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17 October, 2018 4:54 PM Currency Notes Worth Lakhs Soaked In Odisha's Ganjam District

There are at least four ATMs and two deposit machines. At the time of floods, over Rs 60 lakh were in the machines Currency notes worth lakhs of rupees were soaked as flood water entered banks and ATM counters at Aska town in Odisha's Ganjam district, officials said on Wednesday. The town remained inundated for three days due to floods in the aftermath 77

17 October, 2018 3:03 AM Here's Everything You Want To Know About Bank Fixed Deposits (FDs)

Banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, and Yes Bank offer the facility of opening a fixed deposit. FDs can be created online. Bank fixed deposits or FDs are fixed-income instruments which guarantee a fixed rate of return on investments. Bank fixed deposits should not be confused with corporate fixed deposits, the returns on which 57

16 October, 2018 11:40 AM Canara Robeco MF elevates Nimesh Chandan as head of investment-equity

Chandan’s role will be to guide the equity team in providing equity strategy for various equity funds Canara Robeco Mutual Fund has elevated Nimesh Chandan as the Head – Investment, Equity with immediate effect, a release from the fund house said on October 16. Chandan’s role will be to guide the equity team in providing a strategy for various 80

12 October, 2018 10:07 AM Sebi to auction properties of 4 companies

Sebi will auction as many as six properties of four companies, including Swar Agrotech and Life Care Infratech, next month at a reserve price totalling Rs 5 crore as the market regulator looks to recover investors' money. Properties of Servehit Housing and Infrastructure India as well as Raghav Capital and Infrastructure will also go under the hammer 113

12 October, 2018 4:39 AM Life insurers' new premium income down 16% at Rs 17,491 crore in September

Life insurers' premium income from new business fell by 16.28 per cent to Rs 17,490.68 crore in September, data from Insurance Regulatory and Development Authority of India (Irdai) showed Thursday. The insurance companies had earned Rs 20,892.07 as premium from new policies in the same month a year ago. Of the all 24 life insurance companies, state-owned 87

11 October, 2018 8:52 AM D-Street Buzz: PSU bank, IT stocks fall the most led by SBI, Infibeam; RIL recovers, HEG zooms 14%

The breadth of the market favoured declines, with 475 stocks advancing, 1227 declining and 353 remaining unchanged. On BSE, 786 stocks advanced, 1688 declined and 127 remained unchanged. The benchmark indices have recovered from the low point of the day after the market crashed in the morning session on the back of weak global cues and with the rupee 168

10 October, 2018 4:29 AM Amazon’s Great Indian Festival sale: Top offers on smartphones, televisions

Here are the top offers during the Amazon Great Indian Festival E-commerce giant Amazon has kicked off its annual Great Indian Festival offering discounts on a lot of smartphones, TVs and other electronics. The Great Indian Festival will continue till October 15. Here are some of the top offers from the sale that you can make the most of. Premium smartphone 123

9 October, 2018 5:22 PM SBI reports 1,329 fraud cases worth Rs 5,555 cr in Apr-Sep 2018

As many as 1,329 cases of fraud, involving an amount of Rs 5,555.48 crore, came to light in country's largest bank State Bank of India (SBI) in first six months of the current fiscal year, an RTI query has revealed. In response to a query of RTI activist Chandrashekhar Gaud, SBI said that 669 cases of fraud amounting to Rs 723.06 crore were reported 62

9 October, 2018 11:53 AM SBI Raises Target For Purchase Of Loan Portfolio

Top lender State Bank of India said on Tuesday it is stepping up its target to buy "good quality" asset portfolios from non-banking financial companies (NBFC). NBFC sector has been in the spotlight after IL&FS, a major infrastructure financing and construction company, defaulted on a string of debt obligations in recent weeks triggering wider concerns 72

9 October, 2018 8:43 AM OnePlus 6 available at discounted price of Rs 29,999

Shenzhen-based smartphone giant OnePlus is offering its premium flagship smartphone OnePlus 6 at a discounted price starting Rs 29,999 on Amazon. The device is available in 6GB RAM/64GB ROM, 8GB RAM/128GB ROM, 8GB RAM/256GB ROM variants and will be available at a discounted price of Rs 29,999, Rs 34,999 and Rs 38,999 respectively. To top it, Amazon is offering 84