For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal Bandyopadhyay.
'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
State govt asks the two taxi aggregators to end surge pricing.
Banks play 'mind games' to woo customers. Big data and 'games' are now the tools of the trade.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
Make no mistake, Reliance's entry into Indian e-commerce cannot be taken lightly. It is akin to a combine of AT&T and Wal-Mart challenging Amazon on its home turf, says Shailesh Dobhal.
The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.
Till the lockdown was imposed in March, more than 200 Zee staffers had spent over 2,500 hours across 28 regions in Punjab, Bihar, Madhya Pradesh, Karnataka, Tamil Nadu, Andhra Pradesh and West Bengal to understand the audiences. The effort paid off, again and again.
Speaking at a fireside chat with Microsoft CEO Satya Nadella, he said the big change driving this transformation was the deepening of mobile networks which were working at a much faster pace than before.
The data shows the average room rate of two-star hotels increased by 8.5 per cent in FY18, even though it lagged on occupancy at 61.8 per cent, down 1.4 per cent year-on-year
Deloitte's recruitment process will involve a resume screening, a telephonic interview, and a face-to-face interview if you apply online, says Sarvesh Agrawal.
US taxi-hailing firm raises the money from Saudi Public Investment Fund to support global expansion.
I-T officials say many lawyers, CAs, consultants, designers have not filed their TDS
Some of the sops being offered to rope in new clients and retain the existing ones are cashbacks, reduced fee, and customised consultancy for clients.
Union Health Minister Harsh Vardhan on Thursday said the government was aiming to bring down India's Covid-19 mortality rate to less than 1 per cent from the current 1.64 per cent, which is still the lowest in the world.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
Almost each of these companies has a different technology to show for the effectiveness against microbes.
At 47 protests a day, the state has become the most restive in the country and investors are becoming increasingly wary
Companies making larger profits are now paying a lower rate of effective tax because of concessions
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
Any NGO critical of the government is unlikely to receive a green signal. The new amendment will leave NGOs vulnerable to harassment. It was the NGO sector that helped provide compassion and food to millions of people during the lockdown. The new Bill will render such cooperation and camaraderie impossible in future, observes Rashme Sehgal.
Companies wanting to consider treaty benefits and deducting tax at a lower rate will have to examine the qualitative factors. They will have to consider whether FPIs are liable to tax and whether they are the beneficial owner of dividend income.
India Inc's fund raising spree for expansion and growth plans has pushed up the figure of loans gathered by companies to a record $7.3 billion (about Rs 29,600 crore) so far this year, a latest report says.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
IBM has chosen Surat, Allahabad and Vizag among 16 global locations for its smart cities programme.
The company is to act as an ISP across rural areas for local entrepreneurs.
'Zero Day' visitors like Maruti Suzuki, TVS, Tata Motors, Hero MotoCorp, Ashok Leyland and Bajaj Electricals are visiting fewer campuses.
As campaigns against Chinese brands intensify and the virus keeps people indoors, Vivo plays it slow with a digital-first launch plan.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
Companies that have a net worth of at least Rs 500 crore, a turnover of Rs 1,000 crore or a net profit of Rs 5 crore are required to spend 2 per cent of their net profits on corporate social responsibility programmes.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
'Gold could return 10% to 12% in the next two-three years.'
Amazon India has caught up with Flipkart and overtaken Snapdeal in terms of monthly unique visitors.
Filing your tax returns may seem like a lot of paperwork, but it is swift and smooth once you start with a clear plan, says Anil Rego.
Staying healthy can reduce your next premium. Through wellness programmes, policyholders can get discounts ranging from 8 per cent to 30 per cent.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
