New Delhi, Mar 27 (UNI) Intensifying its crackdown on E-Commerce firms against substandard products, the Bureau of Indian Standards conducted a search and seizure operation at the warehouses of Amazon Sellers Pvt Ltd, located in Mohan Cooperative Industrial Area, Delhi, on March 19. The operation, lasted over 15 hours and more than 3,500 products, both…
New Delhi, Mar 26 (UNI) IT major Wipro on Wednesday said that it has won a 500 million UK Pound, 10-year strategic deal with Phoenix Group, the UK’s largest long-term savings and retirement business. The project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group’s operational transformation,…
Mumbai/New Delhi, Mar 26 (UNI) The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 75 on HDFC Bank for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. The Statutory Inspection for Supervisory Evaluation of the bank was conducted by RBI with reference to its financial position as…
Mumbai, Mar 26 (UNI) The equity market got a brake on Wednesday after seven days rally, with BSE sensex tanked 728.69 pts to settle at 77,288.50 owing to uncertainty over US tarrif alongwith profit booking. Even, increasing oil prices in the globe and strong Dollar too impacted the market The National Stock Exchange (NSE) slipped…
Mumbai/New Delhi, Mar 26 (UNI) The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 68.20 lakh on public sector lender Punjab & Sind Bank for non-compliance with certain directions issued by RBI on “Creation of a Central Repository of Large Common Exposures – Across Banks”, known as Central Repository of lnformation…
Kolkata, Mar 25 (UNI) India’s leading telco Vi on Tuesday announced signing a Memorandum of Understanding (MoU) with the West Bengal State Export Promotion Society (WBSEPS). Through this MoU, Vi will work with WBSEPS for digital transformation of MSMEs in the State. By assessing and evaluating the digital needs and identifying opportunities of digitalization in…
New Delhi, Mar 25 (UNI) Haryana-based quick services restaurant, Pizza Wings, on Tuesday said it has successfully secured fresh funding of USD 2.8 million in a follow-up round from marquee investors, including Gruhas—the investment arm of Nikhil Kamath and Abhijeet Pai, Udaan co-founder Sujeet Kumar, and other strategic investors. The current funding follows their previous…
Mumbai, Mar 25 (UNI) The BSE Sensex on Tuesday ended almost flat at 78,017.19, up a tad by 32.81 points, on the strength of IT stock. The National Stock Exchange (NSE) also ended marginally up by 10.30 pts at 23,668.65. The Sensex opened on a strong note at 78,296.28, up 312 pts. During the day,…
Mumbai, Mar 25 (UNI) State owned lender Bank of India, today said it has signed a Memorandum of Understanding (MoU) with the Indian Air Force to extend the BOI Rakshak Salary Package to Air Force Personnel, Veterans and Agniveers (recruited under the Agnipath Scheme). The MoU covers special benefits including enhanced free comprehensive Personal Accident…
Mumbai, Mar 24 (UNI) Maintaining a winning streak intact for the sixth consecutive session on Monday, the BSE Sensex rallied 1078.87 pts at 77,984.38 following gains in Power, Bankex and Financial services stocks amid strong foreign capital inflows. The National Stock Exchange (NSE) rose 307.95 pts at 23,658.35. The equity market remained in the green…
