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EPFO allows withdrawals from pension account without Aadhaar card

EPFO allows withdrawals from pension account without Aadhaar card

Retirement fund body EPFO has allowed full and final withdrawal of funds by the subscribers from their pension account without providing Aadhaar number.

"All those members filing claims for withdrawal of funds from their pension account would not be required to submit Aadhaar as mandated in an earlier order of the EPFO," a senior official said.

ABVP why so creepy: DU students raise cheeky slogans protesting Ramjas row

ABVP why so creepy: DU students raise cheeky slogans protesting Ramjas row

Cries for 'azaadi' and the 'cheeky Akhil Bharatiya Vidyarthi Parishad (ABVP) why so creepy', on Tuesday reverberated the Delhi University (DU) campus during an anti-ABVP march joined by over 2,000 students and teachers against "onslaught" on universities and "curb" on dissent.

Students, teachers and non-teaching staff from various universities, including Jawaharlal Nehru University (JNU), Jamia and Ambedkar University participated in the protest march.

Mixed response as Tamil Nadu traders boycott PepsiCo, Coca-Cola products

Mixed response as Tamil Nadu traders boycott PepsiCo, Coca-Cola products

As the traders body's boycott of PepsiCo and Coca-Cola products across Tamil Nadu started on Wednesday, the initiative received a mixed response from retailers. The non-alcoholic beverage is expected to lose around Rs 1,400-1,500 crore of business every year if the ban comes into effect as expected.

A M Vikrama Raja, president, Tamil Nadu Vanigar Sangham and Tamil Nadu Traders Federation said all retailers and shopkeepers in the state have begun to boycott these two MNC products, while many of the restaurants and super markets are continuing to sell and they have sought time.

Maruti Suzuki sales up 10.9% at 1,30,280 units in February

Maruti Suzuki sales up 10.9% at 1,30,280 units in February

The country's largestcar-makerr Maruti Suzuki India (MSI) on Wednesday reported a 10.9 per cent increase in total sales at 1,30,280 units in February as against 1,17,451 in the year-ago month.

The company's domestic sales stood at 1,20,735 units, up 11.7 per cent from 1,08,115 units in February last year, MSI said in a statement.

Microsoft, JPMorgan to unveil virtual currency-based systems

Microsoft, JPMorgan to unveil virtual currency-based systems

Microsoft, JPMorgan Chase and other corporate giants are joining forces to create a new kind of computing system based on the virtual currency network Ethereum.

Some 30 companies are set to announce on Tuesday the formation of the Enterprise Ethereum Alliance, which will create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts. The new organisation, a non-profit, is part of a broader movement to harness the technological concept known as the blockchain, which was introduced to the world by Bitcoin.

Rs 500 notes without serial numbers dispensed from SBI ATM

Rs 500 notes without serial numbers dispensed from SBI ATM

Adding on to the rising issue of fake notes getting dispensed from ATMs across the country, a man, on Tuesday withdrew Rs 500 notes without serial numbers from a State Bank of India ATM in Domah, Madhya Pradesh.

Last week, another State Bank of India ATM in New Delhi dispensed a fake Rs 2000 note bearing 'Children Bank of India' instead of Reserve Bank of India. Recently, another incident involving an ICICI Bank ATM had come to light.

HPCL tanks 5% on reports ONGC may acquire it in Rs 44,000 crore deal

HPCL tanks 5% on reports ONGC may acquire it in Rs 44,000 crore deal

Shares of Hindustan Petroleum Corporation Ltd (HPCL) tanked over 5% on the BSE on news reports the state-owned Oil and Natural Gas Corporation (ONGC) may acquire HPCL in an about Rs 44,000 crore deal as part of the government's plan to create an integrated oil giant.

Reacting to the buzz, the stock of HPCL shed 5% to Rs 531 in intraday trade on the BSE. Stock of Bharat Petroleum Corporation Ltd (BPCL) also slipped nearly 3% to Rs 670. ONGC was trading flat at Rs 194.

Govt bails out ONGC, OIL of Rs 22,000 cr royalty liability

Govt bails out ONGC, OIL of Rs 22,000 cr royalty liability

New Delhi, Feb 28 () The government has bailed out state-owned oil producers ONGC and Oil India from a potential liability of about Rs 22,000 crore in royalty dues to states like Gujarat and Assam.

The central government will pay two state-owned firms' outstanding liabilities of Rs 14,698 crore directly to the state governments, who will not insist on levy of Rs 7,223 crore interest on payments that were due from April 2008.

Made-in-India Mercedes-Benz E-Class launched at Rs 56.15 lakh

Made-in-India Mercedes-Benz E-Class launched at Rs 56.15 lakh

MUMBAI: German automaker Mercedes-Benz on Tuesday launched the long-wheelbase (LWB) version of the E-Class in India at a starting price of Rs 56.15 lakh (ex-showroom Mumbai). India is the only country in the world to get the right-hand drive version of the LWB E-Class.

In terms of features, the biggest selling point of the new E-Class is the class-leading rear legroom. Thanks to the extended wheelbase, the 2017 E-Class outshines all its rivals from BMW , Jaguar , Audi and Volvo in this respect. The newness doesn't end there.

Market cap of RIL jumps

Market cap of RIL jumps

Mumbai, Feb. 27: The market capitalisation of Reliance Industries Ltd (RIL) sprinted past the Rs 4-trillion-mark today as brisk buying saw the counter posting handsome gains of around 5 per cent.

On the BSE, the oil giant, which has now emerged as a disruptive force in the country's telecom sector, ended at Rs 1,238.60, a rise of Rs 56, or 4.74 per cent.

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