Paytm aims to become the world's largest digital bank with 50 lakh accounts and an investment of $500 million. Softbank is offering to buy Uber shares at a 30% discount to Uber's $69 billion valuation in an attempt to buy more than $6 billion in shares and value Uber at $48 billion. Gender equality is key to a country's GDP growth according to John T Chambers, as empowering women and removing barriers for female entrepreneurs creates economic opportunities.

1. BUSINESS NEWS
29-11-2017

2. BUSINESS NEWS HEADLINES
 Paytm aims to make e-bank no. 1 in digital space globally .
 Softbank offers to buy UBER shares at 30% Discount.
 Gender equality key to GDP growth.
 Customer care rests on your last FB post.
 TCS eyes schools for digital-exam biz boost.

3. PAYTM AIMS TO MAKE E-BANK NO. 1 IN DIGITAL SPACE GLOBALLY .
 Paytm payments Bank aims to become the world’s largest digital bank with 50
Lakh account.
 The mobile-first bank has planned an investment of $500 million is know your
customer operations
 On Tuesday, it was formally launched in the capital by PAYTM founder and
CEO Vijay Shekher Sharma
 Paytm payments bank will provide zero balance accounts and zero digital
transactions charges to its users, who will able to withdraw cash from any
ATM.

4. SOFTBANK OFFERS TO BUY UBER SHARES AT 30% DISCOUNT.
 Softbank group and a group of investors are trying to buy a stake in UBER technologies at a
sizeable discount to the company's %69 billion valuation, seeking to clinch what would be
one of the largest purchases of stock in a private company.
 Softbank and partners including investment firms Dragoneer Investment Group and General
Atlantic, are offering to spend more than $6 billion for a stake that would value the ride-
hailing company at $48 billion, or about 30% lower than the valuation it fetched in its most
recent round of fundraising, according to people familiar with the deal.
 Locking in the investment from Japan’s Softbank has been a top priority for new Uber CEO
Dara Khosrowshahi, who sees the deal as a chance to close ift and land a powerful new ally

5. GENDER EQUALITY KEY TO GDP GROWTH.
 Equal representation of men and women in all business is the key
to a country's GDP growth, John T Chambers, chairman of IT giant
CISCO, said on Tuesday, underlining gender inequality as a
pressing ,” moral and social issue”.
 Chambers, who also helms the US-India strategic partnership
forum (USISPF) as chainman said, “ there is an incredible
opportunity for us if we empower women, promote their inclusion
across all industries and remove barriers for female entrepreneurs.

6. CUSTOMER CARE RESTS ON YOUR LAST FB POST.
 Whether you’re put on hold or attended to
immediately by customer service staff could depend
on your last tweet, Facebook post or Instagram
picture,
 Companies are looking at what customers post on
social media to determine their mood, and treat
them accordingly.

7. TCS EYES SCHOOLS FOR DIGITAL-EXAM BIZ BOOST.
 With an aim to boost its digital assessment business in the long term, it major TCS plans to reach out to
schools now.
 Currently, TCS ION the digital assessment business arm with 180 exam centres spread over 150 cities,
offers services for more than 80% of the total fraud-proof and fast digital assessment in India
 It has 300 plus clients like IIMs, IITs, AIIMs, advanced Jee, GATE, B-Schools, banking, Law, Government
and rail recruitment boards.