The Reserve Bank of India (RBI) on Friday refused to extend the listing deadline for Equitas Small Finance Bank (SFB) while barring it from opening new branches till further orders.

The regulator has also frozen the pay of Managing Director and Chief Executive Officer Vasudevan P N as the bank violated listing norms.

China's proposed new digital currency would bear some similarities to Facebook's Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said.

Mu Changchun, deputy director of the People's Bank of China's payments department, said the development of the coin would help protect country's foreign exchange sovereignty as commercial applications of such currencies expanded.

All hope is not lost where effort is made, for the Chandrayaan-2's Orbiter and its eight instruments still continue to operate successfully, orbiting the moon and studying it from above, even though contact has been lost with Vikram lander that was carrying the Pragyaan rover.

Five federations representing over half-a-million workers of Coal India Ltd, along with Singareni Collieries Company Ltd and state-owned coal firms, have called for a strike on September 24, seeking withdrawal of the Centre’s decision to allow 100 per cent FDI in mining.

In a fresh round of FDI reforms, the Union government has allowed 100 per cent foreign direct investment (FDI) in coal mining and contract manufacturing, as part of its efforts to boost economic growth.

Mukesh Ambani’s JioFiber is out now and the ambitious broadband network is likely to sway customers of PSU telecom firms MTNL and BSNL away. “There could be a churn, especially for customers who are paying in the range of Rs 500-600 a month,” Nitin Soni, director at Fitch Ratings, said in an interview to CNBC TV18. While Reliance Jio’s starting plan may not be disruptive, the company is focusing more on average revenue per user and consumer stickiness, he added.

New Delhi: Hours before moon lander 'Vikram' touches down on lunar south pole, Prime Minister Narendra Modi on Friday said the mission manifests the best of Indian talent and spirit of tenacity.

"Its success will benefit crores of Indians," he said in a series of tweets.

Paytm will start preparations for an initial public offering (IPO) in the next 22-24 months, its founder and CEO Vijay Shekhar Sharma said at the HT-Mint Asia Leadership Summit in Singapore on Friday.

The Indian e-commerce and digital payments giant last disclosed raising $300 million from Warren Buffet’s Berkshire Hathaway in 2018. Its valuation has skyrocketed to $15 billion, Sharma recently told Mint.

Facebook rolled out its online dating service for the United States on Thursday, a move taking on rivals such as smartphone app Tinder. The free “Facebook Dating” site which was announced last year and already available in other countries will allow users to link their Facebook and Instagram post to a separate dating profile. It will seek to facilitate connections among the more than two billion users of the social network worldwide.

Alibaba Group Holding Ltd will buy e-commerce business Kaola from Chinese gaming company NetEase Inc for $2 billion, adding a platform that specializes in supplying luxury goods from abroad to Chinese consumers.

The long-rumoured deal comes as China's e-commerce players including Alibaba and JD.com Inc look to niche segments for growth, with the online shopping industry in the country slowing as economic growth eases.

Domestic equity benchmark BSE Sensex advanced over 200 points in early session on Friday, led by gains in index heavyweights Infosys and RIL, amid positive cues from global markets.

After rising 223 points, the 30-share index was trading 164.05 points, or 0.45 %, higher at 36,808.47 at 0930 hours, while the broader Nifty rose 44.15 points, or 0.41 %, to 10,892.05.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.