The Supreme Court on Tuesday refused to stay the demonetiosation of Rs 500 and 100 currency notes by Narendra Modi government announced on the night of November 8 purportedly to curb the menace of black money.
Economic Affairs Secretary Shaktikanta Das, in a press meet on Tuesday, made a few announcements to deal with the crisis of cash crunch. Das said from today indelible ink would be used at banks to ensure people don't go for multiple withdrawals.
As banks opened on Tuesday after remaining closed on Monday on account of Guru Nanak Jayanti, people in large numbers started queuing up outside them as well as outside ATMs to withdraw valid currency notes from vending machines and exchange demonetised bills.
Amidst reports of people facing hardships all over the country, in trying to convert their currency at banks and in withdrawals at ATMs, Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following demonetisation of Rs 500 and Rs 1,000 notes.
Making their next move against Cyrus Mistry, the Tatas have removed him as chairman of group company Tata Consultancy Services or TCS. They have also sought a special meeting of the board of another group company, Indian Hotels, to remove Mistry as its director.
Markets showed a recovery after latest election results indicate that Hillary Clinton has narrowed the gap with Donald Trump in the race for the presidency.
With the aim of curbing the menace of black money and fake currency, Prime Minister Narendra Modi has announced the decision to ban existing 500- and 1000-rupee notes from midnight today.
New Delhi: A Delhi court on Friday issued a non-bailable warrant against liquor baron Vijay Mallya for allegedly evading summons in a case of FERA violation. The court noted that "he has scant regard for the law of the land and has no intention to return to India."
New Delhi: Under the proposed Goods and Services Tax (GST) regime, people and entities can pay taxes online using debit or credit cards, the government informed on Sunday.
Snapdeal's Unbox Diwali sale is off to a roaring start as more than two million users logged in during the first hour of sale to quickly lock into a whole array of great deals on offer.
New Delhi: The Supreme Court, on Friday, ordered Sahara chief Subrata Roy to be sent back to jail. After spending two years in jail, Roy is out on parole. The apex court had previously extended the parole of Subrata Roy till September 23, which was granted to him in May on humanitarian grounds after his mother passed away.
New Delhi [India), Sept. 13: Applauding the Consumer Affairs Ministry for issuing new guidelines to companies involved in direct selling, the Federation of Direct Selling Association (FDSA) has described this development as "the end of an identity crisis" for the industry.
New Delhi [India], Sep 13: India's number one cross category classifieds business Quikr has announced the acquisition of StayGlad, a leading marketplace for beauty services in a move to further strengthen the market leadership of its beauty service brand, AtHomeDiva, by enabling it to take on even more beauty services requests under its services vertical, QuikrServices.
New Delhi, Sep 13: SeaSoul Cosmeceuticals, the company specialising in manufacture and distribution of skincare products has launched its first make-up academy, the 'SeaSoul Make-Up Academy by Manisha Chopra' in Gurgaon, amidst great anticipation.
New Delhi [India], Sept.13: The India UK TECH Summit 2016, India's largest knowledge and technology conference and exhibition, will be held in New Delhi from 7-9 November 2016.
New Delhi [India], Sep 12: The Indian FMCG market and interestingly the long ignored men's grooming market is seeing a huge spurt in demand. Rising consumer lifestyle expectations and increasing disposable incomes in urban areas coupled with growing image and appearance awareness among men is driving the growth of men's grooming products all over the world and the Indian male is not willing to be left far behind.
New Delhi [India], Sep 12: The figures for direct tax collections up to August, 2016 show that net revenue collections are at Rs. 1.89 lakh crore which is 15.03 percent more than the net collections for the corresponding period last year.
Vadodara [India], Sept. 11: With the Defence Research and Development Organisation (DRDO) writing to Brazilian company Embraer, seeking details on a report that it employed an agent to sell three EMB 145 aircraft to the DRDO in 2008, Defence Minister Manohar Parrikar on Sunday asserted that if the issues in the case display a criminal nature, then it will be handed over to the Central Bureau of Investigation.
New Delhi [India], Sep 10: Technology content in manufacturing will go up significantly as India aims to grow at a rate of eight to 10 percent for decades. India needs access to technology, a critical enabler for growth, and join the global supply chain in all spheres.
New Delhi [India], Sept.10: MakeMyWishes.com is an innovative online portal that efficiently connects your family and friends, locally and globally, helping you to make a wish with open eyes. The one-of-its-kind platform empowers you to make your wishes known to your loved ones and let them know what you need.
New Delhi [India], Sep 10: In an attempt to further improve mental and emotional health services and to address the lack of quality care in the field of psychiatry, ePsyClinic, the online platform that promises the best of emotional and mental wellness as well as healthcare services to its clients plans to rapidly expand its team this month.
New Delhi [India], Sep 9: The government has not been able to make the Competition Commission of India (CCI) very effective, Union Law Secretary, Suresh Chandra said at an ASSOCHAM event held in New Delhi today.
Mumbai [India], Sept.9: The industry for toys and children's products is geared up for the fourth edition of Kids India - India's largest B2B fair where all the key players from the industry will participate along with many young and innovative companies.
New Delhi [India], Sep 9: One of India's leading fashion e-commerce brand Myntra partnered with LogiNext Solutions for enhanced real-time tracking, visibility
New Delhi [India], Sep 9: The market on Friday closed lower on profit booking with the Sensex down 248.03 points or 0.8 percent at 28797.25.
New Delhi [India], Sep 9: Cross category classifieds business Quikr has acquired Stepni, a platform that connects vehicle owners with service providers nearest to them.
Goodwood [United Kingdom], Sept. 8: Rolls-Royce will celebrate the 2016 Goodwood Revival with a significant presence at the legendary motor circuit. The centrepiece will be The March Motor Works, which this year is transformed into a period Rolls-Royce showroom, recapturing the sights, sounds and atmosphere of the marque's glamorous Berkeley Square and Park Lane premises in London's West End during the 1950s.
New Delhi [India], Sept. 8: Hamdard Laboratories India, over a 100 year old iconic FMCG company, and one of the largest and trustworthy names in the realm of health, wellness and beauty enters the ready-to-serve beverage segment with the launch of 'RoohAfza Fusion', a brand extension of its flagship brand RoohAfza in New Delhi today.
Noida (Uttar Pradesh) [India], Sept. 8: Go4hosting, a leading provider of data center and cloud hosting services, today announced the launch of advanced next-generation 28 core Duo Tetradecagon server hardware for its customers, a first by any data center company in India.
New Delhi [India], Sept. 8: True Balance, a prepaid mobile balance manager for Android users, today announced that it has crossed the monumental 10 million downloads milestone.