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17 October, 2018 1:16 PM RBI Wants to Enable Seamless Transfer Between Mobile Wallets Using UPI

The Reserve Bank of India on Tuesday laid out guidelines that would allow for seamless payments between different mobile wallets, in a move that could further boost the use of digital payments in the country. Mobile wallets such as the one run by SoftBank and Alibaba-backed Paytm have become popular in India after a ban on high-value currency in late 2016 pushed 37

15 October, 2018 6:00 AM Time to shift from active funds to passive funds?

After news of loan defaults by IL&FS broke, the Sensex and Nifty have dropped significantly from their highs. This scenario is also coupled with rising crude oil prices and the depreciating rupee. As per the current outlook of the bearish market, passive funds are snatching the limelight. Let’s do a 3 point analysis on whether it’s time to switch 41

4 October, 2018 2:27 PM MFs July-Sept average AUM up 14% on quarter; ICICI Pru MF remains on top

The average assets under management of the 41-player mutual fund industry rose 14 percent to Rs 24.29 lakh crore in July-September, according to the data on the Association of Mutual Funds in India. In comparison, the total AUM of the industry in April-June stood at Rs 23.4 lakh crore. Mutual fund managers attributed the rise in quarterly AUM to strong 62

4 October, 2018 5:17 AM Toyota and SoftBank Said to Team Up in Self-Driving and Other Technology

Toyota Motor Corp and SoftBank Group Corp will announce a partnership on automated driving and other technology on Thursday, sources with knowledge of the matter told Reuters. The companies plan to hold a news conference later in the day. Toyota President Akio Toyoda and SoftBank Group CEO Masayoshi Son will attend a session to be held alongside the conference 65

30 September, 2018 2:09 PM The highs and lows in Elon Musk's life: Telsa CEO to cough up $40 million in fines

From building spacecrafts and Flamethrowers to tweeting sensitive info, Elon Musk has been there and done that. Here's how the business magnate/investor's made headlines for the better part of the millennium, albeit not always for the right reasons. The advent of SpaceX | When Musk was a little boy, he dreamt of going to Mars. But, after going through 55

27 September, 2018 9:52 AM Ideas for Profit: Strong financials, attractive valuation make Automotive Axles a long-term buy

Market leadership, marquee clientele, operating leverage, lean balance sheet and strong financial performance should support earnings, going forward. The business is also gearing itself for upcoming EV wave and trades at reasonable valuations that beckons investor’s attention Automotive Axles (AAL) is a provider of rear drive axle assemblies to commercial 74

25 September, 2018 12:21 PM Vodafone Idea Offers Cashback To Prepaid Users. Vouchers Worth 375 Rupees Also Available

Vodafone Idea Limited, the largest service provider in the country, announced an exclusive cashback offer and vouchers on recharging through Paytm, said the operator in a press release issued today. On a minimum recharge of Rs 149 prepaid plan, Vodafone and Idea customers can avail an assured cashback of Rs 25 on first time transaction done via Paytm 58

24 September, 2018 5:07 PM Embassy Office Parks Realty Investment Trust Files For IPO

Embassy Office Parks REIT filed for an initial public offering (IPO) consisting of a fresh issue worth up to Rs 5,250 crore ($722.84 million) on Monday, setting the stage for the country's first real estate investment trust listing. The IPO will also comprise an offer for sale, according to the filing which did not disclose the value of the component 70

18 September, 2018 7:55 AM Paytm Mall Festive Season Sale Dates Announced, Will Offer Deals on Redmi Note 5 Pro, Samsung Galaxy Note 9, and More

Paytm Mall has announced a festive season sale starting September 20 in India. The three-day sale, simply called the Festive Season sale, will host discounts and cashback offers on a number of products on its site, including smartphones and other electronics. The company has also announced that customers stand a chance to win a Suzuki Gixxer bike during 86

17 September, 2018 4:33 AM Elon Musk says Tesla now in "delivery logistics hell"

Tesla Inc's Chief Executive Officer Elon Musk on Sunday acknowledged that the electric carmaker's problems have now shifted to delivery logistics from production delays, the latest speed bump in its efforts to achieve profitability. "Sorry, we've gone from production hell to delivery logistics hell, but this problem is far more tractable. We're making 76