can now be used to make and receive payment, through the Payments feature designed on the National Payments Corporation of India’s (NPCI’s) Unified Payments Interface (UPI).
Barely a week left for the expiry of the suspension of bankruptcy proceedings against companies, the government is still undecided whether to extend the suspension further or not because “arguments on both sides are strong”, a senior government official told Business Standard.
State governments may use bank guarantees to buy Covid-19 vaccines
The Centre has advised the state governments to explore using bank guarantees to finance the cost of buying Covid-19 vaccines.
Airtel, Jio, Vodafone have to fork out Rs 44,000 cr for 4G spectrum auction
The forthcoming spectrum auction will be focused on spectrum renewals for the three major operators — Bharti Airtel, Reliance Jio, and Vodafone Idea — which could cost them a combined total of Rs 44,000 crore, which is equivalent to the adjusted gross revenues of telcos in the quarter of June 2020.