Infosys invests Rs 31.6 crore in venture fund

Bengaluru: Software major Infosys Ltd on Wednesday announced investing Rs 31.6 crore in Stellaris Venture Partners, a ci...
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November 24, 2016

Demonetised notes not valid for deposits in small savings sc...

Mumbai: The Reserve Bank of India (RBI) on Wednesday asked banks not to accept demonetised Rs 500 and Rs 1,000 notes for...
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November 23, 2016

L&T net profit jumps up 84% in September quarter

Mumbai: Engineering major Larsen & Toubro (L&T) on Tuesday reported a 84 percent growth in its consolidated net ...
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November 23, 2016

TRAI slashes ceiling tariffs for USSD-based mobile banking

New Delhi: To facilitate mobile banking for financial inclusion, the Indian telecom regulator has reduced tariffs for Un...
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November 23, 2016

Demonetisation effect: GDP to fall by up to 80 bps, says DBS

“There are downside risks to the tune of 0.40-0.80 per cent to our gross-value added estimate of 7.6 per cent,R...
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November 22, 2016

Amul to pay milk producers through bank

New Delhi: Amul Chairman Jethabhai Patel on Monday said that the group will credit payments to its milk producers direct...
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November 22, 2016

RBI allows Rs 50,000 withdrawal a week from overdraft accoun...

Mumbai: Following the demonetisation of high value notes, the RBI on Monday further relaxed cash withdrawal norms, permi...
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November 21, 2016

Cash crunch: RBI gives additional 60 days to repay loans

Chennai: With the nation facing a cash crunch and small borrowers not able to repay their loan dues on time, the Reserve...
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November 21, 2016

People have exchanged, deposited Rs 544,571 crore: RBI

Mumbai: Some 37 per cent of the Rs 14,50,000 crore worth of now-demonetised Rs 500 and Rs 1,000 currency notes that were...
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November 21, 2016

Withdraw cash with a tap on your smartphone

London: Tapping smartphones on high-tech contactless cash machines, bank customers will now be able to withdraw 100 poun...
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November 21, 2016

Impasse in GST Council continues on assessee jurisdiction

New Delhi: An informal meeting of the Goods and Services Tax (GST) Council here on Sunday remained stalled on the issue ...
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November 21, 2016
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