21 banks in India, including Andhra Bank, Axis Bank and Bank of Maharashtra, are introducing the upgraded form of India’s pioneering immediate payment service (IMPS) starting today. Under the new form of IMPS, users will be able to send money using proxy addresses instead of full bank account details, thus making instant money transfer across banks […]
AstraZeneca Pharma India said AstraZeneca UK has asked to terminate its existing distribution arrangements for Meronem (meropenem) in India. “This is as a result of a global agreement by AstraZeneca PLC to sell the development and commercialisation rights to Pfizer Inc, of its late-stage small molecule antibiotics business,” the company said. Separately, its global parent […]
For all those who took offence in Sonarika Bhadoria donning a bikini, not knowing that it was for her upcoming movie – SAANSEIN the Last breath, would be excited to see her in this simple yet beautiful bridal saree. The still released by the production house makes the point clear that Sonarika’s character is not […]
Jet Airways said it will now allow economy class users select their seats at the time of booking via the company’s website. Earlier, this option was available only to those flying higher classes. However, economy class fliers will have to shell out Rs 300 extra to pre-select their seat at the time of booking. International […]
The NSE has sought clarification from Idea Cellular after television channel CNBC TV18 reported that the company was in preliminary talks with Vodafone to merge its operations. “Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such negotiations were taking place and b) Whether you/company […]
Aditya Birla Fashion & Retail said it was not directly linked to the reported merger between Aditya Birla Group’s More supermarkets and Future Retail’s Big Bazaar. The company was responding to a question by the stock exchanges after its stock rose in response to a report in the Economic Times that the two retail chains […]
Tata Power Consolidated Revenue stood at Rs. 6,566 crore in Apr-Jun quarter as compared to Rs. 7,016 crore a year earlier. This revenue dip is mainly because previous quarter had favorable ATE order impact in standalone for Rs 137 crore, whereas corresponding quarter has an adverse MERC order in Mumbai Transmission Business for standalone of […]
Today, Reliance Digital stores across the country are seeing long queues of customers waiting to get free SIMs with three months of unlimited data and voice calls. “We are taking about half an hour to complete the process for each person,” said an employee at a Digital store in Kerala. “There are customers waiting. Please be […]
Chetan Bhagat has never shied away from politics and controversy. In fact, he seems to revel in it. It’s hardly surprising, therefore, that his latest book — One Indian Girl — touches upon the politically sensitive topic of Feminism and female liberation. And going by reaction to the books ‘teaser’ on social media, he seems […]
The State Bank of India said it has approved its merger with another two banks, State Bank of Patiala and State Bank of Hyderabad, taking the total of such banks to six. Yesterday, the SBI had said it had approved its merger with four banks including State Bank of Mysore, Travancore and SBBJ. “State Bank […]
Employees of associate banks will get only 15 days to decide whether to accept a new job with the State Bank of India or opt for voluntary retirement via an ‘option letter’ that will given to them as part of the merger of India’s largest bank with its four associates. The terms and conditions regarding […]
Siti Cable Network, a part of Subgash Chandra’s Zee Essel group, said it has received communication from the promoters that Subhash Chandra’s brothers will step down from the promoter group. The move is part of a family arrangement between the four brothers, said the company. “further to the family arrangment agreed to between the promoter […]
Tata Power said it had saved enough energy through an awareness program in New Delhi to light up thousands of homes in the city. The company said it saved around 9.5 lakh units of power. It did this by creating energy conservation clubs in 25 schools across the city. Tata Power said its Club Enerji […]
After autorickshaws, cars and buses, the government is now targeting the two-wheelers for CNG conversion. A pilot CNG-program under GAIL and Indraprastha Gas will test the suitability of CNG as a fuel for two-wheelers. Typically, natural gas is not considered an ideal fuel for smaller vehicles. However, given its low pollution footprint, the fuel was […]
Rolta India Ltd said it was unable to pay bank dues and interest on some of its bonds due to a liquidity constaint caused by delays in collecting dues as well as large investment into a “prestigious project”. Replying to a query from the BSE, the company said it has already put out an update […]
On the face of it, things went well for the Bharatiya Janata Party yesterday in Kerala. After decades of efforts at break into a two-party system, the saffron outfit finally managed to win its first seat in the state legislative assembly this time with party veteran O Rajagopal finding luck, and votes, in Nemom constituency near the capital […]
Customers of Idea Cellular turned out to be the happiest among those of all the big private telecom operators in India, while those of Reliance Communications were the most likely to make complaints to the regulator or the government. Among all private operators small and big, MTS’ subscribers made the highest number of complaints per […]
It’s perhaps not something that Smriti Irani expected when she was working as a television artist, but the Union Human Resource Development minister has overtaken top Bollywood heroines as far as online search interest is concerned, a day after her emotional speech in Parliament. On Thursday, a day after she answered her detractors and critics […]
India is getting ready for a digital revolution by auctioning 700 MHz spectrum that has the potential to take high-speed Internet to every village in the country. However, telecom operators — who have to play the role of the enablers — are not popping open the bubbly quite yet. The reason for their misgivings is […]
One of the fundamental truths about religious fundamentalists is that they are always inimical to the Left cause. This is true whether we are talking about Hindu fundamentalists or Evangelical Christians or Islamic fundamentalists. They all hate the Left. Yet, at present, many leftist student organizations are reported to be chanting slogans in campuses across […]
