Tag: India
The GAAFers
BRIC, MAVINS and PIIGS Back in 2003 the acronym BRIC was used by Goldman Sachs when talking about the economies of Brazil, Russia, India and China combined. The report speculated that by 2050 these four economies would be wealthier than most of the current major economic powers. In 2010, the Business Insider used the acronym…
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M-payments set to take off in India
M-payments set to take off in India as mobile penetration reaches 100% The booming retail market with annual transactions worth 410 billion dollars (about Rs 1,850,000 crore) and nearly 100 per cent mobile penetration make phones a perfect medium for payments, apex chamber ASSOCHAM said today. The full story: M-payments set to take off in India…
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Buy your Levi jeans on credit
Levi Strauss & Co has decided to offer credit to people wanting to buy a pair of its famous blue jeans in India. “Levi’s is an extremely aspirational life-style brand in India. A large portion of our consumers would love to access Levi’s more frequently than they currently do,” said Shumone Chatterjee, managing director of Levi…
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