Wednesday , May 23 2018

Business News

IT Major Company Cognizant Likely To Lay Off its 6,000 Employees


Analysts say that many IT roles will soon become redundant due to the impact of automation on lower-end jobs. IT major Cognizant, which had significant operations in India, is likely to cut at least 6,000 jobs of the company, accordingly to most of the people are familiar with this matter. ...

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Vodafone India ties up with Amazon Prime Video

Vodafone India - Amazon Prime Video

Vodafone India enter into a partnership with Amazon Prime Video to provide special offer on Vodafone SuperNet 4G network. Telecom Operator Vodafone India said that it has entered into a partnership with Amazon Prime Video India to facilitate its users to access large selection of Bollywood, Hollywood, regional movies, US TV ...

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Yes Bank to aid 12 startups for fintech business

Yes Bank

Yes Bank’s accelerator program for fintech Business chooses 12 startups for its inaugural cohort. Yes Bank has chosen 12 fintech startups that are set to join its inaugural cohort of its accelerator programme. The Yes Bank Business Accelerator Program was set up in association with startup incubator T-Hub, startup advisory ...

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Bharat Petroleum plans to enter travel business with Happy Roads

Bharat Petroleum

Bharat Petroleum plans to enter into travel business with Happy Roads start-up, which is aimed at helping travelers plan and execute road trips. India’s second largest oil marketing company Bharat Petroleum Corp. Ltd (BPCL) is planning to enter the travel business with its personal travel offering, Happy Roads, which would help ...

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Indian Rupee Hit 16-month high Against US dollar

Indain Rupee

The Indian rupee rose against the U.S. dollar on the eve of a widely-anticipated Federal Reserve rate hike. The rupee was trading at 65.69 per dollar, the highest level in 16 months. The Indian rupee continued its stellar run against the United States dollar to finish at a fresh 16-month ...

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Gujarat enters into E-marketplace for small and large business units

B2B e-marketplace

Gujarat government entered into an agreement with to provide E-marketplace for businesses and make a digital economy in the state. The Gujarat administration has entered into B2B e-commerce space by a contract with a global cloud-based solutions provider to develop a B2B marketplace for accelerating its growth in ...

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RBI removes cash withdrawal limit


RBI removed the limits on cash withdrawals from savings bank account post demonetisation of high denomination currency notes ended on Monday. The Reserve Bank of India (RBI) gave Indians a Holi gift and removed all the restrictions on saving bank cash withdrawals from banks as well as ATMs put after the ...

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Holding old notes is Illegal, says Centre

Demonetised notes

The central government told the supreme court, holding old notes of Rs 1,000 and Rs 500 after the deadline of December 31 is “illegal”. The central government informed the Supreme Court that holding old notes cof Rs 1,000 and Rs 500 after the deadline of December 31 is “illegal.” Attorney General Mukul ...

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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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