New Delhi: Telecom regulator Trai has sought the industry's views to discover appropriate duration for a call to ring in a bid to ensure optimal usage of network and spectrum resources.

Telecom Regulatory Authority of India's (Trai) latest discussion paper on 'Duration of alert for the called party' will also explore the "possibility of customisation of ringing duration" by the phone users, according to a statement.

New Delhi: Braving the slowdown in consumption demand, e-commerce major Amazon India is eyeing 50 per cent more sales in the festive season this year. The company, which is starting its mega festive sale from September 29 to October 4, is expected to showcase lakhs of products in various categories, including 5,000 products in large appliances and furniture categories.

Air India Assets Holdings Ltd (AIAHL), a special purpose vehicle, has raised Rs 7,000 crore through a bond issue, which was subscribed nearly three times.

AIAHL had come out with its maiden bond issue for Rs 1,000 crore with an option to retain an additional subscription of up to Rs 6,000 crore. The bonds are fully-backed by the government.

Mumbai: The Reserve Bank of India has expanded the scope of the Bharat Bill Payment System (BBPS) by adding other categories of recurring payments through the portal.

BBPS is an interoperable platform that enables a customer to pay bills such as telephone, water, gas, direct-to-home (DTH) and electricity at a single location—electronic or physical.

India’s fragile financial system is swinging between despair and hope. Two separate incidents — both featuring the lender Yes Bank Ltd. — recently underscored the drag of past underwriting follies as well as the lift from a digital reset. It will take time, but good things will come to Indian banking as a result of the present crisis.

Mumbai: The Indian markets on Tuesday fell 300 points intra-day, amid attacks on Saudi Arabia's oil facilities over increased tension in West Asia during the weekend.

At 12.04pm, the benchmark Sensex fell 0.79% to 36,830.99, while the Nifty 50 was down 0.8% to 10,916 points.

Recurring deposit (RD) account is the best option for investors who wants to save on a monthly basis. Recently State Bank of India (SBI) has slashed interest rates on RDs effectively 10th September. SBI RD has term ranging from 12 months to 120 months. SBI RD interest rates vary between 5.80%-6.25% for general public and an additional interest rate hike of 50 bps for senior citizens.

Facebook said Monday it is working to stop advertisers from changing headlines in links to news stories after concerns raised by a British political party’s altering of one such link. The leading social network confirmed the internal effort in the face of concerns over a BBC headline altered in an ad to evidently change the tone of an article about British government spending on education.

Pursuant to the recent orders of the National Company Law Tribunal, Chennai, Apollo Hospitals Enterprise (AHEL) has called for an equity shareholders meeting here on October 21 for approving the scheme of arrangement between AHEL and Apollo Pharmacies (APL), the company has informed the stock exchanges on Monday. In November 2018, Apollo Hospitals had said, to capitalise on the huge growth opportunity and to give greater focus, it had decided to restructure its pharmacy business.

American auto giant General Motors (GM) and Indian IT major Tata Consultancy Services (TCS) have announced a new partnership in future global vehicle engineering. This builds on the 16-year relationship between the two companies.

Under the terms of the agreement, TCS will acquire certain assets at the GM Technical Center-India (GMTC-I), Bengaluru, and will partner with GM, supporting its global vehicle programmes with engineering design services over the next 5 years.

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