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Bajaj Auto reports a slight dip in November sales at 403,223 units

Bajaj Auto reports a slight dip in November sales at 403,223 units

Bajaj Auto on Monday reported a marginal dip of 0.9 per cent in total sales at 403,223 units in November this year.

The company had sold 406,930 units in the same month a year-ago.

Tech, service firms gear up for FASTag as govt extends deadline to Dec 15

Tech, service firms gear up for FASTag as govt extends deadline to Dec 15

While the transport ministry has given a two-week extension to the roll-out of electronic toll collection - FASTags - across the national highways, tech companies and service providers are all set to switch to this mechanism.

Several tech companies said sales of FASTags have almost tripled in the last few days. Service providers have also bolstered their backend tech to tackle any sort of lag caused by surge in usage of these at toll booths.

Rahul Bajaj criticism can hurt national interest: FM Nirmala Sitharaman

Rahul Bajaj criticism can hurt national interest: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said the statement by Rahul Bajaj, chairman of Bajaj Group, on Saturday that India Inc was afraid of criticising the Narendra Modi government can hurt national interest, if it gains traction.

The Home Minister Amit Shah answers on how issues raised by Bajaj were addressed. Questions/criticisms are heard and answered/addressed. Always a better way to seek an answer than spreading one's own impressions, which, on gaining traction, can hurt national interest, Sitharaman said on Twitter.

NSE suspends Karvy Stock Broking's license due to non-compliance

NSE suspends Karvy Stock Broking's license due to non-compliance

National Stock Exchange (NSE) on Monday suspended the license of Karvy Stock Broking with effect from today (December 2, 2019) due to non-compliance of the regulatory provisions of the Exchange.

In a circular, the exchange informed that the brokerage firm has been suspended from capital market, Futures & Options (F&O), Currency derivatives, Debt, Mutual Fund Service System (MFSS) and commodity derivatives segments.

Banks to be closed for 9 days in December; check full list here

Banks to be closed for 9 days in December; check full list here

The list of holidays is not only important to plan some leisure activities but also for other important tasks. For example: When can we visit a bank and when will it be closed. While the bank holidays vary with each state and also with each company, the Reserve Bank of India (RBI) has set some fixed days when the banking operations will close.

All public sector and private banks will remain closed on Republic Day (January 26), Independence Day (August 15) and Gandhi Jayanti (October 2) besides some other festivals.

Govt to import onion from Turkey, Egypt to control skyrocketing prices

Govt to import onion from Turkey, Egypt to control skyrocketing prices

In a bid to control the skyrocketing prices of onion in the retail market, the Narendra Modi led BJP government will import 11,000 Metric Tons (MT) of onion from Turkey in addition to 6,090 MT from Egypt.

According to the Ministry of Consumer Affairs, the Metals and Minerals Trading Corporation of India (MMTCI0) has placed the order on Centre's behalf, which will start reach India later this month.

Microsoft top recruiter with over Rs 1-crore annual package at IITs

Microsoft top recruiter with over Rs 1-crore annual package at IITs

With the highest annual package of over $164,000, or Rs 1.17 crore, this year, IT giant Microsoft has continued its streak of emerging as the top recruiter on Day One of final placements at the Indian Institutes of Technology (IITs).

Older as well as some newer IITs kicked off their first phase of the final placements process in two slots on Sunday.

With billions in pockets, Amzaon, Walmart run into 70 mn Indian shopkeepers

With billions in pockets, Amzaon, Walmart run into 70 mn Indian shopkeepers

In the heart of New Delhi's largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.

Amazon, Flipkart! one merchant after another shouts into a microphone from a small stage in Sadar Bazaar's central traffic circle. Some 50 other shopkeepers gathered around shout back in unison: Go back! Go back!

Airtel, Voda Idea and Jio to hike mobile, data tariffs by up to 40%

Airtel, Voda Idea and Jio to hike mobile, data tariffs by up to 40%

Bharti Airtel and Vodafone Idea on Sunday announced a tariff hike in the range of 15 per cent and 40 per cent across different plans. The tariff hike by both companies will be applicable from December 3, 2019. Vodafone Idea on Sunday said its new plans for its prepaid products and services would be available across India, starting 00:00 hours of December 3, 2019.

Airtel's new plans represent tariff increases in the range of a mere 50 paise per day to Rs 2.85 per day and offer generous data and calling benefits.

Third accused, a minor, in Kolkata gang rape case arrested by police

Third accused, a minor, in Kolkata gang rape case arrested by police

The absconding accused - a minor boy who was one of the three persons - allegedly behind the gang rape of two minor girls in South Kolkata's Kalighat was arrested by the city Police on Saturday.

Two of the three accused persons had been arrested right after we received the complaint. While one minor boy who committed the offence was at large. However, we managed to nab him today, said a senior official of Kolkata Police.

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