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Govt abolishes FDI clearance body FIPB after 25 years

Earlier in February, Finance Minister Arun Jaitley had announced that the FIPB would be abolished in financial year 2017-18. The Finance Minister was speaking in the Lok Sabha during annual budget presentation.

Zomato will start a bug bounty program, like the hacker demanded. In return, the hacker agreed to destroy the user data with him.
Flipkart, which is frequently referred to as 'The Amazon of India' has become a hallmark of growth in Asia, the report said.
Premji Invest is a minority shareholder in Snapdeal, and had invested in the e-commerce company in May 2014.
Several fast moving consumer goods or FMCG companies are offering major discounts to sell-off their inventories before the new tax rates are effective.

Some of the top Infosys executives drew more than 100 per cent hike in total compensation in Financial Year 2017 as against Financial Year 2016.
The USP of the smartphone is its home-grown BeautyLive app which, the company claims, is the world's first real-time beautification technology.
German carmaker Volkswagen today launched its much awaited second generation Tiguan in India. Tiguan would be Volkswagen's second SUV in the Indian market.
The company joins a growing number of organisations adopting such strategies for a variety of reasons, ranging from cutting the flab to automation.
Steel homes will not only enhance the steel consumption in the country and augment infrastructure, but will also be extra strong and durable.
Aamir Khan-starrer Dangal has already released in China and is doing really well.