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Sumant Banerji
New Delhi, February 24, 2018
Online smartphone sales accounted for nearly a third of overall smartphone sales in the country, which is among the highest in the world. Nearly 100 smartphone brands were launched exclusively through online platforms during the year.


BusinessToday.in
February 24, 2018
Luxury retailers have realized that India is one of the world's most vibrant, diverse and challenging markets for brands that want to capture this market.


www.businesstoday.in
February 24, 2018



www.businesstoday.in
February 24, 2018



PTI
New Delhi, February 24, 2018
This came after the country's second largest state-run lender Punjab National Bank detected a Rs 11,400-crore fraudulent transactions at one of its branches in Mumbai.


www.businesstoday.in
February 24, 2018



www.businesstoday.in
February 24, 2018



PTI
New Delhi, February 24, 2018
Speaking for the second time this week on the scandal enveloping Punjab National Bank, Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.


www.businesstoday.in
February 24, 2018



PTI
New Delhi, February 24, 2018
The rebuttal comes after Reliance Jio termed as \"defamatory\" and \"malicious\" recent allegations by the Cellular Operators Association of India's (COAI) that indicated that orders by the Telecom Regulatory Authority of India (Trai) are favouring the newcomer.


BusinessToday.in
New Delhi, February 24, 2018
The CBI has booked Delhi-based diamond jewellery exporter Dwarka Das Seth International Pvt Ltd, six months after the Oriental Bank of Commerce filed a complaint with the agency.


BusinessToday.in
New Delhi, February 24, 2018
Using seizure of his bank accounts as a justification, Choksi said that he will not be able to reimburse the salaries of his employees, or pay the maintenance and electricity bills.


www.businesstoday.in
February 23, 2018



BusinessToday.in
New Delhi, February 23, 2018
Liz Mohn, vice-chairwoman of Bertelsmann Stiftung today launched and inaugurated the German Indian Start-Up Exchange Program (GINSEP).


www.businesstoday.in
February 23, 2018



BusinessToday.in
New Delhi, February 23, 2018
\"We discussed the entire gamut of bilateral partnership, and identified concrete steps to boost cooperation. We agreed to strengthen our defence cooperation,\" Modi said, adding that terrorism and violent extremism were threats for India and Canada.


PTI
New Delhi, February 23, 2018
It also alleged that the COAI has been \"reduced to becoming instrument and mouthpiece of Bharti Airtel, Vodafone and Idea\", and termed these operators as Incumbent Dominant Operators.


Manu Kaushik
New Delhi, February 23, 2018
In the wake of telecom companies misusing the Aadhaar-based eKYC verification for opening accounts in their payments bank, the Reserve Bank of India (RBI) has recently clarified that the verification done by telecom operators on behalf of payments bank will not be considered valid.


www.businesstoday.in
February 23, 2018



www.businesstoday.in
New Delhi, February 23, 2018
The Supreme Court has rejected a plea that asked for extension of the deadline of 31st March for linking Aadhaar with various services in the country. The information gap between various agencies has been the root cause of almost all economic and criminal offences apart from tax evasion in the country. Linking of services with Aadhaar will leave a digital trail which will help the government in tracking down any unusual and suspect movements. India definitely needs a national ID, but the government must ensure that data and biometrics are secured. Besides the government also has to ban photocopying of Aadhaar cards so that they cannot be misused; India's coal imports may increase after nearly two years of declining trend and that is because of an unusual development of shortage of trains in India to carry coal from the coal mines to the power plants. India needs 332 trains a day to carry coal. However, the availability of trains is in the region of 260-265. As a result, almost 10 plants in the country do not have enough coal supplies and another 45 have barely a week's supply of coal available; A lot of hope was pinned on the insolvency and bankruptcy procedure to clean up the banking system of bad loans. However, a few loopholes are being exploited by companies and bidders to muddle the issue and delay proceedings. BusinessToday.in Editor Rajeev Dubey elaborates in this episode of The Good, The Bad, and The Ugly.


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