- "Unfortunate", says Ola cabs post 6 months ban in Karnataka
App-based cab aggregator Ola has been banned in Karnataka for the next six months, the state transport department issued a notification. The licence has been suspended for "operating bike taxis" without permission, which was already banned in the state since the last one year.
- CompaniesJet Airways suspends services on 13 International routes till April end
Standing on the verge of falling down, Jet Airways has suspended its service on 13 International routes till April end as the company was forced to ground seven planes due to non-payment of rentals, taking the number of such aircraft to 54.CompaniesJet Airways pilots plead for unpaid salaries
Jet Airways is standing on the verge to collapse at any moment and the staff is now pleading for its unpaid salaries. The airlines is under a massive debt of a billion dollars and has failed to pay salaries to its staff.Finance and MarketsSBI Yono App Features: How to withdraw money without using ATM card
The State Bank of India has launched its smart app, YONO Cash with which customers can withdraw money from ATMs without using a card. SBI customers can now generate a one-time pin (OTP) on their mobile application and use the pin to transact from the bank’s ATM.CompaniesCentre asks state-run banks to help Jet Airways from slipping into bankruptcy
The central government has asked the state-run banks to rescue Jet Airways from slipping into bankruptcy; the step comes as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election, two people within the administration told Reuters.CompaniesAmbani brothers move beyond past; Mukesh Ambani saves brother Anil as debit paid off
Mukesh Ambani saved his younger brother Anil from imprisonment by paying money owed by him to Ericsson. The news broke at the eleventh hour of the deadline for Anil’s Reliance Communications to clear Rs 580 crore due to the Swedish equipment maker.Companies"Deeply touched": Anil Ambani thanks Mukesh Ambani for saving him
Industrialist Anil Ambani paid his dues to the Swedish telecom giant Ericsson one day before the Supreme Court deadline with the help of his brother and India's richest man Mukesh Ambani.CompaniesDONEAR NXG ropes in Sushant Singh Rajput as brand ambassador
A popular brand in the market with top celebrity Sushant Singh Rajput as the brand ambassador, it combines style and comfort in a seamless and debonair manner, which is present in the Mid-Price category.CompaniesSleepyCat: All you need to know about India's first box mattress
SleepyCat is India's first box mattress company. Started by 29-year old, Kabir Siddiq in August 2017, the company aims to simplify the entire process of buying a mattress.Finance and MarketsConsumer inflation rises to 2.57% in February: Government
The consumer inflation stands at provisional 2.57% in the month of February as mentioned by the latest data released by the government. Consumer inflation in January was revised downwards to 1.97 per cent from 2.05 per cent, according to the official statement.CompaniesGood news for EPF holders: Ensure automatic PF transfer when you change job
For long time, employees who generally switch job have to face problems in transfer of provident fund money from previous company to the new one. But after some days, the PF transfer process will be less troublesome. The Automatic PF transfer will happen once the employee joins a new organisation. After changing jobs, one need not apply for PF Transfer and neither one will have to be worried about the PF Transfer status.InternationalIndia seeks Saudi investment for emergency oil reserves
The Modi-ruling government is looking forward to getting investment support from Saudi Arabia in terms of building emergency crude reserves that will act as a buffer against volatility in oil prices and supply disruptions for the third-largest oil consumer.Finance and MarketsState Bank of India (SBI) National Pension System: All you need to know
India's largest public sector bank, the State Bank of India (SBI) is offering National Pension System (NPS) for providing social security to all citizens of country. NPS is a government scheme offered as a part of the pension sector reforms. It is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). Interested people between the age group from 18 years to 65 years can avail the benefits of NPS. But, before opening an NPS account it is necessary to know these important things.Finance and MarketsPM Modi launches new coin series including Rs 20 coin: All you need to know
The government of India has released new Re 1, Rs 2, Rs 5, Rs 10 with fresh design and keep into account the visually impaired citizens. Also, govt. has also issued a new Rs 20 coin which is completely new in the market. New coins series have been designed by the National Institute of Design with several differentiating features to make it easier for visually-impaired individuals to identify them.Finance and MarketsIncome Tax Filing: 10 ways to invest your money wisely
Income Tax filing time has come where many of us look forward to increasing our investments which may help in saving tax and also better returns. According to experts, it is always beneficial to go for long-term investments. Here are 10 ways one can choose to invest his money wisely.CompaniesEPFO officers upset at new pension scheme duties; they 'are being forced'
The recently announced pension scheme for unorganised section has brought smiles in the face of thousands but then, the officers at Employees’ Provident Fund Organisation (EPFO) are upset with the additional duty pressure. Sources confirm that they are not happy with the government’s diktat that asked the statutory body to organise and implement the nationwide launch of the scheme in which EPFO has no official role.Finance and MarketsAnydesk application may steal your money, warns RBI
The Reserve Bank of India (RBI) has issued a warning to the smartphone users against fraud online applications being used to steal money. The download links that appear in mobile phones including device control apps like AnyDesk convinces people to download them on their mobile. Such applications give access to fraudsters in remotely using your mobile device for carrying out fraudulent transactions.InternationalGeneralized System of Preferences (GSP) in US: All you must know
The India government may face tough time in terms of trading as the US President Donald Trump intends to end India's GSP programme that allows USD 5.6 billion worth of the country's export to enter the United States duty free. To inform, the decision has been taken after India unveiled new rules on e-commerce that restrict the way Amazon and Walmart backed Flipkart do business.CompaniesAir India initiates disciplinary action against 4 staffers for stealing food
Air India on Monday initiated disciplinary action against its four employees for allegedly "stealing" unserved food and dry ration from its planes, senior officials of the national carrier said.