Business Today

Directors can now submit KYC form with reduced fee till Oct 5

Around 21 lakh directors failed to submit the requisite details when the deadline set by the Corporate Affairs Ministry ended on September 15.

India proposed Anil Ambani's Reliance for Rafale deal: Former French President Hollande

According to French website Mediapart, the ex-French President said that his government "did not have a say" in choosing Anil Ambani's company for Rafale deal with India.

India's poverty rate nearly halved to 28% between FY06 and FY16: UNDP report

According to UNDP, the MPI looks beyond income to understand how people experience poverty in multiple and simultaneous ways

How Vijaya Bank compensates for Dena Bank's inclusion in merger with Bank of Baroda

The strategy which the government has adopted is merging one weak bank with its stronger counterparts.  In this case, the weaker bank is Mumbai-based Dena Bank. The lender came under prompt corrective action of the RBI in May 2017 in view of high Net NPA and negative RoA (return on assets) and now faces restrictions on lending and several other bank operations.

Google may be tracking your offline purchases with Mastercard's help

Advertisers in the United States have been able to track the correlation between the online ads and offline purchases, thanks to a deal between Google and Mastercard that was finalised last year.

 
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From The Magazine

Need to Avoid Panic

After the rupee plunged to new lows against the dollar, having depreciated to close to 73, the government has finally acted by announcing a slew of measures to prop up the currency.