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SBI, PNB and ATM service providers under tax scanner

To avoid payment of VAT and the wrongful claim of the tax credit, the revenue department's intelligence unit has started an investigation into certain banks and ATM service providers.

Mar 27, 2018

ICICI Securities IPO undersubscribed: Did high valuations deter wealthy investors?

The portion of shares kept aside for retail investors and high net-worth individuals were subscribed 88 percent and 36 percent, respectively.

Mar 27, 2018

Jio top innovator brand in India, Har Ghar Modi innovative campaign: Survey

The survey selected Har Ghar Modi, Padman Challenge, Reliance Jio Digital India, Me Too Campaign, and Swachh Bharat as the five most innovative campaigns in various categories.

Mar 26, 2018

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UPI winning the race: India's homegrown payment system beats Visa, Mastercard

The interface is regulated by the RBI and works by instantly transferring funds between two bank accounts on a mobile platform.

Mar 26, 2018

Amazon still lags Flipkart: Is it only about the head-start?

While Amazon is slowly bridging the gap with Flipkart, the Silicon Valley giant still lags behind the homegrown rival when it comes to introducing business innovations.

Mar 26, 2018

Snub to US? China, India in $2.4bn deal to boost agri-products trade

The trade boost comes ahead of a proposed meeting between Commerce Minister Suresh Prabhu and his Chinese counterpart Zhong Shan in New Delhi this week.

Mar 26, 2018

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Indian applicants for US EB-5 visas seen plunging 80%: CanAm

The forecast comes amidst a proposal by the U.S. government to raise the investment amount from $0.5 million to $1.3 million for EB-5 visa applications by next year.

Mar 26, 2018

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H-1B Visa application and process: What you need to know

The petitions for H-1B visas will be accepted from April 2 and the filing of the petition for the fiscal year 2019 will starts on October 1, 2018.

Mar 24, 2018

Flipkart initiates aggressive tech hiring: Is it going Amazon way?

Flipkart has over 700 open positions in technology and related areas and planning soon to open a logistics park in Karnataka for enhancing its productivity.

Mar 23, 2018

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Union Bank of India fraud: Here's all you need to know

The state-owned lender was cheated to the tune of Rs 303.84 crore by a Hyderabad-based construction and infrastructure firm.

Mar 23, 2018

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ONGC, RIL to gain as gas prices set for a steep hike

Indian government may raise domestic natural gas prices to its highest level in two years to $3.06 per mmbtu from April 1.

Mar 23, 2018

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No longer banker to every Indian: SBI closes 41 lakh savings accounts

SBI shut these accounts for not maintaining the average monthly balance, an RTI query revealed.

Mar 23, 2018

Elon Musk could earn more than $50 billion from Tesla pay package

Tesla co-founder Elon Musk will net $50 billion if he meets several key performance milestones over the next decade, according to a filing published by the U.S Securities and Exchange Commission (SEC) on March 21.

Mar 22, 2018

Facebook data leak: Should you delete your account now?

Here's what you can after the recent Facebook data breach incident that leaked personal information of nearly 50 million people to Cambridge Analytica.

Mar 22, 2018

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Indian professionals' favorite work destination: Flipkart, Paytm over Google & Amazon

Directi, Flipkart and Paytm's parent company One97 Communications Limited take top three spots in LinkedIn's third annual list of top companies to work for.

Mar 22, 2018