Muthoot Finance Recently received in-principle approval from RBI to set up White Label ATMs. The company has already chalked out setting up 1,000 such ATMs in the first year and another 8,000 in the next two years.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
Based on the estimate, a courier bringing in 1 kg of gold currently worth around $40,000 at world prices could earn $470 if not caught.
Bharti may look at gaining market share pre-merger and benefit from a lower capex intensity
'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
The ace long jumper will leave for California on Wednesday.
Aiming to provide seamless state-of-the-art communication network, RailTel - the telecom arm of railways - will launch Railwire, a high capacity broadband service, in rural and remote areas of the country.
Ushering in a new era of movie watching, the Union government allowed multiplexes, cinema halls and theatres to reopen from Thursday within the framework of a set of standard operating procedures.
Tobacco will be subjected to the highest tax slab of 28 per cent and an additional cess. The current rates of taxation on cigarettes and chewing tobacco are about 64 per cent and 81 per cent, respectively.
Not only is the number of native language users set to grow faster than English users over the next five years, these users are more likely to lead a more active digital life. Arundhuti Dasgupta & Urvi Malvania find out how brands are rethinking digital marketing plans to accommodate this.
Close on the heels of Kenya, which recently set on fire over a hundred ton of its ivory stockpile, experts in India are mulling a similar provision to destroy the "white gold" to send a strong message against poaching.
India is too diverse to be governed centrally and with a single system. The way forward is for the central government to keep the monopoly of military power and a share of national resources while the provinces must have greater autonomy, recommends Colonel Anil A Athale (retd).
Companies are reaching out to travellers who'd booked packages for Gopalpur and Puri for a stay later this month and November, to update them on the situation.
The government's focus is on containing and controlling coronavirus the ministry of external affairs said on Thursday and advised Indians to stay put wherever they are and travel only under compelling reasons.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities
Even if the government didn't plan for demonetisation properly, it could have taken steps on a war footing later to ensure the situation improves.
Rediff readers share their experience of autos and taxis in India.
In a first, Opposition-ruled states on Saturday got the Centre to delete from the records three minutes of the last GST Council meeting that provided for tweaking of agreed criteria for division of taxpayers under the Goods and Service Tax regime.
The superstar's much-awaited film Kabali is set to release on July 22.
As India prepares for a calibrated exit from the lockdown by easing more restrictions, 'Unlock-1 -- the first of the three-phase plan for reopening of prohibited activities in non-containment zones with a stringent set of Standard Operating Procedures(SOPs) -- kicks in at a time when the country recorded a daily jump of COVID-19 cases by over 9,000 for the fifth straight day on Sunday.
While the brand did step into cities such as Delhi in the last few years, it is now stitching up an expansion strategy aimed at partaking of growth in areas where consumption of ice cream remains strong.
Women candidates have bagged the three top slots in the prestigious Civil Services examination to select Indian Administrative Service and Indian Police Service officers among others.
The Pradhan Mantri Jan Aushadhi Yojana or PMJAY has not been a runaway success by any yardstick. Not all stores are running, and many are poorly stocked.
The new-age traveler is no longer into ticking a checklist of must-see spots on his holiday. He is ready to pay a premium to experience culture, crafts and culinary delights of the local populace
'The BJP can kill two birds with one stone by wresting back control of the message; and the steps are fairly obvious. Once the media is neutral, there is a level playing field,' argues Rajeev Srinivasan.
The endless wait to get valid currency notes was also taking a toll on people waiting for hours in long queues as there were reports of many elderly people collapsing out of fatigue.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
"Our neighbouring country thinks such terror attacks can weaken us, but their plans will not materialise," he said at a function to flag off a new semi-high speed train from Delhi to Varanasi.
A PTI tally of figures announced by different states and union territories, as of 9.25 pm, showed a higher number of 1,76,792 confirmed cases and at least 5,100 deaths. It also showed nearly 86,000 recoveries and close to 85,700 active cases.
Though it's been just five years at the helm, Mamata Banerjee's Trinamool Congress is fighting severe internal dissidence and would crumble like a pack of cards if it loses, says Devanik Saha.
A Ganesh Nadar shares interesting vignettes that usually get lost in the heat-and-dust of election coverage.
'It is time again for Durga Puja.' 'Time again to be struck by India's astonishing cultural irony, one where the female form is worshipped as divinity while millions of real women are forced to lead restricted lives,' notes Shuma Raha.
The next meeting of the GST Council on January 16 would discuss the issue of jurisdiction over assessees as well as try to reach a finality on taxation of territorial waters
On a visit to India in 2013, writer Ved Mehta -- who passed into the ages on Sunday January 10, 2021 - gave Rediff.com's Vaihayasi Pande Daniel a rare glimpse into his state of mind and what he thinks of the changes he encounters in his motherland.
'The highlight of the interview process is it is robotic.'
With fake products and machine-made mirrors making its way into the market, an age-old art form is under threat.
