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BusinessToday.In
New Delhi, July 20, 2018
In a letter to the chief executives of banks, the finance ministry said that the banks should start providing NFC-enabled credit and debit cards as it is the next generation of innovation in plastic money.


Devika Singh
New Delhi, July 20, 2018
New-Delhi based online lending platform StashFin has partnered with non-banking finanace company DMI Finance to raise Rs.30 crore for lending through their platform.


BusinessToday.In
New Delhi, July 17, 2018
Flipkart is conducting its Big Shopping Days sale that will go on till July 19. The sale seems to be a counter to Amazon's Prime Day sale. While the Prime Day is exclusive to Prime members, Flipkart's sale has no such limitation.


BusinessToday.In
New Delhi, July 13, 2018
Features like train search without login, easy-to-use web interface, alternative accommodation facility, etc, have been incorporated in the new IRCTC portal, whose final version was launched on June 13.


Mail Today Bureau
July 11, 2018
As part of mega anniversary sale, IndiGo is offering 12 lakh seats for travel between July 25, 2018 and March 30, 2019 across the 6E network including the international routes.


Reuters
July 10, 2018
A packed initial public offering (IPO) calendar in the coming months will include a $4 billion deal from online food delivery-to-ticketing services platform Meituan Dianping and an up to $10 billion IPO from China Tower, the world's largest mobile tower operator.


BusinessToday.In
New Delhi, July 9, 2018
The POS machines will be rolled out by Goa State Transport that's partnering with HDFC bank and is expected to deter tourists from flouting traffic rules.


BusinessToday.in
New Delhi, July 5, 2018
Arun Jaitley calls for amendments in graft law, says it's anarchic and hurts decision makingUnion Minister Arun Jaitley on Tuesday called for amendments in the Prevention of Corruption Act -- a graft law that the Minister described as anarchic and one of the most badly drafted pieces of legislations. His statement came weeks after the Pune police on June 21 arrested the entire top management of the state-run Bank of Maharashtra for a loan of Rs 94.5 crore to the scam-tainted developer DSK Group allegedly in violation of its lending rules. Coming down heavily on the Pune Police for the arrest, the Minister said that nobody should overlook the federal structure of the nation. Jaitley further said that if the country wants an effective decision making process, it needs to put this entire relationship between investigation, who to investigate, when to investigate, what constitutes a crime, really in its place.NCLT verdict in Tata-Mistry case to be pronounced on July 9The Mumbai bench of NCLT (National Company Law Tribunal) on Wednesday deferred its judgement on ousted Tata Sons chairman Cyrus Mistry's petitions against the Tata Group. The NCLT order in the Tata-Mistry case will now be pronounced on July 9 at 10:30 am. Ahead of the verdict, Mistry had filed fresh salvo at Tata Sons management. The former chairman questioned the rationale behind some actions like the free sale of its telecom arm to Airtel, and massive debt-driven acquisitions by Tata Steel. Mistry has sought accountability and information from the board of Tata Sons in which his family owns 18.34 per cent.MSP hike draws mixed reaction from agri-experts, farm bodies  Agri experts and farm bodies today said the hike in the minimum support price (MSP) of 2018-19 kharif crops would lead to inflation, widen fiscal deficit and hit badly the export of commodities like cotton, while others felt the raise in support price was insufficient. In absolute numbers, the paddy MSP hike by Rs 200/quintal to Rs 1,750 for this year is a record but not in percentage terms, said agriculture expert Ashok Gulati . Gulati cautioned that the sharp rise in cotton and rice MSP will hit exports badly and lead to increase in government procurement. Merkel warns Trump against trade war  German Chancellor Angela Merkel today warned US President Donald Trump against unleashing an all-out trade war after he threatened to impose steep tariffs on cars from the European Union. Merkel said both sides were effectively locked in a \"trade conflict\" since Trump's decision to slap punitive tariffs on steel and aluminium imports. \"It is worthwhile to prevent this conflict from becoming a real war,\" she said. Trump charged that Europe is \"possibly as bad as China\" on trade, as he reiterated that he is mulling import taxes of 20 percent on EU cars. The EU has slapped tariffs on iconic US products including bourbon, jeans and Harley-Davidson motorcycles, as a symbolic tit-for-tat response to the metals duties.FM to meet heads of banks today to discuss NPA resolution structure  Finance Minister Piyush Goyal will meet heads of banks today to discuss an inter-lender structure suggested under the 'Project Sashakat' that intends to fastrack resolution of stressed assets in the banking system. The meeting is likely to formalise the inter-creditor agreement structure as suggested in the five-pronged 'Project Sashakat', sources said. The meeting has been organised by Indian Banks Association (IBA) and inter creditor agreement would be the framework under which the consortium would take up NPA cases.SBI Card launches AI powered virtual assistant ELA  SBI Card, the country's second largest credit card issuer, today announced the launch of 'ELA' (Electronic Live Assistant), a virtual assistant for customer support and services. Driven by Artificial Intelligence and Machine Learning, ELA is designed to enhance customer experience by providing relevant and instant responses to customer queries, SBI Card said. Customers can communicate with ELA in conversational language, enabling easy interface along with prompt query resolution, SBI Card managing director Hardayal Prasad said. The virtual assistant is currently hosted on the SBI Card website and will soon be integrated on the mobile app as well.


BusinessToday.In
July 4, 2018
The device will pose a direct threat to popular phones in the same segment. OnePlus 6 that comes with a base price of Rs 34,999 is expected to get a lot of competition from the new phone.


Mudit Kapoor
New Delhi, June 28, 2018
Potential lenders view CIBIL score as the most important factor before granting a loan. If your CIBIL score is low then your loan application may straightaway be rejected by the lenders.


BusinessToday.In
June 22, 2018
With the introduction of direct link with banks, the total transaction points will be reduced. This will, in turn, reduce the amount of time it takes to make refunds.


BusinessToday.In
New Delhi, June 21, 2018
The case in question was being fought between SBI Cards & Payments Services Pvt Ltd and Rohidas Jadhav. Jadhav, who had pending credit card dues, was ordered in 2011 to repay the amount along with 8 per cent interest.


Associated Press
June 20, 2018
Virtual assistants and smart speakers are still relatively new technologies, and potentially susceptible to being exploited by cyber criminals.


BusinessToday.In
June 19, 2018
The Flipkart 'Super value week' sale is on and the e-commerce giant is offering huge discounts on the smartphones. The sale started yesterday and will go on till June 24.


BusinessToday.In
June 17, 2018
The railway board recently passed an order, saying that the separate medical identity card with unique all India number will be issued to the employees as well as to their each dependent.


PTI
New Delhi, June 15, 2018
Digital India is about education, employment, entrepreneurship and empowerment as it will help realise the objective of reform, perform, and transform, says the Prime Minister.


PTI
June 15, 2018



BusinessToday.In
New Delhi, June 7, 2018
The selling point of the Redmi Y2 is its selfie camera, similar to the preceding Redmi Y1, which has been equipped with AI capabilities, as per Xiaomi.


BusinessToday.in
New Delhi, June 6, 2018
Watch BusinessToday.In Editor Rajeev Dubey interview Manoj Adlakha, the CEO of American Express, India, on a host of issues such as challenges in the financial industry, emergence of wallets and how the credit card industry is dealing with those challenges.


BusinessToday.In
June 4, 2018
The FAQ makes it clear that free services, like ATM withdrawals and cheque book issuance, provided by banks to customers will not attract GST.


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