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Showing posts from July, 2019

Huawei Y9 Prime 2019 India launch at 12 noon: Know specs, features, & more

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Chinese smartphone maker Huawei is gearing up to launch the Huawei Y9 Prime in India on August 1 at 12 noon. The phone is going to be the company’s first offering to feature an elevating selfie camera module in the country. An Amazon-exclusive product, the phone’s listing page is already live on the e-commerce platform with a ‘notify me’ option to pique user interest. First unveiled by the company in home country China in May, the phone has a Google Pixel-inspired dual-tone gradient design on the back. On the front, it has a 6.59-inch fullHD+ LCD display stretched in a tall 19.5:9 aspect ratio. The display boasts an obstruction-free profile with no cut-out area for notch or punchhole. Accommodating the phone’s front camera is a pop-up selfie camera module which rests on the top-left side of the chassis. It elevates when the front camera is activated for selfie or to recognise face to unlock phone. The elevating selfie camera module pops-up in one second. It takes around the sa...

SC seeks to know why Unnao rape victim's letter to CJI didn't reach him

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The Supreme Court on Wednesday sought a report from its secretary general as to why a letter written by the Unnao rape victim to Chief Justice of India Ranjan Gogoi, apprehending threat to her life, was not placed before him. "Unfortunately, the letter is yet to see the light of the day and yet the newspapers flashed it as if I have read the letter," Justice Gogoi said. The observations came when senior lawyer V Giri, who is assisting the court as an amicus curiae in child rape cases, sought urgent listing of the Unnao rape case. The court also asked the Uttar Pradesh authorities to file a status report by Thursday on the accident of the Unnao rape case victim. The 19-year-old woman, who was allegedly raped two years ago by BJP MLA Kuldeep Singh Sengar at his residence in Unnao, was critically injured in a car crash on Sunday. Read More Article Source -> Business Standard

Food doesn't have religion': Zomato after customer seeks non-Muslim rider

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Food delivery company Zomato is winning the internet after it refused on Wednesday to resolve a customer's complaint about being assigned a Muslim delivery executive for his food order. "Food doesn't have a religion. It is a religion," the company tweeted in response to the customer's request for change of the rider. On Tuesday night, a man tweeted about cancelling his order placed on Zomato as the designated rider was a "non-Hindu". "Just cancelled an order on @ZomatoIN they allocated a non hindu rider for my food they said they can't change rider and can't refund on cancellation I said you can't force me to take a delivery I don't want don't refund just cancel," Amit Shukla, a resident of Jabalpur in Madhya Pradesh, tweeted. In a series of tweets, he also shared screenshots of his conversation with Zomato's customer care, saying he would take up the issue with his lawyers. The company stood its ground ...

Cafe Coffee Day names S V Ranganath as interim chairman

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Coffee Day Enterprises Ltd named S.V. Ranganath as interim chairman after founder V.G. Siddhartha was confirmed dead by the police on Wednesday. Ranganath is currently a non-executive independent director. The company has also set up a committee that will be vested with the powers of the chief executive and explore opportunities to deleverage the Coffee Day Group, the company said. Article Source -> Business Standard

V G Siddhartha: A lot happened over coffee for the CCD founder

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The body of Cafe Coffee Day founder V G Siddhartha , who had gone missing, was found on Wednesday in the Netravati river in Dakshina Kannada district of Karnataka after 36 hours of intense search, officials said. Two days prior to his disappearance, the coffee baron had left behind a note to his employees that revealed he was in deep debt. The mountain of debt was impairing his business as working capital requirements could not be met. It led him to sale his stakes in IT firm Mindtree that gave him some room to manoeuvre. "I have failed to create the right profitable business model despite my best efforts. I would like to say I gave it my all. I am very sorry to let down all the people that put their trust in me. I fought for a long time but today I gave up as I could not take any more pressure...," his note read. Read More Article Source -> Business Standard

OPPO launches new operating system ColorOS 6 trial version for F9 mobiles

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OPPO has announced the rollout of the ColorOS 6 Open Trial Version for its F9 smartphone. The new ColorOS 6 Open Trial Version offers users the latest Android Pie mobile operating system experience, and comes replete with all-new customized features. Android Pie - a major upgrade All models upgraded to ColorOS 6 integrate the practical new features introduced by Android Pie, including improved interactions, enhanced AI capabilities and optimization of the underlying interface. An all-new navigation gesture in Android Pie offers a cutting-edge experience in user interactions. Android Pie is powered by Google's AI capabilities with Google Assistant, ARcore, Google Lens and other intelligent scenario-based services. OPPO's integration of the latest software update provides a smoother, smarter and more user-friendly experience for customers. Borderless design ColorOS 6 adopts a borderless design concept to relieve user anxiety caused by information overload. OPPO c...

Cafe Coffee Day founder V G Siddhartha's body found from river

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The body of Cafe Coffee Day founder V G Siddhartha has been found from the Nethravathi river, according to TV reports on Wednesday. Siddhartha's body was found on the banks of the river near the Hoige Bazaar in Mangaluru, according to news agency ANI. Siddhartha, the founder of India’s largest coffee chain, went missing on Monday night en route to the coastal Karnataka city of Mangaluru, with a letter purportedly written by him showing he was under "tremendous pressure" from lenders and one of the private equity partners (PEs). The letter also alleged "a lot of harassment" from tax authorities. A massive search operation involving teams of the National Disaster Response Force, Coast Guard, Home Guard, fire services and coastal police had continued throughout Tuesday. Search teams had scoured the waters under a bridge across the Nethravathi river near Mangaluru where the 60-year-old businessman was reportedly last seen. The son of a coffee planta...

ICC launches Test championship, the 'World Cup' of red-ball cricket

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The International Cricket Council (ICC) launched the inaugural World Test Championship on Monday, setting the stage for a long tournament in red-ball cricket to determine the World Test Champion. The two-year affair comprises top nine Test teams-- Australia, Bangladesh, England, India, New Zealand, Pakistan, South Africa, Sri Lanka and the West Indies -- who will compete in 71 matches in 27 series. Each team will play three home and three away series. The top two teams at the end will compete in the ICC World Test Championship Final in the UK in June 2021. The first Ashes Test between England and Australia at Edgbaston will mark as the inaugural game of the event. India will not play against Pakistan because each team has picked six opponents by mutual agreement, within the existing framework of the Members rights agreements. Also, the teams can play matches outside the World Test Championship during this period. Accordingly, The Indian team would be playing against Wes...

Cricket Australia revamps domestic 50-over competition structure

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Cricket Australia has revamped the domestic one-day tournament structure for the upcoming 2019-20 season. On Tuesday, it announced the fixtures of the 50-over domestic competition which will now be played in three parts, the first part -- Marsh One-Day Cup -- will commence on September 21. It will be followed by the Sheffield Shield beginning October 10. The remaining part of the competition, which comprises of 11 games, will take place in two more blocks - late-October and mid-November. The final of the competition will be held on November 26. The other major change is the expansion of the Women's National Cricket League (WNCL), with teams each playing eight matches, compared to just six in previous seasons. Cricket Australia's Head of Cricket Operations Peter Roach said: "We've listened to the states, territories, the ACA and players on what is going to make our cricket system stronger." "For the men's One-Day Cup, the key priorities wer...

Why has Unnao rape accused been given political protection, asks Priyanka

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In an apparent attack at the BJP, Congress general secretary Priyanka Gandhi Vadra on Tuesday asked why people like BJP MLA and rape accused Kuldeep Singh Sengar are given the "protection of political power", while their victims are abandoned to battle for their lives alone. Priyanka Gandhi's poser in a tweet came a day after the Uttar Pradesh police filed a murder case against Sengar and nine others following a complaint by the Unnao rape survivor 's family, alleging "conspiracy" behind the Sunday's car crash in which the victim was severely injured and two of her family members were killed. The Congress leader also tagged portions of the FIR filed along with the tweet. "Why do we give people like Kuldeep Sengar the strength and protection of political power and abandon their victims to battle for their lives alone?" Priyanka Gandhi tweeted. "This FIR clearly states that the family was threatened and apprehensive. It even men...

VG Siddhartha says failed as an entrepreneur, disappears two days later

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"I have failed as an entrepreneur," V G Siddhartha , who has gone missing, has said in a letter purportedly written to the Board of Directors and employees of Coffee Day Enterprises , he founded. "After 37 years, with strong commitment to hard work, having directly created 30,000 jobs in our companies and their subsidiaries, as well as 20,000 jobs in technology company where I have been a large shareholder since its founding, I have failed to create the right profitable business model despite my best efforts", he said. "I would like to say I gave it my all. I am very sorry to let down all the people who have put their trust in me," he said in the letter, widely circulated in the social media. There was no immediate confirmation on whether the letter was indeed written by Siddhartha. Siddhartha said he fought for a long time but "today I gave up as I could not take any more pressure from one of the private equity partners forcing me to buy...

Cafe Coffee Day founder VG Siddhartha missing in Mangaluru: Report

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Cafe Coffee Day (CCD) founder and former Karnataka Chief Minister, SM Krishna's son-in-law, V G Siddhartha , is suspected to have jumped off a bridge in Mangaluru on Monday night, the Times of India reported on Tuesday. According to the report, the news emerged after the Mangaluru City Police started a search for a person who had jumped off the kilometre-long Ullal bridge on Monday night. The report said that one of the police officers confirmed that a person was suspected to have jumped off the Ullal bridge, which is built across the River Nethravathi, at 9pm. A search operation is now underway while his mobile phone is reported to be switched off. According to the report, based on the statement of a person, reportedly a car driver, the person in question is suspected to be Siddhartha. Siddhartha had been in the news earlier this year when news agency PTI had reported that IT company Mindtree found certain irregularities in disclosures made by him. Read More Ar...

Realme Freedom sale announced, Rs 1,000 off on phones: Details here

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Chinese smartphone manufacturer BKK Electronics’ smartphone brand Realme on July 30 announced a three-day sale to commemorate its nine million users in India. Named Realme Freedom sale , the sale starts from August 1 and continues until August 3, exclusively on home-grown e-commerce platform Flipkart and Realme’s online shopping portal. During the sale, the company is offering Rs 1,000 discount on all the variants of its midrange smartphone the Realme 3 Pro. It is also offering Rs 500 discount on the 4GB RAM and 64GB internal storage variant of the Realme 2 Pro, and Rs 500 discount on the Realme C1. Besides, the company is also offering Flipkart complete mobile protection plan at a discounted price and no cost equated monthly instalment scheme on the smartphones. Additionally, Realme also introduced the diamond red colour variant of the Realme 3, which will be available on Flipkart and offline stores from August 1. It will be available in 3GB RAM/32GB storage and 4GB RAM/64GB ...

SBI Mains Admit Card 2019 released: Know about exam pattern, other details

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SBI Clerk Result 2019: The State Bank of India (SBI) has released SBI Clerk Mains call letter/roll number. According to the SBI Clerk recruitment notification, the main examination will be held on August 10, 2019. All the candidates who have applied for the post of Probationary Officer at SBI can download their SBI Clerk Mains Admit Card 2019 from the official website of SBI at sbi.co.in. Last week, SBI declared SBI clerk prelim result 2019 . Candidates must note that only those who have cleared SBI Clerk Prelims will be eligible for SBI Clerk Mains exam 2019. SBI Clerk Prelim exam was conducted on June 22 and June 23 in the computer-based test mode. SBI Clerk Main examination 2019: SBI Clerk Mains exam pattern The SBI Clerk Main examination will be of 2 hours and 40 minutes. There will be four sections — General/Financial Awareness, General English, Quantitative Aptitude, and Reasoning Ability and Computer Knowledge. There will be 40 questions in the General English sectio...

India firms up threat to boycott Commonwealth Games for shooting exclusion

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India’s threat to boycott the 2022 Commonwealth Games in Birmingham over shooting’s absence in the programme has intensified after the country’s Olympic association sought approval from the sports ministry for such a move. Media reports have cited a lack of suitable facilities as the reason behind Birmingham’s decision to axe shooting which has featured at every Games since 1966, with the exception of Edinburgh in 1970. After the decision was announced last year, the country’s shooting federation suggested boycotting the Games which would not feature what has been a high-yielding discipline for India. Indian Olympic Association (IOA) president Narinder Batra has written a letter to sports minister Kiren Rijiju seeking a meeting to explain the “proposed boycott”. “ We want to express our protest by not taking part in 2022 CWG Games...” Batra wrote in his letter to the minister seen by Reuters. “ We have been noticing over a period of time that wherever India seems to be...

How to review and download all data related to your Google account

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Considering that most of us use at least one Google service in our daily routine, we end up creating some data that get saved on Google’s servers. This data could be related to your Android device configuration, search history, videos watched on YouTube, bookmarks, calendar entries, files and folders saved on GDrive, etc. Thankfully, Google has a provision that allows you to review your settings for Google products and also gives you the option to download all the data related to a Google account as one single file. Here are the steps to do so: Step 1: Connect your notebook or desktop to internet Step 2: Go to any modern browser, preferably Google Chrome Step 3: Go to https://myaccount.google.com/ and sign in using your Google account Step 4: Look for ‘Data & Personalisation’ in left side menu and click on it Step 5: Inside the ‘Data & Personalisation’ settings, scroll down and look for ‘Download, delete, or make a plan for your data’ option Step 6: Of the...

PM Modi to discuss wildlife issues in Discovery's 'Man vs Wild' episode

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Prime Minister Narendra Modi will feature in a special episode of Discovery's " Man Vs Wild " which will highlight "issues related to environmental change." According to a statement from the channel, the special episode, featuring survivalist and adventurer Bear Grylls and shot in the India's Jim Corbett National Park, will be a "frank and freewheeling journey" which will throw light on wildlife conservation. The episode will premiere on August 12 and will be showcased in more than 180 countries across the world on Discovery network of channels. "For years, I have lived among nature, in the mountains and the forests. These years have a lasting impact on my life. So when I was asked about a special programme focussing on life beyond politics and that too in the midst of nature I was both intrigued and inclined to take part in it," the PM said in a statement. "For me, this show presents a great opportunity to showcase to ...

First look of Sanjay Dutt as Adheera from 'KGF: Chapter 2' out!

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On the occasion of Sanjay Dutt 's 60th birthday, the actor's fans were treated with his first look from the upcoming film 'KGF The upcoming sequel will feature Sanjay as Adheera. ' KGF: Chapter 2 ' will mark Dutt's foray into South Indian cinema. The first look of the 'Sadak' actor from the upcoming flick was revealed on Twitter on Monday. Indian trade analyst and film critic Taran Adarsh shared the character poster on his Twitter handle, writing, "BIG ANNOUNCEMENT... Sanjay Dutt as Adheera in KGF: Chapter2." As expected, the first look poster of Sanjay's character from the upcoming film is as deadly as it can get. Going by the poster, it looks like the 'Munna Bhai' actor is going to be the scene-stealer of 'KGF: Chapter 2'. He will be reportedly seen playing the antagonist in the movie. A few months back, the sequel went on floors and while it was speculated that the makers have approached Sanjay and Raveena T...

Xiaomi Redmi K20 Pro: An affordable premium phone that exceeds expectations

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Chinese technology company Xiaomi has so far had an eventful journey in India. In the five years since it launched its first product (smartphone) in the country, it has built for itself the reputation of being a brand for the price-conscious consumer. However, Xiaomi has now shown an intent to expand in other price categories while remaining strong in the budget and affordable smartphone segments. The company launched in India its premium offering, the Redmi K20 Pro , soon after the product was unveiled in China. Business Standard takes a look at the ambitious product and assesses how it fares on key metrics: Design The Redmi K20 Pro does look quite different from other Redmi-branded phones. It has a premium glass-metal sandwich design with a Corning Gorilla Glass 5 protection on front and back. The phone has a glacier-inspired (blue-colour edition that we reviewed) arc-shaped gradient reflective design on the back which looks mesmerising and distinctly different from any ...

Apple gets into 5G race; acquires Intel phone modem business for $1 billion

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American technology company Apple has announced the acquisition of chip-maker Intel's smartphone modem business for $1 billion. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases, the Cupertino-based iPhone maker said in a statement late Thursday. The transaction is expected to close in the fourth quarter of 2019. "This agreement enables us to focus on developing technology for the 5G network while retaining critical intellectual property and modem technology that our team has created," said Intel CEO Bob Swan. "We're looking forward to putting our full effort into 5G where it most closely aligns with the needs of our global customer base, including network operators, telecommunications equipment manufacturers and cloud service providers," he added. Apple will hold over 17,000 wireless technology patents, ranging from protocols for cellular standards to modem architecture and modem oper...

PKL 2019, Match 10 preview: Can Nitesh Kumar bring UP Yoddha back to life?

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On Day 6 of VIVO Pro Kabaddi League , PKL 2019 , UP Yoddha take on Gujarat Fortunegiants in match 10 at the Gachibowli Indoor Stadium in Hyderabad on Friday. Fortunegiants will play their second match of Pro Kabaddi 2019 and look to continue with their domination. Meanwhile, UP Yoddha had a dismal start to their PKL 2019 season after they failed to grab crucial raid points. In PKL 6, UP Yoddha had the raiding trio of Prashanth Kumar Rai, Rishank Devadiga and Shrikant Jadhav. In PKL 7 they have replaced Prashanth with Monu Goyat. Last year’s star defender Nitesh failed to impress in UP Yoddha’s first outing and looks set to bring the spark back into his team’s defensive unit. Due to his phenomenal showing in PKL 6, Nitesh Kumar has been handed the captaincy for PKL 7, taking over from Rishank Devadiga. Nitesh Kumar was the best defender of PKL 6 as he scored 100 tackle points for the season and is the only player to do so in PKL history. Nitesh Kumar also had an amazing tackle po...

PNB reports profit of Rs 1,019 crore for June quarter, net NPAs rise QoQ

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Punjab National bank (PNB) on Friday reported a profit of Rs 1,018.63 crore for the quarter ended June 30, 2019 (Q1FY20) against loss of Rs 940 crore registered in the corresponding quarter of the previous fiscal. Provisions and contingencies stood at Rs 2,023.31 crore, down 64.8 per cent against 5,758.16 crore logged in the year-ago period. Sequentially, the numbers droped 79.9 per cent. In the March quarter, figures stood at Rs 10,071.11 crore. It was a positive surprise from the bank as most analysts had projected loss for the period. For instance, analysts at Edelweiss Securities had forecast the public sector lender to report a loss of Rs 905.8 crore while those at Phillip Capital had estimated NII at Rs 4,316.5 crore, down 8 per cent YoY and a loss of Rs 1,006.9 crore. “ Business momentum is expected to be softer (albeit improving). The asset quality performance is likely to show some improvement… That said credit cost will be higher,” Edelweiss Securities had writt...

RRB Recruitment 2019: Check RRC Group D application status on rrbcdg.gov.in

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RRB Recruitment 2019: The Railway Recruitment Board (RRB) has released the application status of candidates who had applied for the RRC Group D Level 1 posts on its official website rrbcdg.gov.in . The RRB had invited online applications on behalf of (Railway Recruitment Cell, or RRC, for various posts in Level 1 of 7th CPC Pay Matrix in various units of the Indian Railways. The last date to apply for the Group D vacancies was April 26, 2019. The inspection of the RRB recruitment 2019 application status has been completed and applicants can check their application status as either ‘provisionally eligible candidates’ or ‘rejected candidates’. The last date to check the application status for RRC Group D is July 31, 2019. Candidates can check the application status for RRC Group D on the links provided on the official websites of RRB Chandigarh, RRB Ahmedabad, RRB Chennai, RRB Allahabad, RRB Guwahati, RRB Bhopal, RRB Mumbai, RRB Bilaspur, RRB Ranchi, RRB Ajmer, RRB Gorakhpur, R...

Chandrayaan-2: 2nd orbit-raising smooth, expected to reach Moon on Aug 20

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Indian Space Research Organisation (Isro) successfully conducted the second Earth-bound orbit raising maneuver for the Chandrayaan-2 spacecraft. Isro officials said that second maneuver has been performed successfully on Friday at 0108 hours (IST) as planned, using the onboard propulsion system for a firing duration of 883 seconds. The orbit achieved was 251 x 54829 km. All spacecraft parameters were normal. The third orbit raising maneuver is scheduled on July 29, 2019, between 1430–1530 hours (IST). India's second mission to the Moon, Chandrayaan-2, is expected to reach the Moon on August 20, 2019. The first earth-bound orbit raising maneuver for Chandrayaan-2 was performed successfully on July 24, 2019, at 1452 hours (IST) as planned. Between July 26 and August 8, four Earth-bound maneuvers have been planned, culminating in Trans Lunar Insertion on August 14, which will send Chandrayaan-2 to the Moon. On July 22, at 2.43 pm, the Geosynchronous Satellite Launch ...

Kargil Diwas 2019: PM Modi shares pictures of 'unforgettable' 1999 visit

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As the nation observes the 20th anniversary of the Kargil war , Prime Minister Narendra Modi on Friday shared pictures of his visit to the area during the conflict and his interaction with the soldiers. "During the Kargil War in 1999, I had the opportunity to go to Kargil and show solidarity with our brave soldiers," he said on Twitter. The prime minister said that in 1999, he was working for the BJP in Jammu and Kashmir and Himachal Pradesh. "The visit to Kargil and interactions with soldiers are unforgettable," Modi said. In the photographs, he is seen interacting with army men and meeting wounded soldiers. Read More Article Source -> Business Standard

BMW launches flagship sports X7 model in India, prices start at Rs 99 lakh

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German luxury carmaker BMW on Thursday launched its flagship sports activity vehicle BMW X7 in India priced at Rs 98.9 lakh (ex-showroom). The company also introduced the all new version of its 7 Series sedan with petrol and diesel engines priced in the range of Rs 1.22-1.34 crore. Besides, the company has introduced a plug-in-hybrid variant of the 7 Series sedan priced at Rs 1.65 crore (petrol) and Rs 2.42 crore (diesel). BMW India said it will locally produce diesel variant of X7 from its Chennai plant while importing the petrol version as a completely built-up unit (CBU). Both petrol and diesel versions of the model are priced at Rs 98.9 lakh each. "The first ever X7 opens up a brand new dimension in luxurious driving pleasure and is designed to elevate every moment of the journey," BMW Group India President Hans-Christian Baertels told reporters here. The new model is the largest sports activity vehicle ever built by BMW. The petrol variant produces 340 ...

ITR 2019-20: A simple step-by-step guide to filing your income-tax return

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Filing Income Tax Returns (ITR) can be a tedious task. Before filing ITR, you will need to create an e-filing account on the Income Tax website, incometaxindiaefiling.gov.in and register yourself. Registration will be completed after you click the activation link sent via e-mail and enter the provided one-time password (OTP) received on your mobile. Click on 'Registered User' if you have already registered yourself on the website. Important note: The income-tax department has extended last date of filing ITR, which is now August 31. Here's a step-by-step guide to filing Income Tax Returns (ITR): A. Keep essential documents with you Collect documents such as Form 16, salary slips, and interest certificates and Form 26AS. Keeping them handy will help you compute your gross taxable income and will provide you with the details of tax deducted at source (TDS) from your income in 2018-19. B. Get Form 26AS: You can download Form 26AS from the TRACES website. To dow...

Apple to launch three iPhones in 2019 with optic & haptic upgrades: Report

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American technology giant Apple Inc is working on the next iteration of its iPhone smartphones, which are expected to be unveiled sometime in September this year. Speculated to be named iPhone 11, the upcoming series of smartphones could have at least three different models – according to technology news portal 9to5mac. Codenamed the N104, D42 and D43, the upcoming iPhones are reported to be successor to the iPhone XR, iPhone XS and iPhone XS Max, respectively. The N104, which is expected to be the most affordable iPhone in the upcoming series, is said to feature an LCD screen of the same screen resolution as predecessor iPhone XR. The D42 and D43 would be successors to the premium iPhone XS and iPhone XS Max, respectively, and they are reported to boast OLED screens of the same resolution as their predecessors. Though the design of smartphones in the iPhone 11 series is reported to be identical to their predecessors, they are touted to come with improved camera modules and e...

Byju's to replace Oppo on Team India jersey after West Indies tour

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From September onwards, Team India will have a new brand name on their jerseys. Chinese mobile-maker Oppo will be replaced by Byju's, the Bangalore-based educational technology and online tutorial firm. Team India will sport Oppo logo on their jerseys till the West Indies tour which commences from August 3 and ends on September 2. Once, South Africa tour of India begins from September 15, Byju's will takeover the jersey. In March 2017, Oppo had won the Indian team sponsorship rights for a five-year period, i.e. till March 2022 for a whopping amount of Rs 1079 crores, outbidding Vivo mobiles' Rs 768 crore bid. However, according to a Times of India report, Oppo has now decided to exit the space because it finds the value at which it acquired the rights in 2017 to be "extremely high" and "unsustainable". The report further says that BCCI will continue to receive the same amount from Byju's and will be at no loss for the entire duration of ...

WhatsApp plans to roll out payments service in India later this year

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WhatsApp Global Head Will Cathcart on Wednesday said the company could roll out its payments service to users across India later this year. The messaging app , which has about 400 million users in India, has been testing its payments in the country since last year with about a million users. Cathcart said the company's vision is to make sending money as easy as sending a message on the platform. "We believe that if we get this right, it will accelerate financial inclusion and bring value for people in India's fast growing digital economy, We can't wait to provide the service more of our users all across India later this year," he said at an event. WhatsApp's service, which would compete against the likes of Paytm, PhonePe and Google Pay, is yet to be rolled out nationally in India. The Facebook-owned company, which has over 1.5 billion users globally, is looking rolling out its payments service in other markets as well. WhatsApp's ambitious ...