Demonetization

MobiKwik has recently announced the launch of MobiKwik Lite, a light mobile wallet that is easy to understand and and works even on basic Internet connection. Being an under 1 mb app that works smoothly on EDGE connections, the app...

Amid upror over the ongoing demonetisation issue and to promote card payments, the Central government has slashed levies on Point of Sale (PoS) machines whose demand has increasingly increased by merchants post demonetisation of high value currency. The Government has...

Hindustan Unilever Ltd., India's largest consumer goods company, recently said that its near-term performance would be "adversely impacted" due to the ongoing demonetisation scheme of the government. Adding that in the long term it would be "win-win for everyone". In...

Founder and Chief Executive of Paytm, India’s largest mobile payments and commerce platform, recently said in an event that the company is 'as Indian as Maruti' and prides itself on being a representative of the 'India Story. Sharma was replying...

Zomato, the online restaurant aggregator and food delivery platform, has experienced 200 per cent growth in its online business post note ban. The company has seen no impact on its order volume, in fact the orders placed on its...

V-Mart Retail, which has a network in tier II & III cities would allow cash withdrawal of up to Rs 2,000 from its store through ATM cards. The retail chain, which operates 136 stores across 116 cities, will enable Smart...

A survey participated in by 8,000 respondents has found that 90 per cent of traders and small retailers across the country experienced a decline in the business post the demonetization of Rs 500 and Rs 1,000 notes. "90 per cent...

Aiming to ease the cash crunch after the Government's demonetisation move, INOX Leisure, a cinema exhibition chain, on Friday partnered with State Bank of India (SBI) to provide withdrawal facilities at INOX properties across the country using a debit...

Post-demonetization, Mumbai's bustling and glittering Zaveri Bazar, the national bullion and jewellery market, wears a forlorn, deserted look. Thousands of big and small jewellery shops and glittering showrooms in India's oldest and biggest hub, as well as retail outlets in...

Post the demonetization of high value notes, India quite literally embarked on cashless economy with an exponential increase in number of consumers and merchants using mobile wallets. And now, it seems, the World cannot stop noticing it. As per a...