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Personal finance

What happens to your deposits if a bank fails: HDFC Bank warns customers with this message

The editor Nov 6, 2019
The warning message says that the banks are liable to pay customers only up to Rs 1 lakh in case the bank undergoes liquidation. (Image: Reuters)Depositors are worried. They are concerned about keeping their hard-earned money in a bank…
Job Market

Govt relaxes fumigation norms for imported onions till November 30

The editor Nov 6, 2019
Retail prices of onion in the country have remain high for more than a month due to 30-40 per cent decline in the kharif onion output because of heavy rains in the growing states. (Reuters)The Agriculture Ministry on Wednesday relaxed…
Featured

Asian markets flat as investors eye trade-deal developments

The editor Nov 6, 2019
…
Featured

Beyond windmills, Epoch’s Van Valen looks for grid improvements

The editor Nov 5, 2019
NEW YORK (Reuters) - At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important to judge companies by their spending on less glamorous areas like power…
Industry

AI is reinventing network operations: Bradley Mead, Head of Network Managed Services, Ericsson |…

The editor Nov 5, 2019
AI and automation are key components of the Ericsson Operations Engine, says Bradley Mead, Head of Network Managed Services, Ericsson.In order to address increasing network complexity, including a growing volume of devices, multiple…
Personal finance

PNB clocks Q2 profit of Rs 507 cr as provision eases

The editor Nov 5, 2019
Also, the shareholding of the government also increased to 83.19 per cent from 75.41 per cent in the previous quarter.State-owned Punjab National Bank (PNB) on Tuesday reported a profit of Rs 507.06 crore for the second quarter ended…
Job Market

Burger King IPO for Rs 400 crore: McDonald’s rival eyes bigger pie in India market

The editor Nov 5, 2019
Launched in 2014 in India, Burger King operates 202 restaurants, including seven sub-franchised Burger King Restaurants, across 16 states and union territories and 47 cities across India.Burger King eyes a bigger share of India market,…
Featured

Asian markets gain after Wall Street hits record highs

The editor Nov 5, 2019
…
Industry

Amazon now lets you book movie tickets online: What’s on offer

The editor Nov 4, 2019
Amazon brought in the feature after partnering with BookMyShow. However, the option is not yet available on the desktop website of Amazon.in. (REUTERS)You can now book movie tickets on Amazon. The tech giant introduced the new ticketing…
Personal finance

Why YES Bank’s NPAs rose 4-fold in a year; CEO Ravneet Gill tells reasons behind rising…

The editor Nov 4, 2019
For the three months to September in FY20, a sharp increase in bad loans, higher provisions and one-time deferred tax assets (DTA) dented YES Bank’s earnings.YES Bank’s MD & CEO Ravneet Gill said that unfortunate circumstances that…
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