RBI to issue new Rs 100 and Rs 50 denomination bank notes

MUMBAI: The Reserve Bank of India will shortly issue Rs 100 and Rs 50 denomination banknotes incorporating the new rupee symbol on the obverse and reverse, with inset letter ‘L’ in both the numbering panels, in the Mahatma Gandhi Series-2005 bearing the signature of Dr. Raghuram G Rajan, Governor, Reserve Bank of India, and the […]

Reliance Life launches ‘Online Term’

MUMBAI: Private insurer Reliance Life Insurance Company (RLIC) launched ‘Online Term’, an online life cover plan at an affordable premium. “Online Term is a simple life protection product that is based on – adequate cover and people should be able to buy it with ease. Our new offering empowers customers to make an informed choice […]

Ponzi schemes: Commission to look after complaints

KOLKATA: The Calcutta High Court Monday directed that the Justice (retd) Shyamal Sen Commission, formed to enquire into the Saradha Group and other similar companies, should entertain applications by people affected by other ponzi schemes. Justice Dipankar Dutta, taking up a petition by a person affected by a similar company, directed that the commission would […]

Jammu Chamber president calls on Vohra

JAMMU: President, Jammu Chamber of Commerce and Industries, YV Sharma called on Governor NN Vohra here at Raj Bhavan on Monday, an official spokesperson said. Sharma discussed with the governor various problems faced by the industrialists and traders in Jammu region and the efforts made by the Chamber to secure resolution of some of the […]

Foreign stake:HDFC Bank says law can’t apply retrospectively

MUMBAI: Private sector HDFC Bank Monday said parent HDFC, which is majority-owned by FIIs, shouldn’t be considered as foreign because changes in the law defining overseas stake in a firm cannot apply retrospectively. The remarks come in the backdrop of RBI banning foreign investors from picking up more shares in HDFC Bank. Under the present […]

Prime Minister’s Office seeks status report on gas pricing

NEW DELHI: The Prime Minister’s Office (PMO) has sought a status report from the Oil Ministry on issues around the implementation of the Cabinet decision to almost double natural gas rates. The Cabinet Committee on Economic Affairs (CCEA) had first on June 27, 2013, and then on December 19, 2013, decided to price all domestically […]

HTC launches its cheapest smartphone at Rs 8,700

NEW DELHI: With an aim to more than double its market share in two years in India, smartphone maker HTC today announced global launch of its lowest priced smartphone Desire 210 for Rs 8,700 here. “In the last 12 months or so we have been thinking about to come up with sub-Rs 10,000 product for […]

Cadbury India changes name to Mondelez India Foods Ltd

NEW DELHI: Cadbury India, a subsidiary of Mondelez International, today changed its name to Mondelez India Foods Limited. Reuters File Photo. Cadbury India, a subsidiary of Mondelez International, today changed its name to Mondelez India Foods Limited. The change in name of Cadbury is in line with the gradual changeover of the name of all […]

Kashmir to face vegetable shortage, price escalation due to freaky weather

Kashmir to face vegetable shortage, price escalation due to freaky weather

SRINAGAR: With extended rainy season this year delaying local farm produce, Kashmir is likely to face shortage of vegetable, as well as, price escalation in coming months. Wholesalers dealing the vegetables and fruits here say the shortfall in supplies and rise in prices may further get escalated due to expected strain in vegetable imports, as […]

Aryans to organise career counseling camp on April 25

SRINAGAR: To remove the confusion from the minds of the students regarding selection of career option, Aryans Group of Colleges would be organizing a “Career Counseling Camp” on April 25 at Aryans Campus situated near Chandigarh. Those who are interested to participate in the camp, may call on toll free helpline number of the Group, […]