Money

Business and Finance

Airtel and Vodafone Idea remove cap on calling in their unlimited plans

Earlier, calls were charged per minute beyond the ceiling put by the telecom companies.

Netflix plans big India push, to pump in Rs 3,000 crore for expanding operations

The funds will be spent on creating more localised content.

Auto crisis: One lakh workers in auto parts industry lost jobs up till July this year

According to the Automotive Component Manufacturers Association, the turnover of the industry dropped by 10.1% to Rs 1.79 lakh crore in the April-September period.

RBI probes net banking breakdown at HDFC Bank

No customer could transact any banking work for two days, either using their computers or their mobile phones.

Postmen and grameen dak sevaks will soon be able to sell insurance policies

The insurance regulator has issued guidelines for the India Post Payment Bank to appoint the postmen and grameen dak sevaks as point of sales persons for insurance policies.

Indians cutting down on household spending amid low consumer confidence

An RBI survey has found that not only consumers, but even manufacturers remain anxious about the future, following declining GDP growth.

Maruti Suzuki to recall 63,493 units of Ciaz, Ertiga and XL6 models

The units being recalled are Petrol Smart Hybrid variants of Ciaz, Ertiga and XL6 models manufactured between January 1, 2019 to November 21, 2019.

Air India posts record loss of Rs 8,556 cr in FY19, as govt looks to sell airline

According to Civil Aviation Minister Hardeep Singh Puri, Air India’s accumulated losses have soared to 69,575.64 crore in the past decade.

Vodafone Idea will shut shop if govt doesn't give further relief: Kumar Mangalam Birla

Birla also indicated that the Aditya Birla Group will not invest any money in the company in the absence of relief from the government.

Payment banks can now convert into Small Finance Banks after 5 years of operations

This was part of the Reserve Bank of India’s guidelines for ‘on tap’ licensing of Small Finance Banks in the private sector.