If everything goes the planned way, Gujarat will soon be the first Indian state to get fully covered under the piped gas distribution network, a report has suggested. The state has already covered more than 75 per cent of its area under the city gas distribution network. The rest parts …
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Was banning Cryptocurrencies a right decision? RBI has no clue
The government of India, after a dilly-dallying attitude on the use of cryptocurrencies in the country, finally dealt a severe jolt to it in April last. The RBI– the top bank of the country has given a mandate to the lenders to avoid dealing with bank accounts of cryptocurrency exchanges …
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Government plans to sell 100% stake in Air India after a flop attempt
Government is again considering selling its money-losing international airline, after an unsuccessful attempt. The new guidelines have been framed after an attempt proved futile last month since the terms and conditions discouraged potential buyers. On the instruction of Prime Minister Narendra Modi, the top brass of the government are readying …
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Nirav Modi, the $2 billion fraudster wants asylum in UK
Nirav Modi, the fugitive jeweller who is known to be the kingpin of a more than $2 billion PNB fraud case, has recently been spotted in the UK. The news is that he is claiming a political asylum there, it is reported. The British government has declined to offer the …
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KFC plans to test vegetarian version of its fried chicken in the UK
Do you like the taste and aroma of KFC, but avoid it since you are a pure vegetarian? No problem. You will soon be going to enjoy the vegetarian version of KFC. In a recent report, UK based KFC declared its will to offer chicken-like vegetarian options, initially in Britain. …
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Google’s free WiFi now at 400 Railway Stations in India
Google is on free Wi-Fi hotspots installation spree in India. Till now 400 Indian railway stations has already been saturated by these hotspots in various railway stations in the last 30 months. The latest being Dibrugarh in Assam. These hotspots are installed under the project named ‘RailWire’. It was launched …
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TCS says Automation will lead to more on-demand hiring
IT services giant of India, the Tata Consultancy Services would resort to on-demand hiring now, due to increased automation in the software delivery system. A reliable source, associated with the company, has said today. According to data, the company had already given out jobs to 20,000 software personnel, a number which …
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LRS tightens rules for sending money abroad for investment or kid’s studies
LRS has set new rules and regulations on force to ensure all the cash being sent abroad strictly follow the tax guidelines within a prescribed limit. If you are planning on investing in properties, shares in different countries or even sending cash to your kid studying abroad, you need to …
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IDBI Bank CEO Mahesh Kumar Jain takes over as RBI Deputy Governor
After the recent retirement of ex-deputy governor S.S. Mundra last year, the government recently filled up the empty post with the name Mahesh Kumar Jain. The current and fourth Deputy Governor of RBI (Reserve Bank of India) is also the MD and CEO of the IDBI Bank. Following the successful …
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‘Maharaja’- the Air India has grown into an unwanted asset, No taker!
No one is interested in reviving the fortune of India’s oldest and premier international passenger carrier – the Air India amongst the business community. A really bad news. Is not it? The idea to sell the monolith was mooted by none other than the Prime Minister Narendra Modi. He offered to …
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