News for 'Mobile Money'

Cabinet clears plans for mobile services in 7,287 uncovered villages

Cabinet clears plans for mobile services in 7,287 uncovered villages

Rediff.com17 Nov 2021

The Union Cabinet on Wednesday cleared utilisation of the Universal Service Obligation Fund (USOF) for provision of mobile connectivity in 7,287 uncovered villages across five states at an estimated cost of Rs 6,466 crore. Briefing media on the Cabinet decisions, Information and Broadcasting Minister Anurag Thakur said these uncovered villages of 44 aspirational districts across five states of Andhra Pradesh, Chhattisgarh, Jharkhand, Maharashtra and Odisha will get 4G-based mobile services.

Are Plug-In Hybrid Cars The Future?

Are Plug-In Hybrid Cars The Future?

Rediff.com15 May 2024

Plug-in hybrids have two engines and the electric part has a much larger battery than in the regular hybrids. Car companies, led by the Japanese, are pushing the Indian government to look at hybrids in the interim if it wants to reduce carbon emission.

Grilled for 5 hrs, here's what Delhi minister told ED

Grilled for 5 hrs, here's what Delhi minister told ED

Rediff.com30 Mar 2024

Gahlot says he has no knowledge of Nair living in his official accommodation, AAP's Goa activities

Value-add target in new PLI scheme for electronics manufacturing may double

Value-add target in new PLI scheme for electronics manufacturing may double

Rediff.com19 Jun 2024

In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the yet-to-be launched production-linked incentive (PLI) scheme for electronics components, sources in the government

For 2nd straight year, co-location IS preferred mode of F&O trading

For 2nd straight year, co-location IS preferred mode of F&O trading

Rediff.com21 Mar 2024

Co-location may well have a majority share of futures and options (F&O) trading in 2023-24 once again. It accounted for 50.53 per cent of the National Stock Exchange (NSE) derivatives trading turnover in February, higher than the 50.1 per cent share seen in 2022-23 (FY23). The share on the BSE was higher though February numbers showed a dip relative to the previous year.

'No impact of elections on commercial vehicles market'

'No impact of elections on commercial vehicles market'

Rediff.com15 May 2024

'In April, we saw a 10 per cent growth in our own volumes.'

Parliament breach probe: Cops seek details of 'Bhagat Singh Fan Page'

Parliament breach probe: Cops seek details of 'Bhagat Singh Fan Page'

Rediff.com18 Dec 2023

Police have also collected bank account details of all the accused to see if they received money from someone for executing the December 13 incident, police sources said on Monday.

Waze, Param Bir extorted huge money from bookies: Mumbai Police

Waze, Param Bir extorted huge money from bookies: Mumbai Police

Rediff.com6 Nov 2021

The Mumbai Police's crime branch had taken Waze's custody on November 1 based on the complaint filed by builder-cum-hotelier Bimal Agrawal, in which Param Bir Singh is also named as an accused.

5G: Future of mobile communication

5G: Future of mobile communication

Rediff.com3 May 2019

Revenue decline has left the operators with little money to service their mostly 3G and partly 4G infrastructure leading to poor data and voice quality.

11 EV makers get EMPS nod

11 EV makers get EMPS nod

Rediff.com11 Apr 2024

The Ministry of Heavy Industries has approved 11 electric vehicle (EV) manufacturers, including Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to receive incentives under the recently introduced Electric Mobility Promotion Scheme (EMPS) 2024. "A total of 11 firms have been granted approval under the EMPS, with several more under consideration," informed a senior official of the ministry to Business Standard. The scheme aims to sustain the growth in EV sales, replacing the Faster Adoption and Manufacturing of Electric Vehicles - II (FAME-II) scheme.

Sensex revisits 74K; Nifty climbs 168 points

Sensex revisits 74K; Nifty climbs 168 points

Rediff.com25 Apr 2024

State Bank of India, NTPC, Nestle, Sun Pharma, JSW Steel, ITC, Mahindra & Mahindra and HCL Technologies were among the other major gainers.

Modi pitches for mobile banking, Jaitley for digital payment

Modi pitches for mobile banking, Jaitley for digital payment

Rediff.com25 Nov 2016

"You can download mobile applications provided by banks on your phones and I want to urge political leaders, teachers, youth to give training to people on mobile banking," Modi said.

China slams India's decision to ban 54 mobile apps

China slams India's decision to ban 54 mobile apps

Rediff.com17 Feb 2022

China on Thursday criticised India's latest decision to block access to 54 more Chinese mobile apps over security and privacy concerns, saying that the move has damaged the legitimate interests of companies from China. India on Monday blocked 54 more apps with Chinese links, including Tencent Xriver, Nice Video baidu, Viva Video Editor, and gaming app Garena Free Fire Illuminate. The Chinese apps allegedly obtain various critical permissions and collect sensitive user data. The collected real-time data are being misused and transmitted to servers located in a hostile country, sources in India said, adding that the IT ministry has issued interim directions for the blocking of 54 apps.

Aim to make India core in global energy revolution: Ola Electric

Aim to make India core in global energy revolution: Ola Electric

Rediff.com1 Jul 2024

In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Kotak Bank barred from onboarding customers online, issuing fresh credit cards

Rediff.com24 Apr 2024

Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect after the regulator found "serious deficiencies" in the lender's IT risk management. These actions, the RBI said, are necessitated based on significant concerns arising out of Reserve Bank's IT examination of the bank for the years 2022 and 2023 and the continued failure on part of the bank to address these concerns in a comprehensive and timely manner.

How To Calculate Your Retirement Fund: A Step-by-Step Guide

How To Calculate Your Retirement Fund: A Step-by-Step Guide

Rediff.com21 Aug 2024

Are you ready to take control of your financial future? Ramalingam Kalirajan offers a step-by-step guide to calculate exactly how much money you will need when you enter your golden years.

Former SC judge AM Khanwilkar sworn in as Lokpal chairperson

Former SC judge AM Khanwilkar sworn in as Lokpal chairperson

Rediff.com10 Mar 2024

The Lokpal was functioning without its regular chief since Pinaki Chandra Ghose completed his term on May 27, 2022.

Missing Indian student found dead in US, second death in a week

Missing Indian student found dead in US, second death in a week

Rediff.com9 Apr 2024

Arfath's father Mohammed Saleem had said that Arfath last spoke to him on March 7, and since then he has not been in touch with his family.

Jio launches India's first in-flight mobile services

Jio launches India's first in-flight mobile services

Rediff.com25 Sep 2020

Jio has partnered with AeroMobile to launch mobile services on 22 flights on international routes, with plans starting at Rs 499 per day.

Does No One Want To Buy Cars?

Does No One Want To Buy Cars?

Rediff.com2 Jul 2024

Passenger vehicle sales are expected to experience muted growth in the current financial year.

What CII wants Modi 3.0 govt to do to boost growth

What CII wants Modi 3.0 govt to do to boost growth

Rediff.com13 Jun 2024

Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.

India all set to overtake Japan as 4th largest economy by 2025, predicts Amitabh Kant

India all set to overtake Japan as 4th largest economy by 2025, predicts Amitabh Kant

Rediff.com12 May 2024

Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022.

Mobile phone PLI scheme extended by a year

Mobile phone PLI scheme extended by a year

Rediff.com28 Jun 2021

The government on Monday extended the period of production-linked incentive scheme for large-scale electronics manufacturing with a focus on mobile phones by a year until 2025-26. The base year of the scheme 2019-20 remains the same but the companies will have the option to choose their five-year period either from the base year or the year 2020-21 for calculation of the incentives under the scheme. "Now we have extended the tenure of the scheme from 2020-21 to 2025-26. "Earlier, it would have ended in 2024-25.

Excise policy: ED questions another Delhi minister

Excise policy: ED questions another Delhi minister

Rediff.com30 Mar 2024

The Enforcement Directorate questioned Delhi minister Kailash Gahlot for about five hours on Saturday and recorded his statement in connection with a money-laundering investigation linked to the Aam Aadmi Party government's now-scrapped excise policy, officials said.

Modi won't debate with me because...: Rahul

Modi won't debate with me because...: Rahul

Rediff.com18 May 2024

Gandhi said the debate would end after these two questions only, but he also wants to ask the prime minister why did he ask the public to bang plates and flash mobile phones when people were suffering from the Covid pandemic.

5G mobiles account for 22% of India's smartphone shipment

5G mobiles account for 22% of India's smartphone shipment

Rediff.com9 Nov 2021

Shipment of 5G smartphones in the country continues to gain traction and such devices accounted for 22 per cent market share in the third quarter of 2021, according to CMR. As per CMR's India Mobile Handset Market Review Report for Q3 2021, more than 20 5G-capable smartphones were launched over the course of the quarter.

Modi launches 5G mobile services, calls it dawn of new era

Modi launches 5G mobile services, calls it dawn of new era

Rediff.com1 Oct 2022

Prime Minister Narendra Modi on Saturday inaugurated the 6th India Mobile Congress at Pragati Maidan in Delhi and launched 5G services. The 5G telecom services seek to provide seamless coverage, high data rate, low latency and highly reliable communications system. The three major telecom operators of the country demonstrated one use case each in front of the prime minister to show the potential of 5G technology in India.

Cleaner Fuels Driving One-Fifth Of PVs Sold In India

Cleaner Fuels Driving One-Fifth Of PVs Sold In India

Rediff.com18 Jun 2024

Auto manufacturers have focused on launching CNG variants of their popular models to meet consumer demand for vehicles with lower running costs.

Facebook, ATMs for transferring money? It's instant, safe

Facebook, ATMs for transferring money? It's instant, safe

Rediff.com10 Feb 2015

Fund transfer through Facebook is meant for tech-savvy customers.

'Brilliant businesses were not built on money, but on great ideas'

'Brilliant businesses were not built on money, but on great ideas'

Rediff.com6 Feb 2023

'People will say a lot of things -- ignore the noise.'

How DoT Plans To Check Rising Spam

How DoT Plans To Check Rising Spam

Rediff.com15 May 2024

Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

The major decisions taken by the GST Council

The major decisions taken by the GST Council

Rediff.com22 Jun 2024

In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held in New Delhi.

'VinFast has committed $500 million to Tamil Nadu'

'VinFast has committed $500 million to Tamil Nadu'

Rediff.com10 Apr 2024

'Our objective is to reach a localisation rate of 50% in the span of five years.'

'Against Trump, Kamala Is Formidable'

'Against Trump, Kamala Is Formidable'

Rediff.com30 Jul 2024

'Just think about it. She's a prosecutor, he's a convicted felon. I love that juxtaposition.' 'She's a woman, and she's black and South Asian. He's a white guy who grew up with enormous [wealth].' 'She grew up in a very average, lower middle class/middle class kind of setting with a single mother.'

Leaning in: Isha Ambani beyond Reliance Retail

Leaning in: Isha Ambani beyond Reliance Retail

Rediff.com16 May 2024

Isha Ambani means business. Not only when she is doing business - she leads Reliance Retail - but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49-second video address on the occasion of "Girls in Information and Communications Technology (ICT) Day India 2024".

'This Is The Action Of A Scared Government'

'This Is The Action Of A Scared Government'

Rediff.com4 Oct 2023

'How can a journalist be accused of terrorism when there is no overt act of terror committed?'

Finnish firm HMD Global unveils strategy to recover lost ground

Finnish firm HMD Global unveils strategy to recover lost ground

Rediff.com20 Feb 2024

Can the launch of smartphones under its own brand name by Finnish company HMD Global - despite having a licence to use the Nokia brand which it bought from Microsoft - help it regain its once dominant position in the mobile phone sweepstakes in India, where it was once routed? In 2009, Nokia was the country's largest MNC with revenues of $4 billion and a market share touching 80 per cent in 2010. After this, its fortunes fell. Although it had been the first global player to set up an assembly plant, not only to assemble phones for the local market but for exports, it had to shut down operations in 2014.

'New Investors Won't Digest Such Falls'

'New Investors Won't Digest Such Falls'

Rediff.com23 Jan 2024

'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.'