Rs 12.4 lakh crore of banned currency notes deposited in banks till Dec 10, says RBI
New Delhi, Dec 14 (IBNS): The Reserve Bank of India has said that banks have received Rs. 12.44 lakh crore in old Rs 500 and Rs. 1000 currency notes as of Dec 10, since the ban was announced by the Centre on Nov 8.
RBI directs banks to preserve CCTV recordings of operations from Nov 8 to Dec 30
New Delhi, Dec 13 (IBNS): The Reserve Bank of India on Tuesday directed banks across the nation to preserve CCTV recordings of operations at its branches and currency chests from the period between Nov 8 till Dec 30 to facilitate coordinated and effective action by the enforcement agencies in dealing with matters relating to illegal accumulation of new currency notes..
Tata Trusts' NGOs concerned over development in Tata group
Mumbai, Dec 13 (IBNS): NGOs working with Tata Trusts on Tuesday expressed their concern over the recent developments in the Tata group and appealed to the stakeholders to ensure that the Trusts' activities were protected and allowed to grow in the coming years.
Tata Motors, DPITI launch Certificate Programme in Production Technology
Dharwad/Kolkata, Dec 13 (IBNS): Tata Motors in association with Deshpande Private Industrial Training Center (DPITI) of Vocational Training, has initiated a one-year certificate programme in 'Production Technology', to enhance employability skills of the youth.
Demonetisation move has advantages: Jaitley
New Delhi, Dec 13 (IBNS): Batting in favour of the cash ban move launched by the Centre last month, Union Finance Minister Arun Jaitley on Tuesday said the entire step taken by the government has 'advantage'.
India's retail inflation touches 3.63 pct in November
New Delhi, Dec 13 (IBNS): India's annual consumer price inflation touched 3.63 percent in Novembers, official data released by the government on Tuesday said.
Hyundai Motor India to hike prices across all models
New Delhi, Dec 13 (IBNS): Car manufacturer Hyundai Motor India Ltd. (HMIL) on Tuesday announced a proposed price increase across all its models up to Rs 1,00,000.
Indian market recovers to positive territory on Tuesday
Mumbai, Dec 13 (IBNS): Indian equity benchmarks managed to extend their gains on Tuesday largely led by index heavyweights and ended higher at close of business.
Volkswagen Pune dealership is bestowed with Diamond Pin Award
Mumbai, Dec 13 (IBNS): Volkswagen, Europe’s largest carmaker, bestowed the Diamond Pin on dealer principal, Shailesh Bhandari, from Volkswagen Pune West.
Nissan India announces price increase from January 2017
New Delhi, Dec 13 (IBNS): Nissan Group of India on Tuesday announced a price increase across its Nissan and Datsun range of models. The move comes in the wake of increasing input costs.
Federation of Startup Foundation hosts a Meet the Mentors program for young entrepreneurs
Kolkata, Dec 13 (IBNS): The Federation of Startup Foundation (StartFed) recently hosted a 'Meet the Mentors' Program in Kolkata, which was attended by young people armed with a vast range of business ideas.
Assam: Over 10,000 bank accounts under IT radar
Guwahati, Dec 13 (IBNS) More than 10,000 bank accounts of Assam are under Income Tax department radar after IT department collected some vital information about huge amount of banned denominations being deposited in the accounts following demonetisation.
Note ban a big scam which should be probed: Chidambaram
Nagpur, Dec 13 (IBNS) Calling the note ban exercise and its fallout as the biggest scam of the year, former Union Finance Minister and Congress senior leader P Chidambaram said how the new notes of 2000 denominations are finding way to the hands of touts and hoarders should be probed and the government should he held accountable.
Indian benchmark indices decline on Monday
Mumbai, Dec 12 (IBNS): A sharp rally in crude oil prices, contraction in factory data and a likely delay in implementation of Goods and Services Tax (GST) had a negative effect on the Indian market, which led to BSE Sensex declining 231.94 points to 2655.24 and the NSE Nifty declining 90.95 point to 8170.80.
Tata Power's conservation campaign crosses 1 million impressions on social media
Mumbai/ Kolkata, Dec 12 (IBNS): Tata Power, an integrated power company, on Monday announced that the online leg of its 'Act for Mahseer'- a conservation campaign has crossed 1 million impressions on social media, with a total count of over 1.8 million impressions.