They were meant to replace the demonetised currency, but some new 500-rupee notes are causing some confusion — because of printing errors. Apparently, in a rush to go to print, an unspecified number — no one knows exactly how many — of notes of Rs 500 denomination have visible ... Read More »
BAREILLY: Manish Gupta, 33, a software developer based out of Lucknow, has been pestered by calls from real estate+ agents. On the offer was a chance to invest black money in the business. “The offer was 60:40 on the deal. I then learnt that one lakh rupees, comprising Rs 1,000 ... Read More »
NEW DELHI: With the government extending use of old Rs 500 and Rs 1,000 notes, among other things, to buy airline tickets from airport counters till Monday midnight, airlines have come out with stringent norms to check misuse of this relaxation. India’s largest domestic airline IndiGo, for instance, tweeted: “Tickets ... Read More »
New Delhi: In the high-profile Saradha Realty case, the Securities and Exchange Board of India (Sebi) on Friday imposed a fine of Rs 2 crore on the company, its chief Sudipta Sen and two directors for failing to comply with its earlier directions to wind up illicit money-pooling schemes and refund the investors. Saradha ... Read More »
wali is almost here. This means it is that time of the year when many of you buy a phone or two, among a bit of some more festive shopping that happens inevitably. Nowadays, Rs 20,000 is sort of money that ought to fetch buyers a good enough phone. This ... Read More »
Debt laden Reliance Communications Ltd (RCom) of the Reliance Anil Dhirubhai Ambani Group has signed a non-binding term sheet for the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore. Under the term sheet, ... Read More »
Domestic technology firm Intex Technologies has announced the dynamic LED 2111-FHD. The device, which comes with a 53-cm ADS panel and a native resolution of 1920 X 1080, provides crisp and clear viewing angles, noise reduction along with a dynamic contrast ratio at a price of just Rs 9,990. According ... Read More »
NEW DELHI: In the biggest consolidation deal in India’s telecom sector, Reliance Communications and Aircel on Wednesday announced the merger of their wireless operations to create a combined entity with assets worth Rs 65,000 crore. RCom and Maxis Communications Berhad (MCB) hold 50% each in the merged entity with equal ... Read More »
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The Centre on Thursday announced a ‘special assistance’ of Rs. 1,976.5 crore for residual Andhra Pradesh to help it tide over the financial impact caused by the bifurcation of the erstwhile undivided State. MPs from the State had raised the issue in the recently-concluded session of Parliament and the State ... Read More »
NEW DELHI: Embattled real estate firm Unitech Ltd was today directed by the Supreme Court to deposit Rs 15 crore principal amount by September-end to pay back investors who had bought flats in its Gurgaon project but not got possession on time. “We feel pained,” a bench of Justices Dipak ... Read More »
Embattled real estate firm Unitech Ltd. was on Wednesday directed by the Supreme Court to deposit Rs. 15 crore principal amount by September-end to pay back investors who had bought flats in its Gurugram project but not got possession on time. “We feel pained,” a Bench of Justices Dipak Misra ... Read More »
