RBI calls for recapitalization of state-run banks
AMN Reserve Bank of India today called for recapitalization of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at nine point six…
Know the details of new Rs 50 notes
AMN RBI will shortly issue new banknotes of Rs 50 denomination in the Mahatma Gandhi (New) Series. A RBI press release has informed that the base colour of the new…
RBI to issue new Rs 50 currency note
AMN RBI will shortly issue new banknotes of Rs 50 denomination in the Mahatma Gandhi (New) Series. A RBI press release has informed that the base colour of the new…
Xiaomi Redmi Note 5A budget Android smartphone to be launched on August 21
AMN Xiaomi will launch its next budget smartphone the Redmi Note 5A, in China on Monday August 21. The retail packaging of the phone had leaked a few days back,…
TRAI raises penalty on telecom operators to Rs 5 lakh for poor mobile service
AMN / Tightening regulations, telecom regulator TRAI today raised the penalty on telecom operators to 5 lakh rupees for poor mobile service quality, including call drops. The regulator will also…
Jaitley urges states CM to reduce VAT on petroleum products
AMN / Union Finance minister Arun Jaitley has written to state chief ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products used as inputs…
Vishal Sikka Blames personal attacks for decision to resign as Infosys CEO
WEB DESK / AMN Vishal Sikka blamed “ unrelenting, baseless and increasingly” personal attacks for his decision to step down as CEO of Infosys. He said that he had no…
Infosys CEO Sikka resigns, Pravin Rao new chief, shares plunge
Infosys CEO Vishal Sikka resigned and Pravin Rao has been appointed as the interim CEO, the company said in a notice to stock exchanges Blames personal attacks for decision to…
HDFC Bank, Yes Bank cut saving bank interest rate
AMN / After public sector bank, private banks have also started cutting interest rates on saving bank deposits. HDFC Bank has cut the interest rate by 50 basis points (1/2…
Govt approves expansion of metro network
AMN / Union Cabinet today approved a new metro rail policy for expanding the metro network across various cities in the country. Briefing reporters after the meeting, Finance Minister Arun…