Assuring about 20 lakh depositors of the Lakshmi Vilas Bank (LVB) now under moratorium that there is no need to panic and all glitches in withdrawal of deposits - subject to a maximum of Rs 25,000 - will be sorted out, the RBI appointed Administrator T.N. Manoharan on Wednesday said ATM machines will start working from Thursday....
Japanese multinational bank Sumitomo Mitsui Banking Corporation on Wednesday said it will infuse fresh capital of $600 million in its Indian operations in 2020 and also announced the opening of a branch here....
With the Covid-19 pandemic leading to digital transformation at a speed never seen before, software giant Microsoft expects to develop more than 500 million new applications over the next five years....
The BSE Sensex and the Nifty50 on the National Stock Exchange (NSE) hit fresh all-time highs on Wednesday, before settling at record closing levels. ...
South Korea's two largest electronics firms Samsung Electronics and LG Electronics on Wednesday decided to temporarily shut down their research labs after their workers tested positive for the new coronavirus....
In line with government's "Atmanirbhar Bharat" vision, Amazon India on Wednesday launched a toy store where sellers from 15 Indian states will showcase thousands of unique toys across categories like traditional, handmade and educational. The launch of the "made in India" toy store could help local manufacturers to ...
The bad loan scenario in Indian banks has improved as the net non-performing loans (NPL) are at a six-year-low. According to a report by Kotak Institutional Equities, net NPLs for banks are now closer to FY2014 levels. ...
The Confederation of All India Traders (CAIT) has slammed Delhi Chief Minister Arvind Kejriwal for not consulting the traders of the national Capital before sending a proposal seeking permission from the Centre to close markets here in a bid to curb the sudden surge in Covid-19 cases since last week....
Apparel Export Promotion Council (AEPC) Chairman A. Sakthivel, has urged the government to strike a pre-FTA preferential trade deal to remove the tariff disadvantage faced by Indian apparels in the UK. In a letter to Commerce and Industry Minister Piyush Goyal, the APEC Chairman ...
As demand grows for takeaway food in the social distancing times amid surge in Covid cases, Zomato on Wednesday said its takeaway service is now available to restaurants at zero commission. The food delivery platform said that for restaurants to be able to tap into this ...
