tejbhardwaj
Business
New DTH polices see hike in Tariff prices, migration of TV users to online OTT platforms: YouGov report
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Since the implementation of new Direct to Home (DTH) service by TRAI (Telecom Regulatory Authority of India) there have many speculations about the hike in DTH bills and migration to OTT platforms. And this has been revealed by many...
Business
L&T launches new initiative-‘L&T-Nxt’ with focus on AI and IoT
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Construction giant Larsen & Toubro (L&T) on Friday announced its new initiative named L&T-Nxt which will primarily focus on artificial intelligence (AI), Internet of Things (IoT), virtual reality, augmented reality, geo‐spatial solutions and cyber security.
L&T-Nxt will use next generation...
Startups
Big Basket raises $150 million in latest funding round, Joins prestigious unicorn club
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Indian online supermarket Big Basket becomes this year's second startup to join the prestigious Unicorn group. The Hari Menon co-founded Indian startup raised about $150 in the latest funding round led by its new investors new investors, South Korea’s...
Business
RVNL IPO sees a slow opening, subscribed 9% on first day
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The IPO of Rail Vikas Nigam Ltd. (RVNL) opened for subscription on Yesterday. The rail Public Sector unit (PSU) has issued 25.34 crore shares between price range of ₹17-19 per equity share which are open for subscription till April 3.
As...
Business
BNP Paribus Cardiff off-loads 5.07% stake in SBI Life Insurance
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Reatil banking company BNP Paribus Cardiff sells its 5.074% stake in SBI Life Insurance in a block deal, private sector insurer, SBI Life Insurance said in a exchange filing.
"We would like to clarify that this sale is not being...
Banking
PNB sells its stake in PNB Housing Finance for ₹1,851 crores
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State owned lender-Punjab National Bank (PNB) is selling its stake in its housing finance arm, PNB Housing Finance to global private equity company General Atlantic and Varde Partners, bank said in a exchange filing.
Both companies will be buying 1.09...
Business
CBDT directs Income tax offices to probe 3 lakh suspicious firms for tax crimes
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The Central Board Of Direct Taxes (CBDT) has issued new directions to Income Tax department for the prevention of tax evasion and tax crimes such as money laundering, especially during and after demonetisation.
Under the new directions, CBDT asked the...
Automobiles
Bajaj launches Dominar 400 (2019) at ex-showroom price of ₹1.73 lakh
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The new Bajaj Dominar has just gotten launched in India at an ex-showroom price of ₹1.73 lakh. The price of new 2019 model is nearly ₹10,000 higher than its previous model. The automaker has made a host of changes...
Banking
Ahead of merger, Bank of Baroda receives ₹5,042 Crores from government
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The Bank of Baroda (BoB) which is about its start its operation after its merger with Dena Bank and Vijaya Bank will be receiving ₹5,042 crore infusion of funds from government.
The fund infusion will be through preferential allotment of...
Business
TPG, Etihad Airways express interest to acquire a stake in Jet Airways
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Jet Airways foreign partner and UAE's second largest airline Etihad Airways willing to invest in the beleaguered carrier and will be taking part in the bidding to acquire additional stake in the airline, sources told CNBC-TV18.
As per sources, Etihad...
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Latest News
Isolation could nurture 1032 endemic species in Andaman and Nicobar, now at the expense of Country’s strategic goals
Andaman and Nicobar Islands is a whole new world out there.
Andaman and Nicobar Islands(ANI) is an intricate mesh of...
Gadgets
MediaTek launches Dimensity 700 5G SoC, Realme smartphone first to feature the chipset
MediaTek has launched Dimensity 700 chipset with 5G connectivity. The chipset is intended for mid-range smartphones. The chipset can handle 90Hz refresh rate displays...
Business
Lockdown to have deep impact on Maharashtra economy: Industry bodies
As it has been quite extensively reported, full-fledged lockdown can spell doom for the nascent Indian economy. Such claims are backed by the reports...
Gambling & Casinos
Macau govt. to introduce virtual currency to combat money laundering, tax evasion
Macau government is keen on introducing virtual currency to its market. Towards this end, the govt. is planning to amend its laws to regulate...
Gambling & Casinos
Crown Resorts receives modified proposal from Blackstone Group
The Blackstone Group, had on 22 March, sent an unsolicited proposal to the Crown Resorts with the intent to acquire all shares in the...