Sunday , 23 September 2018
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India, Kenya revise tax treaty

NEW DELHI: The Indian and Kenyan governments have revised their double taxation avoidance agreement (DTAA) to bring down the withholding tax rates, protect treaty from abuse and check tax evasion, an official statement said on Thursday. Please like & share: Read More »

India, China lead AI investment, adoption in Asia: report

NEW DELHI: Asian enterprises, especially those in India and China, are fast adopting Artificial Intelligence (AI) to reinvent their business models and perceive AI as a complete disruptive force, a new Forrester research said on Wednesday. Please like & share: Read More »

‘Jio to invest Rs 10,000 cr in 3 yrs in UP’

LUCKNOW: Reliance Jio will invest another Rs 10,000 crore in Uttar Pradesh over the next three years, Reliance Industries Limited Chairman Mukesh Ambani said here on Wednesday. Please like & share: Read More »

QUICK NOTES

BMW launches F 750 GS, F 850 GS PANAJI: BMW Motorrad India has launched the all-new BMW F 750 GS and the all-new BMW F 850 GS Wednesday in India at the Auto Expo 2018. Please like & share: Read More »

Govt gives nod to machine-to-machine SIM numbers

NEW DELHI: The Department of Telecommunications (DoT) has asked telecom service providers to start issuing 13-digit digit numbers for SIM based machine-to-machine (M2M) services, which will co-exist with 10-digit numbers. Please like & share: Read More »

‘Expect AI divestment to complete in a year’

NEW DELHI: The Union Minister of Civil Aviation, Ashok Gajapathi Raju, on Wednesday said he expects the divestment process of public carrier Air India to be completed within a year. Please like & share: Read More »

QUICK NOTES

BMW launches F 750 GS, F 850 GS PANAJI: BMW Motorrad India has launched the all-new BMW F 750 GS and the all-new BMW F 850 GS Wednesday in India at the Auto Expo 2018. Please like & share: Read More »

SBI Card cautions customers against Bitcoin investment

PTI   NEW DELHI SBI Card on Monday cautioned customers of risks associated with bitcoin and other crypto-currencies, but did not ban use of its credit card for such investments. With a customer base of over 5 million, SBI Card is the second largest credit card issuer in India. Earlier this month, Citi India had banned used of its debit ... Read More »

Rupee pushed to three month low

REUTERS   LONDON The Indian rupee slid to a near three-month low on Tuesday amid growing concerns about an alleged major bank fraud at India’s second-largest state-run lender, whilst emerging stocks fell half a percent. The rupee fell 0.9 percent against the dollar to its weakest since mid-November as investors eyed the potential broader implications from the alleged $1.77 billion ... Read More »

Decoding The Biggest Banking Fraud

Dr D M Deshpande The Punjab National Bank (PNB), the second largest public sector bank announced that it has been defrauded by a massive $1.8 billion (Rs.11,400 crore). To put the size of the scam in perspective, it represents about one-third of its market capitalization! There are more astonishing details that are still emerging. One, the epicenter of the fraud ... Read More »