, which sells every second car in the Indian market, said it planned to review its strategy on discounts after the most profitable domestic automobile firm reported a double-digit dip in profits. The Suzuki-owned company saw its profit slip 17 per cent to Rs 1,489 crore for the third quarter (Q3) ended December 31, 2018. Read on
Govt considering NITI Aayog's area-based package for distressed farmers
The NITI Aayog has come up with a proposal to give relief to distressed farmers which, among other suggestions, is being considered by the government. The proposal will have a minimum impact on the exchequer and will be the least ‘market-distortionary’, say NITI Aayog officials. Read on
PNB board found no criminality against sacked EDs
The government’s order on sacking Punjab National
Bank (PNB) Executive Directors K V Brahmaji Rao and Sanjiv Sharan came months after the bank’s board found no criminal intent, and a “casual oversight” on the part of these officials. Read on
Piyush Goyal may enter grey zone if he breaks convention in interim budget
On February 1, when interim Finance Minister Piyush Goyal stands up to present the Interim Budget in the Lok Sabha, he may enter a grey zone in constitutional law if he were to propose large-scale changes in tax laws. Read on
OYO now plans big play in Indonesia, lines up $100-million investment
OYO, India’s largest hotel chain, plans to invest more than $100 million in Indonesia. The firm is eyeing a major takeover of the southeast Asian hospitality market. This would be the third-biggest country the hospitality chain plans to enter after India and China. Read on
Here are a few tips on how to increase your credit score quickly
A good credit score - from 700 to 900 – can help you to access cheaper credit. A lower score reflects irresponsible financial management. Here are a few ways you can improve your credit score and also ensure it stays above average. Read on
Student microfinancing start-up SlicePay gets RBI licence for NBFC play
SlicePay, a Bengaluru-based start-up focused on micro-lending to students, has secured a licence from the banking regulator to foray into non-banking financial services, according to a Livemint report.
Portability of set-top boxes by year-end: Trai chief
Troubled by your cable operator or DTH company, but unable to change your service provider as you are locked into your set-top box (STB)? Things may soon change as broadcast regulator Trai plans to make digital boxes inter-operable by the end of this year. This will give freedom to millions of customers to change their operator at no cost in case of deficient services, according to an Economic Times report.
Tata Comm to boost customer base of Indicash
Tata Communications Payment Solutions Ltd (TCPSL) expects the customer base on its white-label teller machines — Indicash — to nearly double by the end of the calendar year, according to a Hindu BusinessLine report.