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PTI
June 26, 2019



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



PTI
June 24, 2019



PTI
June 24, 2019
Earlier, China gave USD 4.6 billion in shape of deposits and commercial loans and Saudi Arabia provided USD 3 billion cash deposit and USD 3.2 billion oil facility on deferred payments. The United Arab Emirates also provided USD 2 billion cash deposit.


BusinessToday.In
New Delhi, June 22, 2019
So far, Amazon has invested a total of Rs 3,221 crore in Amazon Pay, since its launch in 2016.


BusinessToday.In
New Delhi, June 22, 2019
The US Justice Department says Walmart failed to implement controls related to anti-corruption in India from 2009 until 2011 and made deals with third-party companies to bribe government officials


Raj Kumar
June 20, 2019
The volume of e-waste generated in India is growing 21% annually. In 2016 newly launched e-waste management rules mandated manufacturers to register and collect e-waste and channel it to authorised recyclers.


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


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
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


BusinessToday.In
New Delhi, June 15, 2019
Mark Zuckerberg-led multinational company is expected to unveil Bitcoin rival Libra next week, while the official launch of the cryptocurrency is scheduled for 2020


Kanishka Gupta
June 13, 2019
APIs, which enable software systems to communicate with one another, have become very big business.


PTI
June 11, 2019
Amazon jumped from third to first place to eclipse Google - which slid from first to third place with Apple holding on to the second spot


Munish Pandey
Mumbai, June 10, 2019
The ED has alleged that corporate lobbyist Deepak Talwar was in regular touch with Patel while acting as a middleman in negotiations to favour foreign private airlines, causing losses to national carrier Air India.


BusinessToday.In
New Delhi, June 10, 2019
Chinese President Xi to meet PM Modi on sidelines of SCO summitChinese President Xi Jinping will attend the Shanghai Cooperation Organisation (SCO) summit this week at Bishkek where he would also meet Prime Minister Narendra Modi, the first meeting between the two leaders after the BJP's massive victory in the general elections. The SCO summit is due to be held on June 13-14 in Bishkek, Kyrgyzstan.Anil Ambani's Reliance Power suffers Rs 2,951 crore loss in FY19Anil Ambani-led Reliance Power, ...


BusinessToday.In
New Delhi, June 10, 2019
Tax on cash withdrawal: While the final decision is yet to be made, the government is clear that it does not want to burden the middle and poor class with excessive compliance.


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