Monday 20 February 2017

News Digest: Banks exetnd help to startups in need of credit

THE TIMES OF INDIA
Tuesday, February 21, 2017
Today's Headlines

Banks exetnd help to startups in need of credit
Private sector lenders HDFC Bank, Axis, IDFC, Kotak Mahindra and Yes Bank have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others, throwing a new credit lifeline for startups starved of equity capital, signalling some sort of maturity in the sector.

Telecom tribunal asks whether Jio's offers are base plans or special vouchers
Telecom tribunal TDSAT today asked regulator TRAI to place all documents pertaining to Reliance Jio's free offers and specify whether the tariffs were a regular plan, base plan or special tariff voucher.

Samsung India's most successful brand, Apple most innovative: Report
Samsung has emerged as the most successful mobile brands in the first decade of smartphones in India, followed by Cupertino-major Apple and HTC

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