Consumer Issues
ICICI Bank launches tap and pay service with Tech Mahindra
The ‘tap-n-pay’ service by ICICI Bank offer users to make quick and safe payments like buying meal coupons at canteens with a tap of their mobile phone or the NFC tag
 
ICICI Bank, India’s largest private sector bank, has launched a contactless payment service 'tap and pay' that allows users to pay using near field communications (NFC) enabled tag and mobile phone at merchant outlets.
 
'Tap n Pay' is a prepaid account, which can be availed by customers of any bank by simply registering for it and transferring money online from any bank account. ICICI Bank customers can also transfer money to the Tap-n-Pay account through an SMS. While opening an account is free, the user has to pay for the NFC tag.
 
"This initiative will offer a new, differentiated digital solution to replace cash for regular and small value payments made over the counter in large campuses. We believe that this service will offer users an unparalleled experience of making quick and safe payments like buying meal coupons at canteens with just a tap of their mobile phone or the NFC tag. Its usability is wide as it allows customer of any bank to register for 'Tap-n-Pay' with no documentation or branch visit. It will additionally ease the day-to-day hassle of cash handling and currency change for merchants too," says Rajiv Sabharwal, Executive Director, ICICI Bank.
 
Based on the NFC technology, the 'Tap-n-Pay' payment service enables anyone (account holder of ICICI Bank or not) to make over-the-counter payments without using cash. It allows users to just tap the NFC enabled tag or mobile phone at the merchant’s point-of-sale device to make payments, ICICI Bank said in a statement.
 
The bank has started to offer these solutions at large campuses of corporate offices. ICICI Bank and Tech Mahindra have plans to extend this service across the country, the statement says.
 
Once an organisation has enrolled for the service, its employee needs to register online with their details to use the facility and collect the NFC tag from the kiosk set up for this purpose.
 

User

Bhushan slams AAP leaders, questions disciplinary action

The Aam Aadmi Party was quick to reject the charges as "baseless"

 

AAP dissident leader Prashant Bhushan on Monday targeted the party's general secretary Pankaj Gupta by accusing him of accepting Rs.2 crore donation from shell companies without the approval of the party's top decision-making panel.
 
Replying to Aam Aadmi Party's (AAP) show cause notice for holding "anti-party" meeting in Gurgaon last week, Bhushan reiterated that the AAP's actions were reminiscent of Stalinist purges, where in the early years after the Soviet Revolution Stalin's acolytes were both the accusers and judges of the dissidents both in the party and the government. 
 
He charged another leader, Ashish Khetan, with writing a planted story in a national magazine defending a telecom company, allegedly involved in 2G spectrum scam.
 
"You (Gupta) know that there have been serious charges against you, including the acceptance of donation of Rs.2 crore from shell companies, without taking the approval of the PAC as required by the party's rule," Bhushan said in his reply addressed to Gupta.
 
"Ashish Khetan, a member of the disciplinary committee, has been accused of writing (as a journalist) a planted story in a national magazine in defence of the Essar company, which was charge sheeted by CBI in the 2G case," he said in the response to the show-cause notice.
 
The Aam Aadmi Party was quick to reject the charges as "baseless".
 
"These allegations are baseless. The rebels have disrespected the Political Affairs Committee and the National Executive of the party. Disciplinary Committee will take any action against the rebels. They were asked to reply to the party but they are answering to the media," AAP's spokesperson Ashutosh said.
 
In his four-page reply, Bhushan lamented that while these matters should have been referred to AAP Lokpal Admiral Ramdas but he himself was removed from the post.
 
The party recently issued a showcause notice to Bhushan and Yogendra Yadav for holding anti-party meeting in Gurgaon last week. The duo was expelled from the AAP's key decision--making bodies for "sabotaging the party".
 
Bhushan said that "expressing a different opinion cannot be treated as a violation of the code of conduct".
 
"Mere expression of a difference of opinion should not be considered as violation of the code of conduct unless it violates the objectives of the party. You now want to become judges of your own cause," he said.
 
"It is indeed remarkable and ironic that you along with Ashish Khetan and Dinesh Vaghela have sent this notice to us, styling yourself as the 'National Disciplinary Committee'. I am not aware as to who has constituted this as the National Disciplinary Committee and when and how this was done," he wrote.
 

User

Young Bengal cricketer dies after on-field collision

The 20-year-old East Bengal player was injured and fell unconscious on the ground on Friday following a collision with another fielder while taking a catch during a Cricket Association of Bengal (CAB) senior knockout match against Bhowanipore

 

Promising cricketer and former Bengal Under-19 captain Ankit Kesri, who sustained a head injury in an on-field collision during a local game three days back, died at a private hospital here on Monday morning. The bereaved family alleged "medical negligence".
 
The 20-year-old East Bengal player was injured and fell unconscious on the ground on Friday following a collision with another fielder while taking a catch during a Cricket Association of Bengal (CAB) senior knockout match against Bhowanipore.
 
The opening batsman, who was also a member of the Under-23 Bengal squad this year, passed away Monday morning following a massive heart attack, a CAB official said.
 
CAB treasurer Biswarup Dey said soon after the collision, Kesri was given mouth-to-mouth resuscitation by another cricketer, S.S. Singh, and then examined by a doctor before being rushed to a hospital close to the ground in an ambulance stationed at the Jadavpur University stadium.
 
Ankit's father Raj Kumar Kesri alleged his son had to be shifted to a private city hospital in central Kolkata on Sunday following the instructions given by a CAB official.
 
"On Friday, tests and scans were done initially and the doctors said he is fine. We were told he is normal and he will be transferred to the general ward from the ICU. But later they said, he had contracted fever and so they didn't shift him to the general ward," Ankit's father told a TV channel on Monday.
 
"We shifted him to another hospital after the doctors said CAB officials had suggested so."
 
"At the other hospital, doctors said there is a slight injury and he is drowsy. They said he will remain there for three to four days. On Sunday, they informed us he will be shifted to the general ward but we got a phone call early morning today saying there was a heart block," he added.
 
Raj Kumar also alleged medical negligence for his son's tragic demise.
 
"If the treatment was good, then he could have been saved. He was playing well. He did not have any bad habits," the grieving father said.
 
West Bengal Chief Minister Mamata Banerjee condoled Kesri's death.
 
"Saddened, shocked with the news of young cricketer Ankit's death as a result of an on-field accident. My condolences and prayers. RIP," Banerjee posted on Twitter.
 
Kesri's tragic fate invoked the memories of the unfortunate death of Australian cricketer Phillip Hughes who was fatally hit by a bouncer during a domestic match on November 25 last year, and died from the injuries two days later.
 
Former India cricketer Raman Lamba also died in a similar way, from injuries sustained during a cricket match. He was hit by a ball on the temple while fielding in a Bangladesh league cricket match and died after slipping into coma due to internal haemorrhage on February 23, 1998.
 
Indian cricket legends Sachin Tendulkar and Anil Kumble condoled the death of Kesri.
 
"Saddened by the demise of Ankit Kesri. A promising career aborted by an unfortunate incident on field. May God give strength to Ankit's family and friends to cope with this loss #RIP," Tendulkar wrote on his social networking page Twitter.
 
"Sad news of a young promising cricketer Ankit losing his life on field of play. May God give strength to loved ones to bear this loss!," Kumble wrote.
 
Bollywood superstar Shah Rukh Khan, who is West Bengal's brand ambassador and co-owner of Indian Premier League (IPL) team Kolkata Knight Riders, also expressed his grief.
 
"Too young to go. Extremely unfortunate and sad. Condolences and prayers for Ankit Keshri and his family. May Allah bless his soul. R.I.P," SRK said via Twitter.
 
"RIP Ankit Keshri. Young cricketer passes away because of cardiac arrest following on-field injury," the Board of Control for Cricket in India (BCCI) tweet said.

 

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)