The state-owned bank is yet to clarify whether this technical...
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K’taka CM Siddaramaiah writes to Delhi to expedite releasing drought relief funds
Siddaramaiah,Chief Minister,Karnataka The chief minister pointed...
InGovern alleges regulatory breach in ESOPs to Religare Enterprises chairman, seeks regulatory probe
Rashmi Saluja, chairperson, Religare Enterprises Limited Shares of...
SC holds Anil Ambani guilty in Ericsson’s contempt case, to be jailed if fails to pay Rs 453 cr
“Unconditional apology by Reliance can’t be accepted given the attitude of the deponent to the highest court of the land. Three Reliance companies had no intention of payment of money, it amounts to contempt,” SC said.
Indians grossly underprepared to face the financial instability caused by eventualities: Max Life Survey
Prashant Tripathy, Managing Director and CEO, Max Life Insurance said: “The survey reveals some interesting and startling findings about the state of protection in the country as well as the attitudes, behaviours and apprehensions that people have around life insurance. Term Insurance, despite being the most fundamental and cheapest form of financial protection, still lacks a significant uptake in urban India. There is an urgent need for Indians to understand the true value of protecting one’s family from the uncertainties of life. We hope the results of this study, act as a wake-up call for consumers and the industry at large and help increase financial protection in the country.”
NPCI identifies new type of digital banking frauds
The entire ecosystem including Banks & Fintech companies have to work collectively towards creating awareness and educating customers to refrain from sharing their account/card credentials, OTP/PIN and/or giving access to their mobile handsets to unscrupulous persons through such remote screen access apps.
Breather for startups: Govt raises investment cap for angel tax concession
“An entity shall be considered as startup if its turnover for any of the financial year, since its incorporation or registration, has not exceeded Rs 100 crore instead of the existing Rs 25 crore,” the official said.Besides, investments by listed companies with a net worth of Rs 100 crore or turnover of Rs 250 crore into an eligible startup shall be exempt from the section 56 (2) (viib) of the Income Tax Act, beyond the Rs 25 crore limit.
Single emergency helpline number ‘112’ aunched in 16 states, UTs
The ERSS is an integration of police (100), fire (101), health (108) and women (1090) helpline numbers to provide emergency services through the single number ‘112’.
SBI Gen ties up with Policybazaar for selling travel insurance policies
The travel plan available on Policybazaar portal is designed to cater to a wide segment of consumers across all age groups, for travel duration up to 180 days.Drawing on the SBIG Insurances experience and robust network globally, the travel plan will offer a dedicated 24*7 helpdesk and toll-free numbers for availing assistance in US and Canada
How tech giants are safeguarding global data centres from cyber attacks
“While physical security is given utmost importance at data centres, it is critical for organisations to beef up their cybersecurity posture through regular vulnerability assessments and penetration testing to check their readiness to tackle cyber threats,” Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal Technologies Limited, told IANS.
Portal launched for real-time info on available depth on national waterways
LADIS will ensure that real-time data on least available depths (LADs) is disseminated for ship, barge and cargo owners so that they can undertake transportation on national waterways (NWs) in a more planned way.
27 more Delhi hotels to shut over fire safety violations, NoC cancelled for total of 57 in 3 days
In the last three days, the fire department of government has cancelled no objection certificate (NOC) of 57 hotels, ordering their closure as part of its drive in the aftermath of the Karol Bagh fire incident.
Citi India CEO lost RBI confidence
The RBI around the end of last year informed Citigroup that it wouldn’t approve a new term for Pramit Jhaveri, who had been India chief executive officer (CEO) for almost a decade, people with knowledge of the matter said. That prompted the bank, which had planned to nominate Jhaveri for another three-year term, to change course and move him to another position, the people said, asking not to be named.