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.
NextBigWhat brings you well curated wisdom, news and actionable insights.
In a world where algorithms are deciding what you read (and learn), we bring a holistic view on product and growth – curated by the experts, enabling you to learn from the knowledgable sources and save time in discovering them.