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New arrivals

Updated: November 29th, 2017, 00:34 IST
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Amazon special store for women entrepreneurs

Mumbai: American online retailer Amazon has launched a new programme — Amazon Saheli — aimed at empowering and enabling women entrepreneurs across the country to sell their products on its marketplace. Amazon India has collaborated with organisations that it works with towards encouraging women entrepreneurship, including Sewa (Self-employed Women’s Association) and Impulse Social Enterprise. Women entrepreneurs associated with these partner organisations will be able to offer their products to Amazon.in customers through a dedicated storefront, ‘the Saheli Store’, Amazon said in a statement Tuesday. “As a part of our commitment to transform how India buys and sells by enabling small entrepreneurs to scale up, we have now focused on the challenges faced by women entrepreneurs here to gain visibility and access to resources,” Gopal Pillai, director and general manager, seller services, at Amazon India was quoted as saying in a statement.

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IIFL’s Dhankibaat to help investors create wealth

New Delhi: IIFL Group has launched a financial knowledge portal www.dhankibaat.co.in which will help investors learn about the nuances of wealth creation through various available and safe investment opportunities. The website www.dhankibaat.co.in would explain multiple ways to create wealth through simple videos, text and expert reply option, a company statement said Tuesday. It would explain products and investment options like mutual fund, systematic investment plan, liquid fund, insurance products, loans, mortgages, alternative investments, among others. “Our mission is to bring financial freedom to each Indian. IIFL aims to align its financial knowledge initiative ‘DhanKiBaat’ with the government’s successful Jan Dhan– Aadhaar-Mobile (JAM) achievements,” said Nirmal Jain, Chairman, IIFL Group. Viewers can also post their questions on www.dhankibaat.co.in and experts would provide answers. Any service provided through Dhan Ki Baat is absolutely free of cost and does not need anyone to buy any product, it added.

Badri Narain Sharma anti-profiteering body chief

New Delhi: Senior bureaucrat Badri Narain Sharma was Tuesday appointed chairman of the national anti-profiteering authority under the GST regime, according to an official order. Sharma, a 1985 batch IAS officer of Rajasthan cadre, is at present additional secretary in the department of revenue. The Appointments Committee of the Cabinet has approved his appointment to the post in the rank and pay of secretary to the government of India, the order by the ministry of personnel said. The Union Cabinet had November 16 approved setting up of the five-member authority, mandated to ensure that the benefits of GST rate reduction is passed on to consumers. As per the structure of the anti-profiteering mechanism in the GST regime, complaints of local nature will be first sent to the state-level screening committee, while those of national level will be marked for the standing committee. If the complaints have merit, the respective committees would refer the cases for further investigation to the Directorate General of Safeguards. The DG Safeguards would generally take about three months to complete the investigation and send the report to the anti-profiteering authority.

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