With the digital payment space growing manifold in India, Microsoft is soon enabling digital payments services in its enterprise social network app "Kaizala" in the country. Payment integration -- via third party mobile payment infrastructure -- with "Kaizala" will enable users to quickly send or receive money without having to leave t...
The CBI on Thursday said that it was questioning the directors of Kanishk Gold Pvt. Ltd. (KGPL) in connection with its ongoing probe into the alleged defrauding a consortium of 14 banks led by the SBI to the tune of Rs 824 crore. A Central Bureau of Investigation official told IANS: "Questioning of KGPL Directors Bhoopesh Kumar Jain and Neeta ...
The CBI on Wednesday registered a case against Chennai-based jeweller Kanishk Gold Pvt Ltd (KGPL) for defrauding a consortium of 14 banks led by the State Bank of India (SBI) to the tune of Rs 824.15 crore in the form of loans now been declared a non-performing asset (NPA)....
Professionals in India prefer home-grown tech and mobile Internet companies like Directi, Flipkart and One97 Communications (Paytm) more than global giants like Google and Amazon as their workplace, revealed a new LinkedIn report on Wednesday. The report includes the ranking of 25 companies in the country that are most sought aft...
Indian companies are most concerned about increasing protectionism around the world, a report said on Wednesday. "The survey data shows that almost nine of 10 businesses in India feel that governments are turning increasingly protectionist, leading to a rise in the cost of doing international business, altering trade routes and raising h...
The Banks Board Bureau headed by former CAG Vinod Rai has sought a wider mandate and a greater organic link with the government to provide greater utility on matters of governance and performance of public sector banks (PSBs). In a compendium of recommendations published on its website, the Bureau sought from the government the mandate to engage w...
Global cues and value buying pushed the Indian equity markets higher during the afternoon trade session on Wednesday. According to market observers, healthy buying was witnessed in banking and capital goods stocks. At 1.12 p.m., the barometer 30-scrip Sensitive Index (Sensex) of the BSE traded at 33,193.65 points, up by 198.89 points or 0.6...
The Supreme Court on Wednesday directed the Jaypee Associates to deposit Rs 200 crore as a part payment of the amount required to pay the principal amount to 2,800 home buyers seeking refund. A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud said that Rs 100 crore would be deposited by April 15 and the rem...
In a bid to help news organisations thrive in the digital age, Google has committed $300 million over the next three years as part of the Google News Initiative (GNI). The GNI will help media outlets evolve new business models while adopting innovative technologies. According to Google, business models for journalism continue to change drastically...
Tata Starbucks, a 50:50 joint venture between coffee store chain Starbucks and T...