October 21, 2017
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Konkan Railways Will Invest 20,000 Crores For Improvisations

Konkan Railways, which cover the 741 km long route through Maharashtra, Goa and Karnataka is planning to invest as much as 20,000 crores INR for improvisation. These include betterment of freight capacity, connectivity, beautification, and so on. The sceneric beauty has attracted millions around the globe from ages. Thus, investment of such huge amount is mandatory. The connectivity will help …

RBI Pulls Off Norms for Stakeholders in Private Sector Banks

Reserve Bank of India issued an appropriate set of guidelines for shareholders in private sector banks by differentiating two segments which include natural persons and legal entities. The new guidelines will help both the entities’ shareholder section meet the extradition capital appear under Base III regulations and thus, channelise the limits of owners. Just as to bring under categories, the …

‘Ask Me Grocery’ Amalgamates With Pune & Nashik Based Firm

‘Ask Me Grocery’ an on-line grocery shopping web portal has outreached itself by amalgamating with Pune and Nashik-based local business dealers. The step was taken so as to promote local vendors on a national platform. The small set up business firms include PKM Foods, Asmita Industries, Nice spices Masaale, Special Foods Products, Jay Laxmi Foods Processing, Keshar Agro & Food …

Government Plans To Control Prices Of 200 More Drugs

The government of India has placed orders to bring down prices of 200 more drugs directly to take control over it. Earlier it had put power on 800 drugs which are used in medicines to treat well-known physical ailments such as Cancer, HIV/AIDS, Cardiovascular, etc. The respective details were provided by Press Trust of India on March 13, 2016. The …

Volvo Cars to Introduce In-Car Delivery Services

Volvo Cars Corporation, an automobile manufacturer, based in Sweden is all set to introduce its premium car services named as In –Car Delivery Services. These particular services of Volvo help in delivering automobile at places within two hours of on-line shopping. The respective company has teamed up with a Swedish startup company Urb-it so as to expand its delivery services …

Lenovo’s New PC Serving As Service Provider

Lenovo’s latest hi-tech PC, PCaaS, is making news as it is being considered as world’s first ‘Service Provider’ computers. As the name suggests the new PC will cover life-cycle costs. The only thing that matters is it has to be ordered in bulk. Almost a fleet of computers numbering from 200 and above. The PCs provides services right from configuration, …

Operating Surplus Increased By 4,268 Crores INR in Indian Ports

The Port Trust of India(PTI) revealed recently that it has witnessed a gain of 18.78% in operating surplus which worth 4,268 crores INR at the first trimester end of financial year. At present country has 12 ports which operates efficiently unanimously and had collected surplus of 3,593 crores INR in previous year. According to the centre government led by Prime …

Wake Up Call For Fake Currency Worth 29.6 Crores INR

As per latest data, transitions of fake Indian currency has increased within three years. The currency amount mostly include 100 INR and 1000 INR, respectively. The total amount  found was worth 29.6 crores INR . Though 500 INR fake note transactions have been decreased for few years. The alarming situation came in to being when various banks in India took …

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 ; …

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