‘Building smart cities starts with people, not technology’

When The Jetsons, the candy-coloured cartoon family, came on TV screens in the 1960s, they presented a utopian world powered by technology. From humanoids, holograms, smartwatches and phones, to video chat, drones and 3D printed food, they used things that were straight from a science fiction novel. Now, these things have become an everyday reality, and countries are trying to utilize them to create a smart world. “Smart”, however, doesn’t mean just installing digital interfaces in traditional infrastructure. Building smart cities, in fact, start with people, not technology. It means using…

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Citroen partners with Axis Bank for auto finance in India

New Delhi: French automaker Citroen on Wednesday has entered into a white-label arrangement with Axis Bank, as a preferred Banking partner, to introduce Citroen Finance in India. Citroen Finance will provide retail finance and mobility solutions including value added products to its customers and customised credit solutions to its dealers in India, the company said in a statement. Roland Bouchara, Senior Vice President Sales and Marketing, Citroen India said, “This partnership with Axis Bank is in line with our commitment towards providing the best experience to our customers not only at our dealer showrooms but…

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Indiabulls Housing Finance share price falls 38% on concerns over merger with Lakshmi Vilas Bank

The share price of Indiabulls Housing Finance Ltd (IBHFL) crashed nearly 38% intraday to hit a fresh 52-week low today after Reserve Bank of India put private sector lender Lakshmi Vilas Bank under its prompt corrective action (PCA) plan. The development places the prospects of their prolonged merger into jeopardy. Indiabulls Housing Finance stock opened today with a loss of 6.79% to Rs 363, also its day’s high. Later, the stock crashed 37.8% and touched an intraday low as well as fresh 52-week low of Rs 240.10, against the last…

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SBI Life signs corporate agency pact with Repco Home Finance

Private sector SBI Life Insurance on September 24 said it has signed a corporate agency agreement with city-based Repco Home Finance Ltd to offer the company’s range of products to RHFL customers. According to the agreement, the partnership would see over 148 branches and 27 satellite centres of RHFL spread across the country to offer SBI Life Insurance products to its customers. “The longevity associated with life insurance demands a very high level of consumer trust, which is built with tie-ups with highly credible distribution partners. This tie-up with Repco…

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Connecting With Technology Mentors: 10 Effective Methods For Young Professionals

Technology is evolving at an unprecedented rate. Newcomers to the industry may find themselves facing a slew of challenges and trends they couldn’t have predicted during their time in school. Having an experienced tech veteran by their side to show them the ropes and help them adapt can make all the difference in their career success. As experienced tech professionals, the members of Forbes Technology Council understand how beneficial mentorships can be in this ever-changing field. To help you facilitate connections between your young employees and industry mentors, our panel of experts…

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15th Finance Commission holds meeting with Rajasthan bodies, industry

The 15th Finance Commission on Sunday held meetings with representatives of Rajasthan’s Panchayati Raj institutions, urban development bodies, trade and industry, and economists as part of its consultation process for making recommendations for the 2020-25 period. According to an official release, the commission headed by chairman NK Singh along with its members and senior officials met with the representatives of Rajasthan Panchayati Raj institutions (PRIs). The Commission expressed concern over issues pertaining to accounting of PRIs, including accountability mechanism and financial reporting of the Panchayati Raj Institutions in the State…

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Prince Harry Announces Massive Travel Sustainability Project with Key Partners of Industry

New York: The eco-minded Prince Harry is embarking on a massive travel sustainability initiative in partnership with key travel providers. They aim to improve the practices of the global industry amid an ever-increasing number of travelers. The Duke of Sussex picked Amsterdam, a city hit hard by over-tourism, to announce Travalyst at a news conference Tuesday with his partners, Booking.com; TripAdvisor; Visa; China’s largest travel company, Ctrip; and the Ctrip-owned fare aggregator Skyscanner. The long-term initiative is focused on tackling the travel industry’s impact on climate change, improving wildlife conservation,…

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Family finance: Salaried Krishna needs to align investments with goals

P. Vamsee Krishna, 37 years, stays with his homemaker wife and two children, aged 10 and eight, in his own house, in Hyderabad. He is a software engineer, who brings in a salary of Rs 1.05 lakh a month. Besides his own house, for which he has taken a home loan and a top-up loan, he also has a plot of land. He is servicing the home loan and a gold loan with EMIs of Rs 19,200. His goalsinclude building an emergency corpus, saving for kids’ education and weddings, retirement, and…

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Ticketmaster put an end to screenshots with new digital ticket technology

Ticketmaster is turning to new technology to help fight ticket fraud. The ticketing giant today unveiled its next-generation digital tickets, “Safetix,” which are tied to the ticket holder’s mobile device through an encrypted barcode that automatically refreshes every few seconds. The tickets will also support NFC technology, allowing fans to enter venues through a “tap and go” experience. The company says ticket holders will later this year be able to add their contactless ticket to Apple Wallet, so they can enter a venue with their iPhone or Apple Watch. This…

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Prudential Singapore seeks collaboration with technology companies to chart the future of insurance

In a world that is seeing game-changing disruptions across geographies and sectors, Singapore has positioned itself as a centre of innovation. Much like India, the financial services industry in Singapore is also undergoing transformation. Today, the digital wave is changing the way we work. Several organisations in Singapore like Visa, PayPal, KPMG, DBS and more are working with technology companies to deal with the digital disruption. Prudential: Bridging scale-ups globally to enter the Singapore market Prudential, one of Singapore’s leading and longest-standing life insurers, is riding this transformation wave –…

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