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  Phone nos, email ids, income details of 70 lakh Indian debit, credit card holders leaked on dark web

  December 08, 2020 20:31 IST

  The personal data of as many as 70 lakh Indian debit and credit card holders has been leaked on the dark web, an Internet security researcher was quoted as saying by IANS. 

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  RBI cancels licence of THIS bank, all operations prohibited. Check details

  December 08, 2020 20:09 IST

  The bank has been prohibited from conducting the business of 'banking' which includes acceptance of deposits and repayment of deposits with immediate effect.

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  Kotak Mahindra Bank asks employees to share health goals to earn monthly 'fitness allowance'

  December 08, 2020 18:31 IST

  Private sector lender Kotak Mahindra Bank on Tuesday said it will be giving a 'fitness allowance' to its employees for their health and wellness. The employees will have to share their health and fitness goals with the bank to get the monthly fitness allowance, it said in a statement.  

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  Reliance shares gain nearly 2% as Mukesh Ambani hints rolling out 5G services

  December 08, 2020 17:58 IST

  ​Shares of Reliance Industries Limited on Tuesday rose nearly 2 per cent after Mukesh Ambani hinted at rolling out 5G telecom services in the second half of 2021. 

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  Bharat Bandh: Airlines waive off rescheduling, no-show charges

  December 08, 2020 17:08 IST

  In a relief for flyers, airlines have waived-off cancellation, rescheduling charges for passengers, who could not report for their flights amid the traffic disruption caused due to 'Bharat Bandh' on Tuesday. 

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  After two unsuccessful attempts, Govt again invites fresh bids for Pawan Hans sale

  December 08, 2020 17:02 IST

  ​After two unsuccessful attempts, the government on Tuesday invited fresh bids for strategic sale of helicopter services provider Pawan Hans along with transfer of management control.

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  Gold Price Today: Gold rises Rs 816, silver jumps by Rs 3,063

  December 08, 2020 16:30 IST

  Gold prices in the national capital rose by Rs 816 to Rs 49,430 per 10 gram on Tuesday on a positive global trend, according to HDFC Securities.

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  Markets scale new peaks; Sensex jumps 182 points

  December 08, 2020 16:09 IST

  Rising for the fourth straight session, equity benchmark Sensex jumped 182 points to end at its fresh lifetime peak on Tuesday, tracking gains in index majors Reliance Industries, TCS and Infosys amid persistent foreign fund inflows.

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  India specific 5G standard an existential threat: Airtel CEO

  December 08, 2020 14:52 IST

  The idea to develop India specific 5G standard is an existential threat and will lock the country out of the global ecosystem, a senior Bharti Airtel official said on Tuesday. The official also said the development of a separate 5G standard will impact innovation.

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  Jio to launch 5G services in second half of 2021, says Mukesh Ambani

  December 08, 2020 13:27 IST

  Reliance Jio has plans to launch 5G services in the second half of 2021, Reliance Industries Chairman Mukesh Ambani said on Tuesday. Speaking at the India Mobile Congress, Ambani said policy steps are needed to accelerate an early rollout of 5G, and to make it affordable and available everywhere.

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  Policy intervention needed to bring smartphones to 300 mn 2G phone users: Mukesh Ambani

  December 08, 2020 10:41 IST

  Billionaire Mukesh Ambani on Tuesday pitched for policy interventions to bring smartphones to 300 million 2G phone users in India so that they can also benefit from digital transformations.

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  Fitch revises India GDP forecast, sees contraction at 9.4 pc

  December 08, 2020 10:38 IST

  In September, Fitch had sharply lowered its forecast for India's gross domestic product (GDP) to a contraction of 10.5 per cent in current fiscal 2020-21 (FY21) versus its previous estimate of 5 per cent contraction.

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  Market opens at fresh high; Sensex jumps over 150 points, Nifty tops 13,400

  December 08, 2020 10:20 IST

  In the previous session, Sensex soared 347.42 points or 0.77 per cent to its fresh closing peak of 45,426.97, and Nifty rose 97.20 points or 0.73 per cent to an all-time closing high of 13,355.75.

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  ICICI Bank launches interoperable banking app 'iMobile Pay'. Here's how to use

  December 08, 2020 10:12 IST

  Claiming it to be a first-of-its-kind facility, the ICICI bank said the 'iMobile Pay' app also provides interoperability as customers no longer have to remember the UPI IDs of their contacts and can transfer money across payment apps and wallets.

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  Reliance Capital: Deadline for bids for subsidiaries extended till Dec 17

  December 07, 2020 22:36 IST

  Reliance Capital Ltd (RCL), part of debt-ridden Anil Ambani-promoted Reliance Group, on Monday said the Committee of Debenture Holders has extended the deadline for submission of bids for the company's subsidiaries to December 17.

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  Malavika Hegde, wife of late CCD founder VG Siddhartha, appointed company's CEO

  December 07, 2020 22:15 IST

  Coffee Day Enterprises Ltd (CDEL) on Monday said Malavika Hegde, the wife of its late founder VG Siddhartha, has been appointed as the company's Chief Executive Officer. CDEL runs a chain of Cafe Coffee Day restaurants in India.

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  Bharat Bandh: Will bank services be hit? Here's what top unions said

  December 07, 2020 21:02 IST

  All India Bank Officers' Confederation (AIBOC) General Secretary Soumya Datta said the union has expressed its solidarity with farmers but will not be participating in the Bharat Bandh called by them.

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  Growing up in India made me build inclusive digital economy: Sundar Pichai

  December 07, 2020 20:15 IST

  Alphabet and Google CEO Sundar Pichai on Monday stressed that growing up in India amid poor access to a computer or a phone set him on a course to build a more inclusive global digital economy and empower the next billion people.  

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  TCS says it hired over 7,000 employees in UK in last five years

  December 07, 2020 20:04 IST

  ​India's largest software services firm Tata Consultancy Services (TCS) on Monday said it has hired over 7,000 employees in the UK over the last five years, making it among the top recruiters of IT services talent in that country.

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  GST payers, THESE changes may come soon

  December 07, 2020 18:06 IST

  Come January 1 and GST payers would need to fill only 4 GSTR-3B returns in a year instead of 12 returns at present. In a major reform, the government has eased the return filing experience for the GST taxpayers with the introduction of Quarterly filing of Return with Monthly Payment (QRMP) Scheme.  

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  Jet Airways may resume operations next year: Jalan-Kalrock consortium

  December 07, 2020 17:34 IST

  The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock Capital - which has won the bid to revive Jet Airways - on Monday said it expects to start operating the airline by the summer of 2021. 

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  Sensex rallies 347 points to end at fresh peak; Nifty tops 13,350 for first time

  December 07, 2020 16:12 IST

  Equity benchmark Sensex rallied 347 points to end at its fresh lifetime peak on Monday, tracking gains in index majors HDFC, HUL and ICICI Bank amid unabated foreign fund inflows. 

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  Gold Price Today: Gold declines Rs 104; silver falls Rs 736

  December 07, 2020 15:37 IST

  Gold prices declined Rs 104 to Rs 48,703 per 10 gram in the national capital on Monday in line with weak global prices of the precious metal, according to HDFC Securities. 

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  Moody's terms HDFC Bank's multiple digital outages 'credit negative'

  December 07, 2020 14:43 IST

  Last week, banking sector regulator Reserve Bank of India (RBI) had asked the bank to temporarily stop all launches under its digital 2.0 initiative and stop sourcing new credit card customers.

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  IndiGo to refund all passengers for flight cancellations due to lockdown

  December 07, 2020 14:57 IST

  IndiGo chief executive officer Ronojoy Dutta said the sudden outbreak of COVID-19 and the resulting lockdown brought the airline's operations to a complete halt by the end of March.

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  Rupee rises 7 paise to 73.73 against US dollar in early trade

  December 07, 2020 11:29 IST

  The rupee appreciated by 7 paise to 73.73 against the US dollar in the opening session on Monday on sustained foreign fund inflows and positive domestic equities.

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  Bharat Bandh: Petrol pumps to stay closed in THIS state on December 8

  December 07, 2020 12:02 IST

  Petrol pums in Punjab will stay closed on December 8 to show solidarity with the farmers who are protesting against the new farm laws.

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  Sensex, Nifty hit fresh lifetime highs in opening session

  December 07, 2020 10:57 IST

  Equity benchmark Sensex jumped over 150 points and Nifty crossed the 13,300 level to touch their fresh lifetime peaks in early trade on Monday tracking gains in index majors ICICI Bank, ITC and HUL amid persistent foreign fund inflow.