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xtake-me-to-neverlandx · 6 years ago
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How to Link Aadhaar with Bank Account
The Government of India has issued a notification that requires you to link your Aadhaar with bank account before March 31, 2018. Failure to do so will result in your bank account becoming inoperable. While the Supreme Court will begin the final hearing on the petitions challenging Aadhaar from January 18, the Government of India has expressed willingness to link Aadhaar with bank accounts to avail benefits of State-run services.
The Unique Identification Authority of India has also tightened rules to map the Aadhaar number to bank accounts in the wake of data misuse allegations against Bharti Airtel. Now, the bank will need customer’s “explicitly informed consent” to link the bank account with the unique identification number. As per the latest notification, the National Payments Corporation of India will also disable the override feature preventing banks from linking Aadhaar without the consent of users.
Online Aadhaar Bank Account Linking
1. You will have to login into your account using the internet banking username and password.
2. After logging in, click on the link termed as “Update Aadhaar Card details”, or “Link Aadhaar card” or “Aadhaar card Seeding.”
3. Provide the accurate information including your Aadhaar number in the space provided.
4.Verify the entered information and click on the ‘Submit’ button.
5. The next step will be verification and validation by the bank which will be conducted internally. You will receive a confirmation message for the same.
Offline Aadhaar Bank Account Linking
1. You can get the bank account Aadhaar link form in your bank’s local branch.
2. You will have to fill the information including your bank account number and Aadhaar number.
3. Submit the form at the counter along with a self-attested copy of Aadhaar card. Keep the original Aadhaar card handy, in case it is demanded for verification.
4.The bank will take a few days to link your bank account and Aadhaar number.
5.You will receive a message on your registered mobile on successful linking of the process.
Aadhaar Bank Account Linking via SMS
1. You will have to send UID (Space) Aadhaar number via SMS from your registered mobile number.
2. Alternately, for some banks, you will have to send the last six digits of your account number followed by the Aadhaar number.
3. In either case, you will receive a confirmation SMS once the linking is successful.
Most banks also provide an option to map your Aadhaar number using the ATM. This can be done using your debit card and PIN. The ATM menu could differ from bank to bank but would not be any different from withdrawing money. The only difference being, you will have to enter your 12 digit Aadhaar number to complete the seeding process. You can also link your bank account with Aadhaar number using the phone banking services provided by your bank.
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classyfoxdestiny · 4 years ago
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Business News Live: Maruti Suzuki India to recall over 1.81 lakh cars
Business News Live: Maruti Suzuki India to recall over 1.81 lakh cars
3:02 P.M.
U.S. funding tapped for Pacific undersea cable after China rebuffed
The Federated States of Micronesia will tap a U.S. funding facility to construct a Pacific undersea communications cable, after rejecting a Chinese company-led proposal that was deemed a security threat by U.S. officials, Reuters reported.
2:59 P.M.
Geely’s Volvo Cars warns on sales as supply woes dent output
Sweden-based automaker Volvo Car Group warned on Friday that sales volumes in the second half of 2021 could fall year-on-year after it was forced to cut production due to material shortages, Reuters reported.
The carmaker, owned by China’s Geely Holding, said sales fell 10.6% from a year ago in August, despite strong underlying demand, and cautioned the potential decline in volumes in the second half could impact revenue and profit.
2:54 P.M.
U.S. labor agency investigating two complaints from Apple workers
The U.S. National Labor Relations Board is investigating two cases filed by Apple Inc employees against the company, records on the agency’s website show, amid a wave of employee activism at a company known for its secretive culture.
Ashley Gjovik, a senior engineering program manager at Apple, filed an Aug. 26 charge, which cites harassment from a manager, reduction of responsibilities and increases in unfavorable work, among other complaints, Reuters reported.
2:48 P.M.
U.S. job growth seen slowing in August as Delta variant curbs services demand
U.S. employment growth likely pulled back in August after gaining nearly 2 million jobs in the past two months as soaring COVID-19 cases reduced demand for travel and entertainment, but the pace was probably enough to sustain the economic expansion.
Unemployment rate seen falling to 5.2% from 5.4%, Reuters reported.
2:33 P.M.
Deutsche Bank’s ESG Probe Triggers Review at Asset Managers
European asset managers are reviewing their ESG labeling and marketing claims following news of probes into the investing arm of Deutsche Bank AG, according to people close to the process, Bloomberg reported.
2:23 P.M.
Section of SpiceJet employees go on strike at Delhi airport over salary issues
A section of employees of SpiceJet airline went on strike at the Delhi airport on Friday morning over issues related to reduced salaries, PTI reported.
SpiceJet has been paying reduced salaries to a significant number of employees since 2020 as its finances have been hit due to COVID-19 pandemic-related travel restrictions. Other airlines have also cut the salaries since 2020 for the same reason.
2:15 P.M.
China’s SMIC to invest $8.87 bln for new chip plant in Shanghai
China’s Semiconductor Manufacturing International Corp will invest $8.87 billion to build a chip plant in Shanghai, it said on Friday, expanding capacity amid a global chip shortage as Beijing pushes to boost independence in the sector.
SMIC said it agreed to build a production line with monthly capacity of 100,000 12-inch wafers in the Lingang Free Trade Zone (FTZ) in the Pudong district of China’s business hub, Reuters reported.
2:12 P.M.
Tata Consumer Products rolls out new branding for Tata Soulfull range
Tata Consumer Products on Friday announced the rollout of new branding for the Tata Soulfull range of health and wellness food.
The company said it has integrated the Tata logo into the Soulfull portfolio, subsequent to Tata Consumer Soulfull Pvt Ltd becoming a 100% subsidiary of Tata Consumer Products in February 2021, PTI reported.
2:08 P.M.
Dollar hits one-month lows before payrolls test
The dollar sank to its lowest in almost a month against major rivals on Friday, ahead of a crucial U.S. jobs report that could spur the Federal Reserve to an earlier tapering of stimulus.
The dollar index was little changed at 92.227 after earlier touching 92.151 for the first time since Aug. 5, Reuters reported.
2:03 P.M.
Reliance aims at 100 GW renewable energy by 2030, bring hydrogen cost under $1: Ambani
Reliance Industries aims to generate at least 100 gigawatts of electricity from renewable sources by 2030, which can be converted into carbon-free green hydrogen, its chairman Mukesh Ambani said on Friday as he outlined a vision to bring down the cost of hydrogen to under $1 per 1 kg in 1 decade.
The focus on generating electricity from renewable sources of energy such as solar and wind will help cut carbon emissions in the world’s third-largest greenhouse gas emitter, PTI reported.
1:56 P.M.
Alibaba, Tencent Look Cheap Even With China Crackdown Risks, NYU Professor Says
Some of China’s bellwether Internet stocks are undervalued even as risks of further downside from Beijing’s regulatory clampdown persist, according to a finance professor at New York University.
Alibaba Group Holding Ltd. is the most undervalued by 12.7% compared to its fair value followed by Tencent Holdings Ltd. at 8%, PTI reported.
1:31 P.M.
Maruti Suzuki India to recall over 1.81 lakh cars
Maruti Suzuki India to proactively recall 181,754 units of some petrol variants of CIAZ, ERTIGA, VITARA BREZZA, S-CROSS AND XL6.
The automaker will inspect for a possible defect in these models manufactured between 4th May 2018 to 27th October,2020, PTI reported.
1:22 P.M.
Bharti’s rights issue credit positive for itself, neutral for Singtel: Moody’s
Bharti’s rights issue is credit positive for the company, said Moody’s Investors Service. It noted that the fresh capital would keep the leverage relatively stable amid 5G investments, ongoing cash payments for spectrum and settlement outgo related to AGR.
For Bharti’s 31.7% shareholder, Singapore Telecommunications (Singtel), the transaction is ‘credit neutral’, it said.
Bharti Airtel board had recently approved raising up to ₹21,000 crore by way of rights issue, at a price of ₹535 per share, PTI reported.
1:15 P.M.
Future Retail seeks an early hearing in the SC on its retail merger deal with Reliance
Future Retail Ltd Friday sought an early hearing in the Supreme Court on its fresh appeal against a recent Delhi High Court order which said it will implement an earlier direction restraining FRL from going ahead with its ₹24,731 crore merger deal with Reliance Retail.
Amazon and Future are having a legal tussle after the US e-commerce giant dragged Future Group to arbitration at Singapore International Arbitration Centre (SIAC) in October last year, arguing that FRL had violated their contract by entering into the deal with rival Reliance.
On March 18, a single judge bench of Justice J R Midha had imposed costs of ₹20 lakh on the Future Group and others associated with it and ordered attachment of their properties. The high court had asked the parties to file an affidavit detailing their assets within one month and show cause as to why they not be detained under civil prison, PTI reported.
  Sensex and Nifty continued their record breaking streak, opening at fresh record highs with Sensex crossing 58,000 for the first time. Asian shares held onto their gains while Oil fell ahead of a highly anticipated U.S. monthly jobs report.
There was something to rejoice for the Indian economy as the IHS Markit Services Purchasing Managers’ Index rose to 56.7 in August, expanding at its fastest pace since March 2020 when the pandemic began.
HDFC Life Insurance said it will buy the life insurance unit of battery maker Exide Industries for ₹6,687 crore, and added that Exide Life will merge into HDFC Life after the acquisition. After the IPO of Indian firms attracted significant interest from the investors around the world, E-commerce retailer Snapdeal is also considering an initial public offering that could raise about $400 million, Bloomberg reported.
12:45 P.M.
Japanese shares hit 30-year highs as Suga offers to step down
Japanese shares soared with the broad Topix index hitting a 30-year high, after Prime Minister Yoshihide Suga offered to resign, Reuters reported.
The country’s Nikkei share average rose 2.04% while the broader Topix vaulted 1.61% to reach levels not seen since April 1991. For the week, the Nikkei gained 5.4%, the most since early November when Joe Biden won the U.S. presidential election.
“Japanese shares had badly underperformed in recent months despite very strong earnings recovery and the only reason I could think of was a sense of stagnation due to the government’s poor response to the pandemic,” Takashi Hiroki, chief strategist at Monex Securities told Reuters.
12:25 P.M.
Snapdeal considers $400 million IPO
E-commerce retailer Snapdeal is considering an initial public offering that could raise about $400 million, Bloomberg reported.
The company is speaking with advisers regarding a potential listing in Mumbai next year that could value it at as much as $2.5 billion.
Discussions are still at an early stage, and the firm could decide not to proceed with the plan. Bloomberg said representatives for Snapdeal and SoftBank declined to comment.
12:13 P.M.
Copper edges higher as dollar sinks ahead of U.S. jobs data
Industrial metals were mostly higher today, with copper’s advance putting it on track for a second straight weekly gain, as the dollar sank to its lowest in almost a month ahead of a crucial U.S. jobs data, according to a Reuters report.
Three-month copper on the London Metal Exchange was up 0.6% at $9,433.50 a tonne, while the most-traded October copper contract on the Shanghai Futures Exchange rose 1% to 69,500 yuan ($10,760.35) a tonne, the report noted.
12:02 P.M.
Tata Motors opens 70 new sales outlets in South India
Tata Motors today inaugurated 70 new sales outlets across South India in one go, as part of its retail acceleration strategy. Spread across 53 cities, the new outlets have been strategically mapped to key emerging markets of the Southern region, the company said.
The showrooms will be home to the company’s ‘New Forever’ range of passenger vehicles, including its electric vehicles portfolio.
With the addition of new showrooms, Tata Motors’ network in Southern India (Karnataka, Tamil Nadu, Pondicherry, Telangana, Andhra Pradesh and Kerala) will be 272 and the retail footprint in India will grow to 980, a PTI report noted.
11:50 A.M.
Reddit seeks to hire advisers for U.S. IPO
Reddit Inc, the operator of online message boards, is seeking to hire investment bankers and lawyers for an initial public offering (IPO) in New York, Reuters reported, citing two people familiar with the matter.
Reddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit hopes it will be valued at more than $15 billion, according to the report.
11:10 A.M.
August service activity grows at fastest pace since pandemic began
India’s services industry in August expanded at its fastest pace since March 2020 when the pandemic began as businesses reopened and vaccination rates improved, Reuters reported citing a survey.
The IHS Markit Services Purchasing Managers’ Index rose to 56.7 in August, above the 50-level that indicates growth. PMI had been below 50 for three months and was 45.4 in July.
“The Indian service sector bounced back in August, led by the reopening of several establishments and improved client confidence due to growing vaccine coverage,” Polyanna De Lima, economics associate director at IHS Markit told Reuters.
“Service providers foresee a brighter outlook, with firms indicating that the economic recovery could be sustained if restrictions continue to be lifted and further waves of contamination can be avoided.”
11:00 A.M.
Indian companies’ foreign borrowing jumps 60% in July
Indian companies raised over $3.43 billion from foreign markets through external commercial borrowings (ECBs) in July this year, a jump of about 60% from a year ago, PTI reported citing RBI data.
Indian companies had borrowed $2.15 billion from overseas markets in July 2020.
Of the total borrowings during July 2021, $3.03 billion came in through the automatic route of the ECB, while $400 million was through the approval route.
10:45 A.M.
Sebi moves Supreme Court against SAT order on PNB Housing Finance
Markets regulator Sebi has approached the Supreme Court against the Securities Appellate Tribunal’s order related to the PNB Housing Finance’s ₹4,000 crore equity capital raise plan, PTI reported.
On August 9, the two-member bench of the Securities Appellate Tribunal (SAT) pronounced a split verdict, saying there was difference of opinion between the members of the bench. PNB Housing Finance is restrained by SAT from disclosing the voting results by the shareholders on the fund raise plan until further orders.
“It has been brought to our notice that SEBI has filed an appeal to the Supreme Court of India against the order of SAT,” PNB Housing Finance said in a regulatory filing.
10:15 A.M.
CEO, CFO of scam-hit Karvy arrested
Karvy Stock Broking Chief Executive Officer Rajiv Ranjan Singh, and Chief Financial Officer G. Krishna Hari of Karvy were arrested basing on a complaint by IndusInd bank for allegedly involving in diverting funds raised from banks by pledging clients’ securities as collaterals, PTI reported.
The police had earlier arrested Chairman C Parthasarathy, on charges of defaulting a loan to the tune of ₹137 crore to IndusInd Bank.
10:00 A.M.
HDFC Life Insurance to buy Exide Life
HDFC Life Insurance will buy the life insurance unit of battery maker Exide Industries for ₹6,687 crore, the company said in a regulatory filing.
As part of the deal, HDFC will issue 8.7 crore shares to Exide Industries at ₹685 per share and the remaining amount as a cash payout of ₹726 crore. Exide Life will merge into HDFC Life after the acquisition. .
“This is a landmark transaction, first of its kind, in the Indian life insurance space,” HDFC Life Chairman Deepak Parekh said in a statement. “It would enhance insurance penetration and further our purpose of providing financial protection to a wider customer base.”
9:30 A.M.
Sensex crosses 58,000 for first time
Indian benchmark equity indices continued their record breaking streak. Sensex and Nifty opened at fresh record high with Sensex hitting the 58,000 mark for the first time.
At 9:16 IST, Sensex was up 0.38% at 58070.12 while Nifty rose 0.36% to 17296.
9:15 A.M.
Oil falls before U.S jobs report
Oil prices fell before after strong overnight gains ahead of a highly anticipated U.S. monthly jobs report, Reuters reported.
U.S. West Texas Intermediate (WTI) crude futures slipped 0.3% to $69.75 a barrel while Brent Crude fell 0.2% to $72.90 a barrel.
The fall was likely due to traders squaring positions ahead of U.S non-farm payrolls report for August as there are concerns that consensus maybe weaker than forecasts, Stephen Innes, managing partner at SPI Asset Management told Rueters.  
9:00 A.M.
Asian shares hold gains
Asian shares held onto their gains while global shares were at record highs, Reuters reported.
MSCI’s broadest index of Asia-Pacific shares outside Japan remained flat in early trading. Japan’s Nikkei rose 0.38%, Australia was up 0.3%, and Korea soared 0.61%.
Chinese blue chips fell 0.27% and Hong Kong was down 0.6%.
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gmiresearch · 4 years ago
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Mobile Money Market Research Report
Global Mobile Money Market
The GMI Research forecasts that the Mobile Money Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rapidly rising non-cash protects technological innovations and increasing implementation of mobile devices.
Request for a Free Sample Report on Mobile Money Market
Introduction of the Mobile Money Market:
Mobile money or mobile wallet is a technology that permits individuals to store, receive, and disburse money with e help of a mobile phone application. It is a substitute for both bank and cash because it is easy to secure and can be used anywhere where a mobile phone signal is available.
Key Players of the Global Mobile Money Market:
·         Google LLC
·         PayPal Payments Private Limited
·         Fiserv, Inc
·         Gemalto NV
·         Amazon.com, Inc
·         Orange SA
·         Mastercard International Incorporated
·         Bharti Airtel Ltd
·         Alipay.com
·         Apple Inc.
Mobile Money Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The prominent reasons responsible for the growing prominence of the global money market include the accelerating number of mobile subscribers, ongoing technological modernizations, and augmenting implementation of digital payment-business models. Also, some other factors such as customer requirements, managerial compliances, and surging measures by the Government of several regions to promote a cashless economy are driving the money market size. In addition, rapid digitalization has disturbed the functioning of the banking and financial sectors. Various organizations have introduced eccentric business models to influence the existing banking income. Moreover, the lucrative cashback discounts proffered at the time of payment by mobile wallets are gaining more propulsion among consumers. Almost all mobile wallets provide the option of storing all information, including discount, reward, debt, and credit card information which makes transactions much more convenient for customers.
The primitive demand for the establishment of a digital payment ecosystem was created by technological and e-commerce companies. Several leading players, including Apple Inc., Amazon.com Inc., have passed the initial stage and are now enlarging their prevalence across multiple territories. For instance, Alipay, a digital payment gateway set up by Alibaba.com, is used to expedite payment between sellers and buyers by curbing barriers such as low penetration of credit cards and lack of trust. Moreover, the acquisition of digital platforms allows mobile money providers to safeguard their services and persuade associations between mobile money companies to frame a diverse and engaged user base. Thus, the robust demand for digital platforms is stimulating market growth. However, the growing apprehension concerned with data safety may hamper the market growth.
Mobile Money Market Segmentation:
Segmentation by Transaction Mode
 ·         Point of Scale
·         Mobile Apps
·         QR Codes
·         Internet Payments
·         SMS and STK/USSD Payments
Segmentation by Nature of Payment
 ·         Person to Person
·         Person to Business
·         Business to Person
·         Business to Business
Segmentation by Application
 ·         Money Transfers
·         Bill Payments
·         Airtime Transfers and Tops-Ups
·         Travel & Ticketing
·         Merchandise & Coupons
Segmentation by Payments
 ·         Remote Payments
·         Proximity Payments
Segmentation by Region:
·         North America
o   United States of America
o   Canada
·         Asia Pacific
o   China
o   Japan
o   India
o   Rest of APAC
·         Europe
o   United Kingdom
o   Germany
o   France
o   Spain
o   Rest of Europe
·         RoW
o   Brazil
o   South Africa
o   Saudi Arabia
o   UAE
o   Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com
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waaaiz · 4 years ago
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Mobile Money Market Research Report
Growth Opportunities in the global mobile money market look promising over the next six years. The growing number of mobile subscribers, the rising use of digital payment-based business models and increasing government initiatives to encourage a cashless economy are the key factors that are driving the growth of the global mobile money market.
Request for a FREE Sample Report on Mobile Money Market
Mobile Money Market’s leading Manufacturers:
·        Google LLC
·        Orange SA
·        PayPal Payments Private Limited
·        Mastercard International Incorporated
·        Fiserv, Inc
·        Bharti Airtel Ltd
·        Gemalto NV
·        Alipay.com
·        Amazon.com, Inc
·        Apple Inc.
Mobile Money Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The growing number of mobile subscribers, the rising use of digital payment-based business models and increasing government initiatives to encourage a cashless economy are the prominent factors contributing to the growth of the mobile money market size. The financial and banking sector are disturbed by the digital revolution. Organizations globally are coming up with remarkable business models that are influencing the present banking revenue. There has been an increase in demand for digital payment due to customer requirements, rapid technological advancements, and regulatory compliance. The requirement for the introduction of the digital payment ecosystem was generated by technological and e-commerce organizations. Numerous global giants, such as Amazon.com Inc, Apple Inc., and Google LLC, are focusing on expanding at a global level. For example, Alipay, a digital payment gateway built by Alibaba.com, is utilized to help sellers and buyers pay by minimizing barriers like lack of trust and low credit card penetration. Furthermore, the digital platform approach is enabling mobile money providers to ensure their services and is encouraging collaborations among mobile money organizations to build a diverse and engaged user base. The increasing demand for digital platforms is another factor that will have a positive influence on the market's demand.
Several cashback discounts provided during payment is one of the emerging trends experienced in the mobile money market. Mobile wallets that offer discounts at the time of payment are gaining popularity among customers. Presently, the majority of mobile wallets provide the option to save all the information such as credit and debit card information, reward information, and discount, which helps the transactions be easy for the customers. All these remarkable benefits are attracting many consumers to opt for mobile wallets and mobile money applications. On the other hand, the factor hampering the growth of the market include the growing concerns among the end-users associated with data security.
Mobile Money Market Segmentation:
Segmentation by Transaction Mode:
·        Point of Scale
·        Mobile Apps
·        QR Codes
·        Internet Payments
·        SMS and STK/USSD Payments
Segmentation by Nature of Payment:
·        Person to Person
·        Person to Business
·        Business to Person
·        Business to Business
Segmentation by Application:
·        Money Transfers
·        Bill Payments
·        Airtime Transfers and Tops-Ups
·        Travel & Ticketing
·        Merchandise & Coupons
Segmentation by Payments:
·        Remote Payments
·        Proximity Payments
Segmentation by Region:
·        North America
o   United States of America
o   Canada
·        Asia Pacific
o   China
o   Japan
o   India
o   Rest of APAC
·        Europe
o   United Kingdom
o   Germany
o   France
o   Spain
o   Rest of Europe
·        RoW
o   Brazil
o   South Africa
o   Saudi Arabia
o   UAE
o   Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com
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xtruss · 4 years ago
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FinCEN Files: US Banks Red-Flagged 44 Indian Banks for Suspicious Transactions Between 2011 and 2017
The FinCEN files investigation identified more than two trillion dollars worth of transactions between 1999 and 2017. The transactions had been flagged in more than 2,100 reports by nearly 90 financial institutions.
— Prudhviraj Rupavath | September 25, 2020
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Representational image. | Image Courtesy: Business Standard
Hyderabad: Forty-four Indian banks have been flagged in connection with transactions by Indian entities and individuals in a set of Suspicious Activity Reports (SARs) filed by US banks. The reports were filed with the Financial Crimes Enforcement Network (FinCEN), a watchdog of the US Treasury Department The Indian Express reported.
Called the ‘’FinCEN files’, the material has led a new investigation into confidential U.S. Treasury documents shared by the International Consortium of Investigative Journalists (ICIJ) with BuzzFeed News and 108 other media outfits. The documents identified more than $2 trillion worth of transactions between 1999 to 2017 which were flagged in the more than 2,100 reports by nearly 90 financial institutions, as possible money laundering or other criminal activity.
SARs reflect the concerns of internal compliance officers within banks, as submitted to FinCEN.
The Indian Express report says that “as per one set of records where addresses linked to parties are in India, Indian banks figure in SARs linked to over 2,000 transactions valued at over $1billion (Rs 7,369 crore) between 2011 and 2017. Significantly, there are thousands of transactions linked to Indian entities and businessmen where the Indian senders or beneficiaries have addresses in foreign jurisdictions.”
Indian banks with suspicious transactions as alleged in the SARs include Punjab National Bank, State Bank of India, Bank of Baroda, Union Bank of India, Canara Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank and IndusInd Bank, among others.
US banks that have filed SARs about Indian banks include Deutsche Bank Trust Company Americas (DBTCA), BNY Mellon, Citibank, Standard Chartered and JP Morgan Chase, among others.
The reported reasons cited by the foreign banks for reg-flagging their Indian counterparts were transactions described as “high-risk jurisdiction for money laundering or other financial crimes, adverse media or public information on the client, unidentified parties, and the fact that source of funds and purpose of transaction could not be ascertained.”
Transactions linked to Bhushan Steel Ltd, amounting to the tune of $4.39 million (Rs 32 crore) figure in SARs sent between 2012 and 2015 to FinCEN. The company was acquired by Tata Steel through an insolvency court in 2018.
According to the investigative reports, transactions of public sector entities like Hindustan Aeronautics Limited and The State Trading Corporation of India Limited and private majors Bharti Airtel and Essar, which have been under scrutiny by Indian investigative agencies, have been red-flagged in several SARs to FinCEN.
India’s Special Investigation Team (SIT) on black money is reportedly taking note of the suspicious transactions revealed in FinCEN files and is looking to hold a panel discussion to decide on the course of investigation in India. The SIT was formed in 2014 based on the directions of the Supreme Court.
In a statement before the publication of a series of articles based on SARs, FinCEN stated that “the unauthorized disclosure of SARs is a crime that can impact the national security of the United States, compromise law enforcement investigations, and threaten the safety and security of the institutions and individuals who file such reports.”
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However, ICIJ and other media outlets have published their revelations based on the documents.
“They (FinCEN files) show banks blindly moving cash through their accounts for people they can’t identify, failing to report transactions with all the hallmarks of money laundering until years after the fact, even doing business with clients enmeshed in financial frauds and public corruption scandals,” the ICIJstated.
In another report, the newspaper revealed that the FinCEN files “uncovered a web of transactions of a flourishing money laundering network run by Pakistani national Altaf Khanani who is also said to have been a key financier for fugitive terrorist Dawood Ibrahim,” based on SARs filed by the Standard Chartered Bank in New York.
According to the investigative reports, five banks – Deutsche Bank, Bank of New York Mellon, Standard Chartered, JPMorgan and HSBC – repeatedly violated their official promises of good behavior. These banks, ICIJ reported, “kept profiting from powerful and dangerous players even after U.S. authorities fined these financial institutions for earlier failures to stem flows of dirty money.”
Placing the network in context, ICIJ said that the FinCEN files “represent less than 0.02% of the more than 12 million suspicious activity reports that financial institutions filed with FinCEN between 2011 and 2017.”
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un-enfant-immature · 5 years ago
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AngelList India head Utsav Somani launches micro VC fund to back 30 early-stage startups
As investors get cautious about writing new checks to early stage startups in India amid the coronavirus outbreak, AngelList’s head in India is betting that this is the right time to back young firms.
On Wednesday, Utsav Somani announced iSeed, a micro VC fund to back up at least 30 startups over the course of two years. iSeed, which is not affiliated with AngelList, is Somani’s maiden venture fund.
In an interview with TechCrunch, Somani said he would write checks of $150,000 each to up to 35 early-stage startups in any tech category and enable his portfolio firms’ access to global investors and their knowledge pool. The fund will not participate in a startup’s follow-on rounds.
iSeed counts a range of high-profile investors, including Naval Ravikant and Babak Nivi, co-founders of AngelList, who are some of the biggest backers of the fund.
Others include founders of Xiaomi, Jake Zeller, a partner at AngelList and Spearhead, Sheel Mohnot, general partner at 500 Fintech, Brian Tubergen of CoinList, Deepak Shahdadpuri, managing director at DST Global, and Kavin Bharti Mittal of Hike.
AngelList launched syndicates program in India in 2018. The platform has been used for 140 investments in India since, including over 20 follow-ons in which firms such as Tiger Global, Sequoia Capital, Ribbit Capital participated.
Somani has also been an angel investor in more than a dozen startups including BharatPe, a firm that it is helping small businesses accept online payments and access working capital, and Jupiter, a neo-bank.
“I like the work AngelList India and Utsav have done since the launch. He brings energy, access and judgement to the table — the things to look for in a first-time fund manager,” said Ravikant in a statement.
Micro VCs is becoming a popular trend in the United States. Ryan Hoover of ProductHunt, for instance, maintains Weekend Fund. Somani said he has appreciated how others have been able to institutionalize the angel investing practice. According to Crunchbase, U.S. investors raised 148 sub-$100 million VC funds in 2018.
Running a micro-fund by leveraging AngelList’s infrastructure has also eased the burden starting such a venture creates for an investor, he said.
Indian startups could use any fund that backs early startups. Early-stage firms have consistently struggled to find enough backers in India, according to data from research firm Tracxn .
And that struggle is now common across the industry. More than two-thirds of startups in the country today are on the verge of running out of all their money in less than three months, according to a survey conducted by industry body Nasscom.
Somani said he is optimistic that great companies will continue to be born out of tough times. He said even his investors were aware of the pandemic and still stood by the fund.
“If you look at the market, we are seeing a number of layoffs. These are the people who would be creating jobs for others in the years to come. Entrepreneurship might be the only option for them.
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freejobalertguru · 5 years ago
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Assam Police Recruitment 2020 | Platoon Commander Vacancies | Free Job Alert
Assam Police Recruitment 2020 | असम पुलिस मे 'प्लाटून कमांडर' के पदों पर भर्ती at Free Job Alert 2021 Read the Notification Before Apply Online Jobs Form at freejobalert Those Candidate Are Interested to Following Assam Police Vacancy Sarkari Naukri and Completed the All Eligibility Criteria Can Read the Notification Before Apply Online.
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Assam Police Recruitment 2020 | Platoon Commander Vacancies | Free Job Alert
राज्य स्तरीय पुलिस भर्ती बोर्ड, असम - असम पुलिस पद का नाम: प्लाटून कमांडर Advertisement No.: SLPRB/REC/PC/CD & HG/2018/78 State Level Police Recruitment Board (SLPRB), Assam – Assam Police
Assam Police Recruitment 2020 Online Form Sarkari Naukri
Name Of Post: Platoon Commander
No. of Vacancies: 35 
General : 18 | OBC : 08 | SC : 03 | ST : 06 | Total : 35 Post
Important Dates:
Application Begin : 23/03/2020
Last Date for Apply Online : 11/04/2020
Last Date Pay Exam Fee : 11/04/2020
Pre Exam Held on : June 2020
Admit Card Available : May 2020
Mains Exam Held on : Notified Soon
Assam Police Jobs 2020, Latest Notifications, Online Application Form Details at Sarkari Naukri
Qualification: Graduation in any discipline.  Age Limit as on 01/01/2020:
Minimum : 18 Years
Maximum : 38 Years
Age Relaxation Extra as per Rules
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General / Other State : ---/-
OBC / SC / ST / PH : ---/-
Pay the Examination Fee Through Debit Card / Credit Card / Net Banking or Pay the Exam Fee Through E Challan Fee Mode.
Download Assam Police jobs Notification PDF, Apply Online Application Form
Download Notification: Click here  
Apply Online Now: Click here 
Official Website: Click here 
How to Fill Form : Free Job Alert 2021
Assam Police Are Released Latest Free Job Alert 2021 for Platoon Commander Post Candidate Can Apply Between 23/03/2020 to 11/04/2020.
Candidate Read the Notification Before Apply the Recruitment Application Form in Assam Police Recruitment 2020
Kindly Check All Document - ID Proof, Address Details, Basic Details.
Kindly Ready Scan Document Related to Sarkari Naukri Form - Photo, Sign, ID Proof, Etc.
Before Submit the Application Form Must Check the Preview and All Column Carefully.
If Candidate Required to Pay the Application Fee Must Submit. If You have Not the Required Application Fees Your Form is Not Completed.
Take A Print Out of Final Submitted Form.
Important Link for Assam Police Exams: Sarkari Naukri
Download Notification File PDF 
Online Form Application 
Admit Card Download
Answer Key Download
Result
 Top 10 Government Jobs India 2020
PSEB मे 2182 पदों पर 'मास्टर कैडर टीचर' की भर्ती    
BSSC मे 12140 पदों पर '10+2 स्तरीय परीक्षा' नोटिफ़िकेशन BTSC मे 6379 पदों पर 'जेई' की भर्ती  UPSC मे 796 पदों पर 'सिविल सेवा प्रा. परीक्षा 2020' नोटिफ़िकेशन 
UPSC मे 'IFS परीक्षा 2020' नोटिफ़िकेशन  Tags: Assam Police recruitment, Assam Police recruitment 2020, Assam Police recruitment online form, assam police, assam police jobs, assam police jobs 2020, assam police constable jobs, assam police constable form, assam police constable syllabus, assam police jobs syllabus, assam, police, assam police latest form, assam police commander jobs 2020, police commander { "@context": "https://schema.org/", "@type": "JobPosting", "title": "Assam Police Recruitment 2020 | Latest Free Job Alert, Sarkari Naukri, Rojgar Samachar, Employment News, Govt Jobs Vacancy, freejobalert.com", "description": "Assam Police Recruitment 2020 | असम पुलिस मे 'प्लाटून कमांडर' के पदों पर भर्ती at Free Job Alert 2021 Read the Notification Before Apply Online Jobs Form at freejobalert Those Candidate Are Interested to Following Assam Police Vacancy Sarkari Naukri and Completed the All Eligibility Criteria Can Read the Notification Before Apply Online, Recently Recruitment Notification released and invites Jobs application. Check Qualification & eligibility conditions, how to apply & other rules are given below Download Notification, Exam Dates Check All Details carefully on official Website. अपनी योग्यता के अनुसार नवीनतम और आगामी सरकारी नौकरी 2020, रोजगार समाचार, वर्तमान रिक्ति विवरण, वेतन, नौकरी की जानकारी प्राप्त करें। प्रिय नौकरी तलाशने वाले, जो सरकारी क्षेत्र में नौकरी करना चाहते हैं और सरकारी नौकरियों के लिए उपयुक्त होने की योजना बना रहे हैं, वे इस ब्लॉग पेज पर पूरी नवीनतम सरकारी नौकरी अधिसूचनाएं प्राप्त कर सकते हैं। विभिन्न सरकारी संगठन नौकरी पद की आवश्यकता के अनुसार डिप्लोमा, 10 वीं, 12 वीं, स्नातक, स्नातकोत्तर जैसे शैक्षिक योग्यता के अनुसार फ्रेशर के साथ ही अनुभवी आवेदकों को लेते हैं। 10th pass Assam Police jobs 2020, 12th pass Assam Police jobs 2020, graduate pass pass Assam Police jobs 2020, iti pass Assam Police jobs 2020, btech pass Assam Police jobs 2020, 10th pass Assam Police Recruitment 2020, 12th pass Assam Police Recruitment 2020, graduate pass pass Assam Police Recruitment 2020, iti 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2020, jobs, majhi naukri, job alert, job hunting, jobs near me, work from home jobs, fast job, part time jobs near me, online jobs, part time jobs, sbi careers, free job, job vacancy, railway recruitment 2020", "hiringOrganization" : { "@type": "Organization", "name": "State Level Police Recruitment Board Assam Police", "sameAs": "https://www.freejobalert-sarkariresult.com" }, "industry": "free job alert", "employmentType": ["FULL_TIME","PART_TIME","CONTRACTOR","TEMPORARY","INTERN","VOLUNTEER","PER_DIEM","OTHER"], "workHours": "8am-5pm", "datePosted": "2020-03-25T12:10:20", "validThrough": "2021-04-11T17:00:59", "jobLocation": { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "Ulubari", "addressLocality": "Guwahati", "addressRegion":"Assam", "postalCode": "781007", "addressCountry": "IN" } }, "baseSalary": { "@type": "MonetaryAmount", "currency": "INR", "value": { "@type": "QuantitativeValue", "minValue": 50000, "maxValue": 100000, "unitText": "MONTH" } }, "responsibilities": "Recruitment, Junior engineer, Apprentice, Apprentices, Assistant, Specialist, Typist, Board, Clerk, Engineer, Engineer electrical, Executive director, General manager, Managing director, Master, Officer, Accountant, Accounts assistant, Assistant manager, Consultant, Director, Doctor, Exam, Facilitator, Hospitality, Manager, Medical officer, Office, Office assistant, Safety officer, Salesman, Senior, Senior resident, Services, Specialists, Staff nurse, Station, Supervisor, Teacher, Telemarketing executive, Tutors, Works, Logistics, Utilities, Education, Finance, Construction, Computer Services, Manufacturing, Mining, Engineering Services, Professional, Scientific and Technical Services, Consulting, Health Care, Utilities, Education, Recruitment, Director, General manager, Editor, Manager, Attendant, Consultant, Entry operate or Executive, Surgeon, Technical assistant, Accountant, Apprentice, Assistant professor, Associate, Driver, Engineer, Housekeeping supervisor, 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source https://www.freejobalert-sarkariresult.com/2020/03/assam-police-recruitment-sarkari-naukri-online-form-commander.html
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wooe-in-blog · 5 years ago
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LIC 8500 Assistant Recruitment 2019 Notification Pdf Exam Date Vacancies Age
LIC Assistant Recruitment 2019 LIC Clerk Vacancies Official Notification Pdf 2019 Zone Wise Vacancies 2019 Apply Now Life Insurance Corporation Assistant Exam Date Vacancies Age 2019 LIC India Jobs 2019 LIC 8500+ Region Wise Assistant Jobs 2019 Latest LIC India Recruitment 2019 Apply Online For LIC India Assistant Bharti 2019 LIC Assistant Online Form 2019 LIC Assistant Online Application 2019 LIC Assistant Eligibility Criteria 2019 Download LIC Assistant Zone Wise Notification 2019 LIC Assistant Recruitment 2019
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Latest Updated On 17.09.2019 :- Good News ! LIC India Has Released Recruitment Notification For Assistant Posts In 2019. Online Application Has been started from 17.09.2019….Check the official notification from the link given below. About LIC :- Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹3,111,847 crore (US$450 billion) (2019). As of 2019 it had total life fund of ₹28,28,320.12 crore and total number of policies sold coming in at ₹214.33 lakh that year (2018-19). LIC settled 259.54 lakh claims in 2018-19. LIC has 29 crore policy holders. The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation. Details of Vacancy : Assistant – 8500+ Posts (6422 Released) ZoneCity/ AdvertisementNo. of VacancyNorthern Zone (Jammu, Kashmir, Laddakh, Himanchal Pradesh, Punjab, Haryana, Delhi, Rajasthan)Ajmer (Notification)95Amritsar47Bikaner126Chandigarh50Delhi 1,2 &3254Jaipur 1 & 2217Jalandhar25Jodhpur188Karnal65Ludhiana64Rohtak97Shimla138Srinagar71Udaipur107North Central Zone (Uttar Pradesh, Uttarakhand)Agra99Aligarh63Allahabad105Bareilly71Dehradun34Faizabad185Gorakhpur262Haldwani22Kanpur54Lucknow54Meerut122Varanasi222East Central Zone (Bihar, Jharkhand, Odissa)Begusarai 156Behrampur86Bhagalpur70Bhubaneshwar 73Cuttack244Hazaribaug123Jamshedpur74Muzaffarpur220Patna 1188Patna 2242Sambalpur21Eastern Zone (West Bengal, North East staes)Asansol65Bardhman100Bongaigaon41Guwahati66Howrah131Jalpaiguri98Jorhat42Kolkata Metro Div 1 &260Kolkata Suburban103Kharagpur235Silchar39Central Zone (Madhya Pradesh, Chattishgarh)Bhopal43Bilaspur33Gwalior51Indore90Jabalpur90Raipur36Satna74Shahdol55South Central Zone (Andhra Pradesh, Telangana, Karnataka)Belgaum73Bangaluru 1 &240Dharwad35Hyderabad40Kadapa40Karimnagar68Machallipatnam24Mysore55Nellore36raichur73Rajahmundry11Shimoga51Udipi28Vishakhapattanam46Warangal11Southern Zone (Tamilnadu, Kerala)Chennai 1 &220Coimbatore39Ernakulam10Kottayam43Kozhikode59Madurai58Salem45Thanjavur34Thiruanantapuram20Thrissur33Tirunelveli21Vellore18Western Zone (Maharastra, Gujrat, Goa)Ahmedabad98Amaravati72Aurangabad64Bhavnagar21Gadhinagar123Nashik54Kolhapur92Mumbai 1,2,3 ,4 & SSS216Nadiad51Nagpur72Nanded63Pune 1 &218Rajkot10Thane98Satara52 LIC Assistant Recruitment 2019 Highlights Organization NameLife Insurance Corporation of India (LIC)Post NameAssistantVacancies7919StatusRegular PostsApplication Date17.09.2019Exam Date21 & 22 October 2019Selection ProcessPreliminary Exam And Main ExamWebsitehttps://www.licindia.in/Home.aspx Age Limit : Minimum Age shall be 18 years (completed) as on 01.09.2019. Maximum age shall not be more than 30 years (candidates must have been born not earlier than 02.09.1989 and not later than 01.09.2001 both days inclusive only are eligible ) Education Qualification :“Bachelor’s Degree (10+2+3 pattern) in any discipline from a recognized Indian University/Institution”.For Ex-Servicemen:(i) HSC (10+2+3 pattern): who have put in atleast 10 years service (ii) Matric: who have put in atleast 15 years service (iii) Non-Matric: 15 years service+ Indian Army special certificate exam or corresponding examination in Air Force and Navy Application Fee : For SC/ST/ PwBD candidates – Intimation Charges of Rs. 85/- + GST + Transaction Charges For all other candidates- Application Fee-cum-Intimation Charges of Rs. 510/- + GST + Transaction Charges Salary : Basic pay of Rs. 14435/- per month in the scale of Rs. 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195 (2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080 and other admissible allowances as per rules. Total emoluments at the minimum of the scale inclusive of Graduation Increment, House Rent Allowance & City Compensatory Allowance wherever admissible, depending upon the classification of the city and meal coupon will be approximately Rs 30,000/- per month in ‘A’ Class city. Other benefits are Defined Contributory Pension, Gratuity, LTC, Cash Medical Benefit, Group Mediclaim, Group Personal Accident Insurance, Group Insurance, Vehicle Loan (2-wheeler) as per rules, etc. How to Pay Fee : Candidates have the option of making t he payment of requisite fees/ intimation charges through the ONLINE mode only: Payment of fees/ intimation charges via the ONLINE MODE. he payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets. How to Apply : Candidates satisfying the conditions of eligibility as on 01.09.2019 are required to go to the LIC’s website www.licindia.in and click on the ‘Careers’ to open the link “ Recruitment of Assistant 2019”. Candidates are requested to click on the Zone link and thereafter on the Division link for registering his application. The link redirects the candidates to the online registration page. Selection Process : Preliminary ExaminationMain Examination Important Dates : Application Started17.09.2019Last Date of Application Submission01.10.2019Submit Application Fee01.10.2019Exam Date21 & 22 October 2019 Last Date – 01.10.2019 Important Link Area :- Download Advertisement Download NOWApply Online Apply NOW Syllabus Exam PatternLIC Assistant Syllabus 2019Admit CardLIC Assistant Admit Card 2019Official Websitehttps://www.licindia.in/Home.aspx Read the full article
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Current Affairs in a Line: April 17, 2019
We are  presenting brief information about current affairs per day with current details in a new form titled Current Affairs. • The launch of the launch vehicle for which the Union Cabinet has approved - GSLV • The country which has recently successfully tested the world's first armed amphibious dragon boat - China • The woman's Union Minister on whom the campaigning When stopped for 48 hours due to misrepresentation of went given - Maneka Gandhi • the Ocean where scientists a unique Bac at a depth of 11 thousand meters The discovery of Iria, which makes their food greasy substances - Pacific Ocean • The government department has instructed the Ministry of Environment and Forests to file report on the establishment of biodiversity related committees within three months at a sustainable level - NGT • Newspaper from the US President Donald Trump and his family related information has been awarded the 'Pulitzer prize for exposing - New York Times • in these recent Enra Bank has been appointed Managing Director and CEO - R. a.Sankaranarayanan • The university whose professors have developed a tool called Antibagoroscope to deal with antibiotic resistance - Anna University • India has a new department established in the Ministry of Foreign Affairs - Indo-Pacific
                                      One Line Current Affairs Gk 
Private telecom operator Bharti Airtel recently launched a mobile app My Circle with the help of FLO, the branch of Women Entrepreneurs of the Indian Chamber of Commerce and Industry (FICCI), which will help women in any type of problem or panic. This app will work on the phone with the network of other telecom operators as soon as there are signs of suspicion/crisis. With this app, women can send messages from any of their family or friends to 13 people in 13 languages, if needed, in which English, Hindi, Tamil, Telugu, Malayalam, Kannada, Marathi, Punjabi, Bangla, Urdu, Assamese, Oriya and Gujarati is included. The woman in distress can send an alert by pressing the SOS prompt on the app.
Two schemes of the West Bengal Government for skill development and distribution of bicycles to students, Uttarkashi Bangla and Sabuj Sahitya won the prestigious World Summit in the United Nations Information Society (WSIS) awards. Under the 'Uttarkashi Bangla' scheme, vocational training is given to those who leave school by providing free training for 400 to 1200 hours. Under this scheme, beneficiaries are trained in driving, tailoring, TV repairing and other electronic equipment, beautician courses, etc. The aim of the scheme 'Sabuj Saharan' is to empower students, especially girls and reduce the drop-out rate in higher education. Under this scheme, 34.94 lakh bicycles have been distributed to targeted students of class 9 to 12.
DR.D.O. Director Dr. A.K. Singh  Chandigarh University, Mohali fourth held in APJ Abdul Kalam Innovation Conclave DRDO during awarded the Lifetime Achievement Award in 2019. Dr. A.K. Singh has done remarkable work in the interconnection of fission-produced radionuclides and transit imaging. He also created a diagnostic kit for detecting infectious lesions and also introduced pharmacosintigraphy. He has been given this award to contribute to Life Sciences, Aerospace, and Aeronautics.
World-renowned news agency Reuters (Reuters) journalists,  Kyaw sleep o and or loans to UNESCO to be given by Guillermo Kano World Press Freedom Prize 2019  has been selected for. At present, both of them are serving a sentence of 7 years in Myanmar, where they collected classified military records, in which information about the extraordinary killings of Rohingya Muslims by the army in the Harian state. It is worth mentioning that by giving Guillermo Keno World Press Freedom Award, started in 1997, that person, organization or organization is honored, who has protected the freedom of press freedom or staying in danger anywhere in the world. World Press Freedom Day on 3 Mayon this occasion, this year's award of 45 thousand dollars is given. The award is named after Colombian newspaper L Espectador editor Guillermo Cano Isaza.
Famous Telugu poet Dr. Shiva Reddy has been selected for the 28th Saraswati Award of 2018. They respect his poetry collection firm Ottigilite will be for (Pakki Ottigilite). This book was published in 2016. This award is given to the outstanding literary work of Indian writers published in the last 10 years in any Indian language as mentioned in the Eighth Schedule of the Constitution every year. Under this award, prize money, a memento and prize money of Rs. 15 lakhs are provided. It is worth mentioning that in 1991 KK Saraswati Samman was established by the Birla Foundation.
World Allergy Organization 's (World Allergy Organization) 7-13 April World Allergy Week held. This year the theme of the World Allergy Week, The Global Problem of Food Allergy has been kept. Each year the World Allergy Organization works on a different theme, in which people need more to be aware. According to Alex Gazolas, author of the World Famous Living Living With Food Allergy, there are different reasons for food allergies in every country. It is known that for the first time in July 2005, the World Allergy Day was started in collaboration with the Biennial World Allergy Congress.
Recently, Google launched its new cloud platform Anthos. It is based on the cloud services platform, which Google has announced last year. With this help, the user can run the application from anywhere. Anthos allows its users to run applications on Unmodified, Current On-Premises Hardware or General Cloud. Anthos will also allow users to manage workloads running on the third-party cloud such as Amazon Web Services and Microsoft Azure.
Sir Edmund Hillary Fellowship, announced by the New Zealand Prime Minister, has been announced for the silver medalist of Rio Paralympics, India's Deepa Malik. He is being given this fellowship for his inspirational achievements. This fellowship program was started in 2008 and its purpose is to strengthen relations between India and New Zealand. It is worth mentioning that Deepa Malik won the Silver Medal at the Shot Put event in Rio in 2016.
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aditimehta236-blog · 6 years ago
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MARKETS ON INTERIM BUDGET 2019: HOW WILL THE MEASURES IMPACT YOUR PORTFOLIO?
Catch all the live market action here
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Markets will respond to the Interim Budget 2019 recommendations, which will be introduced by Finance Minister Piyush Goyal in the Parliament today.
The Interim Budget 2019 is probably going to conjecture a financial deficiency of 3.3 percent of GDP, while the real monetary shortage is probably going to be 3.5 percent of GDP for FY20, examiners state. Declaration of sops for agriculturists, SMEs, ladies and pay citizens are probably going to be the key highlights of the discourse. Peruse MORE ON WHAT TO EXPECT
Corporate Results
Among stocks, Bharti Airtel will be in center as the organization announced a 72 percent drop in combined total compensation for the three months finished December 2018 at about Rs 86 crore in the midst of market choppiness activated by merciless challenge. The total compensation remained at Rs 306 crore in a similar time of the earlier year.
Around 75 organizations including State Bank of India, Dr Reddy's, Titan and Taj GVK Hotels and Resorts are slated to declare their December quarter income later in the day.
The rupee on Thursday edged higher by 4 paise to 71.08 against the US dollar in the midst of shortcoming in the greenback in abroad markets after the US Fed kept financing cost unaltered.
Financial Data
The administration on Thursday reexamined the monetary development rate upwards to 7.2 percent for 2017-18 from the 6.7 percent assessed before. As per the overhauled total national output (GDP) information, discharged by the Central Statistics Office (CSO), the demonetisation year, 2016-17, saw a development rate of 8.2 percent, the most noteworthy in the five years of the Modi government. Prior, the development rate was evaluated at 7.1 percent.
This separated, development in the eight center parts of the economy kept on tumbling, colliding with a 18-month low of 2.6 percent in December, down from the 3.4 percent development in November.
Worldwide Markets
Asian offers ticked as long as four-month highs on Friday on expectations the pioneers from the United States and China could strike an economic agreement and as the Federal Reserve seemed to have everything except deserted an arrangement to raise obtaining rates further.
MSCI's broadest list of Asia-Pacific offers outside Japan rose 0.1 percent after an excellent 7.2 percent gain in January. Japan's Nikkei increased 0.5 percent.
The Dow Jones Industrial Average slipped 0.06 percent to finish at 24,999.67, the S&P 500 increased 0.86 percent to finish at 2,704.1 focuses, while the Nasdaq Composite added 1.37 percent to 7,281.74.
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toldnews-blog · 6 years ago
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New Post has been published on https://toldnews.com/technology/qampa-what-is-huawei-and-why-does-washington-worry-about-it/
Q&A: What is Huawei and why does Washington worry about it?
Huawei is China‘s first global tech brand and a growing source of tension between Washington and Beijing.
Huawei Technologies Ltd. is the biggest supplier of network switching gear used by phone and internet companies. It has spent a decade battling U.S. accusations it is a front for Chinese spying or poses other security risks.
Other governments including Australia and Japan are imposing their own curbs on use of Huawei technology.
A look at Huawei and controversies surrounding the company:
Q: What is Huawei?
A: The company founded in 1987 by a former military engineer is a national champion at the head of an industry Beijing is promoting as part of efforts to transform China from a low-wage factory into a technology creator.
That makes Huawei a political star in China but puts it at the center of tensions over the Communist Party’s technology ambitions. Washington and other trading partners say those violate its market-opening obligations and might be based on stolen know-how.
Huawei passed Sweden’s LM Ericsson in 2017 to become the No. 1 global seller of network gear. The company says it supplies 45 of the top 50 global phone companies and has signed contracts with 30 carriers to test its next-generation technology.
Its smartphone brand, launched in 2010, passed Apple Inc. in mid-2018 as the world’s No. 2 seller behind Samsung Electronics Ltd. And it has kept growing despite weakness in the global smartphone market. Apple’s Jan. 3 announcement of weaker-than-forecast iPhone sales jolted financial markets, but Huawei said its 2018 sales rose 30 percent to more than 200 million handsets.
The company says 2018 global revenue should exceed $100 billion. This year’s target is $125 billion.
Headquartered on a leafy campus in Shenzhen, adjacent to Hong Kong, Huawei has China’s biggest corporate research-and-development budget at 89.7 billion yuan ($13 billion) in 2017 — 10 percent more than Apple Inc.’s. Its foreign customers can draw on a multibillion-dollar line of credit from the official China Development Bank.
Huawei is more important to Chinese leaders than ZTE Corp., a smaller rival that was nearly driven out of business after Washington blocked it from buying U.S. technology over exports to Iran and North Korea. President Donald Trump restored access after ZTE paid a $1 billion fine, replaced its executives and hired U.S.-picked compliance officers.
———
Q: What are the controversies surrounding Huawei?
A: U.S. warnings about Huawei drew attention when a 2012 congressional report said American phone carriers should avoid doing business with the company and with ZTE. Washington gave no evidence but Huawei’s U.S. business vanished.
The same year, the Australian government barred Huawei and ZTE from bidding on a planned national broadband internet network. On Tuesday, a telecom company that was planning to build Australia’s fourth mobile phone network said it would scrap those plans due to a government ban on using technology from Huawei, its main contractor.
Japan’s cybersecurity agency said last month Huawei and suppliers deemed risky are off-limits for government purchases, effective April 1.
U.S. charges unsealed Monday accuse Huawei of violating American sanctions by using a Hong Kong shell company to sell equipment in Iran. The company is also accused of stealing trade secrets, including technology for a robot used by T-Mobile to test smartphones.
The company announced plans in 2017 to start selling smartphones for the first time through a U.S. carrier. Those plans were later canceled, reportedly because of U.S. government pressure on the American partner.
Huawei’s chief financial officer, Meng Wanzhou, who is Ren’s daughter, was arrested Dec. 1 in Canada on U.S. charges that she lied to banks about Huawei’s dealings with Iran.
A European Union official, Andrus Ansip, expressed concern last year about Chinese rules requiring tech companies to cooperate with intelligence services. Ansip suggested that might lead to “mandatory backdoors” to allow eavesdropping on computer or telecom systems.
China’s foreign ministry has complained the security accusations are unfounded and are being promoted by other governments to shield their own companies from Chinese competition.
———
Q: How is the company responding?
A: The company denies accusations it is controlled by China’s ruling Communist Party, modifies its products to facilitate spying or helps Chinese spies gather information.
Huawei, which is privately held and says it is employee-owned, has stepped up efforts to defuse security concerns since Meng’s arrest.
Ren rarely appears in public. But he spoke to foreign reporters in a 2½-hour-long interview on Jan. 15 at Huawei headquarters. He sought to lay to rest accusations Huawei might help Beijing spy on its customers by saying he would reject any government request to disclose their secrets.
One of three executives who take turns as Huawei’s rotating chairman, Ken Hu, gave a similar interview in December in which he challenged the United States and other governments to disclose evidence to back up accusations about security risks. Huawei also has allowed foreign reporters and photographers to visit some of its research centers for the first time.
Huawei has tried to reassure customers by setting up laboratories in Britain, Canada and Germany for governments there to conduct security tests on its software and hardware.
———
Q: What is Huawei’s role in next-generation telecom technology?
A: Huawei is one of the biggest global developers of fifth-generation telecoms technology, along with Finland’s Nokia Corp. and Sweden’s LM Ericsson.
The 5G technology is meant to vastly expand the reach of networks to support internet-linked medical devices, factory equipment, self-driving cars and other devices. That makes it more politically sensitive and raises the potential cost of security failures and requires more trust in suppliers.
Annual sales of 5G network gear are forecast to reach $11 billion by 2022, according to IHS Markit.
Huawei has agreements to test 5G equipment with Deutsche Telekom, Bell Canada, France’s Bouygues, Telecom Italia, India’s Bharti Airtel and carriers in Singapore, South Korea and Ireland.
The United States, Australia and Taiwan have barred Huawei from working on 5G networks. Industry analysts and some telecom executives warn that will drastically reduce competition and raise prices for consumers.
Washington is pressing allies to shun Huawei, but Germany, France and Ireland say they have no plans to ban any 5G network suppliers.
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loyallogic · 5 years ago
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What are the top Mergers and Acquisition Law Firm In India?
This Article is written by Abhishek Dubey, a second-year BBA.LLB student from Chanderprabhu Jain College of Higher Studies and School of Law. This article discusses the details about the Top Law Firms of India in Merger and Acquisition, their structure, composition, as well as their awards and achievements in merger and acquisition.
Introduction 
India is one of the growing markets for mergers and acquisitions. The challenges and opportunities of mergers and acquisitions in India have brought a great change in the skills of the lawyer. The increase in competition and legal fees has encouraged new law firms to enter the market. In India, Mergers and Acquisitions have always been dealt with by top law firms; but recently certain changes have been observed in the legal market by the emergence of Platinum Partners and S&R associates. These mid-sized law firms are doing great in mergers and acquisitions. Platinum Partners is a law firm consisting of 50 lawyers and they have given advice in the deal in which UPL corporation acquired Arysta life science which amounts to 4.8 billion dollars. According to a research conducted by the Indian Business Law review, AZB and Partners were ranked second in merger and acquisition in 2018. It advised 99 deals with a value of 48 million USD. In 2019 it has advised more than 100 deals and has a high volume of work relating to merger and acquisition. This was based on research conducted by Indian Business Law Review 2019. They uploaded a form on their website and the rank was decided on the basis of the votes received.
AZB and Partners
About
AZB and Partners were founded in the year 2004 with an objective to provide full-time practical services to clients in all sectors. It consists of more than 400 lawyers and has more than 100 partners with 6 branches across India; two situated in Mumbai and Delhi along with one in Bangalore and Pune, each. The practice areas of AZB and Partners are mergers and acquisitions, insurance, real estate, banking, and finance, etc. They have been recognized as a country leader in the volume of work they undertake. Some of the key clients of AZB and Partners include the Tata group, HDFC, Bharti Airtel, Reliance, various investment banks, and more than 100 multinational companies.
Awards
Ranked as a Tier 1 law firm for the practice in banking, capital markets, merger and acquisition, insolvency, private equity, and restructuring, by International Financial Law Review 2020.
Outstanding for the following practice areas such as banking and finance, capital markets, corporate merger and acquisition, private equity according to “Asian law Profile” in the year 2020.
Awarded as merger and acquisition law firm of the year in India by the “Corporate Intl Global Awards Winner” 2020.
Ranked as a Tier 1 firm for merger and acquisition by “Asian Legal Business”.
Ranked as a Band 1 Firm for corporate merger and acquisition, private equity, real estate by “Chamber Asia Pacific”.
TOP advises by AZB and Partners
They advised Sterlite to acquire a 12.8 percent stake in 5G Virtual Radio Access Innovator.
They advised Amazon’s acquisition of a 0.51 percent stake in Queues Corp and it was approved by the Competition Commission of India.
They advised Verena to acquire a 40 percent Stake in Dixcy crop and it was approved by the Competition Commission of India.
They advised in Tata steel acquisition of Nat steel. The deal size was $468 million.  
They advised the mergers of 6 small banks with the State Bank Of India for a deal value of US $ 120 million.
Cyril Amarchand and Mangladas
About
Cyril Amarchand and Mangladas is a full-service Indian law firm. It came into existence on 11th May 2015 from its predecessor Amarchand and Mangaldas Suresh and shroff. It has its headquarters in Mumbai. The firm is located across India at 6 different places i.e., in Mumbai, Hyderabad, Banglore, Chennai, Delhi, Ahmedabad. It has more than 700 lawyers and more than 130 partners. The practice areas of Cyril Amarchand and Mangaldas include merger and acquisition, financing, capital markets, litigation and dispute resolution, etc. Some of the key clients of Cyril Amarchand and Mangaldas include the BlackRock group, Tatas capital, ICCI, Kotak Mahindra, Axis Bank, etc.
Awards and Achievements
Awarded as India law firm of the year 2019 by Business Worlds Global Legal.
Awarded as the best law firm for women in India by Legal Media Group Euromoney Business Law Awards.
Won 10 awards by “Indian Business Law Journal” Indian Law Firm in the year 2019 in fields of merger and acquisition, banking and finance, capital market, etc”.
Awarded merger and acquisition deal of the year by “Asian Law Business India law awards” for the deal of Walmart’s acquisition of Flipkart. 
Top Advice
They advised Standard life for the acquisition of a 95 percent stake in HDFC Life Insurance Company.
They advised Walmart’s acquisition of Flipkart.
They advised Aion Capital partners and Jsw steel for the acquisition of Monnet Ispat.
Acquisition by for Essar steel acquisition by ArcelorMittal.
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Khaitan and Co.
About
Khaitan and Co. is one of India’s oldest law firms established in the year 1911, founded by Devi Prasad Khaitan. It consists of more than 500 lawyers and 115 partners. It has its four branches across in Delhi, Bengaluru, Mumbai, and Kolkata. The key practice areas of  Khaitan and Co are banking and finance, merger and acquisition, antitrust, dispute resolution, etc. Some of the key clients of Khaitan and Co are Harley Davidson India, LN Bangur Group, I Gate, Nippon Life, Blackstone, Vedanta resources, etc. 
Awards and Achievement
Awarded as a top tier firm by the “International Financial Law Review” in 2020 for Merger and Acquisition, capital markets, restructuring, and insolvency.
Ranked as a Tier 1 Law Firm by the Asian Legal Business.
Largest merger and acquisition law firm of the year by IDEX Legal Awards 2019.
Top Advice by Khaitan and company
They advised in the buy out the stake of Crompton greaves electricals for 0.81 percent in Advent International and Temasek. The deal size was 315 million dollars. 
They advise in the acquisition of free charge by the snap deal, the deal size was for 400 million dollars. 
Platinum Partner
About 
Platinum Partner is an Indian Corporate law firm. It was established in the year 2008. It has its branches in Delhi, Bangalore, and Mumbai. Its headquarters are in Delhi and Mumbai. The firm specializes in merger and acquisition, infrastructure and securities law, employment law, etc. They advise many domestic and international clients. The reputation of partners of the Platinum law firm is excellent and they have more than 30 years of experience working in International Law Firm and Multinational companies. The major practice areas of Platinum Partners are merger and acquisition.
 Awards and Achievement
Band 2 in corporate and merger & acquisition by Chambers and Partners.
Band 2 in corporate and commercial by chamber practice.
Karam Daulat Singh and Ankit Majumdar recognized as band 1 lawyer in general corporate and mergers and acquisitions
Gautam Bhatt recognized as the rising star by RSG consultancy. 
Top Advice by Platinum Partners
Danone’s acquisition of the Wockhardt group, a nutritional business, the deal size was 250 million dollars.
They advised Diageo on its acquisition of United Spirit Limited.
Acquisition of Arysta life science by UPLl Corporation for a deal value of 4.2 billion dollars. 
S&R Associates
About
S&R Associates is a very successful law firm, founded in the year 2005. It practices most of its work on an international level whose work includes 20 percent of work on a domestic level and 80 percent on an international level. The lawyers of S&R associates have experience of practicing in India as well as other jurisdictions such as the United Kingdom, the United States of America, Singapore, etc. It consists of 7 partners and 38 associates; 3 of the partners are women and 4 are men. It has practice areas in merger and acquisition, litigation and arbitration, capital markets, private equity, competition, etc. 
Awards and Achievement
Ranked 2 in private equity rights and offering by Bloomberg Indian Capital Markets.
Ranked 5 for announced deals in terms of volume by Bloomberg Indian Capital Markets.
Ranked 6th by the Market merger and acquisition report 2019.
Sanjeev Adlaka lawyer of merger and acquisition is recognized as the most mature and sensible lawyer by Chamber Asia Pacific 2020.
Rajat Sethi was recognized as a high quality and good knowledgeable lawyer by Chamber Asia Pacific 2020.
Top Advice by S&R associates
It has advised on merger and acquisition transactions for the deal value of 400 million dollars.
They advised the Qatar Foundation to acquire a 5 percent stake in Bharti Airtel Telecom.
They advised Dana’s group to have a joint venture in India with Rayant Group. 
Shradul Amarchand and Mangladas 
About
Shradul Amarchand and Manglads is one of the largest law firms in India. It is a full-service law firm in India. The firm came into existence from its predecessor Shradul and Shroff Amarchand and Mangladas on 11 May 2015. It consists of 119 partners and 550 lawyers having its headquarters in New Delhi and Mumbai. The firm has 7 branches across India in New Delhi, Mumbai, Gurugram, Kolkata, Chennai, and Bengaluru. The firm practice areas include general corporate, banking and finance, competition law, etc. the key clients of Shradul Amarchand and Mangladas are Microsoft, State Bank of India, standard chartered bank, Vodafone, Facebook, etc.
Awards and Achievements 
Won legal expertise award by the Asia Pacific awards 2019.
Ranked 1 in deal count and deal value in the merger market by India league tables.
Awarded India law firm of the year by Asian law business.
Awarded 3 times the country’s law firm of the year 3 times.
The best law firm of the year for 9 years by business law journal. 
Band 1 practice in merger and acquisition by Asia pacific.
Tier 1 law firm in merger and acquisition by Asian Legal Business.
Top Advice by Shradul Amarchand and Mangladas
They advised the Life Insurance Company to take Industrial Development Bank via open offer for a deal value of 4.4 dollar billion.
They advised the merger of Gruh Bandhan finance bank with Argus for a deal value of 3 billion dollars.
They advised the Merger of Baroda, Vijaya and Dena bank the deal which amounted to 1.37 billion dollars.
7. Trilegal
Trilegal is an Indian based law firm founded in the year 2000. It consists of 300 lawyers and 50 partners. It is located at four places across India in Bangalore, Mumbai, New Delhi, and Gurgaon. The practice areas of tri legal include corporate, merger and acquisition, capital markets, etc. The lawyers are focused on providing commercial solutions to legal problems. The key clients of Trillegal include tata power, standard chartered and Mumbai international airport.
Awards
Ranked 7th in top 10 law firms by RSG Report in merger and acquisition and competition law.
Ranked as tier 1 law firm by Asian law business.
Harsh Pais and Nisha Kaur and Neeraj Menon recognized as growing leaders of the year 2019 by RSG report.
International financial law review awarded as top 10 law firms of India in Merger and acquisition, capital markets, banking, and finance, etc.
Top advice by Trilegal
They advised the Sriram group for the indirect acquisition of Sanlam Ltd for paid-up equity share capital.
They advised Telenor for a joint venture with Dwellings for investment in communication services private limited.
They advised standard chartered for acquisition for Morgan Stanley’s wealth non-institutional wealth business of India.    
They advised Rewa electrical company for the sale of a 52 percent stake to Mahindra and Mahindra.
They advised Godrej ltd. for sale of its sake to Hersere company.
They advised Exide Industries Ltd. on the acquisition of stake ING Vysya Life Insurance Company Ltd.
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freejobalertguru · 5 years ago
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Assam Police Recruitment 2020 | Jr Assistant Vacancies | Free Job Alert
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Assam Police Recruitment 2020 | Jr Assistant Vacancies | Free Job Alert
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2020, jobs, majhi naukri, job alert, job hunting, jobs near me, work from home jobs, fast job, part time jobs near me, online jobs, part time jobs, sbi careers, free job, job vacancy, railway recruitment 2020", "hiringOrganization" : { "@type": "Organization", "name": "State Level Police Recruitment Board Assam Police", "sameAs": "https://www.freejobalert-sarkariresult.com" }, "industry": "free job alert", "employmentType": ["FULL_TIME","PART_TIME","CONTRACTOR","TEMPORARY","INTERN","VOLUNTEER","PER_DIEM","OTHER"], "workHours": "8am-5pm", "datePosted": "2020-03-24T12:19:30", "validThrough": "2021-05-04T17:40:10", "jobLocation": { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "Ulubari", "addressLocality": "Guwahati", "addressRegion":"Assam", "postalCode": "781007", "addressCountry": "IN" } }, "baseSalary": { "@type": "MonetaryAmount", "currency": "INR", "value": { "@type": "QuantitativeValue", "minValue": 50000, "maxValue": 100000, "unitText": "MONTH" } }, "responsibilities": "Recruitment, Junior engineer, Apprentice, Apprentices, Assistant, Specialist, Typist, Board, Clerk, Engineer, Engineer electrical, Executive director, General manager, Managing director, Master, Officer, Accountant, Accounts assistant, Assistant manager, Consultant, Director, Doctor, Exam, Facilitator, Hospitality, Manager, Medical officer, Office, Office assistant, Safety officer, Salesman, Senior, Senior resident, Services, Specialists, Staff nurse, Station, Supervisor, Teacher, Telemarketing executive, Tutors, Works, Logistics, Utilities, Education, Finance, Construction, Computer Services, Manufacturing, Mining, Engineering Services, Professional, Scientific and Technical Services, Consulting, Health Care, Utilities, Education, Recruitment, Director, General manager, Editor, Manager, Attendant, Consultant, Entry operate or Executive, Surgeon, Technical assistant, Accountant, Apprentice, Assistant professor, Associate, Driver, Engineer, Housekeeping supervisor, Project assistant, Scientist, Software engineer, Supervisor, Assistant, Assistant director, Assistant manager, Catering, Clerk, Coordinator, Corporation, Data manager, Employees Engineer electrical, Engineers, Faculty, Guide, Hire, Instructor, Interpreters, Junior engineer, Master, Medical, Medical officer, Member, Obstetrics, Officer, Operator, Orthopaedic surgeon, Pilot, Postdoctoral, Project associate", "skills": "Free Job Alert", "qualifications": "10th, 12th, Any Graduate, B Tech (Civil), B. Tech (IT), B.Sc, B.Tech (CSE), B.tech (Electrical), B.Tech (Mech), BCA, BE\/ B. Tech, Diploma, PGDCA Recruitment, Junior engineer, Apprentice, Apprentices, Assistant, Specialist, Typist, Board, Clerk, Engineer, Engineer electrical, Executive director, General manager, Managing director, Master, Officer", "educationRequirements": "Any Graduate, B Tech (Civil), B. Tech (IT), B.Sc, B.Tech (CSE), B.tech (Electrical), B.Tech (Mech), BCA, BE\/ B. Tech, Diploma, PGDCA Recruitment, Junior engineer, Apprentice, Apprentices, Assistant, Specialist, Typist, Board, Clerk, Engineer, Engineer electrical, Executive director, General manager, Managing director,Master, Officer", "experienceRequirements": ["Fresher","Experience"] }
source https://www.freejobalert-sarkariresult.com/2020/03/assam-police-recruitment-sarkari-naukri-online-form.html
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wooe-in-blog · 5 years ago
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LIC 8500 Assistant Recruitment 2019 Notification Pdf Exam Date Vacancies Age
LIC Assistant Recruitment 2019 LIC Clerk Vacancies Official Notification Pdf 2019 Zone Wise Vacancies 2019 Apply Now Life Insurance Corporation Assistant Exam Date Vacancies Age 2019 LIC India Jobs 2019 LIC 8500+ Region Wise Assistant Jobs 2019 Latest LIC India Recruitment 2019 Apply Online For LIC India Assistant Bharti 2019 LIC Assistant Online Form 2019 LIC Assistant Online Application 2019 LIC Assistant Eligibility Criteria 2019 Download LIC Assistant Zone Wise Notification 2019 LIC Assistant Recruitment 2019
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Latest Updated On 17.09.2019 :- Good News ! LIC India Has Released Recruitment Notification For Assistant Posts In 2019. Online Application Has been started from 17.09.2019….Check the official notification from the link given below. About LIC :- Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹3,111,847 crore (US$450 billion) (2019). As of 2019 it had total life fund of ₹28,28,320.12 crore and total number of policies sold coming in at ₹214.33 lakh that year (2018-19). LIC settled 259.54 lakh claims in 2018-19. LIC has 29 crore policy holders. The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation. Details of Vacancy : Assistant – 8500+ Posts (6422 Released) ZoneCity/ AdvertisementNo. of VacancyNorthern Zone (Jammu, Kashmir, Laddakh, Himanchal Pradesh, Punjab, Haryana, Delhi, Rajasthan)Ajmer (Notification)95Amritsar47Bikaner126Chandigarh50Delhi 1,2 &3254Jaipur 1 & 2217Jalandhar25Jodhpur188Karnal65Ludhiana64Rohtak97Shimla138Srinagar71Udaipur107North Central Zone (Uttar Pradesh, Uttarakhand)Agra99Aligarh63Allahabad105Bareilly71Dehradun34Faizabad185Gorakhpur262Haldwani22Kanpur54Lucknow54Meerut122Varanasi222East Central Zone (Bihar, Jharkhand, Odissa)BegusaraiAvailable SoonBehrampurAvailable SoonBhagalpurAvailable SoonBhubaneshwarAvailable SoonCuttackAvailable SoonHazaribaugAvailable SoonJamshedpurAvailable SoonMuzaffarpurAvailable SoonPatna 1Available SoonPatna 2Available SoonSambalpurAvailable SoonEastern Zone (West Bengal, North East staes)Asansol65Bardhman100Bongaigaon41Guwahati66Howrah131Jalpaiguri98Jorhat42Kolkata Metro Div 1 &260Kolkata Suburban103Kharagpur235Silchar39Central Zone (Madhya Pradesh, Chattishgarh)Bhopal43Bilaspur33Gwalior51Indore90Jabalpur90Raipur36Satna74Shahdol55South Central Zone (Andhra Pradesh, Telangana, Karnataka)Belgaum73Bangaluru 1 &240Dharwad35Hyderabad40Kadapa40Karimnagar68Machallipatnam24Mysore55Nellore36raichur73Rajahmundry11Shimoga51Udipi28Vishakhapattanam46Warangal11Southern Zone (Tamilnadu, Kerala)Chennai 1 &220Coimbatore39Ernakulam10Kottayam43Kozhikode59Madurai58Salem45Thanjavur34Thiruanantapuram20Thrissur33Tirunelveli21Vellore18Western Zone (Maharastra, Gujrat, Goa)Ahmedabad98Amaravati72Aurangabad64Bhavnagar21Gadhinagar123Nashik54Kolhapur92Mumbai 1,2,3 ,4 & SSS216Nadiad51Nagpur72Nanded63Pune 1 &218Rajkot10Thane98Satara52 LIC Assistant Recruitment 2019 Highlights Organization NameLife Insurance Corporation of India (LIC)Post NameAssistantVacancies6422StatusRegular PostsApplication Date17.09.2019Exam Date21 & 22 October 2019Selection ProcessPreliminary Exam And Main ExamWebsitehttps://www.licindia.in/Home.aspx Age Limit : Minimum Age shall be 18 years (completed) as on 01.09.2019. Maximum age shall not be more than 30 years (candidates must have been born not earlier than 02.09.1989 and not later than 01.09.2001 both days inclusive only are eligible ) Education Qualification :“Bachelor’s Degree (10+2+3 pattern) in any discipline from a recognized Indian University/Institution”.For Ex-Servicemen:(i) HSC (10+2+3 pattern): who have put in atleast 10 years service (ii) Matric: who have put in atleast 15 years service (iii) Non-Matric: 15 years service+ Indian Army special certificate exam or corresponding examination in Air Force and Navy Application Fee : For SC/ST/ PwBD candidates – Intimation Charges of Rs. 85/- + GST + Transaction Charges For all other candidates- Application Fee-cum-Intimation Charges of Rs. 510/- + GST + Transaction Charges Salary : Basic pay of Rs. 14435/- per month in the scale of Rs. 14435-840(1)-15275-915(2)-17105-1030(5)-22255-1195 (2)-24645-1455(3)-29010-1510(2)-32030-1610(5)-40080 and other admissible allowances as per rules. Total emoluments at the minimum of the scale inclusive of Graduation Increment, House Rent Allowance & City Compensatory Allowance wherever admissible, depending upon the classification of the city and meal coupon will be approximately Rs 30,000/- per month in ‘A’ Class city. Other benefits are Defined Contributory Pension, Gratuity, LTC, Cash Medical Benefit, Group Mediclaim, Group Personal Accident Insurance, Group Insurance, Vehicle Loan (2-wheeler) as per rules, etc. How to Pay Fee : Candidates have the option of making t he payment of requisite fees/ intimation charges through the ONLINE mode only: Payment of fees/ intimation charges via the ONLINE MODE. he payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets. How to Apply : Candidates satisfying the conditions of eligibility as on 01.09.2019 are required to go to the LIC’s website www.licindia.in and click on the ‘Careers’ to open the link “ Recruitment of Assistant 2019”. Candidates are requested to click on the Zone link and thereafter on the Division link for registering his application. The link redirects the candidates to the online registration page. Selection Process : Preliminary ExaminationMain Examination Important Dates : Application Started17.09.2019Last Date of Application Submission01.10.2019Submit Application Fee01.10.2019Exam Date21 & 22 October 2019 Last Date – 01.10.2019 Important Link Area :- Download Advertisement Download NOWApply Online Apply NOW Syllabus Exam PatternLIC Assistant Syllabus 2019Admit CardLIC Assistant Admit Card 2019Official Websitehttps://www.licindia.in/Home.aspx Read the full article
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supervidyavinay · 5 years ago
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Ajit Dayal, Founder, Quantum Advisor, is back in circulation. Though he left Quantum Mutual Fund three years ago, Dayal continues to be the face of the fund house for its most loyal investors. Shivani Bazaz of ETMutualFunds.com caught up with Dayal to find out his thoughts on a wide range of issues from the current pandemic to the future of value investing. Edited interview.We spoke to you last when you were leaving Quantum Mutual Fund almost three years ago. How have you been? What keeps you busy these days?Barring trying to avoid COVID-19, I have been well – and busy. While the succession plan had been put in place prior to my resignation from the Boards of the Sponsor and Quantum AMC in August 2017, there was still a residual hand holding that took up some of my time in the following year. In October 2018, I was drawn back to help Quantum in the efforts that we had started on converting our Integrity screen in our investing process to a full-fledged ESG-integrated approach. We had started building teams in 2014 for ESG and I spent some time over the past year on ensuring this process was completed. So, I have retired in one sense – but I let the passion drive me and direct my involvement with Quantum Mutual Funds and the Sponsor. You still seem to travel a lot, especially abroad. Is there anything left of the India Story abroad?I spend my time travelling to educate people on the reality of India and asking them not to get caught up in undue optimism or pessimism. The BRIC fairy tale penned by Goldman, Sachs hurt India because it numbed Indian policy-makers into believing that India would rise to some Super Power status because some overpaid economists with little Indian knowledge mandated so on their spreadsheets! By the time of the Great Financial Swindle and the collapse of Lehman in September 2008, the India story was in danger because of the UPA government’s focus on growth at any cost – including questionable and possibly corrupt deals, as has been seen in many court verdicts. The Modi win in May 2014 was seen by many as a re-set and an opportunity for the realization of the Great India Dream. Sadly, the Modi government has proved and shown its inexperience and incompetence when dealing with economic matters. Their mastery over winning elections and toppling state governments is well established and proven. However, while that may allow a consolidation of social power and a dominance of religious beliefs – it does not feed the stomachs or the aspirations of the poor and the middle class. The disastrous demonetisation of November 2016, not only aborted the trajectory of an economy that was about to take off after a great kharif crop in 2016, but rolled back the clock on gains made by small businesses and farmers by adding to their debt levels due to a frozen, cashless economy. The GST is, in my view a fundamentally flawed policy authored by the Congress and, sadly, adopted by the BJP. Furthermore, the penchant for issuing one circular a week for two years to explain GST highlights the lack of understanding by the policy makers of the reality of business and also adds heft to my basic premise that GST is a flawed policy because it hurts the smaller companies and limits the flexibility of every state to create its own business plan. Given the distortions that exist in the reality and perception of India – either bullish or bearish – my travels will continue, subject to COVID!Indian economy was already passing through a very bad phase when the pandemic hit the country. How do you view the current situation?Clearly, the Demonetisation of 2016, the GST of 2017, the collapse of IL&FS of 2018 and the continued support by the political class of the real estate sector – which supports zombie ghost buildings and prevents markets from functioning - has led to a sharp slowdown in the Indian economy and a near-freeze of the banking system for over 2 years. The unexpected COVID has hit a death-blow to India from a social and economic perspective. Rather than stepping in to send the patient to the ICU, the central government is busy spending money on a new Parliament complex and, in Mumbai, the state and municipal government is spending 100x more on a coastal road being built for 50,000 cars rather than hospital beds which are needed for millions. The mutual fund industry got a Rs 50,000 crore bailout from the RBI within 48 hours of the Franklin Templeton debacle and has access to bank loans. The migrant workers are still finding and self-funding their way back to their villages and the Atmannirbhar is now a fancy word for a more blunt “you are on your own – the government has deserted you” state of mind. In a recent article I pointed out that less than 5% of companies may have cash to pay salaries for 6 months – by the time you add interest payments and other fixed costs, companies will not have the ability to survive this unnecessarily long lockdown. Basically, the lockdown was a failure of the central government to plan and the states that have done well are those with better local governments. Maharashtra and Gujarat were failed models and Karnataka and Kerala, to name a few, had successful plans. Multinationals looking to relocate to India will be haunted by the images of the migrant workers and of the bungling by certain states, including the failure of the Gujarat model and the confusion of the Maharashtra government. When an MNC is trying to de-risk its supply chain, it will not seek another risky host state!The government’s stimulus package seems to have disappointed almost everyone. How do you rate the government's efforts to revive the economy?The government remains clueless on policy. While its citizens are dying, it is worrying about fiscal deficits. The government has now evolved a class partition within migrants. The more successful migrants like fund managers get a bail out, some migrants may sit at home and raise thousands of crores in rights issues supported by government agencies and public money, the less successful get to walk 600 km to reach their villages and can audition for a TV series on Survival. Indian industrialists continue to give their standard “8 on 10” for every useless policy from any government. The only thing that will work now is a direct transfer of 4% of GDP or Rs 9 lakh crore - sending Rs 10,000 per month for 6 months to 150 million households in India. We need to rescue the largest and most distressed people in our society. The BJP government has done a fantastic job of accelerating the programmes started by the UPA: MNREGA and the Jan Dhan accounts. Now is the time to activate this facility and use it as a safety net for society. Keep in mind that 4% of GDP given to the poor will lead to consumption – that will boost the recovery of the economy, of society, and mitigate the human tragedy to some extent. Having LIC subscribe to a rights issue of Reliance or a Bharti does not help the economy – it helps those specific companies and their shareholders.The great Indian middle class is facing serious threat due to the Covid-19 pandemic. A lot of job cuts and pay cuts are threatening the very existence of the middle class. Will it further dent the consumption story?Since 2009, a sample of 180 listed companies sourced from Equitymaster had profits of Rs 29 trillion (Rs 29 lakh crore) and paid out 63% of that as dividends of Rs 18 trillion. If they had kept aside a 20% reserve pool – for bad times such as a drought year or a COVID pandemic – they would have had internal reserves to pay salaries for up to 4 months without seeking alms from the government. The certainty of the salary cheque for middle class and lower class India would have been a huge morale booster and allowed a quick recovery from urban India. In the 1980s I criticized corporate India for being inefficient and sleepy and helped import the concepts of financial discipline and efficiency that came along with the fund flows from foreign portfolio investors. Alas, today, we live in the era of companies focused on quarterly profits and maximizing shareholder value and suppressing their duty to look after the human capital that actually makes the company profitable. With the exception of the glorified CEO and senior managers who are paid too much money. An economy is only as strong as the depth and breadth of the middle class and aspiring lower classes. COVID has shown how we have little respect for this backbone of future prosperity.Even their investments are not in great shape. Debt mutual funds have completely betrayed the trust of investors. First, it was a series of downgrades and defaults, now a mutual fund just shut its debt schemes to tide over a difficult situation. Many mutual fund investors have started saying mutual funds sahi nahi hai. As an outspoken critic of the industry, what is your take on the industry?I could write – and probably should write – a book on how the mutual fund industry has become the prime example of a great idea gone wrong. Conceptually, the mutual fund is a great way for most people to invest their savings in the financial markets. Sadly, SEBI uses capital requirements as a filter to separate the crooked from the good. And look where we are. In 2005 investors were mis-sold the BRIC story and the damage to their portfolios after 2008, caused investors to shy away from mutual funds until Prime Minister Modi brought a renewed sense of vigour to the Indian economy. Though the economic promise was not delivered, the confidence and faith saw more inflows into mutual funds in the past 5 years than in the previous 22 years. All this means is that, sadly, the CEOs and Star Fund Managers of many mutual fund houses rubbed their hands in glee and sold more toxic products to gullible investors. Franklin Templeton is not the only fund house that took wild bets to earn more returns so that they could gather more assets. Look at the facts sheets of the top fund houses in January 2020 and see the games they were playing with investors’ money to gather more assets. It is scandalous and shameful. SEBI should cancel the licenses of these Asset Gathering fund houses. They have proven themselves to be unfit and improper to manage retail money. Let them use their PMS licenses to gamble with the more sophisticated or aware HNI money if they wish. Mutual fund is a sahi vehicle - but investors have to realise that many of these branded fund houses are cowboys shooting from the hip.Many equity mutual fund investors, including seasoned investors, are struggling to make sense of the stock market that is increasingly driven by excess global liquidity. You are lucky if your fund manager is adventurous enough to pay the extra high price for the stocks. How does a value investor like you see the situation?The foundation of my investment experience is built on the “value” style of investment as taught to me by Tom Hansberger, who was a partner of the legendary Sir John Templeton. Over the past 5 years, value has become less relevant as a style of investing. In the US, the technology stocks dominate market movements. In India 3 stocks (HDFC, HDFC Bank, Reliance) accounted for 66% of the gains in the BSE-30 Index between May 2014 till the market peak in January 2020. So it is a concentrated market movement. Knowing that “value investing” may fall out of favour in a changing world we had built the Quantum Equity Fund of Funds which captures styles from large cap to small cap to growth as a complementary to the Quantum Long Term Equity Value Fund. We have, for years, been suggesting that investors allocate their equity across styles by investing 80% in the other styles and 20% in the value style for a blended and smoother return. This formula has worked and I hope people did – and will – try it! The Value Fund was the first fund we launched because that is what we knew well – and then we built teams to identify and build solutions around other styles of investment and other asset classes. Today, with just 8 funds, you can use a building block Lego-style to create a financial solution to match your needs, keeping the Value fund as one portion of your allocation bucket.The underperformance of Quantum Long Term Equity Fund has been a cause of concern for many value investors. Do you think value investing has lost its relevance in the current market scenario? In fact, most value funds have been languishing at the bottom in the last few years. And many investors believe we are again going to see liquidity chasing a few select stocks. Please comment.Value as a style of investing is struggling – worldwide. I see that helping in the near term but the long term benefits of an allocation only to a value fund remains in doubt. After COVID, many companies will be in trouble as they may not have strong balance sheets. So the Value stocks should, generally, have more cash and less debt and have a better chance of survival. After that survival is known and when the economy picks up steam - maybe in the middle of 2021 - then the debate is whether the similar Top 3 stocks will account for 66% of the gains in the future. One needs to recognize that these styles of investment are all like pathways to the divine. There are varied levels of risk in a small cap, mid cap, growth or value approach but they seek the same objective: returns. Personally, I have a blended portfolio with the Equity Fund of Funds and the Value Fund and suggest that investors should consider that.Be sensible, be safe, and be diversified. This was the advice you had given to ETMutualFunds.com readers in the last interview. (Read: We have done all that we said we would do) Does the advice remain the same?Yes, the returns you seek is not an end in itself, made in isolation. The returns an investor seeks is an objective to achieve a future goal. No one has any idea which asset class will do well in a one, three or five year period. Therefore, you must have your safe money in liquid funds, your money for future needs in equity funds and your insurance in gold savings funds. Quantum MF has built these simple solutions methodically, brick by brick. My savings are housed there! from Economic Times https://ift.tt/3hAIvUa
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atomicjellyfishdelusion · 5 years ago
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Mobile Payment Transaction Market to Grow at Robust CAGR in the COVID-19 Lockdown Scenario
A research report on " Mobile Payment Transaction Market  2019 Industry Research Report. This is a key document as far as the clients and industries are concerned to not only understand the competitive market status that exists currently but also what future holds for it in the upcoming period, ie, between 2018 and 2025. The report has categorized in terms of region, type, key industries, and application.
Global Mobile Payment Transaction Market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2025, with a CAGR of xx% during 2018-2025.
Request For Report Sample @  https://www.trendsmarketresearch.com/report/sample/13120
Major Geographical Regions
The study report on Global Mobile Payment Transaction Market 2018 would cover every big geographical, as well as, sub-regions throughout the world. The report has focused on market size, value, product sales and opportunities for growth in these regions. The market study has analyzed the competitive trend apart from offering valuable insights to clients and industries. These data will undoubtedly help them to plan their strategy so that they could not only expand but also penetrate into a market.
The researchers have analyzed the competitive advantages of those involved in the industries or in the Mobile Payment Transaction Market. While historical years were taken as 2013 – 2017, the base year for the study was 2017. Similarly, the report has given its projection for the year 2018 apart from the outlook for years 2018 – 2025.
Like any other research material, the report has covered key geographical regions such as Europe, Japan, United States, India, Southeast Asia and Europe. Researchers have given their opinion or insights of value, product sales, and industry share besides availability opportunities to expand in those regions. As far as the sub-regions, North America, Canada, Medico, Australia, Asia-Pacific, India, South Korea, China, Singapore, Indonesia, Japan, Rest of Asia-Pacific, Germany, United Kingdom, France, Spain, Italy, Rest of Europe, Russia, Central & South America, Middle East & Africa are included.
Mobile Payment Market Key Segments:
By Mode of Transaction • Short Message Service (SMS) • Near-field Communication (NFC) • Wireless Application Protocol (WAP)
By Type of Mobile Payment • Mobile Wallet/Bank Cards • Mobile Money
By Application • Entertainment • Energy & Utilities • Healthcare • Retail • Hospitality & Transportation • Others
By Region • North America o U.S. o Canada o Mexico • Europe o UK o Germany o Switzerland o Rest of Europe • Asia-Pacific o India o China o Japan o Rest of Asia-Pacific • LAMEA o Latin America o Middle East o South Africa
Get Complete TOC with Tables and Figures@ https://www.trendsmarketresearch.com/report/discount/13120
The Key Players Profiled in the Report are as follows
• Orange S.A. • Vodacom Group Limited • MasterCard Incorporated • Bharti Airtel Limited • MTN Group Limited • Safaricom Limited • PayPal Holdings, Inc. • Econet Wireless Zimbabwe Limited • Millicom International Cellular SA • Mahindra Comviva
The objective of the researchers is to find out sales, value, and status of the Mobile Payment Transaction Market at the international levels. While the status covers the years of 2013 – 17, the forecast is for the period 2018 – 2025 that will enable market players to not only plan but also execute strategies based on the market needs.
The study wanted to focus on key manufacturers, competitive landscape, and SWOT analysis for Mobile Payment Transaction Market. Apart from looking into the geographical regions, the report concentrated on key trends and segments that are either driving or preventing the growth of the industry. Researchers have also focused on individual growth trends besides their contribution to the overall market.
Report Objectives:
  • Analysis of the global Mobile Payment Transaction Market size by value and volume.
To accurately calculate the market segments, consumption, and other dynamic factors of the various sections of the Global Mobile Payment Transaction Market.
Determination of the key dynamics of the global Mobile Payment Transaction Market.
To highlight key trends in the global Mobile Payment Transaction Market in terms of manufacturing, revenue and sales.
To summarize the top players of Global Mobile Payment Transaction Market and show how they compete in the industry.
Study of industry processes and costs, product pricing and various trends associated with them.
<<< Get COVID-19 Report Analysis >>>  https://www.trendsmarketresearch.com/report/covid-19-analysis/13120
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