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Bank of Baroda is now third largest lender as Dena, Vijaya merger take effect

by AIP Online Bureau | Mar 31, 2019 | Uncategorized

  Mumbai: State-run Bank of Baroda is catapulting itself for a larger play in the system with the merger of Dena Bank and Vijaya Bank with itself from March 31.   The government-forced merger, announced last in September, creates the third largest bank in...

Govt extends deadline for linking PAN with Aadhaar till Sept 30

by AIP Online Bureau | Mar 31, 2019 | Eco/Invest/Demography, Indian News, Policy

  New Delhi: The government on Sunday extended the deadline for linking PAN with biometric ID Aadhaar by six months till September 30, as per an official statement.   However, quoting of Aadhaar will remain mandatory for filing income tax returns (ITRs),...

India has huge potential, the real question is speed of growth: Indra Nooyi

by AIP Online Bureau | Mar 31, 2019 | Eco/Invest/Demography, Indian News

  New York: India has a huge potential and the real question is the speed of growth and how many roadblocks it is willing to remove, former PepsiCo chairperson Indra Nooyi has said.   Nooyi, in October last year, stepped down as the CEO of the global...

Foreign investors pull out Rs 44,500 crore from Indian market in 2018-19

by AIP Online Bureau | Mar 31, 2019 | Eco/Invest/Demography, Indian News

  New Delhi: Despite heavy fund infusion by FPIs over the past two month, the domestic financial market suffered a foreign fund outflow of over Rs 44,500 crore on net basis in the fiscal 2018-19 as macroeconomic headwinds weighed on investor sentiment through the...

Jeff Bezos’ phone hacked by Saudis to access personal data: Investigator

by AIP Online Bureau | Mar 31, 2019 | Uncategorized

  The investigator hired to look into the release of intimate images of Jeff Bezos said Sunday he has concluded that Saudi Arabian authorities hacked the Amazon chief's phone to access his personal data.   Gavin de Becker linked the hack to extensive...
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