'The money is safe with the payment services solutions provider'.
The idea was that despite some defaults the high rates would assure good profits.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
As Narendra Modi and his ministers vigorously campaign for a shift to a cashless society, Rediff.com's Syed Firdaus Ashraf reports on what is really happening on the ground.
It also expressed confidence that the cleaning operation will be finished in a couple of days.
Subramanian Swamy said if income tax is abolished, middle class will deposit money in banks which can be invested in manufacturing.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.
Also, after years of rumours and speculation, Apple unveiled its first wearable device, Apple Watch.
.jpg)
Banking as we know it will stand on its head in the next 10 years.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).
Tech giant says it's also targeting millions of small ventures and other potential users.
Largest bidder says FTIL not following correct process and MCX not extending cooperation; FTIL and MCX say cooperating fully
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
Though e-commerce opens a new world for the handicraft industry, empowering craftspersons still remains a real challenge.
Key to Modi's plan will be the interest rates offered for gold deposits.
Shopclues, the latest unicorn, was at the bottom of the sector loss pie.
Online shopping is the new buzzword amongst masses.
It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.
Profit of $18 billion was the biggest ever reported by a public company, worldwide.
Aditya Puri thinks the government is on track.
This was among the few times that TCS had to deploy rapid application development mode, which means changes in the application happen on-the-go.
Keep in mind interest rate, tenure and additional charges if you exceed credit card limit
ICICI bank waives ATM charges.
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
Walmart, the world's largest retailer, is hoping to get more than 30,000 consumers through its e-commerce pilot project that will be launched in the first week of July.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
The much-awaited event is finally over. And here is what you need to know about it!
'She must first change the Rules of Business 1961 that makes the defence secretary and not the defence minister responsible for the defence of the country!' says Colonel Anil A Athale (retd.)
Monsoon is expected to be normal in June.
It's not easy to ignore the newspaper ads with Diwali offers.
Want to spend more this festive season on your credit card? This is what it takes...
Riding on e-commerce wave is the youngest state, which faces competition from neighbours.
Distress sales, market closures and anchoring of fishing fleets have been reported from West Bengal, Andhra Pradesh, Tamil Nadu and Kerala.
There is mounting evidence that the Information Revolution may mean the end of large-scale vertically integrated businesses whose guiding principle, "economies of scale", was the defining miracle of the Industrial Age.
'This wipes out the entire black money in the nation in one stroke. Ninety per cent plus of the black money is kept in Rs 500, Rs 1,000 notes. What they have done is a brilliant move.'
Sensex in green in afternoon trade.
The Information Technology Act needs another tweak to allow a different kind of information intermediary to flourish, says Ajit Balakrishnan.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
