N R Narayana Murthy has stepped down as chairman of the National Payments Corporation of India (NPCI), reports Times of India. The move comes after Murthy took charge as executive chairman of Infosys in June 2013. The NPCI board will be appointing a new executive chairman on September 23 when it meets, according to the report.
NPCI works as a hub for all electronic retail payment systems including ATMs. In June 2013, it had launched an e-commerce solution called ‘RuPay PaySecure’.
Besides this, MapmyIndia has also partnered with HP to include the app in HP Picks, which is exclusively available for Windows 8 devices by HP. The deal period or the terms of the partnership have not been disclosed.
Rediff.com has launched a mobile app called Rediff Shopping enabling users to check prices of a product by scanning the barcode and making a purchase separately. The app currently supports goods in categories such as books, apparel, accessories & bags, mobile phone, sports & fitness equipment, camera, toys, computer & peripherals, among others.
New Delhi based E-tailing site edabba.com, owned by Omnipresent Retail Pvt Ltd has raised Rs 4.5 cr from C Cube Angels, a Singapore based angel firm, reports NextBigWhat. The funds raised will be used to expand its operations in more Indian cities. Previously, the company had raised $1 million in a series-A funding round.
Unlike other eCommerce sites, edabba.com intends to make e-commerce inclusive by setting up physical contact points in ‘trusted’ established local stores in B and C class cities with a hybrid model – ‘brick & click’. It ties up with various offline retailers on the website and uses their infrastructure and reach to sell products and services. Currently, edabba operates in Uttarpradesh, Andhra Pradesh, Kerala, Orissa, Delhi, Uttarakhand, Rajasthan, Bihar, Goa, among others and has 416 trust points.
Jet Airways, an Indian airline company, has launched its Android app, which can be downloaded from the Google Play Store, reports AndroidOS. The app allows users to search & book flights, access the JetPrivilege Loyalty Programme, check flight status, and get flight notification.
According to the publication, many features such as web checkin are not currently working on the app, which we believe is the single most useful feature after search & book flight.