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Friday, April 20, 2018
Paytm logs in to Forex, to start offering foreign exchange services soon

Paytm logs in to Forex, to start offering foreign exchange services soon

After introducing savings, wealth management and a host of other services, Paytm is all set to foray into foreign exchange and cross-border payments as well under its payments bank entity, having already received the authorised dealership (AD Category II) licence from the Reserve Bank of India. Besides Paytm, other payments banks like Airtel Payments Bank and Jio Payments ...more

Today’s headlines
Policy & Regulation
Department of Telecom awaits foreign direct investment clearance for Idea-Vodafone merger approval
DoT is waiting for DIPP to give clearance for raising the foreign direct investment (FDI) limit in Idea Cellular to 100 per cent before approving the merger of Vodafone India with the Aditya Birla group firm, as per official sources. "Only FDI clearance for Idea.... more
Companies may redefine social media dos, don’ts
Companies may revise their policies on the online behaviour of employees, even in their private capacity, as some comments face a backlash from social media users in the country, CEOs and HR managers said. For instance, Kotak Mahindra BankNSE... more
Technology
Samsung jumps on blockchain bandwagon to manage its supply chain
The world's biggest maker of smartphones and semiconductors may use the technology behind cryptocurrencies to manage its vast global supply network. Samsung Electronics is considering a blockchain ledger ..... more
Reports
Citizens don't want telecom towers in residential areas
The installation of mobile towers near schools, residential areas and hospitals is one of the biggest issues faced by the city residents. They want the city corporation to ensure that mobile towers are either installed in commercial areas or in open..... more
Vodafone, Idea may let go of over 5000 employees
The ongoing merger process of Vodafone India and Idea CellularNSE -1.37 % could see about a fourth of the telcos’ combined 21,000-strong workforce lose jobs in the next few months as the companies look to save on costs, eliminate duplication.... more
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