RBI Monetary Policy LIVE Updates: MPC keeps repo rate unchanged at 4%
RBI

RBI allows non-bank PSPs to participate in centralised payment systems

By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Wednesday allowed authorised non-bank payment system providers (PSPs) to participate in centralised payment systems (CPS), such as real-time gross settlement (RTGS) and national electronic fund transfer (NEFT), as direct members. PSPs include prepaid payment instrument (PPI) issuers, card networks, white label ATM (WLA) operators […]

Eye on revenue growth, Vodafone Idea revises plans for corporate customers
Business

Eye on revenue growth, Vodafone Idea revises plans for corporate customers

By Administrator_India Capital Sands Vodafone Idea (Vi) on Monday revised its tariff plans for corporate customers with more bundled offers as it looks to increase its average revenue per user (ARPU). The new plans are aligned with those of Bharti Airtel, which tweaked its tariff last week. Currently, Reliance Jio has the cheapest plan for corporate […]

Adani Group stocks fall for second day on Sebi probe over compliance
Business

Adani Group stocks fall for second day on Sebi probe over compliance

By Administrator_India Capital Sands Firms controlled by Gautam Adani fell for a second day Tuesday, after the minister of state for finance told Parliament that some of them are being probed by the markets regulator over compliance with securities rules. Besides Sebi, Directorate of Revenue Intelligence is also “investigating certain entities” belonging to the Adani Group for compliance to another set […]

Kuwait to resume commercial flights with India, Egypt
Business

Air India’s engineers launch nationwide protest against 45% salary cut

By Administrator_India Capital Sands The employees of Aircraft Maintenance Engineers/Service Engineers of AI Engineering Services Limited (AIESL), a wholly-owned subsidiary of Air India limited, have launched a nationwide protest over the salary cut of engineers, news wire ANI reported. According to the report, the recent salary cut is exclusively for the engineers while the rest of […]