Business

April 24, 2014 9:25 AM

RBI panel moots centralised bill payments in country

A committee set up by the Reserve Bank of India has suggested a mechanism for centralised bill payment system in the country. The committee has recommended setting up two organisations- Bharat Bill Payment Services or BBPS and the Bharat Bill Payment Operating Units or BBPOUs for the purpose. BBPS w...

April 24, 2014 8:57 AM

Show scheme to reserve space for elders in local: B'Bay HC to Railways

The Bombay High Court on Wednesday asked the Railway authorities to come out with a scheme to reserve seats for senior citizens in suburban trains as the existing facility was not sufficient to accommodate the elders. A bench headed by Chief Justice Mohit Shah gave six weeks time to the Railways to ...

April 24, 2014 8:54 AM

RBI panel suggests mechanism for centralised bill payments in country

A committee set up by the Reserve Bank of India has suggested a mechanism for centralised bill payment system in the country. The committee has recommended setting up two organisations- Bharat Bill Payment Services or BBPS and the Bharat Bill Payment Operating Units or BBPOUs for the purpose. BBPS w...

April 24, 2014 8:25 AM

DGCA allows use of mobiles and laptops in flight mode

You no longer need to switch off your mobiles before your flight takes off. Instead, you will only need to put it on flight mode. This has become possible with the Director General of Civil Aviation yesterday, amending the rule which bans use of portable electronic devices and allowing their usage i...

April 23, 2014 12:55 PM

Kashmir Chamber of Comm & Industry slaps notice on telco for pashmina ad

The Kashmir Chamber of Commerce and Industry has sent a legal notice to a private telecom company seeking immediate withdrawal of a controversial advertisement on Pashmina Shawls and payment of 400 crore Rupees as compensation.Earlier state Chief MinisterOmar Abdullah termed the advertisement as wro...

April 23, 2014 12:18 PM

India, Bhutan ink pact for hydropower JVs through PSUs of both countries

India and Bhutan have signed an agreement in Thimphu for further developing hydro power, strengthening bilateral relations and cementing strategic relations between the two countries. The framework, Inter-Governmental Agreement between Bhutan and India concerning development of Joint Venture Hydropo...

April 23, 2014 9:48 AM

Award event to kick off today in USA- Bollywood's leading overseas market

Bollywood this week throws its premier awards event for the first time in the United States, which has quietly become the leading overseas market for India's prolific film industry. The International Indian Film Academy today kicks off four days of festivities in Tampa culminating in an awa...

April 23, 2014 8:54 AM

DCGI and USFDA nod must for procuring coronary stents: B'bay HC

Observing that the government can impose stringent technical requirements to provide best possible medical devices for the purpose of public health programmes, the Bombay High Court refused to quash and set aside bids issued by the Maharashtra Government to procure coronary stents.A city-based compa...

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