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No work emails between 6 pm and 8 am: Amazon India boss tells employees

No work emails between 6 pm and 8 am: Amazon India boss tells employees

The head of Amazon India's business has reportedly asked his employees to get a life - quite literally. In an email, which was leaked and accessed by news agency Bloomberg, Amit Agarwal has told his team to stop responding to emails or work calls between 6 pm and 8 am.

FSSAI to test Dabur, Zandu, Patanjali honey brands

FSSAI to test Dabur, Zandu, Patanjali honey brands

Food regulator Food Safety and Standards Authority of India (FSSAI) has ordered testing of the popular brands of honey, including Dabur, Zandu and Patanjali, for authenticity.

This comes in the backdrop of growing concern among the public that the honey sold in the market could be adulterated with corn syrup or sugar syrup.

SBI charges for non-maintenance of minimum balance unfair: Report

SBI charges for non-maintenance of minimum balance unfair: Report

The State Bank of India’s (SBI’s) charges for the non-maintenance of minimum balance were unreasonable, a report by a professor at the Indian Institute of Technology-Bombay has said.

The SBI started charging fees for non-maintenance of minimum balance from April 2017, after a gap of five years, the monthly fees ranged between Rs 20 and Rs 100 till September 2017 and were later slashed in October last year.

Uncertainty ahead? Coal importers keep close watch on events abroad

Uncertainty ahead? Coal importers keep close watch on events abroad

India’s metal and power producers could be up for uncertain times. Between now and 2019, the raw material sourcing teams for these companies will keep a close eye on the changing geopolitical picture of at least three countries — Indonesia, Australia and Mozambique. The first two prepare for elections and one is facing unrest.

TRAI CONSULTATION SOON ON TRAFFIC MANAGEMENT PRACTICES FOR NET NEUTRALITY

TRAI CONSULTATION SOON ON TRAFFIC MANAGEMENT PRACTICES FOR NET NEUTRALITY

The telecom regulator will soon start consultation to recommend a framework for traffic management practices as well as structure and nuances of a multi-stakeholder body outlined in the net neutrality principles, according to a senior TRAI official.

The discussion paper to tackle the twin aspects is likely to be brought out in about a month’s time, and the Telecom Regulatory Authority of India (TRAI) intends to follow the consultative process before finalising its views on the issue, the official said.

SEBI TO EXPAND CYBERSECURITY FOR MIIS

SEBI TO EXPAND CYBERSECURITY FOR MIIS

Regulator Sebi is planning to broaden the scope of cybersecurity initiatives for the market infrastructure institutions (MIIs) and look into the operational modalities of their implementation in order to deal with the cyber challenges.

Enhancement of cybersecurity has been one of the priorities of the Securities and Exchange Board of India (Sebi) during the financial year 2017-18.

DLF-GIC TO INVEST RS 1,250 CR FOR HOUSING

DLF-GIC TO INVEST RS 1,250 CR FOR HOUSING

Realty major DLF and Singapore’s sovereign wealth fund GIC will invest about Rs 1,250 crore over the next four years to construct a housing project in the national capital.

In September 2015, the GIC had invested Rs 2,000 crore to buy 50 per cent stake in DLF’s two upcoming housing projects at Moti Nagar in central Delhi.

ONGC REPAYS A THIRD OF LOAN TAKEN TO BUY HPCL

ONGC REPAYS A THIRD OF LOAN TAKEN TO BUY HPCL

State-owned Oil and Natural Gas Corp (ONGC) will not sell its stake in IOC and GAIL in the near future as it has used internal resources to repay close to a third of the Rs 24,881 crore loan it had taken to buy Hindustan Petroleum Corp Ltd (HPCL), people with direct knowledge of the matter said.

ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp (IOC) and 4.86 per cent state in gas utility GAIL India Ltd to help fund the Rs 36,915 crore acquisition of HPCL.

FROM NEXT YEAR, ATMS WON’T BE REPLENISHED AFTER 9 PM

FROM NEXT YEAR, ATMS WON’T BE REPLENISHED AFTER 9 PM

No ATM will be replenished with cash after 9 pm in cities and 6 pm in rural areas from next year even as two armed guards will accompany crisp notes in transit as per a new directive issued by the Home Ministry.

The deadline for putting money in the ATMs located in Naxal-hit areas is 4 pm while private cash handling agencies must collect money from the banks in the first half of the day and transport notes only in armoured vehicles.

Sensex hits record high, Nifty breaches 11,500 mark

Sensex hits record high, Nifty breaches 11,500 mark

Mumbai: Continuing its rally, the benchmark BSE Sensex rose over 250 points to hit a fresh record high in early trade, and NSE Nifty went past the 11,500-mark for the first time on MOnday on widespread gains in capital goods, metal, realty and banking scrips amid firm Asian cues.

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