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Business & economy, industries, companies, technologies and MNCs – News

Reserve Bank of India takes supervisory action on Mastercard Asia / Pacific Pte. Ltd.

Jul 15, 2021

The Reserve Bank of India (RBI) has today imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. (Mastercard) from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021. Notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be…

Issue and Regulation of share capital and securities – Primary (Urban) Cooperative Banks…

Jul 15, 2021

The Banking Regulation (Amendment) Act, 2020 (No. 39 of 2020), notified in the Gazette of India on September 29, 2020 (vide Notification No. 64 of that date), and deemed to have come into force with effect from June 29, 2020 for Primary…

Business

Timex Group Launches the New Made in India Helix Smartwatch 2.0 on Amazon Fashion India

Jul 14, 2021

New Delhi, India: One of the world’s largest watch manufacturers, Timex Group India Ltd, announced the launch of the second generation of smartwatches - under the brand Helix Smart 2.0 on Amazon India during Prime Day 2021. The Helix…

Business

Money Market Operations as on July 12, 2021

Jul 13, 2021

Money Market Operations as on July 12, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Money Market Operations as on July 11, 2021

Jul 12, 2021

Money Market Operations as on July 11, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Cherise unveils smart tea vending kiosks to revolutionise tea consumption in India

Jul 12, 2021

New Delhi, July 12, 2021: In a bid to bring a change in tea consumption pattern in India, startup venture Cherise India Private Limited has unveiled their IoT & Android-based tea vending machines that have their own proprietary Cherise…

Business

Intellicus gains recognition from Great Place to Work Institute as one of India’s Top 50 Mid-Size…

Jul 12, 2021

New Delhi, 12th July, 2021: Strengthening its position as one of India’s best workplaces, Intellicus Technologies Pvt. Ltd. - a leading data engineering and business intelligence (BI) product company, has been ranked amongst the Top 50…

Business

Money Market Operations as on July 09, 2021

Jul 12, 2021

Money Market Operations as on July 09, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Directions u/s 35A read with section 56 of the Banking Regulation Act, 1949 – Sri Guru Raghavendra…

Jul 11, 2021

The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive…

National

CGST officials bust network of 23 firms for claiming input tax credit of Rs 91 crore

Jul 11, 2021

Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit…

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