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SBI sought issuance of 147 Look Out Circulars in last five months: RTI

SBI sought issuance of 147 Look Out Circulars in last five months: RTI

The Country’s largest public sector bank – State Bank of India – sought issuance of 147 Look Out Circulars (LoCs) in the last five months in connection with bank fraud cases, an RTI response from the bank said.

Data shows that the bank started seeking LoC from the Bureau of Immigration from April this year.

Ashok Leyland announces non-working days

Ashok Leyland announces non-working days

Hinduja Group flagship firm Ashok Leyland on Monday announced non-working days at its various manufacturing facilities following weak demand. “Following are the non-working days at our various plant locations during September 2019 due to continued weak demand for our products”, the company said in a BSE filing.

How to find new products on Amazon? Jeff Bezos has this plan for fresh listings

How to find new products on Amazon? Jeff Bezos has this plan for fresh listings

Jeff Bezos’ Amazon is reportedly testing a new feature for its popular e-commerce platform to help shoppers discover newly released products. In the latest attempt, Amazon will help customers to decide what to buy, CNBC reported, and the company is testing the feature in select markets for certain customers, a company spokesperson told the news channel.

L&T Construction bags contract from CIDCO to construct residential project in Navi Mumbai

L&T Construction bags contract from CIDCO to construct residential project in Navi Mumbai

Infrastructure company Larsen & Toubro (L&T) on Monday said its construction arm has bagged contract from the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) to construct 23,432 dwelling units at various locations in Navi Mumbai. The company did not provide the value of the contract, but said the order falls under the ‘major’ category, which ranges between Rs 5,000 crore and Rs 7,000 crore according to the classification of contracts.

Jack Ma to step down as Alibaba chairman; here’s how he will follow Bill Gates’ footsteps

Jack Ma to step down as Alibaba chairman; here’s how he will follow Bill Gates’ footsteps

Jack Ma steps down next week as chairman of Alibaba, but the start-up he built into and online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture. A former English teacher whose often playful image shattered the stereotype of the drab Chinese executive, Ma officially leaves on Tuesday, his 55th birthday.

5G auction: Telecom panel to meet on September 19 to finalise spectrum price

5G auction: Telecom panel to meet on September 19 to finalise spectrum price

The Digital Communications Commission (DCC) is scheduled to meet on September 19 to finalise the pricing and other modalities for the upcoming spectrum auction. As per sources, an internal committee of the DoT has already approved the revised recommendations regarding the auction submitted by the Telecom Regulatory Authority of India (Trai).

The regulator has largely stuck to its recommendation on the reserve price of spectrum, including for the 5G band.

PV Sindhu is now the highest-paid woman athlete in India

PV Sindhu is now the highest-paid woman athlete in India

After her recent record-breaking achievement of bagging India’s first gold at the BWF World Championships, 24-year-old PV Sindhu is taking her time to pick and choose new brand endorsement deals. “We don’t want brands to suddenly get excited about Sindhu. She will choose credible and long-term partnerships that are not contingent to only her performance and wins,” says Ramakrishnan R, co-founder and director of Baseline Ventures, Sindhu’s talent management firm.

Exclusive: Iran removes anti-India banners from Pak consulate in dead of night

Exclusive: Iran removes anti-India banners from Pak consulate in dead of night

Taking a strong stance against Islamabad for using its consulate for anti-India activities, Iranian officials on 15th August forcibly removed banners from Pakistan's consulate in the northeastern city of Mashhad. The anti-India banners on so-called "Kashmir Solidarity day" were removed in the middle of the night from the walls of the Pakistani consulate by the local police.

FMCG companies chase stiff deadlines to cut plastic use

FMCG companies chase stiff deadlines to cut plastic use

While Prime Minister Narendra Modi has set a deadline of October 2, 2019, for eradication of single-use plastic, fast-moving consumer goods (FMCG) companies are working aggressively towards meeting their timelines of using 100% biodegradable plastic for packaging ready-to-eat products.

Bank of Baroda plans to raise capital up to Rs 3,000 cr via tier-II bonds

Bank of Baroda plans to raise capital up to Rs 3,000 cr via tier-II bonds

Public sector lender Bank of Baroda (BoB) plans to raise capital up to Rs 3,000 crore through tier-II bonds for meeting capital adequacy norms for the merged entity (integration of Vijaya and Dena Bank with BoB).

Rating agency India Ratings has assigned “AAA” stable rating to proposed bond offering by the PSB.

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