India okays first trial for e-commerce drone delivery

Low-cost carrier SpiceJet said it has received regulatory approval to test drones to deliver e-commerce parcels, medical, pharma and other essential supplies. “Post trials and approvals, SpiceXpress, the dedicated cargo arm of SpiceJet, plans to use drones to provide for a quicker, faster and a cost-effective delivery,” low-cost carrier said. A SpiceXpress-led consortium had submitted […]

NBFCs, telecom and microfinance cos among RBI’s payment bank hopefuls – Report

Recent draft guidelines on small and payment banks have enthused about 100 entities including microfinance institutions, telecom players, non-banking finance companies (NBFCs) and public sector companies to apply for such banking licence once RBI invites applications for the same, reveals the ASSOCHAM latest study. These interested firms are awaiting final guidelines which will provide more […]

Now make a 3-minute movie to become a movie director via Idea contest

Idea Cellular has announced a new contest to find upcoming movie directors. The contest, called ‘Raju Ban Gaya Director’, is open to everyone in India. Applicants need to create an original concept movie of 1 to 3 minutes on the mobile phone and upload it on The Jury, comprising of experienced film makers, will […]

78% of Delhiites prefer online shopping over brick and mortar – Survey

Thanks to scorching heat, shopping trends of Indian consumers have witnessed a significant change this ‘summer season’, a whopping 155% rise in online trends compared to 85% last year, according to a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). As per the ASSOCHAM findings, Delhiites have left behind all other […]