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1-10 results from 1000 for query «payments»

28 April, 2017 1:14 PM Tax compliance a must while pushing digital economy: Prasad

New Delhi: Law and IT Minister Ravi Shankar Prasad on Friday called on tax practitioners and administrators to keep tax compliance in mind as India's digital economy expands. "We are creating a big ecosystem of digital economy. Indian digital economy is going to become a $1 trillion economy in the coming five years," Prasad said while speaking at a conference 24

28 April, 2017 7:22 AM Paytm Parent One97 Set To Raise Over $1.8 Billion From SoftBank: Report

One97 Communications, owner of electronics payments provider Paytm, is set to raise more than Rs 12,000 crore ($1.87 billion) from Japan's SoftBank Group, the Economic Times reported on Friday citing sources. The deal will value Noida-based One97 at about $9 billion and provide a 20 per cent stake to SoftBank, the report said. SoftBank declined to comment 15

26 April, 2017 9:13 PM SoftBank changes track in India as initial bets go sour

SoftBank is pushing for a Snapdeal sale to Flipkart, and Grofers merger with BigBasket in its attempts to revamp its India strategy Bengaluru/New Delhi: After some of its expensive initial bets in India soured, Japan’s SoftBank Group Corp. is making another attempt at finding attractive investments in India’s internet business by selling its also-ran 19

25 April, 2017 10:29 AM Public sector bank merger healthy for banking system: RBI’s Urjit Patel

RBI governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are merged to have fewer, but healthier, entities New York: RBI governor Urjit Patel has said the Indian banking system could be better off if some public sector banks are consolidated to have fewer but healthier entities, as it would help in dealing 17

25 April, 2017 1:51 AM Mukesh Ambani’s Reliance Retail Q4 profit jumps 65.67%

Mukesh Ambani -owned Reliance Retail on Monday reported 65.6% increase in profit before depreciation interest and taxes (PBDIT) year-on-year to Rs 366 crore in Q4FY17. For the full year FY17 the PBDIT grew 40.4% to Rs 1,203 crore, driven by growth across all consumption baskets, the company said in a statement. Revenue for Q4FY17 grew 83% year-on-year 25

24 April, 2017 7:51 PM Acute cash crunch in banks delays loan disbursal

Bank chest has only ₹ 10 crore against a holding capacity of ₹ 275 crore Thanks to the acute cash crunch in banks, there is a delay in disbursal of crop loans for the ensuing kharif season. The reason ascribed for this is the drying up of cash reserves in banks owing to the dismal quantum of remittances against huge withdrawals by customers which is an impact 22

24 April, 2017 7:33 AM France’s Emmanuel Macron favourite for presidency in May 7 runoff with Le Pen

Centrist Emmanuel Macron took a big step towards the French presidency on Sunday by winning the first round of voting and qualifying for a May 7 runoff alongside far-right leader Marine Le Pen. Though Macron, 39, is a comparative political novice who has never held elected office, new opinion polls on Sunday had him easily winning the final clash against 37

24 April, 2017 3:15 AM Centrist Macron vs right-winger Le Pen in second round of French polls as mainstream challengers fritter away

Centrist Emmanuel Macron took a big step towards the French presidency on Sunday by winning the first round of voting and qualifying for a May 7 runoff alongside far-right leader Marine Le Pen. Though Macron, 39, is a comparative political novice who has never held elected office, new opinion polls on Sunday had him easily winning the final clash against 27

24 April, 2017 1:04 AM NITI-gritty will take time to take off

The government’s three-year action agenda, a replacement of the Nehruvian-era five-year plan — pegged as the next replacement to the decades-old five-year plans — may take time to come into effect. On Sunday, the draft of the agenda was circulated to all states at the third meeting of NITI Aayog’s governing council meeting at the Rashtrapati Bhavan for their 20

23 April, 2017 7:03 PM NITI Aayog Vice Chairman Arvind Panagariya Presents 3-Year Action Plan

New Delhi: NITI Aayog Vice Chairman Arvind Panagariya on Sunday presented a draft of the three-year action agenda for the nation's development at the planning body's Governing Council meeting in New Delhi. The NITI (National Institution for Transforming India) Aayog Vice Chairman said inputs from the states as well as central ministries and subject experts 14