Business News

Telecom,Banks Insisting on Aadhaar To face Rs 1 Crore fine along with 10 Years of Jail For Staffs

Jail term for staffs and fine for companies, if insisting on Aadhaar - Government of India has amend the existing Indian Telegraph Act and PMLA act and incorporate the strict rules for sharing the Aadhaar details. They have also included ...

Jawa Bike – Rs 1.89 Lakh Priced Bike Launched by Mahindra on Indian Road

Mahindra has launched Jawa Bike 2018 with retail price of Rs 1.89 Lakh - Car and SUV maker Mahindra & Mahindra has revived and launched the Czech Bike Jawa with price tag of Rs 1.55 Lakh and more. With the launch of Jawa Bike Mahindra has ...

List of New CEOs and MD in Public Sector Banks

Government has appointed new Chief Operating Officer (CEOs) and Managing Director (MDs) in 11 Public Sector Banks in India. This list includes all the banks where MD & CEO post was vacant due to many reason. These appointments are made on the ...

Reliance is Planning to Enter Retail eCommerce Business

Reliance Industries (RIL) chairman Mukesh Ambani has unveiled his plan to enter the retail eCommerce marketplace through hybrid platform via Reliance Retail. He is planning to grab a share of the fledgling e-commerce market through what the company ...

Meet the First CFO of Reserve Bank of India – Sudha Balakrishnan

India's Central Bank, Reserve Bank of India (RBI) has appointed Sudha Balakrishnan as the first Chief Financial Officer (CFO). Smt Sudha Balakrishnan is a chartered accountant and worked as vice president with the National Securities Depository Ltd ...

Now Get full refund if air tickets cancelled within 24 hours of booking

Free Flight Tickets Cancellation Charges -  If recent proposal by government passes in Parliament, You may, from August, be able to cancel your domestic air ticket within 24 hours of booking without any cancellation charges for flights that are at ...

CBI Booked Former UCO Bank CMD in 737 Crore Fraud

Government Investigation Agaency CBI has booked the former CMD & CEO Arun Kaul of Public Sector, UCO Bank on the charge of 737 crore Fraud. CBI has informed that the the loan amount sanctioned to the two firms, Era Engineering Infra India Ltd ...

CBI Lodges 393 Crore Fraud Case in Oriental Bank of Commerce (OBC)

Oriental Bank of Comerce, A public sector bank in India has dectated and lodged a CBI FIR against Delhi based directors of  diamond merchants export firm. The total amount of fraudlent transaction reported in FIR is 393 crores, which were raised in ...

Rs 11000 Crore Fraud in Punjab National Bank

India's second largest bank in assets, Punjab National Bank has detected some fraudulent transactions worth more than Rs 11,000 crore in one of its Mumbai branch. The amount of fraudulent transaction is approximately 1/3rd of its total market ...

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