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A still from Angadi Theru, the film based on textile workers

Life

Standing ovation to sit down

There have been similar protests by the staff of other textile shops too.

6 July 2018 7:29 PM GMT

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

Business

NSE imposes Rs 1 crore penalty on Electrosteel Steels

The penalty was imposed for non-compliance with Regulation 33 of the LODR Regulations.

6 July 2018 8:02 AM GMT

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Business

SC declines Oil Min request to stay sharing of documents on Reliance...

Reliance holds 66.6 per cent interest in block KG-DWN-98/3 or KG-D6 in the Bay of Bengal.

8 Oct 2019 6:53 AM GMT

The Department of Telecom has issued 13-digit numbers to telecom operators for the trial of machine-to-machine (M2M) communications like smart electric metres and car tracking devices.

Business

Telcos have to pay Rs 1.47 lakh cr dues; no proposal to waive off...

Supreme Court last month held that non-telecom revenues have to be considered for calculating statutory dues.

20 Nov 2019 12:14 PM GMT

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by NBFC Bajaj Finance with its customers. (Photo: ANI)

Business

RBI imposes monetary penalty of Rs 10 million on Bajaj Finance

The order is dated Jan 3 and penalty has been imposed in the exercise of powers vested in RBI under relevant provisions...

15 Jan 2019 9:22 AM GMT

The rules will enable operators to improve coverage and capacity and address the issue of call drops, ultimately benefiting consumers.

Business

Penalty of Rs 58 lakh on telecom service providers for call drop

During the March quarter, Rs 3 lakh penalty was imposed on BSNL, Rs 10.5 lakh on Idea, Rs 22.5 lakh on Tata and Rs 6...

4 Jan 2019 11:40 AM GMT

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

Business

RBI slaps Rs 2 cr penalty on PNB for violating SWIFT norms

PNB said the Reserve Bank in a letter dated March 25 has informed the bank about the penalty.

26 March 2019 11:00 AM GMT

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Business

Sebi fines 4 entities Rs 27 lakh for fraudulent trading in BSE stock...

Sebi said it was a deliberate attempt to deal in such a fashion and not a mere coincidence.

23 March 2019 7:00 AM GMT

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Business

RBI slaps penalties on 36 major banks for non-compliance in SWIFT...

Reserve Bank of India has imposed penalties worth Rs 71 crore on 36 public, private and foreign banks.

9 March 2019 5:21 AM GMT

Business

Emission fiasco: NGT slaps Rs 500 crore fine on Volkswagen

The case relates to health damage caused by excess emissions of pollutants and emissions violations.

7 March 2019 7:08 AM GMT

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

RBI slaps Rs 1 cr fine on Yes Bank for non-compliance in Swift...

Swift is the global messaging software used for transactions by the financial entities.

5 March 2019 5:36 AM GMT

Facebook said that it will instead offer the traditional ways of verifying accounts such as a code sent to their phone. (Photo: ANI)

Technology

Privacy penalty: Facebook to cough up $3 billion

Shares of the world's biggest online social network jumped more than 10 per cent to $200.50.

25 April 2019 4:15 AM GMT