Business

Paytm launches Digital Gold with MMTC-PAMP

Punjab News Express
NEW DELHI : Mobile payment and commerce platform Paytm on Thursday announced that it has collaborated with MMTC-PAMP to launch Digital Gold, which will enable its customers to buy gold online and store it in MMTC-PAMPs secure vaults free of charge.

Reliance Home Finance logs Rs 173 cr net, to get listed

Punjab News Express
MUMBAI : Housing finance company Reliance Home Finance Ltd, a subsidiary of Reliance Capital Ltd, on Wednesday said it closed the last fiscal with a net profit of Rs 173 crore (($20 million).

RBI governor suggests merging public sector banks

Punjab News Express
NEW YORK : Reserve Bank Governor Urjit Patel says that merging public sector banks and having fewer of them would be better for the sector and also help deal with problem of non-performing assets (NPA).

Punjab National bank bags Best MSME Bank Award

Punjab News Express
NEW DELHI : Punjab National Bank was awarded “BEST MSME BANK AWARD” instituted by Chamber of Indian Micro Small and Medium Enterprises under Large Banks Category on April 20, 2017 at New Delhi. Shri Arjun Ram Meghwal, Hon’ble Minister of State for Finance & Corporate Affairs presented the award to Dr. Ram S. Sangapure, Executive Director of the Bank

Hero cycles Panakj Munjal keen to set up silicon type cycle valley in Punjab

Punjab News Express
NEW DELHI: Amid the revival in industry sentiment in the state, Hero Cycles has shown interest in setting up a Rs. 400 crore cycle valley, on the lines of IT Silicon Valley, near Sahnewal in Punjab.

Apple iPhone 8 may have fingerprint reader at back

Punjab News Express
SAN FRANCISCO : A new diagram of iPhone 8 suggests that Apple may move the fingerprint reader to the back of the phone and the camera modules also appear to have changed.

Connect Broadband brings world class multi device protection in collaboration with F-Secure, Finland

Punjab News Express
CHANDIGARH : At a time when the number of smart devices is growing rapidly and the need to protect these from dangers of the digital world is becoming crucial, Connect Broadband brings its customers the latest international virus control program for multiple devices – the all new CONNECT SAFE Annual Pack. Just pay once and all your devices stay protected for one year.

PNB Launches new products for customers on its Foundation Day

Punjab News Express
NEW DELHI : Punjab National Bank celebrated its 123rd Foundation Day on 12.4.2017 and on the occasion  Usha Ananthasubramanian, MD & CEO of the bank launched three new products for customers viz. Automated electronic Toll Collection to facilitate hassle free toll payment/collection, Credit Card Mobile App and Scheme for financing Grid connected Roof Solar Power Project. One Mobile App was launched for employees to facilitate them to do HR related operations through mobile phone.

Reliance Defence partners with South Korean major for smart sensors

Punjab News Express
MUMBAI : Reliance Infrastructure-promoted Reliance Defence and South Korean major LIG Nex1 will jointly explore opportunities in supply of weaponry need by Indian armed forces, the company announced on Monday.

Punjab National Bank celebrates 123rd foundation day

Punjab News Express
NEW DELHI: Punjab National Bank celebrated its 123rd Foundation Day on 12.4.2017 and on the occasion Smt. Usha Ananthasubramanian, MD & CEO of the bank launched three new products for customers viz. Automated electronic Toll Collection to facilitate hassle free toll payment/collection, Credit Card Mobile App and Scheme for financing Grid connected Roof Solar Power Project. One Mobile App was launched for employees to facilitate them to do HR related operations through mobile phone.

Service tax rate to rise from 15% to 18% under GST: Hasmukh Adhia

By Meghna Mittal
NEW DELHI: Services sector is likely to attract a higher tax rate of 18 per cent from the current 15 per cent under the Goods and Services Tax (GST) regime, thus making services "slightly" more expensive, Revenue Secretary Hasmukh Adhia has said.

Narendra Modi Takes Over Former President Obama's Top Spot as the Most Followed World Leader on Instagram

Punjab News Express
NEW YORK : I ndian Prime Minister Narendra Modi has taken over former U.S. President Barack Obama’s position as most followed world leader on Instagram with 6.8 million followers on his account, closely followed by U.S. President Donald J. Trump in second place with 6.3 million followers, according to the newly released 2017 “World Leaders on Instagram” study by leading strategic communications and global public relations firm Burson-Marsteller.

Global challenges require global leaders

Punjab News Express
NEW DELHI : The life of 21st Century leaders is more formidable than ever. Authentic leadership requires acquiring relevant knowledge as well as having the experience of applying that knowledge in the practical world. Becoming an expertise in the field of leadership creates the opportunity to actually lead. According to the survey conducted by the senior executives, 76% believe that their organizations need to develop global-leadership capabilities, but only 7% at present are working effectively. 30% of US companies admit that they have completely failed to exploit their international business opportunities.

Gionee A1 gets record orders worth Rs 150 cr in 10 days

Punjab News Express
NEW DELHI : Chinese smartphone maker Gionee has claimed it has received 74,682 pre-orders worth Rs 150 crore for its flagship A1 device in just 10 days.

Flipkart raises $1.4 bn from Tencent, eBay, Microsoft

Punjab News Express
BANGALORE : E-commerce major Flipkart on Monday said it has raised a total of $1.4 billion from Tencent, eBay and Microsoft.

Vodafone India offers 4G roaming in over 40 countries via partner networks

Punjab News Express
CHANDIGARH : Vodafone India, one of India’s largest telecommunication service providers, today announced that its 4G customers will now be able to roam worry-free and seamlessly on high speed 4G networks while travelling overseas in over 40 countries. With the combined strength of its own network and that of its network partners across the globe, Vodafone now has the world’s largest 4G footprint on international roaming. Combined with Vodafone’s best international roaming packs, that allow free incoming as well as calls & data browsing at home prices, Vodafone users can now enjoy worry free roaming even when abroad.

RBI maintains key lending rate at 6.25%

Punjab News Express
MUMBAI : The Reserve Bank of India (RBI), in its first bi-monthly monetary policy review of 2017-18, on Thursday kept its key lending rate unchanged at 6.25 per cent, saying it awaited further macroeconomic data before making changes.

Jio will continue to remain disruptive: Jefferies

Punjab News Express
NEW DELHI : With 72 million subscribers enrolling for prime membership till March 31, Reliance Jio will remain disruptive given its aspirations, investment banking firm Jefferies said here on Wednesday.

PayU launches deferral payment facility 'LazyPay' in India

Punjab News Express
MUMBAI : Global online payment service PayU India on Wednesday launched 'LazyPay' that provides deferral payment facility and is aimed at those who transact digitally for any amount between Rs 500 and Rs 2,500.

Post-merger, SBI opens with 500 million customers

Punjab News Express
MUMBAI : Post-merger of five associate banks and the Bharatiya Mahila Bank, top public sector lender State Bank of India (SBI) began operations on Monday with 500 million customers, SBI Chairperson Arundhati Bhattacharya announced here.

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