BS Reporter &Amp; PTI

Stories by BS Reporter &Amp; PTI

Accounts under Jan Dhan Yojana? A whopping 87.6 million!

Accounts under Jan Dhan Yojana? A whopping 87.6 million!

Rediff.com   17 Dec 2014

During a video conference with the executive directors of both private and public sector banks, the banks were directed by the government to open at least one account for an adult member of every household.

'India Inc not doing enough to tackle fraud'

'India Inc not doing enough to tackle fraud'

Rediff.com   17 Dec 2014

This was reflected in India Inc's lackadaisical attitude towards sensitising employees on fraud prevention.

GST Bill set to be tabled as states' key demands met

GST Bill set to be tabled as states' key demands met

Rediff.com   16 Dec 2014

After securing Congress support for a rise in the foreign investment cap in the insurance Bill, this is another key reform Bill where the Centre has managed a broad consensus.

Nearly 500 US cos keen to participate in Vibrant Gujarat 2015

Nearly 500 US cos keen to participate in Vibrant Gujarat 2015

Rediff.com   16 Dec 2014

As many as eight nations are participating in Gujarat government's flagship biennial event

Tech cos biggest wealth creator for investors in last 5 years

Tech cos biggest wealth creator for investors in last 5 years

Rediff.com   13 Dec 2014

TCS, Eicher Motors and Kotak Mahindra Bank have turned out be the fastest and most consistent wealth creators.

Vinod Khosla condemns Indian govt's decision to ban Uber

Vinod Khosla condemns Indian govt's decision to ban Uber

Rediff.com   13 Dec 2014

Silicon Valley-based billionaire and prominent venture capitalist Vinod Khosla on Friday condemned government's decision to ban internet-based taxi aggregator Uber following the alleged rape incident in Delhi recently.

India ban: Who will gain from Xiaomi's loss?

India ban: Who will gain from Xiaomi's loss?

Rediff.com   12 Dec 2014

If the Delhi HC order stays effective, Xiaomi would lose the fastest growing smartphone market.

Implement food Act by April 4, Centre to states

Implement food Act by April 4, Centre to states

Rediff.com   11 Dec 2014

According to government's estimates, there are around 110 million APL families in the country, who get 11-25 kg of foodgrain a month.

How Ikea is responding to Modi's 'Make In India' call

How Ikea is responding to Modi's 'Make In India' call

Rediff.com   11 Dec 2014

Recently, Prime Minister Narendra Modi had given a call to industry to 'Make in India' in a move to step up the country's manufacturing strength.

SpiceJet given more time to clear dues

SpiceJet given more time to clear dues

Rediff.com   11 Dec 2014

A senior government official informed AAI had agreed not to withdraw the credit facility of SpiceJet till Monday.

CITU-led union threatens strike over passage of coal Bill

CITU-led union threatens strike over passage of coal Bill

Rediff.com   10 Dec 2014

According to coal ministry officials, the Bill is likely to be introduced in the Lok Sabha on Wednesday. The Coal Mines (Special Provisions) Ordinance, 2014 was brought in October this year in the wake of the Supreme Court's decision cancelling 214 coal blocks.

Allow banks to keep gold as part of liquidity reserves: WGC

Allow banks to keep gold as part of liquidity reserves: WGC

Rediff.com   10 Dec 2014

Gold demand in India -- one of most avid purchasers -- is interwoven with culture, tradition, the desire for beauty and the desire for financial protection.

Chinese partner to dress up Vimal

Chinese partner to dress up Vimal

Rediff.com   10 Dec 2014

According to the agreement, RIL will transfer its existing textile business under the Vimal brand into a newly incorporated company in which RIL will hold 51 per cent stake. The remaining 49 per cent stake will be sold to Ruyi.

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Around 55% land bank of SEZs in Tamil Nadu lying vacant

Rediff.com   10 Dec 2014

Around 55 per cent of land in the 36 operational special economic zones (SEZs) in Tamil Nadu is lying vacant owing to various reasons, including the recent economic slowdown.

Anti-bribery initiatives: Miles to go for India Inc

Anti-bribery initiatives: Miles to go for India Inc

Rediff.com   9 Dec 2014

55% of respondents still unsure if their employer has a specific anti-graft policy.

RBI eases rules for white label ATMs

RBI eases rules for white label ATMs

Rediff.com   6 Dec 2014

WLA operators will have an option to provide facilities for Dynamic Currency Conversion for international cards.

Franchise India, Religare tie up for Rs 500-crore loan

Franchise India, Religare tie up for Rs 500-crore loan

Rediff.com   6 Dec 2014

The country's franchise industry is estimated at $24 billion with a year-on-year growth of 30 per cent.

Monte Carlo IPO bought eight times

Monte Carlo IPO bought eight times

Rediff.com   6 Dec 2014

Monte Carlo has raised a little above Rs 100 crore (Rs 1 billion) from anchor investors at Rs 645 a share.

RBI wants code of conduct for banks on customer rights

RBI wants code of conduct for banks on customer rights

Rediff.com   6 Dec 2014

The RBI is thinking of a model code of conduct for banks, to ensure customer rights in line with the earlier charter it had framed in this regard.

Investor-friendly railway framework soon: Minister

Investor-friendly railway framework soon: Minister

Rediff.com   6 Dec 2014

Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.