Chinese e-shopping bonanza takes off in high spirits
Chinese e-commerce giant Alibaba Group Holding Limited’s Singles’ Day shopping bonanza - also, known as ‘double eleven’ - hit a 158.31 billion Yuan within…
BSNL comes up with 6 paisa cashback policy to lure…
State-owned telecom operator Bharat Sanchar Nigam Limited has come up with 6 paisa cashback scheme for every five minutes and more of voice calls placed…
RIL to restructure Jio to make it virtually debt-free…
Reliance Industries (RIL) has designed a structure to make Reliance Jio (RJIL) debt-free. The announcement was made on Friday. The move is said to be…
SC settles 14-yr-old AGR dispute; asks telcos to pay…
The Supreme Court on Thursday favoured the government by allowing the Centre to recover Rs Adjusted Gross Revenue (AGR) of Rs 92,000 crore from telecom…
India betters its position to 63rd in WB’s Ease of…
India scaled 14 rungs high to rank 63rd in the World Bank’s Ease of Doing Business 2020 survey. The survey was conducted in 190 countries and India has…
Govt announces merger of plagued MTNL-BSNL, Rs 70k…
Centre on Wednesday approved a Rs 70,000 crore revival package for the financial ailing telcos Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone…
RBI asks banks to curb agents’ role in KYCs of customers
The Reserve Bank of India (RBI) on Tuesday asked all banks under its jurisdiction to stop the use of direct selling agents (DSA) to sell retail loans…
Dip in gold prices lure customers; e-commerce industry…
Days ahead of Diwali, gold dipped for the third day in a row to Rs 37,850 per 10 gram on Tuesday, luring customers to make some wonderful purchases. Similarly,…
PMC: Over Rs 10 crore cash missing from Bank’s records
The Punjab & Maharashtra Cooperative Bank’s (PMC) internal investigation team on Thursday revealed that a sum of Rs 10.5 crore cash is missing from…
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PMC Bank Fraud: Dozen high-end cars confiscated from…
A day after the chairman of Housing Development and Infrastructure Limited (HDIL) Rakesh Wadhawan and his son Sarang were arrested, at least 12 high-end…
Centre cuts corporate tax rates; decision boosts shares
Finance Minister Nirmala Sitharaman on Friday reduced corporate tax to 25.17% inclusive of all cess and surcharges for domestic companies. The reduction…
Share market staggers on this week’s second day; rupee…
Indian share market started low due to the sharp surge in global crude oil prices and the rupee tumbling by 68 paise to 71.60 against the US dollar and…
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