The Times group was on the verge of launching e-wallet. It would have been convenient, but the rules are not clear and so the RBI has stopped it

One of India’s most aggressive media groups, Times of India, was planning to launch India’s first electronic wallet (e-wallet). In an extremely alert move, for which it deserves credit, the Reserve Bank of India has asked it to ‘desist’ from offering...

Large pools of long-term money from pension funds, sector-specific funds and private wealth are ready to get invested in India’s real estate sector

Over a short but intense period of three weeks, I had the opportunity to meet over 80 fund managers, focused on real estate, spread across Asia, Middle East, Europe and the UK. All these fund managers are already invested in the property sector...