New Delhi: Digital payments company Paytm has appointed ex-Goldman executive Amit Nayyar as president, financial services business. Reporting to Vijay Shekhar Sharma, founder and CEO of Paytm, Nayyar will lead the company’s efforts to further its footprint in lending, insurance, wealth management and broking businesses, the company said in a statement. “As we focusRead More →

Are you a salesperson? “Of course not. I am an accountant (or something else).” That’s the common internal story of most professionals. You may not realise that you are always a salesperson irrespective of your job description. Sales is the process of communicating the value of something. Without the ability to convey value, no employeeRead More →

The Prime Minister’s Office (PMO) and the finance ministry are in talks over the foreign portfolio investments (FPI) surcharge issue, a government official told CNBC-TV18. After the Union Budget announcement in July, there was a meeting held by the finance ministry’s Department of Economic Affairs (DEA) where issues and representationsRead More →

The Consumer Financial Protection Bureau yesterday announced its intent to allow the expiration of a major provision of the Ability to Repay mortgage lending rules established by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The change could have serious implications for mortgage and housing markets. The Ability to RepayRead More →

The Nifty index fell by 177 points or 1.53 per cent on Friday to close at 11,419. The Sensex was down 560 points, closing at 38,337. The fall in both these indices is in addition to the over 2.5 per cent fall they witnessed in two trading sessions immediately followingRead More →

NEW DELHI: The Reserve Bank of India (RBI) will soon come out with a mobile app that will read out the denomination of currency notes for the visually-challenged population. The central bank has started the process of scouting for a vendor that can develop the mobile application for aiding the visually impaired inRead More →

Two new large studies, released within a week of one another, provide valuable insight into the current state of local digital marketing. FreshChalk published an analysis of 150,000 local business websites and SOCi conducted a Localized Social Marketing benchmarking analysis (registration required) of 163 leading franchise brands in ten vertical categories. What they reveal,Read More →