BUSINESS AWAAZ

Apple CEO gets $750 Million Bonus

By TIA WEB DESK Apple ‘s CEO, Tim Cook, was recently given a bonus of $750 million worth of Apple stock, marking his 10th anniversary as CEO. The bonus was revealed in a regulatory filing. He promptly cashed out the 5 million shares, which were given based on both performance and time with the company. … Continue reading Apple CEO gets $750 Million Bonus →

‘Bangladesh, India has ample scope to work together in textile industry’

DHAKA Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has said Bangladesh and India can reap more mutual trade benefits through further collaboration, especially in the area of apparel and textile industry. “There are huge opportunities for Bangladesh and India to complement each other in boosting apparel and textile business in both countries,” … Continue reading ‘Bangladesh, India has ample scope to work together in textile industry’ →

E-Shram Portal- National Database on Unorganised Workers launched

Staff Repoter Labour and Employment Minister Bhupendra Yadav today launched e-Shram portal – National Database on Unorganized Workers in New Delhi. The portal will maintain a database of workers in the country’s unorganised sector and facilitate better implementation of various Social Security Schemes for their welfare. Minister of State for Labour and Employment Rameshwar Teli … Continue reading E-Shram Portal- National Database on Unorganised Workers launched →

Govt will support startups and entrepreneurs in the most challenging phase: Ashwini Vaishnaw

AMN / NEW DELHI Electronics and IT Minister Ashwini Vaishnaw on Wednesday said government will support startups and entrepreneurs in the most challenging phase which is the initial risk phase. He also stated that India will scale up the network of incubators and accelerators to phenomenal levels to serve 1.3 billion people. Speaking at the … Continue reading Govt will support startups and entrepreneurs in the most challenging phase: Ashwini Vaishnaw →

Govt approves IBA’s proposal to increase family pension to 30% of last salary drawn

AMN / MUMBAI The Central Government has approved to increase the family pension of bank employees to 30 per cent of last salary drawn. This move would make family pension go up to as much as 30,000 rupees to 35,000 rupees per family of bank employees. This proposal was given by the Indian Banks’ Association’s … Continue reading Govt approves IBA’s proposal to increase family pension to 30% of last salary drawn →

Govt to launch special incentive scheme to support 75 start-ups

AMN Government will soon launch a Special Incentives scheme to support 75 Start-Ups in areas of Telemedicine, Digital Health and Artificial Intelligence to coincide with the Azadi ka Amrit Mahotsav. The scheme will be launched by the Biotechnology Industry Research Assistance Council, BIRAC, a Public Sector Enterprise under the Department of Biotechnology. This was disclosed … Continue reading Govt to launch special incentive scheme to support 75 start-ups →

‘Can’t Sell Country’s Assets’: Mamata on National Monetisation Pipeline Policy

AMN West Bengal Chief Minister Mamata Banerjee on Wednesday came down heavily on the Centre’s National Monetisation Pipeline (NMP) policy, saying Prime Minister Narendra Modi cannot sell the country’s assets. “It is not Modi’s assets. It is the country’s assets. Modi cannot sell the country’s and the public’s assets like this. It is not the … Continue reading ‘Can’t Sell Country’s Assets’: Mamata on National Monetisation Pipeline Policy →

RBI permits card-tokenisation services in a bid to make card transactions more safe

AMN / NEW DELHI The Reserve Bank of India has permitted authorised card networks to offer card tokenisation services to any token requestor in a bid to make card transactions more safe, secure and convenient for the users. In a notification issued yesterday, RBI said that it has provided the facility to interested card holders … Continue reading RBI permits card-tokenisation services in a bid to make card transactions more safe →

Over 1,500 artisans have been benefitted by training in 63 Samarth Training Centres

AMN / NEW DELHI Textiles Ministry on Wednesday said that more than 1,500 artisans have been benefitted by training in 63 Samarth Training Centres. The Ministry is implementing the Samarth Scheme for Capacity Building in Textile Sector. The objective of the scheme is to provide demand driven, placement oriented skilling programmes to supplement the efforts … Continue reading Over 1,500 artisans have been benefitted by training in 63 Samarth Training Centres →

CCEA approves FDI proposal of Rs 15000 cr investment by Anchorage Infrastructure Investments Holdings Ltd

Staff Reporter The Cabinet Committee of Economic Affairs (CCEA) has approved the FDI proposal for an investment of upto 15 thousand crore rupees by Anchorage Infrastructure Investment Holding Limited. The investment will be a major boost to the infrastructure, construction and also to the Airport sector. It will also be a significant boost to the … Continue reading CCEA approves FDI proposal of Rs 15000 cr investment by Anchorage Infrastructure Investments Holdings Ltd →