The Indian Foundation (AdIF) digital alliance, a new Delhi tank consisting of entrepreneurs and startup, has transferred the Indian Competition Commission (CCI) to seek temporary assistance to the implementation of the Google Play Store commission until the investigation of the technological giant of the dominance abuse is complete. The 30 […]
Author: Lawrence
RBI to geo-tag payments system for wider access to digital transactions
Reserve Bank of India on October 8 announced the geographical marking of payment systems to improve the receipt of payment infrastructure. Geo-backing technology will provide sustainable location information and can be used in targeting areas that are left in payment receipt infrastructure payments. The RBI will propose a framework for […]
Tata Motors: In advanced stages to raise $1 billion for EV biz – Report
In the advanced stage to collect $ 1 billion through the sale of electric vehicle units, Times of India reported on Friday. The increase in funds will assess the unit of electric vehicle Tata Motors (EV) at $ 8 billion, the report said. This has attracted a lot of private […]
Novelist Abdulrazak Gurnah wins 2021 Nobel Prize in Literature
The author won “the penetration of the impact of colonialism and his fate that is not compromised and loving and the fate of refugees in the bay between culture and continents.” Prizes are given by the Swedish academy and worth 10 million Swedish crowns ($ 1.14 million). Prizes, for achievement […]
Bombay High Court dismisses Srei Group’s writ petition against RBI
Bombay HC on October 7 fired the Petition of SREI Group against the Bank of India (RBI) backup action on SREI Infrastructure Finance Ltd (SIFL) and SREI EQUIPMENT FINANCE LTD (SEFL). SREI Group Promoter, Adisri Commercial Private Ltd. has submitted a written petition against RBI challenging orders and also looking […]
Stocks to watch: MTAR Tech, Marico, ZEEL, Future Retail, Canara Bank, CIL
The domestic market tends to open on a hot record on Wednesday because SGX Nifty trades 34 points at 17,785 at around 8:30 a.m. Here are the top stocks to be tracked in today’s session: Consumer Godrej: FMCG Major Godrej Consumer Products Ltd. (GCPL) on Tuesday said it expects to […]
Lenders reject Srei’s standstill appeal; company moves a step closer to bankruptcy
Creditors of Srei Group last week rejected the top management’s proposal to grant the company a one-year standstill from any action – legal or otherwise – to recover dues estimated at around Rs 35,000 crore, said two people familiar with the development. A management team led by Hemant Kanoria, chairman […]
Tata Power market-cap crosses Rs 50,000cr mark; stock up 4% at new high
Shares of Tata Power Company continued to climb higher, hitting a new high at Rs 165 after 13 years, up 4 per cent on the BSE in Friday’s intra-day trade, on improved outlook. The stock of Tata Group electric utilities company was trading higher for the fourth straight day and […]
Union Bank of India NEFT Form, Timing, Charges & How to do NEFT?
Union Bank of India NEFT Form With National Electronic Exchequer Transfer (NEFT NEFT) you can transfer exchequer and make Credit card payments to any bank across India. With this service your deals are easier, and, with lowest restrictions, they reach further than anteriorly. What is NEFT? National Electronic Funds Transfer […]
Air India sale: Winner finalised; govt decides minimum reserve price
The government is believed to possess selected the winning bid out of the offers given by Tata Group and Ajay Singh. The minimum reserve price against which bids were judged has also been decided Air India sale process in last legs as government decides on minimum reserve price, winning bidTata […]