bail Roshni Kapoor was summoned by the court last month in connection with the case. She is one of the eight accused named in the chargesheet filed in the case by the CBI. Finance How should you change your financial resolutions in the pandemic HOW SHOULD YOU CHANGE YOUR FINANCIAL RESOLUTIONS IN THE PANDEMIC 18 More Finance Stories Food/FMCG India loses 21% of brand value to $2 trillion due to corona pandemic: Report The US continues to lead the brand value league with $23.73 trillion after losing 14.5% of its followed by China, which lost its value by 3.7% to $18.76 trillion, brand valuation and strategy consultancy Brand Finance said Food/FMCG Once a noodle brand to now a household staple: the Tops story of becoming a Rs 300 Cr company GD Foods' Tops was started in 1984 as a noodle brand. Here's how the processed food brand became a Rs 300 crore turnover company. Food/FMCG Craft beer entrepreneur, former ad executive team up to launch new hand sanitizer brand "The idea to set up Svish was conceived because we felt there was a genuine need for sanitization products that would smell good and contain elements that make their use pleasurable", said Jaideep Mahajan, Svishs co-founder who has spent twenty years in advertising. The company launched its range of hand sanitizers on Wednesday and retails through major e-commerce platforms such as Flipkart and Amazon. Food/FMCG Of digital-first consumer brands and challenges A sound, tech-enabled ecosystem is critical to build trust for digital-first brands 8 More Food/FMCG Stories Software One of India's top VC firms is on the hunt for deeptech startups in healthcare and agritech Sudhir Sethi and TCM Sundaram of Chiratae Ventures share how the COVID-19 pandemic has only convinced them to go deeper in deeptech.During the pandemic, the Software Zoho, TCS in pact to provide CRM, other services to big businesses To help corporates realise new revenue opportunities, gain operational efficiencies, drive business success from anywhere Software Indian entrepreneurs don't require protection. They need freedom Ant IPO drama exposes China's contradictions. As global economic gravity shifts to Asia, financial services entrepreneurs must be empowered to seize the opportunity Software TCS buys Pramerica Ireland, takes over 1,400 employees Close on the heels of acquiring Deutsche Bank's technology services unit Postbank Systems, TCS has acquired Pramerica Systems Ireland, the technology services business of insurance giant Prudential Fi Software Have produced 40 million doses of AstraZeneca Covid-19 vaccine, says Serum India News: Serum Institute of India, the world's largest vaccine producer, said on Thursday it has made 40 million doses of AstraZeneca's potential Covid-19 vacc 11 More Software Stories Ecommerce Amazon, Flipkart Likely To Be Fined For Not Displaying Country Of Origin Tag The companies will have to pay a fine of INR 25K for the first offence and the fine can get extended for multiple offences, the official added.  Ecommerce Climbing Out From The Abyss: How Snapdeal Is Turning Around Its Fortune After being on the verge of shutting down in 2017 following a failed merger with Flipkart, the Gurugram-headquartered company has seen revenue surge and unique customers grow by focusing on value ecommerce 9 More Ecommerce Stories TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India Subscribe to: Post Comments (Atom) Addresses of importance Dharmendra Kumar AID INDIA, Bihar Chapter west from state tube bell lohiya path linked with Jagdeo Path patna-14 (Bihar) call @ 9431477171, 9801157286 (India #) Account Details Account Number: 03510020000278 Bank Name: Kotak Mahindra Bank Account name: AID INDIA Bihar Chapter Medicine List Click here for the list of medicine you can donate. If you can donate please coordinate with Dharmendrajee@9431477171 , his number is given Thanks Please donate! For Dollar donations (Tax Deductible) For Rupee Donations in India  Dharmendra ji is leading our flood relief in Bihar and a source of constant inspiration for us to provide more help to the flood victims. You can call him @ 9431477171 if you want any direct feedback from the ground level or for sending any material. Convenient timings to call: 7:00 AM to 9:00 AM in Morning (IST) 10:30 PM to 12:00 AM in Evening(IST) Latest Update: Health care, a prime concern at the moment. As the water is receding in some areas, they are becoming epidemic prone ! This blog has information received from Bihar on flood relief efforts undertaken by AID, AID India and partners. Donations links: Please Click here to view pics on gallery Please visit http://biharfloodvideos2008.blogspot.com/ to see the video coverage on Bihar Floods. News List Bihar flood victims prone to water-borne diseases Bihar flood survivors struggle to keep afloat - GULFNEWS.COM Bihar flood: ‘Goats and dogs sharing meals with people’ - EXPRESSINDIA.COM Bihar flood situation grim, millions cry for rescue - Economic Times UNICEF expresses concern over Bihar floods - MERINEWS.COM Too little relief for Bihar flood victims - NDTV Kosi wreaks havoc in Bihar - NDTV Blog Archive ►  2024 (17) ►  April (4) ►  March (6) ►  February (7) ►  2023 (530) ►  December (6) ►  November (14) ►  October (33) ►  September (40) ►  August (25) ►  July (87) ►  June (10) ►  May (45) ►  April (6) ►  March (14) ►  February (113) ►  January (137) ►  2022 (188) ►  December (108) ►  November (1) ►  October (6) ►  September (22) ►  July (2) ►  June (3) ►  May (8) ►  April (4) ►  March (16) ►  February (2) ►  January (16) ►  2021 (147) ►  December (14) ►  November (1) ►  October (6) ►  September (15) ►  August (22) ►  July (20) ►  June (14) ►  May (21) ►  April (22) ►  March (8) ►  January (4) ▼  2020 (211) ►  December (7) ▼  November (24) Become industry-ready and create customer-centric ... 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