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In its heydays, Videocon was known for its consumer durables business. Photo: Mint

Tue, Sep 25 2018. 06 06 PM IST

Bids invited for debt-ridden Videocon under insolvency resolution process

The corporate insolvency resolution process of Videocon Industries Ltd, which has debt of around ₹20,000 crore, was commenced under the Insolvency and Bankruptcy Code following an order by the NCLT

Photo: Mint

Tue, Sep 25 2018. 05 25 PM IST

IndusInd Bank customers can now use voice-based command through Alexa for banking services

IndusInd Bank says all transactions done through Alexa are completely safe and secure, following the 2-factor authentication guidelines prescribed by the regulator.

Wallet firms, in the meantime, are free to verify customers using any other approved government-issued identification, but prefer Aadhaar since it’s cheaper and convenient for them.

Tue, Sep 25 2018. 05 22 PM IST

PPI industry still awaits Aadhaar access

Though the RBI has mandated Aadhaar for customer verification, the guidelines have not taken effect yet

Vast majority of SAP’s revenue is coming from cloud software solutions: Krishnan Chatterjee, CCO and Head of Marketing, SAP

Tue, Sep 25 2018. 05 19 PM IST

Biggest marketing transformation will be in data: Krishnan Chatterjee

Technology will never rest, but you have to understand which layer that technology attacks will be the most effective, says Krishnan Chatterjee, CCO and Head of Marketing, SAP

A file photo of finance minister Arun Jaitley. Photo: Mint

Tue, Sep 25 2018. 04 34 PM IST

Arun Jaitley asks PSU banks to take effective action against frauds, wilful defaults

Reviewing the performance of PSU banks, Arun Jaitley exuded confidence that formalisation of the economy would help India achieve sustainable growth of 8%

Standard Chartered said its existing commitments were excluded from its new policy on coal energy. Photo: AFP

Tue, Sep 25 2018. 03 43 PM IST

Standard Chartered to stop financing new coal power plants

Standard Chartered said it will stop financing new coal power plants across globe as part of its commitment to support Paris Agreement on climate change

L&FS has revealed a series of delays and defaults on its debt obligations and inter-corporate deposits in recent days. Photo: Reuters

Tue, Sep 25 2018. 02 56 PM IST

LIC chairman says all options open to revive IL&FS

LIC will not allow the country’s beleaguered Infrastructure Leasing & Financial Services (IL&FS) to collapse, says Chairman V.K. Sharma

The World Bank report, which was released on Monday, has highlighted among key factors, the long list of product restrictions in bilateral trade. Photo: Bloomberg

Tue, Sep 25 2018. 02 22 PM IST

India-Pakistan trade potential stands at $ 37 billion: World Bank

India and Pakistan continue to maintain long, sensitive lists of items on which no tariff concessions are granted

Photo: Mint

Tue, Sep 25 2018. 02 03 PM IST

Yes Bank shares slump 12% ahead of board meeting

In intraday trade, Yes Bank shares fell as much as 12.2% and touched a low of Rs 198.65 per share on BSE

Brent crude futures were at $81.45 per barrel at 0421 GMT, up 25 cents, or 0.3 percent. Photo: Reuters

Tue, Sep 25 2018. 10 46 AM IST

Oil prices near 4-year high as producers resist output rise

Oil prices are within reach of four-year highs hit in the previous session, as looming US sanctions against Iran and unwillingness by the OPEC to raise output support the market

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