CBRE launches retail biz strategy services

Real estate consulting firm CBRE South Asia today launched its comprehensive strategic retail business advisory services to cater to the needs of organised retailers who are operating in or evaluating business opportunities in India.
The new service will cater to brands across the segments and will assist them by providing strategic inputs on the Indian market and helping them with implementation of their expansion plans within the country.
"We see a potential of targeting an organised market of USD 70-80 billion currently, which comprises of organised Indian and international retailers who are operating in the country or are evaluating entering here," its Chairman, India and South East Asia Anshuman Magazine said. ------------------------------------------------------ Den Networks launches DEN TV+

Cable television services firm Den Networks today launched its online streaming platform DEN TV+ for its subscribers.
DEN TV+ will provide live streaming of 130 TV channels, over 2500 movies and recorded videos including popular shows, devotional content, lifestyle content among others, for free initially as part of the launch offer, the company said in a statement.
(Reopens BCM13)

Bank of India gets two new executive directors
Bank of India today said the Government has appointed Damodharan Neelam and Atanu Kumar Das as executive directors of the bank.
Prior to his appointment Neelam was with Bank of Baroda, the bank said in a statement.

He has experience in banking covering areas like corporate credit, loan syndication, international operations, bank subsidiaries, retail banking, operations and NPA management.
Das, who came from Vijaya Bank, has 23 years of experience in Banking and was involved in both policy and operational roles.
------------------------------------------------- American Express launches 'Buyer Initiated Payments'
Payment solutions company American Express today launched Buyer Initiated Payments (BIP), an electronic payment platform linked to corporate card that reduces processing costs and offers extended payment terms compared to traditional invoice payments.
BIP enables companies to increase the Days Payable Outstanding (DPO) while still paying vendors on time, the company said.

This web-based tool linked to corporate card fits and works within existing processes and includes reconciliation reporting that simplifies tracking vendor payments.