May 29, 2017
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RBI Brings Up Policies Regarding Customer Rights

Reserve Bank of India has taken an initiative regarding series of principles in context of Charter of Customer Rights. The norms will help in protecting the Bank customers by implying 5 basic principles. These are: 1) Right To Fair Treatment ; 2) Right To Transparent, Fair & Honest Dealing ; 3) Right To Suitability ; 4) Right To Privacy ; …

ITC To Sell Premium Chocolates ‘Fabelle’ in Luxury Hotels

India’s old and renowned conglomerate, ITC has taken a step forward towards new segment that is chocolates. The company will sell premium chocolate brand ‘Fabelle’ in it’s very own luxury chain of hotels. Chocolates will be manufactured in Bangalore’s unit at the price of 1,000 INR each. ITC has engaged itself in manufacturing of premium chocolates for the first time …

Snapdeal Procures TargetingMantra For Betterment Of Customers

One of India’s leading e-commerce websites, SnapDeal, has successfully procured Targeting Mantra, an analyst company which helps in providing marketing automation and personalized solutions for the customers via e-commerce companies. It offers solutions with the help of ‘SaaS’ model which is a software licensing and delivery model. It can be used by customers via a web browser along with using …

Adidas To Shut Down Its Golf Clubs

World’s most popular sports brand, Adidas, has decided to shut down its all the golf clubs around the globe. The huge step was taken when the company hired an investment bank Guggenheim Partners to look out for various option in golf business segment amid the drop in sales up to 26% in 2015. The renowned company would definitely continue manufacturing footwear …

India Could Lose $1.2 Billions as Govt Puts Ban On Diesel Taxi

Recently, government in Delhi and National Capital Region urged that central government should not ban Taxis which run on diesel. They continued as if diesel taxi is barred from commuting then BPO sector will move towards other countries. It will eventually face a loss of approximately $1.2 billions. According to Solicitor General, Ranjith Kumar, The ban would affect the business …

Reliance Defence Gets 15 New Licences With Permission

Reliance Defence have already 25 licences regarding other sectors and with having more new licences under its authority is ready to become one of the highest permit receiver in the country. A subsidiary to Reliance Infrastructure Limited, the company was granted permission to develop wide range of high technology based equipments such as heavy weapons, armoured vehicles, ammunitions, electric warfare …

Investments In Machines Not Beneficial For Coal India Trade Union

Coal India Limited has been shortly thinking of investing huge amount in machinery  which will directly upgrade the production to one million tonne for the next five years. The introduction of highly technology based machines will hamper the labour trade some way or the other. Showing its concern towards the matter one of the  trade union personnel stated that it …

Airtel Payment Banks: New Name For Airtel M Commerce

Bharti Airtel, one of the country’s leading network provider conglomerate was the first ever to receive a payment bank license from the Reserve Bank of India. The entity became the first ever of its kind to get such facility unlike its competitors. The ceremony took place on April 11, 2016 and at that time it was commemorated as Airtel M …

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