SEBI Circular on Segregation & Monitoring: The Impact Dt. 01 Dec 2021

December 1, 2021, will see a major change in how the Indian markets operate, coming on the heels of the changeover to the 100% margining system and just prior to the T+1 settlement system.  There are major implications for clients and the broking community at large of such changes. This article presents a brief on … Read more

TCS becomes world’s most powerful IT Services brand

TCS_World_Best_IT_Service

Tata Consultancy Services (TCS), India’s top IT services and consulting company today said that it has been rated as the world’s most powerful brand in IT Services by Brand Finance, the world’s leading brand valuation firm. Brand Finance’s 2016 annual report evaluates thousands of the world’s top brands to determine which are the most powerful, … Read more

Modi’s New Year gift: With ATMs and all, ‘Post Bank’ is readying itself to serve the poor

Modi's_New_Year_Gift

Things are fast progressing for India Post’s grand entry to banking industry. As the latest step, on Tuesday, the NDA-government amended the Post Office Savings Bank General Rules, 1981 to permit select offices of Department of Posts to issue ATM cards to savings bank account holders and issue account statements, instead of the traditional passbooks. … Read more

MTNL Launches New Schemes on Good Governance Day

On the occasion of Good Governance Day, Minister of Communications & Information Technology Shri Ravi Shankar Prasad has launched three new schemes and services for the customers of MTNL. These schemes and services of MTNL are expected to deliver better services to its customers and will synergize with the initiatives being taken to achieve Good … Read more

Vodafone to encourage start-ups in mobile apps in India

Leading telecom service provider Vodafone would actively encourage start-ups in the mobile applications arena as part of facilitating young entrepreneurs, MD and CEO Marten Pieters said.“We have created a new platform for young entrepreneurs who have developed mobile apps,” Pieters said at Infocomm 2014 here today. He said that Vodafone would offer such start-ups to … Read more

Barnes and Noble, Microsoft end two year Nook Media partnership

Barnes & Noble struck a deal to buy Microsoft’s stake in Nook Media LLC, ending a two-year partnership and clearing the way for the bookseller to spin off its loss-making e-reader and digital content division. Barnes & Noble shares closed down 5.4 percent on the New York Stock Exchange after the company also reported a … Read more

Food Ordering App TinyOwl Raises USD 3M from Sequoia and Nexus

Mumbai-based food ordering app, TinyOwl has raised USD 3 million led by Sequoia Capital and Nexus Ventures Partners. In August, the company had received USD 1 million. The latest round brings its total capital up to USD 4 million. As per an ET report, the raised funds will be used to expand its presence in … Read more

Huawei and SingTel Team up to Launch 5G Joint Innovation Program

Chinese smartphone and telecommunication equipment manufacturer Huawei  will launch a joint innovation program with Singapore telecommunications and multimedia company, SingTel to develop 5G technology. As revealed on Thursday, at a forum in Shanghai, both companies will set up a team to conduct the 5G trial. Huawei has also previously announced global plans to invest a minimum of USD … Read more

Rattled by Chinese submarines, India joins other nations in rebuilding fleet

is speeding up a navy modernisation programme and leaning on its neighbours to curb Chinese submarine activity in the Indian Ocean, as nations in the region become increasingly jittery over Beijing`s growing undersea prowess. Just months after a stand-off along the disputed border dividing India and China in the Himalayas, Chinese submarines have shown up … Read more

Mercedes-Benz inaugurates new dealership in Mumbai

Mercedes-Benz

Mercedes-Benz India today opened a new dealership in Mumbai, Maharashtra. Located at Aston Tower, Lokhandawala, Andheri, the facility was inaugurated by Eberhard Kern, Managing Director & CEO, Mercedes-Benz India and Mohan Mariwala, Managing Director, Auto Hangar India Pvt. Ltd. With nine outlets in Mumbai (including this latest one) 13 outlets in Maharashtra, the Three Pointed … Read more