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GMA signs MoU with CIBA

PANAJI: With an aim to promote startups in the state, the Goa Management Association (GMA) signed a MoU with the Centre for Incubation and Business Acceleration (CIBA), Assagao, recently. “CIBA is been a cradle for startups in Goa. As an association of management professionals it is a great synergy for us to handhold startups and help them with ideas,” said Harshvardhan Bhatkuly, chairman, GMA. He said that, GMA would also engage with the Goan startup community at management related events and help them look at the business side more seriously.” Rev Fr Anthony Castello, director, CIBA, said, “We have a very strong talent pool of tech startups in Goa. We want these startups to engage with the industry. They should imbibe new ideas and be industry ready in quick time.” he said. The signing of the MoU was held in the presence of Amin Ladak,  vice chairman and Anup Prabhu Verlekar, honorary secretary, Amey Karmali, CEO and Samay Shetti, community manager), CIBA. NT

Flipkart, Axis Bank launch co-branded credit card

New Delhi: E-commerce marketplace Flipkart and Axis Bank have partnered to launch an exclusive co-branded credit card, powered by Mastercard which offers customers best-in-class benefits and unlimited cashback on all spends, online and offline. This partnership is the latest effort from Flipkart, Axis Bank, and Mastercard to improve access to credit and further expand the fast developing credit card ecosystem in India. The Flipkart-Axis Bank Credit Card is designed to cater to both credit-worthy Indians, as well as sections of the population who have not accessed formal credit before, through Axis Bank and Flipkart’s extensive pan-India network and distribution reach, and Mastercard’s market leadership in co-brand card programs and payment technology. UNI

BSNL begins land monetisation, fair valuation at Rs 20,000 cr

NEW DELHI: Public sector Bharat Sanchar Nigam Ltd (BSNL) is in the process identifying land parcels all over the country for monetisation, which as per its internal estimate is valued at Rs 20,000 crore in 2018-19. The state-run telecom major’s corporate office has circulated a list of land parcels which are proposed for monetisation through the Department of Investment and Public Asset Management (DIPAM) in the first instance.  Time-bound monetisation of land assets, mobile towers and fibre networks will help BSNL earn some money in these tough times of falling revenues and rising losses. “The total area of land parcels, which are spread across the country and have in-built structures, buildings and factories, is 32.77 lakh square metres (sq m) and the spareable land parcel is 31.97 lakh sq m,” said an earlier BSNL corporate office letter to its circles seeking their comments. IANS

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