India Post announces full-fledged entry into e-commerce
“”We have simplified decision-making process at Department of Posts (DoP) by setting up a separate parcel directorate. It can make quick decision on parcel rates and related provisions. India Post will leverage its vast network for e-commerce services for doorstep delivery of products,”, Communications Minister Manoj Sinha.
Mastercard says it will start deleting data of Indian cardholders from global servers
The Reserve Bank of India (RBI) in April issued a new regulation, which came into effect from October 16, requiring payments companies to store all information about transactions involving Indians solely on computers in the country.
Mastercard said all new Indian transaction data is being stored at its technology centre in Pune as of October 6, as required by the RBI directive on data localisation.
The company cited the loss of interest of buyers it had lined up for the plant as being the reason for making the move. Nokia had asked the government to de-link the plant from the income tax case, but so far no decision has been made on the same. The company is trying to dispose of the unit as soon as possible, but the longstanding dispute with the income tax authorities isn’t allowing the company to do the same.
The Ministry of Women and Child Development has tied up with eBay to build a platform for economically disadvantaged women to sell their products to a global market. The ministry headed by Maneka Gandhi, will identify, train and equip women to open ‘Eshops’ for selling their products on eBay.
.@_sachinbansal brother, what's this? We're exclusive with @amazonIN pic.twitter.com/0QBoyagoXz — Carl Pei (@getpeid) December 16, 2016 What’s with these promotions, Flipkart? OnePlus 3 is exclusive with Amazon India. FYI : @Carl…