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Retailers in Bangladesh see decline in mobile phone sales as e-commerce firms roll out attractive discounts
According to retailers in various markets across Dhaka, including Bashundhara, Jamuna Future Park, Motaleb Plaza, and Eastern Plaza, smartphone sales at retailers are declining as a result of attractive offers given by e-commerce companies.
RBI bars Mastercard from onboarding new customers in India
The Reserve Bank of India has barred Mastercard Asia/Pacific Pte. Ltd from onboarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021.
Global telecom giant Verizon Business looks to push 5G and wireless tech for contactless payments
With the danger of Covid-19 third wave looming large, telecom operators including Verizon seek to expand into new businesses ranging from robotics to fintech companies
Earth Rhythm raises $1.2 million seed round from Anicut Angel Fund
Gurugram-based personal care startup Earth Rhythm has raised $1.2 million in seed funding from Anicut Angel Fund, the equity arm of Anicut Capital.
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Nokia plans to launch first 5G smartphone in India this year
According to a report by ITHome, HMD Global plans to launch its 5G smartphone first in China on November 11
Microsoft registers for VAT in Bangladesh
The company is registered in Singapore under the name Microsoft Regional Sales PTE Limited. With the registration, Microsoft will from now on submit a regular VAT return as a business operator in Bangladesh. As a result, the VAT authorities will be able to audit their returns.
Nasdaq logs new all-time high on the back of tech stocks
The tech stocks at New York Stock Exchange are reported to have swelled amid fears over the third Covid-19 wave hitting across Asia soon
Jet Airways’ takeoff plan gets NCLT approval
On June 22, the tribunal, through an oral order, cleared the consortium’s plan for the bankrupt-Jet Airways under the insolvency law
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WhatsApp on expansion mode, names Manesh Mahatme head for payments’ biz in India
Mahatme brings along with him 17 years of experience in digital financial services and payments across Citibank, Airtel Money and Amazon
US begins debate over legislation to curb Big Tech dominance
The proposed new legislations are likely to break up the dominance of global technology majors including Google, Apple, Amazon, and Facebook
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