Kamath to head RBI panel; Diwakar, Manoharan, IBA CEO on board

Mumbai: The Reserve Bank of India (RBI) on Friday announced the constitution of an expert committee led by KV Kamath to make recommendations on a special window for Covid-related stressed assets under the bank’s ‘Prudential Framework on Resolution of Stressed Assets’. The panel led by former New Development Bank President Kamath also More...

by Agencies | Published 20 hours ago
By Agencies On Thursday, August 6th, 2020
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Railways to launch first Kisan Parcel Train on Friday

New Delhi: The Indian Railways will flag off India’s first Kisan Special Parcel Train from Maharashtra’s Devlali to Bihar’s Danapur on Friday afternoon to transport perishable goods, a promise More...

By Agencies On Wednesday, August 5th, 2020
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Samsung rejigs Galaxy ecosystem with 5 flagship devices

New Delhi: Samsung on Wednesday added five flagship devices in its popular Galaxy ecosystem — Note20 and Note20 Ultra (with enhanced S Pen), Galaxy Z Fold2, Tab S7 and S7+, a Galaxy Watch3 and Galaxy Buds More...

By Agencies On Tuesday, August 4th, 2020
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Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank MD

Mumbai: Sashidhar Jagdishan will be the next MD and CEO of HDFC Bank with effect from October 27. He is currently the Group Head of Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, More...

By Agencies On Monday, August 3rd, 2020
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Wockhardt wins UK govt deal on Covid-19 vaccine manufacturing

Mumbai: Mumbai-headquartered pharmaceutical company Wockhardt on Monday announced that it has entered into an agreement with the UK government to fill-finish millions of doses of Covid-19 vaccines. Following the More...

By Agencies On Monday, August 3rd, 2020
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Microsoft confirms talks to acquire TikTok by September 15

San Francisco: Microsoft has officially confirmed it is in talks to acquire the operations of video-sharing platform TikTok in the US, Canada, Australia and New Zealand markets following a conversation between Microsoft More...

By Indileak Web Desk On Sunday, August 2nd, 2020
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BSNL launches ‘Bharat Air Fibre’ service in Maharashtra

New Delhi: State-run BSNL on Sunday launched ‘Bharat Air Fibre’ services at Akola in Maharashtra allowing the residents of Akola and Washim districts to get wireless internet connections on demand. The More...

By Agencies On Saturday, August 1st, 2020
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Air India commences fifth phase of VBM ops

New Delhi: National carrier Air India on Saturday commenced the fifth phase of the ‘Vande Bharat Mission’. The airline is also servicing the domestic sector Accordingly, the airline is expected to operate More...

By Agencies On Saturday, August 1st, 2020
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Apple surpasses Saudi Aramco as world’s most valuable company

San Francisco: Riding on strong quarter results despite the pandemic, Apple has surpassed Saudi Aramco to become the worlds most valuable company with a market cap of $1.84 trillion. Apple has posted $59.7 billion More...

By Indileak Web Desk On Friday, July 31st, 2020
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No nod to WhatsApp to go live on full scale UPI ops: RBI

New Delhi: The RBI has told the Supreme Court it has not granted permission to WhatsApp to go live for full scale operations on the Unified Payments Interface (UPI) payment system. WhatsApp had already informed More...

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