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Daily Archives: February 17, 2019

Why blockchain has caught the fancy of IIT-B

On 4 June 2018, the Indian Institute of Technology, Bombay (IIT-B), signed an agreement with US-based Ripple Labs Inc., to create a centre of excellence to support academic research, technical development and innovation in blockchain, cryptocurrency and digital payments. IIT-B, thus, became one of the 17 universities across the world to benefit from the $ 50-million Ripple fund for its ...

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Didi plans Chile, Peru, and Colombia launches to take on Uber

(Reuters) — Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some of Latin America’s fastest-growing markets, recruiting managers in Chile, Peru and Colombia, according to job postings and a company official. Didi has moved senior executives from China to lead its expansion in markets like Chile and Peru, and began in recent weeks advertising ...

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Bangladesh Bank approves 3 more pvt banks

Bangladesh Bank has approved licenses of three more banks at a time when the country’s banking sector is reeling under mismanagement. The licensees are- Bengal Bank, People’s Bank and Citizen Bank. The decision for approval of the licenses of the three banks came at a board meeting held yesterday at central bank headquarters in Motijheel, Dhaka. The new banks will ...

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