Amazon.com Inc AMZN.O has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed. Amazon will begin its festive season sales on Oct. 17, and has been trying to encourage payments through Amazon Pay with cashbacks and … Read more
Category: Business and Finance
Sensex gains 100 points; Lakshmi Vilas Bank surges 15%
The benchmark indices were trading with minor gains on Friday, on the back of mixed global cues, ahead of the monetary policy address of RBI Governor Shaktikanta Das at 10 am. The S&P BSE Sensex gained 100 points at 40,270 levels and the Nifty50 index held on to the 11,850-mark. … Read more
Delhi gets ‘green war room’ to monitor pollution levels this winter
New Delhi: Delhi Environment Minister Gopal Rai on Thursday inaugurated a ‘green war room’ at the Delhi Secretariat to monitor pollution levels in the city this winter. The minister said a 10-member team has been set up to monitor the levels of primary pollutants, measures taken to curb pollution and … Read more
Rupee rises 5 paise to 73.28 against US dollar in early trade
Mumbai: The rupee opened on a flat note and inched 5 paise higher to 73.28 against the US dollar in early trade on Thursday supported by positive domestic equities and weak American currency. Traders said investors are cautious ahead of the RBI Monetary Policy Committee (MPC) decision on Friday. At … Read more
Amazon Introduces ‘Live TV’ Feature For Fire TV Devices In India
Amazon on Thursday introduced ‘Live TV’ feature for Fire TV devices in India, making it easier for customers to discover live channels from their favourite content providers. The new feature introduces a ‘Live’ tab on the navigation pane and an ‘On Now’ row on the Fire TV home screen, making … Read more
Your jobs, increments, bonuses are secure: Puri to HDFC Bank employees
Mumbai, Oct 6 HDFC Bank Managing Director and Chief Executive Officer Aditya Puri has assured employees of the country’s largest private sector lender that their jobs and bonuses are secure. Even as the COVID-19 pandemic rages on, Puri, who retires later this month, said the bank is doing well, has … Read more
GST Council Meet Highlights: No monthly returns for small taxpayers; refund claims get watertight with PAN, Aadhaar
After a day-long GST Council meeting, the Centre and the states could not draw consensus on the issue of borrowing to make up for compensation shortfall. Finance Minister Nirmala Sitharaman said that the next meeting will be on 12 October. However, there was various other decision taken in today’s meeting. … Read more
Reliance raises Rs 7,350 crore from 2 investors
New Delhi, Oct 3 (PTI) Billionaire Mukesh Ambani’s Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors — Singapore’s sovereign wealth fund GIC and Global alternative asset firm TPG — by selling a stake in group’s retail arm. Through two separate deals, Reliance Industries will … Read more
BMW Group India to Increase Prices by up to 3 Percent From 1 November 2020
Gurugram, Haryana : BMW Group India will increase prices across the BMW and MINI product portfolio with effect from 1 November 2020. Mr. Vikram Pawah, President, BMW Group India said, BMW Group India is constantly engaged in offering aspirational products and highest levels of customer service to its exclusive clientele. … Read more