New ₹100 note requires recalibration of over 2 lakh ATMs in India
We reported on 20th July that The Reserve Bank of India (RBI) will soon issue new ₹100 denomination bank notes, which are lavender in colour and of the dimensions 66…
Food Regulator FSSAI asks Online Food Delivey platforms to delist non-lisenced FBOs
The Food Safety and Standards Authority of India (FSSAI) on Friday directed 10 online food delivery platforms such as Swiggy, Zomato and FoodPanda to delist non-licensed food business operators (FBOs)…
About 74% ATMs are vulnerable to frauds due to outdated softwares
On Friday, the government issued a statement in response to questions raised in the Parliament regarding automated teller machines (ATMs) running on an unsupported software, saying that as many as…
Tata Motors restarts talks to sell its engineering unit Tata technologies
Tata Motors Ltd., the owner of Jaguar Land Rover has apparently restarted talks on the sale of a stake in its engineering unit, just months after a deal with American…
GST council exempts Sanitary napkins from taxation, removes several items from 28% tax bracket
After a year-long opposition, Maharashtra Finance Minister Sudhir Mungantiwar said today that sanitary napkins will be exempt from the GST, after a meeting with the GST council. In the 28th…
Flipkart, Hotstar come together to create a new video ad platform
Flipkart, one of India’s largest online retailers recently forged an alliance with video streaming service Hotstar and launched an advertising platform on Friday. The platform, called Shopper Audience Network, is…
Govt in process to frame net neutrality rules, amend telecom licence: Manoj Sinha
The government is currently in the process of framing rules to implement net neutrality within the country, which bars service providers from discriminating against internet content and services by blocking,…
Amazon India says Prime day boosted sales, prime membership subscriptions
Amazon India has said that its main product categories saw strong sales growth during the Prime day event and added that it attracted more new members to its subscription programme…
RBI seeks to ban usage of cryptocurrencies; says it would encourage illegal transactions
The Reserve Bank of India (RBI) today told the Supreme Court that allowing dealings in cryptocurrencies like Bitcoins would encourage illegal transactions, saying that cryptocurrencies are “stateless digital currencies” which…
Jio’s Monsoon Hungama Exchange Offer kickstarts today, get new JioPhone for just Rs. 501
At 5:01pm today, the much anticipated JioPhone Monsoon Hungama Exchange Offer went live at select stores. The offer was announced at the 41st Reliance Industries Limited Annual General Meeting earlier…