Daily GK Update – April 21st, 2015

ICICI launches “Tap-n-Pay”

ICICI Bank has launched Near-Field Communications(NFC) enabled payment service called “Tap-n-Pay” in collaboration with Tech Mahindra.

Lupin launches its first brand medicine in Canada

The Canadian arm of the Indian pharmaceuticals firm Lupin launched Zaxine under a strategic licensing agreement with US based Salix Pharmaceuticals Inc.

MTR to enter e-commerce space

Ready-to-eat food manufacturer MTR foods plans to open its e-commerce portal by the 3rd quarter of the current Fiscal year.

MNP to be delayed by 8 weeks

Nationwide Mobile number portability(MNP) will take an additional eight weeks to implement after Department of Telecommunications has asked operators to make some technical changes. The service that was to launch in early May will now be available in July.

Investments via Participatory Notes surges to highest level in 7 years

Investments into Indian markets through Participatory Notes(P-Notes) surged to $43 billion in March 2015, the highest in nearly 7 years.