RBI to give interim dividend of Rs 28,000 crore to government

RBI will be paying Rs 28,000 crore as interim dividend to the government. This amount would help the Centre meets its revised budget estimates which includes an allocation for the income transfer... Read more »

Varun Beverages to handle Pepsi bottling in West and South.

Million dollar beverage company PepsiCo plans to divest its bottling franchisee rights in the West and South of the country. The company in talks is Varun Beverages in a deal estimate of... Read more »

CIC raps RBI for non disclosure of demonetisation data

The Central Information Commission asked the RBI to come clean on “perfunctory handling” of an RTI application. The application wished to seek records to the RBI board meetings where the issue of... Read more »

NASSOM to organize its 27th NASSOM Technology and Leadership Forum

The National Association of Software and Services Companies (NASSCOM) will be organizing its flagship NASSCOM Technology and Leadership Forum (NTLF 2019) from 20th to 22nd February at Grand Hyatt in the city.... Read more »

Cognizant to pay $25 million to SEC on grounds of bribery

Coginzant, the U.S multinational is going to pay $25 million to the U.S Security and Exchange Commission (SEC) to help settle bribery charges. This comes after the Department of Justice filed criminal... Read more »

Kellogg’s is looking to buy out Haldiram’s, valuing latter at $3 billion.

Haldirams in a landmark move wants to secure a partnership with Michigan-based Kellogg’s Company known exquisitely for their elaborate cereals and cornflakes. What many say could be a collaboration, some say that... Read more »

People with income up to Rs 9.5 lakh to escape tax liability says FM

Since tax concessions have been provided with a view that poor and middle class people live less stressful lives. Finance Minister Piyush Goyal on Tuesday said that now individuals earning up to... Read more »

IKEA looking to open more stores in India

Swedish home furnishings major IKEA on February 14 said it strives to have an omnipresence in India in the months to come. In 2018, IKEA had started its first store in Hyderabad.... Read more »

RBI gives Yes Bank clean chit, Yes Bank shares recovered

Yes Bank has breathed a sigh of relief as it was under pressure last year to bring in a new CEO along with coherent methods by the RBI to tackle domestic banks’... Read more »

Software Pirates hack iPhones using Apple technology

TutuApp, Panda Helper, AppValley and TweakBox and other software have prodded into Apple phones using digital certificates. This technology was specially introduced by corporations to distribute business apps to their employees without... Read more »