Thursday , March 23 2017

Business News

TDSAT reserves order on appeal for stay on Jio promo offer


Telecom Tribunal TDSAT reserved its order on an interim appeal seeking a stay on Reliance Jio’s free promotional offer. The appeal sought to restrain the telecom operator Reliance Jio from providing its users the zero tariff plan and promotional offers. Telecom tribunal Telecom Disputes Settlement and Appellate (TDSAT) today reserved its order ...

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Gold sales won’t fall any more, says WGC


According to WGC reports, the demand for the gold is unlikely to fall and Indian consumers are likely to buy between 650 tonnes and 750 tonnes of gold in 2017.  The industry body World Gold Council (WGC) on Wednesday said that the gold demand is improbable to decrease further from the current ...

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India loses 11 billionaires after Demonetisation:Hurun Global Rich list report

Mukesh Ambani

Hurun Report says that demonetisation impacted on India’s Eleven Top Billionaires whose wealth declined, while  Mukesh Ambani retains his position as the richest Indian, with estimated wealth of $26 billion and ranks 28th position Globally. Hurun Global Rich List says that the number of billionaires in India fell after demonetization. Flipkart founders ...

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US decision on H1-B visas will impact IT companies: Nasscom


Nasscom said it will work with the UnitesStates Embassy in India to ensure that movement of professionals is not hit by such process issues. The trade association of Indian Information Technology and Business Process Outsourcing industry-National Association of Software and Services Companies (NASSCOM)  said, United States decision to temporarily suspend the premium processing of H1B visas ...

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Uber India apologises to Riders and drivers


Uber India apologises to users, drivers for for disruption of services over the last few days but says drivers earn Rs 2,500 for 6-hour workday. Uber Technologies an online transportation network company which develops, markets and operates its software application, which allows the users to request for car transport or food delivery ...

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Justice Arijit Pasayat : Rs 70,000 Crore Black Money Detected

Justice Arijit Pasayat

Deputy Chairman of the Supreme Court, Justice Arijit Pasayat revealed that  Rs 70,000 crore black money was detected so far and the sixth report on it will be submitted to the apex court in the first week of April. Cuttack: Special Investigating Team (SIT)  was appointed by Justice Arijit Pasayat, ...

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HDFC, ICICI and Axis banks to charge Rs 150 after 4 free cash transactions a month

Private banks charge of Rs 150

The private banks HDFC, ICICI, Axis Bank to charge Rs 150 after four free cash transactions in order to encourage cashless and digital payment drive. New Delhi: India’s leading private banks HDFC, ICICI and Axis Bank said on Wednesday they will charge a minimum of Rs 150 for cash deposits and ...

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Regardless of Demonetisation India’s GDP grew at 7 %


The official data released on Tuesday reveals that Demonetisation hasn’t impacted the growth of India’s GDP. New Delhi: The data released on Tuesday shows that Demonetisation hasn’t impacted the Gross domestic product (GDP) growth, the Indian economy performed better than expected at 7 percent in the October- December quarter of 2016. ...

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Nasscom Persuade for level fields On H1-B visa Issue


NASSCOM announced a delegation that would head to Washington DC and stay there from February 23 to March 2. The trade association of Indian IT and BPO  industry “The National Association of Software and Services Companies “(NASSCOM). The association which enables trade in software and services encourages the advancement of research in software technology and businesses. ...

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