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P&G Stops Sale of cough-and-cold drug ‘Vicks Action 500 extra’ after...
U.S. consumer health giant Procter & Gamble’s (P&G) has discontinued the manufacture and sale of its popular brand ‘Vicks Action 500 Extra’ citing to its potential health risk. The product is a...
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Vijay Mallya’s Kingfisher House to be auctioned by Banks today
One of Vijay Mallya’s flagship property, Kingfisher House, in Mumbai will be auctioned online today to recover part of his Rs 6963 crore debt to 17 banks. The e-auction will be conducted by State Bank...
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IDBI Bank staffs go on a 4-day Strike from Monday
Mumbai: Owing to a protest at the government’s plan to divest stake in the bank, a considerable number of IDBI Bank’s staffers, including officers will strike from Monday. Nearly 18,000 employees have...
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Employees can now earn Interest on Inactive EPF Accounts
Millions of organized sector employees who have inactive Employees Provident Fund (EPF) savings may start receiving interest payments soon. A four-year-old decision which barred inactive EPF accounts...
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Banks Fix Base Price to Rs 366 Crore in Auction of Kingfisher Trademarks
On April 30, the trademarks of Kingfisher will be auctioned online with a reserve price fixed at Rs 366.70 crore, said SBICap Trustee Company in a public notice. Bidders can submit their bid before 5...
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E-Commerce Firms Would Need to Rework on Their Businesses
New Delhi: Many e-commerce companies will have to restructure their complex business patterns as there is less transparency on the impact of current regulations on Internet firms, said law experts,...
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With the Bank’s New Rate System, Short-term Loans Get Cheaper
Mumbai: The good news for the borrowers!! From April 1st, 2016 the new lending structure will make banks to value loans in view of their marginal cost of funds rather than their average cost of funds....
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Vineet Singh, Ex- Head, 99Acres.com Invests in Housing.com
Mumbai: Vineet Singh, former business head of 99Acres.com has invested in housing.com. The amount of investment is not disclosed yet. Singh has developed 99Acres.com and Naukri.com right from start-up...
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RBI Cuts Repo Rate By 25bps to 6.50%
Mumbai: The key policy rates are cut by 25 basis points to 6.50%, by the Reserve Bank of India (RBI) during its first monthly monetary policy of the new financial year. With effect from the fortnight...
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ABB joins Hands with IIT-Madras to build microgrids for Rural Electrification
Chennai: Global power and automation company, ABB has signed a memorandum of understanding (MoU) with the Institute of Technology (IIT) Madras to enter a technical co-operation to build microgrids and...
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