Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) on Saturday announced that TPG, a global investment firm, will invest Rs 1,837.5 crores into RRVL, a subsidiary of Reliance Industries. The investment by GIC values RRVL at a pre-money equity value of Rs 4.285 lakh crore and it will translate … Read more
Category: Business and Finance
Gold and silver rates today hikes in Delhi, Chennai, Kolkata, Mumbai on 03 October 2020
Gold rates on Saturday have gone up following the global rates. On MCX, the gold rates have increased by Rs. 120 to Rs. 52,990 while the silver rates are at Rs. 61,200. The gold rates have increased according to global markets where the investors had catched up the profits amid … Read more
International Coffee Day Observed at The Chocolate Room Tezpur to pay tribute and celebrate the efforts of hard work of the Coffee Farmers
The Chocolate Room Tezpur also announced their collaboration with the organisation Mitti Ke Rang in their campaign “Million Candles” to support the livelihood of the grassroots women entrepreneurs. Announced “Work from Cafe” at The Chocolate Room, Tezpur. October 1, Tezpur: International Coffee Day was celebrated in The Chocolate Room Tezpur … Read more
SBI, PNB, ICICI Bank, HDFC Bank customers alert! These debit, credit card services will end today
SBI, PNB, ICICI Bank, HDFC Bank and other banks’ credit and debit card holders were given some services during the COVID-19 lockdown and notably, these are going to end from midnight today. As per the new RBI norms, bank customers will have to share their priority for international, online and … Read more
Mukesh Ambani made Rs 90 crore every hour since lockdown
Mukesh Ambani gained Rs 90 crore per hour since the coronavirus lockdown in March, thus retaining his position as the richest Indian for the ninth consecutive year on the IIFL Wealth Hurun India Rich List 2020. Ambani, who is the only Indian in the world’s top 5 richest persons, amassed Rs 2,77,700 … Read more
Temporary retention of GST cess pending reconciliation not diversion: FinMin sources
New Delhi, Sep 26 (PTI) Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be termed as diversion. Days after the Comptroller and Auditor General (CAG) flagged that the Centre in the … Read more
TikTok parent company ByteDance gives cash bonuses to employees in India
TikTok parent Bytedance has issued cash bonuses to employees in India, despite a ban remains in place for the Chinese short video making app TikTok. Bytedance has given cash bonuses to employees who had worked for 26 or more days between July and August to monetarily assist during the coronavirus … Read more
Trai drops probe against Voda Idea on priority plan issue after telco tweaks offer
New Delhi: Telecom regulator Trai has decided to drop proceedings against Vodafone Idea Ltd (VIL) in priority plan matter after the telco withdrew contentious claims on faster speed and modified its offering. The move brings down curtains on the controversial priority plan issue, which saw the Telecom Regulatory Authority of … Read more
Amazon launches new version of Echo devices in India
US technology firm Amazon announced a new version of artificial intelligence based Echo speakers in the price range of Rs 4,499 to Rs 9,999 a unit. “Our team really worked very hard to shave off 100s of milliseconds from Alexa response time. They invented a new AZ1 neural edge processor. … Read more