17th December, Remit2India offers convenient way to remit funds for customers in UK.
TimesofMoney, India's leading digital payment service provider, is now extending the 'NetBanking Transfers' offering to its existing and new customers in the United Kingdom from its brand Remit2India (R2I). This is in line with the company's focus of introducing many 'Industry Firsts' so as to achieve excellence in the remittances sphere. After the successful launch of this offering in Germany in June 2009, it is now being provided to TimesofMoney customers in the UK.
This new 'NetBanking Transfers' product offering enables R2I customers to directly remit the amount from his/her bank account to their desired bank account in India without exiting his current Remit2India interface and can complete the transaction in a single flow. NetBanking Transfers is a TUV certified sending option wherein the confidential customer information is not shared nor stored anywhere. This process is seamless and provides confirmation on a real time basis.
Elaborating on this new product offering for its UK customers, Mr. Avijit Nanda, President TimesofMoney said, "Through the 'Net Banking Transfer' service, we are providing our UK based NRI customers a convenient, hassle free and secure choice compared to traditional wire transfers, cheques and other remittance services. This service is in line with our commitment to provide our customers innovative services as we continue to strive for constant service improvement in the global remittance market. We invite the UK based NRIs to experience this cost-effective, seamless service platform."
Remit2India, a flagship brand of TimesofMoney, facilitates money transfers to India for NRIs from around the world. It has been adjudged as the 'World's Number One Independent Online Money Transfer Portal for NRIs' by AC Nielsen ORG Marg.
6th Nov, TimesofMoney wins award for Brand Excellence in Internet Business.
November 06, 2009, Mumbai: TimesofMoney, a global leader in digital payments, has won the award for Brand Excellence in Internet Business. It was given yesterday at a ceremony at the World Brand Congress, at Taj Lands End, Mumbai.
The innovation award is meant to recognize brand names that are associated with being prolific innovators, wherein the first association with a brand name is that of the element of innovation. With the current year's theme of 'Brands - Recharge, Innovate, Re-engage in Today's Times' at the Congress, TimeofMoney's award in this innovation category becomes even more significant.
Said Mr. Avijit Nanda, President, TimesofMoney, "We at TimesofMoney have always been strong advocates of innovation in the online payment space. We strongly believe in transforming and enriching the overall experience of the customers while delivering value. This recognition of our contribution in the space of digital payments has made us proud and will inspire us to better our offerings in days to come."
The World Brand Congress is the single largest rendezvous of the best brains behind some of the most successful and sought after brands globally. Over 500 marketers and brand custodians from world renowned organizations of every sector and continent gather each year for the Congress. It is represented by 60 countries from across different parts of the world and was being hosted this year at Mumbai on 4th and 5th November 2009 at Taj Lands End.
26th August, Times Of India, BS, ET, DirecPay joins hands with PayMate.
DirecPay, the bank neutral payments aggregator service from TimesofMoney, has joined hands with PayMate, Mumbai-based wireless transactions company, to provide an extended payment facility to its merchants across India. This will be in addition to its existing bouquet of payments modes like credit cards, debit cards and Net Banking, which DirecPay offers through 20 banks.
With this arrangement, DirecPay aims to aggregate all possible payment options under one single umbrella for merchants and give them a single interface for receiving payments in a secure, convenient and a cost-effective manner using the best of technology and providing excellent support at all times. It enables secure electronic payments between people & businesses easily and instantly.
PayMate's hybrid SMS & IVR based solution lets the user link his mobile phone to any financial instrument of his choice like Bank Accounts, Credit Cards or Pre-paid Mobile Vouchers (GiftMate). At the time of PayMate registration or buying a GiftMate voucher, customers can choose a 4-digit PIN to authorize all future transactions.
Speaking on this occasion, Mr.Avijit Nanda, President of TimesofMoney said, "Payments over mobile are secure because robust authentication is used to ensure high quality standards. The convenience of paying over the mobile brings more customers into the considered set of e-commerce users. The propagation of the mobile device in our country is among the highest in the world at 35% and growing. Thus, this is a very big set of customers that becomes eligible to buy, sell and transact by enabling their device with payment options."
Mr. Ajay Adiseshann, Founder & MD, PayMate said "---Mr. Ajay Adiseshann, Founder & MD, PayMate said "The marriage of online commerce with the mobile presents a great opportunity for stakeholders and end customers. The mobile device could be the perfect catalyst for e-commerce in India. We have more innovations to follow for added customer convenience and security."
6th August, TimesofMoney Ties up with Citibank.
MUMBAI: Timesofmoney, India's leading payment solution provider and global banking giant Citibank, have entered into a strategic tie-up to launch a new remittance corridor.
The bank will use TimesofMoney's transaction processing capability to offer end-to-end online money transfer for NRIs in Singapore. This alliance further strengthen the relationship between the two corporates, as it marks the second global remittance corridor set up after the same was launched for the US.
Citibank can now offer a seamless, secure and quick money transfer service to its customers, wherein they can directly transfer money from bank account to the receivers account in India.
Avijit Nanda, president of TimesofMoney said: "We are delighted to extend our partnership with Citibank and believe that this association will go a long way to strengthen our relationship and help us set new industry benchmark. Our capability, industry expertise and understanding of the remittance market helped us gain credibility and win confidence. We endeavour to constantly support the banking industry through our technology solutions and expertise to enable them to provide remittance services to their international and domestic customers."
23rd July,Window2India launches Rakhi2India exclusive 'Online Gift Store' for the festive season
Window2India, an engaging NRI services portal, adds a digital touch to the Raksha Bandhan festival this season with Rakhi2India, an exclusive and first of its kind online gifting catalogue. Through the Rakhi2India gift store customers in India can purchase and send gifts to USA and similarly NRIs worldwide can send rakhi gifts to India via Window2india's robust delivery channel.
Rakhi2India gifting catalogue is furnished with an assorted range of Rakhi's and unique gifting options. Keeping up with the trend the Zoozoo Rakhi, Jumping Hanuman Rakhi and cartoon character Rakhis are popular along with the more traditional variety. Rakhi thalis with mithai, gift baskets & hampers are the popular choices amongst customers. The Toblerone Rakhi hamper along with other chocolate theme based Rakhi gifts on offer, as a part of the limited edition catalogue, is a hit with the customers.
Window2India launches Rakhi2India Online Gift Store - Free shipping on select Rakhi gifts and hampers to & from India to USA
- HDFC customers can avail discounts up to 31%
- Remit2India customers get up to Rs.300 discount on all Rakhi gifts
- Highlight of the month - photo rakhis and photo chocolates
- W2I joins hands with Aesthika Designs, reputed for their miniature Rakhi collection across India
Avijit Nanda, President, TimesofMoney, the parent brand of Window2india, says "We have always strived to bring NRIs and their families a little closer through our initiatives and offers. The end goal for us is to be a part of the Raksha Bandhan festival with our customers and share the joy with everyone. We are confident that our compelling offers will give great value to our customers and ensure repeat visit"
Rakhi gifts to USA include Rakhi thalis, sweets, hampers, dry fruits, along with a wide selection off Rakhi threads and festive cards. For the Rakhi season, shipping is absolutely free on select Raksha Bandhan gifts to USA making them extremely cost effective and an attractive gifting option.
Rakhi2India gift store is an extension of SEVEN contest conducted in July 09 first week, with a promise to participants of showcasing an exclusive store where the gift vouchers won by them could be redeemed. The SEVEN contest received unprecedented response form consumers with over 16,800 participants in seven days and prizes worth Rs. 1.2 Lakh were won.
Mumbai: Window2India.com, an
engaging NRI services portal, launches SEVEN, a
unique ‘7 day, 7 questions, 237 prizes’ contest for Indian
& NRI audience. By entering the SEVEN contest consumers
get a chance to win exiting prizes like 2GB Apple iPod, Sony
cybershot camera, Philips DVD player along with a host of
other goodies such as gift vouchers & 30 minute calling
cards. Window2India SEVEN is an online daily quiz based
contest where consumers can take a simple multiple-choice
trivia quiz with options to guess. A Window2India gift voucher worth Rs.100 is assured on the right answer
along with 30 consolation prizes & a ‘Bumper Prize’
daily. End users can come back and take the quiz the next
day, if they missed a chance to win via sweepstakes. Daily
‘Bumper Prize’ includes a 2GB Apple iPod Nano, Sony
cybershot camera, Phillips DVD Player, Kenstar Grill
Microwave, Rs. 1500 Window2India gift voucher, all new
Samsung Star Mobile & dinner set. Also, 30 consolation
prizes will be announced daily which are 15 Big Bazaar or
Window2India gift vouchers worth Rs. 500 and 15 calling
cards worth 30 minute talk time. Avijit Nanda, President,
TimesofMoney, says "Window2india SEVEN is a unique
opportunity for NRI internet users to win exciting prizes in
an innovative format which gives ample scope for everyone to
win. This is a first of many consumer driven initiatives
from TimesofMoney which are geared to engage & connect
with our core consumers." The contest winners will be
intimated on contact details shared while taking the quiz
and also their names will be displayed on the website. NRI’s
get a chance to send gifts for free as they can send the
prizes won by them to their family & friends In India.
Prizes won by users will be distributed in India only.
Window2India SEVEN contest will be held over seven days,
from July 1 2009 to July 7 2009. Click here to enter the
Window2India SEVEN contest. For more details log on to www.window2india.com
16th June, Equity Bulls, Remit2India
launches T20 Challenge for NRI's
Get a chance to win up to 600 USD daily
Mumbai June 16, 2009: Remit2India, world's no 1
independent online money transfer service, launches the T20
Challenge for NRI's. The Remit2India T20 Challenge is
a sweepstakes offer where the consumers have a chance to win
USD 600 daily by entering the T20 Challenge hosted on
Remit2India website www.remit2india.com Remit2India T20
Challenge is an exciting initiative targeted at NRI T20
cricket fans based in US. Customers can enter the content by
remitting USD 1000 to their beneficiaries in India from the
Remit2India website and cash in on their cricket knowledge
by answering a simple quiz on T20 cricket. Amongst the
correct entries by Remit2India users, a daily sweepstake
prize of Rs. 10000 will be announced & added to the
remitters account. Also based on random selection, 40 daily
cash prizes Rs. 400 & Rs. 600 will be announced amongst
the correct entries & added to the remitted sum to the
beneficiaries. The big ticket Rs.10000 winners will be
informed via email provided at the time of registration and
the 40 prize winners for Rs.400 & Rs.600 will be
informed by an automated response on participating &
submitting the quiz everyday. Through the contest, over 1200
winners and cash prizes worth Rs. 9 Lakhs will be announced.
First time users can enter the contest by logging in at www.remit2india.com. The Remit2India T20 Challenge
ends on July 10 2009.
18th May, Economic Times,
Remit2India Celebrates Summer Carnival
Remit2India has come out with a
unique offering ‘Remit2India Summer Carnival’ which
commenced from May 8, 2009 and would conclude on June 5,
2009. The Remit2India Summer Carnivalis a sweepstakes
offer whereby customers can win DVD players, MP4 players,
vacuum cleaners, food processors, mobile phones and much
more on a daily basis. They will also be eligible for a
weekly bumper prize of LCD television set. ‘Remit2India
Summer Carnival’ is a bonanza for all customers who are
transacting for the first time through Remit2India as they
will be given an additional assured $5 on their remittances
apart from being eligible for the Summer Carnival
sweepstakes. Summer Carnival is an opportunity for the
existing users as well as those who would be registering for
the first time to win fabulous prizes every day. In order to
avail the opportunity of winning the prices the registered
users have to log on to www.remit2india.comwith their
login details and transfer a minimum amount of 3000 i.e.
3000 USD, 3000 GBP, 3000 AUD etc. The offer is open for the
new users also. The new users to Remit2India’sservices have to register on
www.remit2india.com and transfer a minimum of USD 3000 (or
their equivalent currency) to their beneficiary in India to
be eligible for this offer. The winners will be intimated
via email provided by the user at the time of registration.
The prizes will be sent to the beneficiary of the remitter
(winner) in India.
28th April, Business Standard,
ET,Remit2India launches a new referral program
Remit2India, India’s leading online
money transfer service, in an attempt to further
strengthen the relationship with its customers has launched
MOR ‘Money on Referral’ , a ‘member get member’ program that
gives an opportunity to the existing Remit2India customers
to become the ‘Brand Advocates’ and create a brand pull. The
‘MOR’ initiative clearly highlights the customer focus
approach of the brand. This yet another ‘industry first’
from Remit2India is an effective way to ensure customer
engagement with the service. This program is for all
registered Remit2India customers. All a customer needs to do
is refer his NRI friends/relatives/acquaintances and he
stands to earn Rs. 500 for every ‘registered and transacted’
referral. There’s no limit to the number of friends one can
refer as long as they are not existing Remit2India users.
The value redeemed can be used for sending gifts or adding
cash benefit to the beneficiaries. Speaking on this
occasion, Mr.Avijit Nanda, President TimesofMoney said, "Remit2India has always pioneered the ‘Industry
first offering’. MOR is yet another customer centric
initiative, which is conceptualized as a win - win for both
the existing customers and the new customers. While it gives
our customers incredible incentives for bringing us other
high-value customers, at the same time it provides them with
an easy way to earn more. We are confident that this program
will help us create a better bond with our customers"
Remit2India is an engaging brand from TimesofMoney, which
has been present in the online payments space for over 8
years. Throughout this period it has continued to create
value for money offers for its customers. One of the most
innovative propositions from this brand is called ‘My
Exchange Rate’, whereby users are empowered with the choice
to set the exchange rate at which they want the transaction
to be booked. Remit2India connects different/diverse
geographies across the globe like United States, United
Kingdom, Australia, Singapore, Canada, U.A.E., Hong Kong,
Germany, Spain & other Euro Countries to India. It
enables remittances in 9 currencies, via U.S Dollars,
Canadian Dollars, Singapore Dollars, Pound Sterling, Euro,
Japanese Yen, Arab Emirates Dirham, Australian Dollars and
Hong Kong Dollars. MOR is a lucrative offer which allows
existing customers to earn up to Rs.500/ just by referring a
friend to use our Remit2India Service. This amount can also
be redeemed in form of gifts or sent to beneficiaries in
form of cash. For details visit:
http://test.timesofmoney.com/remittance/jsp/r2i_refer_fr ...
About Remit2India: Remit2India, the flagship brand of
TimesofMoney, is the global one stop destination for money
transfers for NRIs across the world. Remit2India.com was adjudged the "World's No. 1 Independent Online Money
Transfer Portal for NRIs"by ACNielsen ORG Marg. Remit2India
is also the winner of the Brand Leadership Award at the 17th
Asia Brand Congress, 2008. With presence in over 23
countries, 6000 locations and 16000 Banks it serves lakhs of
NRI customers. Remit2India is a noted success in the world
of web-based money transfers. Its revolutionary remittance
solution for the Indian Diaspora provides for an extensive
global coverage, aggregates diverse payments and delivery
modes and has the distinction of having the widest delivery
network in India and round the clock customer support via
e-mail, chat, SMS and a toll free help line For Further
details: Ms.Smita ChalluTimesofMoney 022-30981111 Ms.Charu DwivediAdfactors PR 022-22813565
21st April, Fresh Plaza ,Gift
Alphonso mangoes with the click of a button Relish the flavor
of the season with Window2India
As the Mango Mania sets in, Window2India
gives a reason to smile to all mango lovers! Keeping with
this sentiment Window2India has launched 'Mango First' in
association with Kay Bee Exports, India's leading integrated
fruit exporter. It provides the option of buying mangoes
online and getting them delivered at the door step without
any additional shipping or freight charges. This is the
first online retailing venture for Kay Bee
Exports.
The customer can send Alphonso Mangoes - the
choicest of the season - as a perfect gift for the entire
family. These premium mangoes are specially packed and
dispatched by courier, ensuring damage-free delivery. This
comes at no extra shipping cost. All a customer needs to do
is -select the special mango offer on Window2India.com and
submit the mandatory details.
For further details
visit the
website:
http://window2india.com/cms/Premium-Mangoes/index.html
India
is the largest producer of mangoes. It produces a mammoth
quantity of nearly 14 million metric tonnes, which comes to
half of worldwide production of mangoes. Out of this, Mango
First provides premium quality mangoes in packages of 1, 2
or 3 dozen. India has very few players in the organized
retailing space. Kay Bee exports are India's leading
integrated fruit and vegetable exporter for past 20 years.
Mango First is their first retailing venture in online
space.
From sourcing to ripening and packaging, close
attention is paid at each stage of the supply chain and high
quality standards are maintained throughout the production
process. Mango First does not use chemicals or artificial
processes to ripen the mangoes. They use innovative natural
ripening system. Specific Gravity Test is applied to weed
out the affected mangoes
-undersized/oversized/blemished/damaged/diseased mangoes are
removed at the sorting table. Mangoes are graded on the
bases of size, weight, shape and colour or as per the market
requirements Each Mango is carefully wrapped in coloured
wires for added protection. Graded mangoes are packed in
well-ventilated, sturdy boxes with appropriate labeling as
per the requirements. These mangoes are then transported to
the distribution centers through specialized vans. Further
they are gift-wrapped / re-packed into special mango gift
boxes.
An official Spokesperson from Window2India
said "We are very pleased to announce this innovative
gifting service called Mango First in association with Kay
Bee exports. The service gives NRIs an opportunity to buy
export quality Alphonso mangoes and get it delivered at
their doorstep."
Kaushal Khakhar, Director Commercial
from Mango First said "Kay Bee export has been the one of
the leading exporters of fruits and vegetables for over
20years .Our alliance with Window2India to provide Mango
First, online service for gifting mangos gives us a platform
to extend our services to NRI customers. Mango First has
given us an opportunity to service our final consumers
directly and we want to make the most of it by dedicating
our resources and best agricultural practices to delight our
customers."
18th April, Economic Times (Mumbai,
Calcutta, Hydrabad, Gujarat), Times Of India, Times Card
celebrates its first anniversary
MUMBAI: TimesofMoney celebrates the first
anniversary of Times Card (a joint initiative of Barclaycard
and TimesofMoney) with a series of fabulous offers
exclusively for its customers. The offers span popular
customer pursuits such as shopping, movies, personal
grooming, entertainment and leisure.
Times Card has
over the past year continued to unveil exciting offers for
its base of over 1, 00,000 satisfied customers. Existing
offers on the Card include: 'Shoppers Whoppers' -- the
promotion that allows you to 'shop till you drop' at amazing
prices; 'Movie Mania' - wherein cardholders can avail of
tickets of their favorite movie at the theatre of their
choice and 'Beauty & Body' - for all who would like to
indulge in rejuvenating beauty treatments at leading salons
and spas around the country, at prices that are
unbelievable. For all those who need to get away from the
grind, the Times Card has a special 'Holidays' category,
which offers cardholders irresistible holiday packages
across the country. Foodies can also find solace in
'Culinary Stops', which acts as a guide to the country's
best restaurants.
The card also provides privilege
access to a host of prominent celebrity events and parties
including Filmfare Awards and the Pantaloons Femina Miss
India beauty pageant.
Speaking on the occasion
Avijit Nanda, president, TimesofMoney said, " Over the last
year, Times Card has successfully redefined the
entertainment experience of masses. Positioned to be an
aspirational credit card for the high spenders, 'Times Card'
has created compelling value by introducing exclusive offers
that form an integral part of the card offering. These
offers span across entertainment, dining, shopping, travel,
body and beauty. We are confident that in the coming years
Times Card will deliver its promise of introducing customers
to a new world of entertainment experience."
Samir
Bhatia, Managing Director -- India and Indian Ocean,
Barclays GRCB said, "The Times Card is constantly seeking to
create compelling value proposition for our ever-growing
customer base of over 1 lakh. Over the last year, we have
created value-for-money platforms providing customers with a
unique experience across categories such as shopping,
entertainment, hospitality, travel, leisure and personal
grooming. We endeavour to leverage our innovative
customer-centric initiatives and achieve several more
milestones in the years to come."
The card, which is
powered by Visa, is currently available in over 15 cities,
which cover the metros. Gaining access to the card is easy
and is absolutely hassle free. Customers can swipe and earn
points, which are then redeemed, and this has proved to be a
good incentive. This card is accepted at more than 26
million merchant establishments in India as well as
globally.
About Times Card
Times Card
from TimesofMoney is the first entertainment Credit Card of
its kind in India. It offers exclusive discounts across
blockbuster movie premieres, rocking live concerts,
celebrity parties and a whole new experience of
entertainment. Times Card is weaved along the 5 C's of
Convenience, Comfort, Care, Cohesive and Comprehensive.
Positioned to be an aspirational credit card for the high
spenders, it gives a powerful option to do more. These
offers and discounts span across a large number of merchants
spread across movies, dining, shopping, body and beauty and
holiday destinations.
24th March, Sunnyvale, Kids, Teens
and Youth Enthralled audience during Ugadi Celebrations
Organized by BATA
Bay Area Telugu Association organized the 8th Annual Ugadi Telugu Mela and Youth Talent Show on
March 21, 2009 at Sunnyvale Temple Community Center in
Sunnyvale, California celebrating the "VIRODHI NAMA
samvatsaram". The venue Sunnyvale Temple auditorium had
a new look with decoration of traditional flowers,
backdrops, and lights; and a daylong cultural program
involving four-year kids to adults took place that
mesmerized the Bay area Telugu people from 10:00 AM
through 10:00 PM in the evening . This program was
sponsored by the following patrons:Grand Sponsor: Ravi
Tax Preparation Services & Raji InsurancePlatinum
Sponsors: Channel Real Estate and Mortgage.Gold Sponsor: PNG
Jewelers, Namaste Plaza, Remit2India
(remit2india.com)Part of the day-long event, "Youth
Talent Show" ran from 10am through 6pm. The Youth Talent
show has been providing a platform for youth to showcase
their talents in music, dance and other fields. The ever
increasing participation of children from a tender age of 4
to 15 in large numbers shows the hard work put in the by the
kids in learning telugu language and arts and the dedication
of parents to ensure their children are in touch with our
language, culture and festivals. This year’s talent show had
over 85 entries in dance and singing competitions with over
300 children participating in sub-junior, junior and senior
categories. Additionally, there were over 60 entries for
Art, Caroms and Chess competitions. BATA advisory board member and Cultural Chair Ms
Vijaya Aasuri started the evening program and stated that
the main goal of Ugadi program is to showcase and celebrate
Telugu culture while entertaining the audience. During the
show, Priest Sri Chintapally Venkateshwara Sharma blessed
the show and attendees. The first performance was Kuchipudi
dance for Ganesha Koutvam by group of eight kids,
choreographed by Sunita Pendekanti. The next item was Matru
Bodha directed by Vani Gundlapalli and it was written &
composed by Varanasi Venkat Rao. Then came the "chiru
Sandadi" dances by 4-10 years old kids for ensemble of songs
celebrating the diversity of styles and songs such as Kannu
Kotthina, Appdo Ippudo, Confussion, and Dhoom Dhummari.
There were over 60 kids participated in this small segment
of dances alone. Most of these kids were
first-timer.Speaking at this event, Ravi Thiruveedhula, the
out-going President of BATA, mentioned that he has received
tremendous support from Telugu community, BATA committee,
Artists, and the volunteers through out the last year making
all program very success.s on the stage, and were very well
trained by the choreographers Vijaya Aasuri and Srilu
Veligeti. Prasad Mangina (newly elected President of
BATA)thanked Jayaram Komati, Ramesh Mandalapu, Yugandhar
Karakala, Ravi Thiruveedhula, Vijaya Aasuri and Veeru
Vuppala for their continued support and encouragement since
he has been associated with BATA. Prasad was pleased with
his election as well as with the new committee and expressed
confidence that the new team will continue the activities
with the same interest and intensity. Ravi and Prasad also
thanked the efforts of volunteers in making the program a
grand success and thanked the sponsors Ravi & Raji
Gondipalli (Ravi Tax Services), Sri Gopi Reddy (Channel Real
Estate and Mortgage), Vishaka (PNG Jewelers), Gurdeep Suri
(Remit2India.com), and Hari Babu (Namaste Plaza).
Additionally they thanked the local businesses that have
set-up the booths such as tax services, real estate
promoters, dentists, jewelers, educational institute,
boutiques, mehndi and non-profit organizations. Towards the
end of the program, the much-awaited results from the Talent
Show were announced by Srilu Veligeti, and cheers have
erupted in the hall every time a name and prize announced
from each of the categories of competitions. The program was
concluded with the prize distribution, medals and
certificates to Youth Talent show participants.
20th February, Economic Times,
Business Standard, Remit2India offers 'Assured Extra Money' to
all customers
MUMBAI: As a part of its 8th
anniversary celebrations, Remit2India, India's leading
online remittance service announced its Assured Extra Money
offer on each transaction for its customers. This
distinctive and lucrative proposal provides every customer
who transacts through Remit2Indiaan assured extra
paisa on each money transfer . All transactions stand to get
an extra paisa benefit upto Rs. 8888 during the offer
period on successful disbursal done to the beneficiary. The
Offer opened on Feb 13th, 2009 and closes at 9:30 am- IST on
March 6th, 2009. This offer is available to all customers
serviced by Remit2Indiaacross the globe. Speaking on
the occasion, Mr.Avijit Nanda, President TimesofMoney said,
"This anniversary gives us an apt platform to re imbibe our
promise - to deliver the best service and have the vision of
being the best in class online remittance service provider.
We would like to thank our customers around the world for
having faith in us and appreciating our unique product
offering. To express our gratitude, we have announced a
rewarding scheme for all our customers and we are confident
that we will deliver our best ensuring customer delight." Remit2India,India's leading remittance service
provider, finished 8 years on the 14th of this month.
Started as India's first independent money transfer portal,
Remit2India has expanded its product portfolio to include
various services like online shopping platform &
property services for NRIs .It has also introduced several
innovative services like BillPay2Indiawhich allows NRIsto pay their bills online ,Guaranteed Rate
Transfers, which allows a customer to fix the exchange rate
at the time of booking of transaction and many more .Its
disbursement solutions have revolutionized the face of
remittances ,making it seamless and customer friendly
17th February , DPA, Indians begin
to return home as Gulf dreams crash downturn on Asian
remittances (Feature)Business Features
New Delhi - Amid new layoffs each
passing day, the evenings at Dubai's Jebel Ali labour camps,
home to thousands of South Asian workers, are fraught with
economic uncertainty and gloom. Half a dozen migrants
gathered recently at a flat to comfort Indian construction
worker Sunam Mallaiah, who had just lost his job. Unsure of
their own livelihoods, the men were unable to offer words of
hope. Mallaiah went into debt and sold his land in the
southern state of Andhra Pradesh to raise 150,000 rupees
(3,090 dollars) for a recruitment agent to get him work in
Dubai, one of the seven states of the United Arab Emirates.
Merely weeks into his 1,600 dirhams-a-month
(436-dollars-a-month) job, the 30-year-old's dreams of a
better life for his wife and child back home have faded
away. With the building boom going bust after the global
economic downturn hit the region, older workers like
Bangladeshi Shahjehan Alam are worried about their friend.
'He is mostly quiet, troubled about how to return home with
debt and an empty pocket,' Alam said in a telephone
interview. 'We fear he might commit suicide.' India's
Overseas Affairs Ministry insists the situation is not
alarming, but reports of job losses and wage cuts have been
pouring in from the United Arab Emirates and Bahrain, which
have been hit by a combination of a slump in oil prices and
a downturn in the construction, real estate and tourism
sectors because of the global slowdown. There are 1.8
million Indians in the United Arab Emirates and 400,000 in
Bahrain, accounting for about half the 5 million Indian
workers and managers in the Gulf region. Indians have been
affected to a lesser extent in other Gulf countries such as
Kuwait, Oman, Qatar and Saudi Arabia. Although there are no
exact figures, the Indian consulate in Dubai has said
construction firms there had bulk-booked planes next month
to fly 20,000 to 30,000 workers back home on long leave or
to redeploy them on projects in other Gulf nations like
Qatar. According to unofficial estimates, Andhra Pradesh has
seen thousands returning to their homes in the northern
Telangana region over the past few months while Kerala,
another southern state that sends huge numbers of workers
abroad, is reporting 150 returns a week. White-collar Indian
professionals and technicians are facing the axe too. The
spate of job losses is mostly in the financial and banking sectors and hotels. Those in sales and marketing are also
regarded as dispensable. 'Four of my friends from the
finance sector and hotels were fired overnight from their
jobs though they were very good professionals,' an Indian
executive with Emirates International Telecom said. 'With
several firms going in for cost-cutting, people are being
hired at lower wages. Others are forced to return as their
salaries do not support their stay anymore.' 'Till 2008, the
Gulf was witnessing realty and construction booms and
attracted workers in droves,' KV Shamsuddin, who heads an
Indian welfare organization in Dubai, said by telephone.
'But now, 260 billion dollars worth of real estate projects
are reported to have been delayed or shelved in the UAE.'
According to workers, property giants like Nakheel, Damac,
Emaar Properties PJSC and al-Shafar have laid off thousands
of workers over the past few months. 'Some companies have
sent them back on leave without pay while a few even use the
lottery system for terminating services,' Alam said.
Concerned that a wave of redundancies could translate into a
crisis, the Indian government is keeping a close watch. But
although the situation is dire for the overseas workers, the
lack of jobs in the Gulf is not expected to have a major
effect on the Indian economy overall, Overseas Affairs
Ministry spokesman Akshay Rout said. Indians, comprising 38
per cent of the 13 million expatriates in six Gulf
countries, contribute more than one-fifth of India's total
overseas remittances, which constitute 3 per cent of the
country's gross domestic product. Migration to the Gulf
region, which employs the largest number of Indians outside
the country, has helped countless thousands of Indian
families avoid poverty in the past decade. Remittances have
driven construction, tourism and education in states like
Kerala and Andhra Pradesh. 'Layoffs, especially in the
construction sector, are likely to have serious economic
repercussions for households in India as many depend on
remittances,' said Avijit Nanda, president of TimesofMoney,
a leading Indian online payment-service provider. 'Since
January, there have been appeals by the diaspora for
financial help and starting rehabilitation and re-employment
schemes,' an Overseas Affairs Ministry official said on the
condition of anonymity.
14th February,Make your wallet smile
this Valentines Season, with Times Card offers
Times Card, India’s first co-branded
entertainment credit card from TimesofMoney and Barclays has announced an exclusive Valentines Day Offer for all
its customers. This offer ensures saving on every spend for
the card members across movies, dining, shopping, body
,beauty and holiday destinations. Highlights of the
Offer:
•Discounts are offered in five
Consortiums-namely Entertainment, Culinary, Shopping, Beauty
& Health and Travel. •Entertainment:
Exclusive Tie-up with Multiplexes across the town to
offer 25% flat discount on latest Movies (Anytime, Any
movie) •Dining :
Times Card offers 15-20%
discount at all famous eateries like Mumbai:Maroosh , Diva
Maharashtra , Goa Portuguese Bangalore: Oriental Blossom,
Ruby Tuesday •Shopping:
Times Card offers
discounts on Stand alone retail chains like : -
Mumbai:Freedom Fashion, Collezioni Moda - Gini and Jony and
Palm Tree all over India. -Delhi : H2O Plus, Blue
Oyster. Beauty & Health:
Discounts on
Beauty & Wellness Outlets like Jawed Habib& Cher
Hair & Beauty Lounge. •Travel :
Discounts
on Hotels & Resorts like Hotel Hard Rock, Ramee Group Of
Hotels. Please log on to: www.timescard.com ,for more
information Google Trends shows that search volume started
soaring as of Feb. 1 and it will continue to surge right up
until Feb. 14. But the proceeds are not just limited to
retailers of chocolate and flowers. There are plenty of
opportunities for innovative giftings.Courtsey:Google Trends
. Current Shopping Trends : During recession ,in effort to
economise, people were also searching for vouchers 35 per
cent more this year than last, as well as budget meals,
which have grown in terms of search frequency by 53 per
cent. Google Trends shows that shopping volume during
valentines season started soaring as of Feb. 1 and it will
continue to surge right up until Feb. 14. But the proceeds
are not just limited to retailers of chocolate and flowers.
There are plenty of opportunities for innovative gift
shopping . Top gifting trends this season Gifts are an
expression of mutual love and affection. They add an extra
flavor to the festivities. The year end festive season
witnessed a change in the gifting trend. Gifts, this year
are more utility based and depend on the functional value to
the user. Compared to last year where top gift categories
were accessories and cosmetics the trend this year is more
towards spa /holiday packages and electronic gadgets. Top
ten gift categories this season are: Mobile phones and
electronic gadgets, holiday/Spa packages, gift vouchers,
Apparels, Cosmetic packages, chocolates, cakes & cookies
and watches. Times Card:
Times Card is the
first entertainment Credit Card of its kind in India. It
offers exclusive discounts across blockbuster movie
premieres, rocking live concerts, celebrity parties and a
whole new experience of entertainment. Times Card is weaved
along the 5 C's of Convenience, Comfort, Care, Cohesive and
Comprehensive. Times Card aims to provide the card members a
powerful option to do more with the same spends through the
various offers and discounts across a large number of
merchants spread across movies, dining, shopping, body and
beauty and holiday destinations.
16th January,Business of Cinema,
Times Card offers 25% discount on movie
tickets
Entertainment credit card from TimesofMoney and Barclays - Times Card - is providing a unique proposition for movie buffs. It
offers 25% discount on movie tickets -anytime, any movie,
any day. This discount can be availed at multiplexes like
Fame Adlabs, Fun Cinemas, and Cinemax across the city. Card
holders get to watch a movie at 3/4th of its cost. With the
purchase of a couple of movie tickets, the cardholder earns
discount. All a customer needs to do is; check the theatre
details at www.timescard.com and book the tickets at the
counter to avail the discount. Along with this discount
offer, Times Cardholders are also eligible for
special discounts on the latest movie blockbuster releases,
concerts, high profile shows, top brand apparels, footwear,
furniture, holiday resorts, weekend destinations and special
packages, beauty salons, spas, fitness centers, health
clinics, dance academies and many more.
1st January,Remit2India bonds with
NRIs and their families
REMIT2INDIA, INDIA’S leading
online remittance portal, organised NRI family day, a
meet for NRIs and their families at St Antonio D
Silva School, Dadar, Mumbai on December 21, 2008. The
event had a healthy attendance with more than 1000 NRIs and
their families. The event was testimony to the euphoria NRI families’ back home could garner. The event was
aimed at celebrating the bond Remit2India shares with
its NRI customers and their families and to reinforce
the magic by striking an emotional chord. It also offered an
excellent opportunity to vendors to interact with thousands
of potential customers at a personal level. NRI Family Day presented a range of options from entertainment
and lifestyle interests to its guests. There were four zones
put up, which offered the guests with delicious food, free
health check-up, free eye check-up, free astrology advice
and the likes. At the health zone, an expert from Asian
Heart Institute explained the health concerns for the middle
aged, their food habits and advisable exercises. More than
400 people got their free health check ups done and attended
the fitness and yoga session. The investment zone provided
financial advisory to the audience through stalls by
insurance, mutual funds houses and property developers. The
experts from ArthaMoney, ING Vysya and Times
Card helped them with their queries on how they can
maximise their returns from investments apart from
innovative financial product offerings. Speakers from Croma,
Lodha Builders, Tata Housing and ING also discussed their
product offerings and the benefits they hold for the NRI and their beneficiaries in India. The
entertainment zone had laughter therapy show by stand-up
comedian from television, music, astrology etc for the
audience. There were hosts of cultural programmes like
comedy shows and games. The Radio Jockeys (RJs) from Radio
Mirchi also charmed the audience throughout the evening with
regular games and music. The participants were also given
free vouchers from Country Club and Travel port. Stalls like
free mehendi and tattoo had a turnout of more than 200
people. The participants got their horoscopes by Bejan
Daruwalla. Lastly, the connect zone had Remit2India and
Window2India brands present. The Remit2India booth on one
hand, clarified queries adeptly regarding the money transfer
process, while handing out mementoes to the customers. The
crowd continued to pour till late in the evening. The fun
filled evening finally came to an end with a raffle draw
worth rupees two lakh. This initiative was taken by
Remit2India, remittance arm of TimesofMoney group to
establish a connect with the beneficiaries of the money
remitted by NRIs. It also gave an opportunity to families of NRIs to address their concerns regarding the brand
and their expectations from it. "The event has been a
resounding success and we are delighted with the
overwhelming response. We hope to recreate similar success
in other cities as well," said official spokesperson,
Remit2India.com.