Business, Economy, 24th Aug 2017, News & Stories from India

Saturday, Apr 20, 2024 | Last Update : 04:30 AM IST

Business Economy 24 Aug 2017

Business, Economy, 24 Aug 2017

Infosys Board blamed Narayana Murthy's "continuous assault" as the primary reason for CEO Vishal Sikka quitting the company.

Ex-Infosys staff slam board, demand withdrawal of statement against Murthy

The Infosys board had defended outgoing CEO Vishal Sikka and blamed Narayana Murthy for his resignation.

24 Aug 2017 8:28 PM

EPFO will go paperless by August next year as part of Digital India initiative.

EPFO to go digital by August 2018, PF services a click away

This will be a big boom for the formal sector workers as well as their employers.

24 Aug 2017 7:54 PM

Government's move to address problem of NPAs will help resume lending to the crippled steel sector, said a report by SBI Research.

Addressing NPA problem to help resume lending to steep sector: Report

Essar Steel, Bhushan Steel, Monnet Ispat, Electrosteel Steel and JSPL -- are seen to have the maximum NPA problems.

24 Aug 2017 7:45 PM

Law and IT Minister Ravi Shankar Prasad said that the government expects recommendations of data protection committee to come by the end of 2017. Photo: ANI/Twitter

Panel to submit report on data protection by year-end: IT Minister

The government may frame a separate law, if required, or introduce regulations under IT Act for data privacy.

24 Aug 2017 6:39 PM

Bank officers' union AIBOC has condemned government's move of setting up Alternative mechanism to oversee bank mergers. Photo: PTI/ Representational

Bank Union opposes Alternative Mechanism, says it may wreck banks

Union Cabinet on Wednesday said an Alternative mechanism will be set up to oversee consolidation of banks.

24 Aug 2017 6:23 PM

The commerce ministry will work with IT firm Intellect Design Arena Ltd to make Government e-Market (GeM) portal more dynamic. Photo: GeM website

Commerce Ministry to upgrade GeM portal in 6 months

Use of government's e-marketplace by central and state departments would also help save taxpayers' money.

24 Aug 2017 4:14 PM

This is how the new Rs 200 note will look. Photo:Twitter| @ANI

Get your Rs 200 notes tomorrow; find out how it looks

Reserve Bank of India on Thursday announced that Rs 200 notes will be rolled out on August 25, Friday.

24 Aug 2017 1:18 PM

Government has also made linking of Aadhaar with PAN compulsory. (Photo: File)

SC's 'Right to Privacy' ruling a setback for Centre, Aadhaar mandates?

Apex court says Right to Privacy is part of Right to Life that is a fundamental right enshrined in Article 21.

24 Aug 2017 11:31 AM

Infosys co-founder and former CEO Nandan Nilekani. (Photo: PTI)

ICICI, HDFC, Reliance funds pitch for Nilekani return to Infosys

This is the second major pitch for bringing back Nilekani after an investor advisory firm IiAS .

24 Aug 2017 10:05 AM

RBI has also introduced new fluorescent blue Rs 50 banknotes bearing the motif of ‘Hampi with Chariot’ that depicts India’s cultural heritage.

RBI gets green signal for Rs 200

Arun Jaitley refuted all suggestion that the Rs 2,000 note will be banned by the government or will soon be phased out of circulation.

24 Aug 2017 3:48 AM

Finance Minister Arun Jaitley with minister for social justice and empowerment Thawar Chand Gehlot after a meeting in New Delhi on Wednesday. (Photo: PTI)

Cabinet nod for merger of PSBs

“The decision would facilitate consolidation among the Nationalised Banks to create strong and competitive banks,” a statement said.

24 Aug 2017 3:39 AM

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Shobhaa De