Business

Enhanced gratuity limit for private sector employees will kick in from March 29, 2018.

The Ministry of Labour and Employment has clarified that the enhanced limit of gratuity for the private sector workers will be effective from March 29, 2018 only, in
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The IT department in the first week of April had sent a notice to NuPower Renewables.

New Delhi: Whistle-blower Arvind Gupta, who exposed the alleged Videocon loan fraud, has levelled fresh allegations of quid pro quo on ICICI Bank MD and CEO Chanda Kochhar in a second letter addressed to Prime Minister Narendra Modi. Gupta has claimed that ICICI
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Last year, the government had announced a recapitalistion plan of Rs 2.11 lakh crore for PSBs.

As the country's 21 public sector banks (PSBs) announced their results for the fourth quarter of financial year 2017-18, only two of the state-run banks --
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Reliance Jio offers four long term prepaid plans for Rs 999, Rs 1,999, Rs 4,999 and Rs 9,999.

Reliance Jio offers a host of prepaid recharge plans. The Mukesh Ambani-owned company offers plans varying from Rs 19 to Rs 9,999 which are valid for a period of one day to a year. These plans offer unlimited calling and data benefits, with some particular
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The announcement of merger between Vodafone and Idea Cellular was made on March 20, 2017

India's telecom giants Vodafone India and Idea Cellular, soon to become a single merged entity, will be known as Vodafone Idea Ltd, subject to the approval of special resolution in an extraordinary general meeting that

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Recently, Airtel also launched prepaid plans priced at Rs 499, Rs 558 and Rs 149.

Bharti Airtel's Rs 299 prepaid recharge plan offers truly unlimited local, STD and roaming calls for a validity of 45 days. 100 free SMSes per day are also bundled with
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The Benami Act was revived and enforced by the current government from November 1, 2016.

New Delhi: Over 780 benami asset attachments worth crores of rupees run the risk of being invalidated in the near future as the government has failed to create a designated adjudicating authority for over a year-and-a-half since the stringent law was enforced
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New routes have also been announced by the flights.

Airlines are showering discounts on domestic and international flight tickets and giving amazing deals on fares. New routes have also been announced by the flights. Currently, Jet Airways is offering
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State Bank of India (SBI) offers various deposit schemes under its personal banking portfolio.

State Bank of India (SBI) offers various deposit schemes under its personal banking portfolio. SBI's Recurring Deposit (RD) scheme offers an opportunity to
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By and large, most large scale banks offer an interest rate similar to each other's rates

If you want to be able to access your bank savings anytime, and can't afford to dispense the savings for parking it in a fixed deposit (FD) account, the State
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Silver also fell by Rs 100 to Rs 40,500 per kg.

New Delhi: Gold prices fell by Rs 300 to Rs 31,600 per ten grams, extending their slide for the third consecutive day at the bullion market on Saturday, tracking a weak trend overseas amid fall in demand from local jewellers. Silver also fell further by Rs 100 to Rs 40,500 per kg due to reduced off
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However, the value of the country's gold reserves remained stagnant at $21.70 billion.

Mumbai: India's foreign exchange (Forex) reserves plunged by $2.23 billion as on May 25, official data showed on Friday. According to the Reserve Bank of India's (RBI) weekly statistical supplement, the overall forex reserves declined to $412.82 billion from
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IRCTC's 10-day travel package include Puri, Kolkata, Gangasagar, Gaya and Varanasi.

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering nine nights and ten days travel package to Puri, Kolkata, Gangasagar, Gaya, Varanasi,
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However, GoAir's offer is discounted only on base fare.

GoAir today announced a discount offer on domestic flight tickets. The airline informed about the offer on microblogging website -- Twitter. Customers can book tickets on GoAir mobile app for booking of tickets on weekends and get Rs. 250 off on one-way and Rs. 500 off on return journey, said
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Nokia 8 Sirocco, Nokia 7 Plus, and Nokia 6.1 are available on Airtel's online store.

Airtel’s has launched Nokia smartphones -- Nokia 8 Sirocco, Nokia 7 Plus, and Nokia 6.1, on its virtual platform. Launched in October 2017, Airtel’s online store off
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Palo Alto Networks serves 50,000 companies globally and has 5,000 employees.

San Francisco: Former Chief Business Officer at Google, Nikesh Arora has been named the CEO and Chairman of the US-based security firm Palo Alto Networks.

After leaving Google in mid-2014, the high-profile executive became president of SoftBank and was heir apparent to its

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India meets more than 80% of its oil requirement through imports.

New Delhi: Petrol and diesel prices were revised marginally lower for the fourth consecutive day, on Saturday. The prices fell around nine paise in the four metro cities. In Delhi-NCR (national capital region), petrol was sold at Rs 78.20 per litre, down from Rs 78.29 on Friday,
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Sebi alsoimposed a one-year ban on two former company officials -- Ashok Capoor and P A Murali.

New Delhi: Sebi (Securities and Exchange Board of India) on Friday barred fugitive businessman Vijay Mallya from the securities market for another three years as also from holding directorship in listed companies for five years in the case of illegal
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RBI has refrained from revising the repo rate since August 2017 citing inflationary concerns.

Mumbai: Rising inflation and high crude oil prices will weigh on the minds of the six Monetary Policy Committee (MPC) members at their three-day meeting beginning here tomorrow to decide the key policy rate. The seven-quarter high growth rate of 7.7 per
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This tour package will start from October 12, 2018.

IRCTC (Indian Railway Catering and Tourism Operation) Tourism offers 6-day tour package to Gangtok and Namchi at a starting all-inclusive price of Rs 14,560 under a special 'Green Sikkim-Chardham'
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Fixed deposits offered by post offices fetch interest rates between 6.60 and 7.40%.

State Bank of India (SBI), the largest lender of the country, has recently revised its fixed deposit (FD) interest rates. The revision of up to 25 basis points, which
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Prices of petrol and diesel vary from state-to-state depending on local sales tax or VAT.

Petrol prices were revised marginally lower for the fifth consecutive day, on Sunday. The prices fell around nine paise in the four metro cities. In Delhi, petrol
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Ujjivan small finance bank offers FD interest rate of 8 per cent on its one-year fixed deposits

Even after increasing the fixed deposit (FD) interest rates on May 28, the State Bank of India still offers the rate of just 6.65 per cent on its one-year
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The last date to avail Reliance Jio's offer is September 30, 2018.

Reliance Jio has come up with an exclusive offer with Samsung Galaxy J2 (2018) and Samsung Galaxy J7 Duo. Under the offer, the Mukesh Ambani-owned telecom operator is offering a
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RBI's April 6 circular against virtual currencies was challenged in the Supreme Court

When the Reserve Bank of India's (RBI) three-month deadline given to banks for severing their ties with digital currencies looms closer, some cryptocurrency exchanges
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Jet Airways is also offering 10% discount in premiere and economy sections on domestic flight tickets.

Jet Airways last month announced the launch of operations under the ‘Ude Desh ka Aam Naagrik’ (UDAN) scheme. Country's second-largest private carrier had bagged four routes in the second round of bidding in January, in which a total of 325 routes w
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State Bank of India (SBI), PNB, ICICI Bank raised their lending rates from June 1

With effect from June 1, country's largest lender State Bank of India (SBI) raised its marginal cost of funds based lending rates (MCLR) by 10 basis points across the
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One can operate the PPF account on SBI's net banking account also

State Bank of India (SBI) public provident fund scheme is one of the most popular small savings scheme. The SBI PPF scheme enables the subscribers to save income tax as it allows the deduction from taxable income under the section 80C of the

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The maximum discount per SpiceMax seat is Rs 500 under this offer.

SpiceJet is offering up to 50 per cent discount on SpiceMax with HDFC Bank credit cards on every Friday, Saturday and Sunday under its 'Happy Weekends' scheme, as mentioned on the official website of the airline- spicejet.com. Under SpiceMax,

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Capital buffers at six state-run banks slid below the minimum prescribed by regulators, Fitch said.

MUMBAI: Losses by state-run banks have almost entirely wiped out the $13-billion capital infusion by the government, and the situation is unlikely to
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