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PTI
Mumbai, June 26, 2019
The RBI had issued a directive in April 2018 on 'Storage of Payment System Data'. It had advised all system providers to ensure that within a period of six months, the entire data relating to payment systems operated by them is stored in a system only in India.


PTI
June 26, 2019



BusinessToday.In
New Delhi, June 26, 2019
Govt warns Amazon, Flipkart, other foreign e-commerce firms over discountsIndia has told foreign e-commerce firms such as Amazon and Walmart's Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters. Commerce Minister Piyush Goyal has said that while the government was prepared to listen to concerns about its new foreign direct investment rules (FDI), it ...


BusinessToday.In
New Delhi, June 26, 2019
Government warns Amazon, Flipkart, other foreign e-commerce firms over discounts, US wants India to lower barriers and embrace fair, reciprocal trade, and more on News Blast.


Reuters
New Delhi, June 26, 2019
Commerce Minister Piyush Goyal has said that while the government was prepared to listen to concerns about its new FDI, it was committed to protecting small traders from predatory behaviour by foreign-funded companies


Anilesh S Mahajan
New Delhi, June 24, 2019
Despite a historic mandate, the Modi government will find it difficult to ignore the wish list of RSS affiliates


BusinessToday.In
June 24, 2019
The Noida-based firm is looking to raise Rs 475 crore at the upper end of the price band. The issue which opens today will close on June 26.


PTI
June 20, 2019



Joe C Mathew
New Delhi, June 20, 2019
It is known that of the 85,000 H-1B work visas that are issued every year by the US government, almost 70 per cent are granted to Indian IT professionals.


BusinessToday.In
June 20, 2019
IndiaMart will become the first company to test the IPO market in Modi government's second tenure.


BusinessToday.In
New Delhi, June 20, 2019
Facebook's digital wallet Calibra may not be available in countries where cryptocurrencies have been banned; in other nations, it'll made available via Facebook's Messenger, WhatsApp and a standalone app


Reuters
New Delhi, June 20, 2019
Most affected by any such caps would be India's more than $150 billion IT sector, including TCS and Infosys, which uses H-1B visas to fly engineers and developers to service clients in the US


Reuters
New Delhi, June 19, 2019
The new site in Maharashtra would be at Raigad district, about 100 kms (62 milies) south of the country's financial capital Mumbai


Joe C Mathew
New Delhi, June 19, 2019
Piyush Goyal reiterated the government's stand that India will not allow multi-brand retail by foreign companies, including a backdoor entry on the pretext of business to business (B2B) channel.


BusinessToday.In
New Delhi, June 19, 2019
Day after lenders move NCLT, tribunal to hear Jet Airways case todayThe National Company Law Tribunal (NCLT) will hear Jet Airways' insolvency case today after the SBI-led consortium of 26 banks took the beleaguered airline to the tribunal to recover their dues of over Rs 8,500 crore. The lenders have been trying to sell the airline for the past five months but failed to find a buyer.Chinese banks seek Rs 14,775 crore from Anil Ambani's RComChinese banks, including China Developme...


Reuters
June 18, 2019
Facebook said it has linked with 28 partners to form Libra Association, a Geneva-based entity governing its new digital coin, which it will launch in the first half of 2020


PTI
New Delhi, June 18, 2019
In April last year, the RBI had asked payment firms to ensure their data are stored exclusively on local servers, setting a tight six-month deadline for compliance


PTI
June 18, 2019



PTI
June 18, 2019



BusinessToday.In
New Delhi, June 17, 2019
India is expected to clock the fastest growth in digital payments transaction value between 2019 and 2023 with a compounded annual growth of 20.2 per cent, ahead of China and the US


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