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Muslim women coming out in large numbers to lodge complaints in UP

Muslim women coming out in large numbers to lodge complaints in UP

Over 200 cases have been filed in Uttar Pradesh by Muslim women since the enactment of a law that makes the practice of instant triple talaq a punishable offence.

Of the 216 FIRs, 26 have been registered in Meerut followed by Saharanpur and Shamli where 17 and 10 cases have been lodged respectively, a senior police official told PTI on Tuesday.

Market opens on a choppy note; metal, bank stocks fall

Market opens on a choppy note; metal, bank stocks fall

Mumbai: Domestic equity benchmark BSE Sensex started on a choppy note on Wednesday tracking weakness in metal and banking stocks amid tepid cues from global markets.

After opening slightly higher than its previous close, the 30-share index slipped into the red to trade 12.46 points, or 0.03 per cent, lower at 37,628.81 at 0930 hours, while the broader Nifty fell 7.30 points, or 0.06 per cent, to 11,098.05 in early trade.

Punjab National Bank, Allahabad Bank launch repo rate-linked retail loans

Punjab National Bank, Allahabad Bank launch repo rate-linked retail loans

NEW DELHI : Public sector banks Punjab National Bank (PNB) and Allahabad Bank on Tuesday launched retail loan products that are linked to the Reserve Bank of India’s (RBI) repo rate. Linking of loans with the repo rate will make them cheaper.

Under the Punjab National Bank’s PNB Advantage scheme, effective from 27 August, the interest rate will be 0.25% less than the existing rates based on MCLR (marginal cost of funds-based lending rate).

Paytm eyes healthcare payments space, seeks to add doctors to widen user base

Paytm eyes healthcare payments space, seeks to add doctors to widen user base

BENGALURU : Digital payments company Paytm, valued at about $15 billion, is set to enter the healthcare payments space to widen its customer base.

Last month, Paytm had said it was expanding its educational services from fee payments, application forms and career counselling, to education insurance, loans and job applications.

Yes Bank shares slump despite $1.2 billion fund raising plan report

Yes Bank shares slump despite $1.2 billion fund raising plan report

Shares of India’s major private sector lender Yes Bank slumped on Wednesday morning, despite media reports that the bank’s board is mulling a $1.2 billion fund raiser. According to a report by ET Now, Yes Bank’s board of directors are likely to meet soon on Friday to discuss a mega fund raiser, CNBC TV18 reported citing sources. The equity infusion will be subject to shareholder approval. The development comes after Yes Bank raised Rs 1,930 crore through Qualified Institutions Placement (QIP) route last week.

Facing sales slump, market leader Maruti Suzuki slashes 3,000 contract jobs

Facing sales slump, market leader Maruti Suzuki slashes 3,000 contract jobs

Maruti Suzuki has not renewed the contracts of 3,000 temporary employees across its manufacturing plants, chairman RC Bhargava said on Tuesday, as the company has been cutting production since February this year to control inventory pile-up amid a slowdown in demand.

Bhargava said over the past year, multiple factors led to an increase in final cost of cars, affecting their affordability.

Safety of investments can’t be compromised for higher yields: Sebi

Safety of investments can’t be compromised for higher yields: Sebi

Markets regulator Sebi has told the mutual fund industry that safety of investment cannot be compromised for higher yields.

Speaking at the Association of Mutual in India (Amfi) members summit in Mumbai on Tuesday, Securities and Exchange Board of India chairman Ajay Tyagi also added that, the industry as a whole needs to do its own analysis on a regular basis to avoid such situations in future.

Violence in Kashmir because of Pakistan's instigation, says Rahul Gandhi after Islamabad uses his words in letter to UN

Violence in Kashmir because of Pakistan's instigation, says Rahul Gandhi after Islamabad uses his words in letter to UN

Senior Congress leader Rahul Gandhi on Wednesday issued clarification regarding his stance about the situation in Jammu and Kashmir. Gandhi said that Jammu and Kashmir is India's integral matter and no one including Pakistan has any right to infringe upon it. He also said that the violence in Kashmir is due to instigation and support from Pakistan.

Finally, after Supreme Court rap, Uber starts 24x7 safety helpline for women

Finally, after Supreme Court rap, Uber starts 24x7 safety helpline for women

Finally, buckling under the top court's pressure to heighten its safety measures with regards to women, mobile cab aggregator Uber has started a 24x7 safety helpline for India.

This is in addition to the already present in-app SOS button, available in the safety toolkit that allows riders to connect with law enforcement authorities in case of an emergency.

As demand slowdown hurts, makers of Lux, Lifebuoy, Santoor soaps cut prices

As demand slowdown hurts, makers of Lux, Lifebuoy, Santoor soaps cut prices

In wake of weak demand and tough competition, FMGC major HUL slashed prices of Dove, Lux, and Lifebuoy soaps, financial daily Livemint reported. The move is aimed at winning over consumers and passing on the benefits of cheaper input costs. Wipro Consumer Care, the maker of Santoor soap, also cut the price of the soap to stay in the game. Earlier this year, Santoor became the first soap brand from an Indian FMCG company to touch annual sales of Rs 2,000 crore.

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