Mumbai, Aug. 3: The RBI has proposed several measures to make banking more secure, including a system where a person will be able to block his stolen ATM card through a text message. It has also proposed a raise in insurance on bank deposits to Rs 5 lakh and a single toll free number for all banks, besides zero liability against loss in ATM and online transactions.
New Delhi, Aug. 3: The government today said outstanding payment of over Rs 4,000 crore were due against various airlines till June for using airport facilities, aviation minister Vayalar Ravi told the Lok Sabha.
New Delhi, Aug. 3: The Centre will soon take a call on opening multi-brand retail for foreign direct investment after it gets the recommendations of the committee of secretaries, commerce minister Anand Sharma told the Rajya Sabha today.
New Delhi, Aug. 3: Essar has completed the acquisition of Zimbabwe Iron and Steel Company for $750 million (over Rs 3,300 crore) and will take over all liabilities of the firm and the Zimbabwe government.
Calcutta, Aug. 3: Hindustan Steelworks Construction Limited (HSCL) is expecting the CCEA’s approval for its Rs 1,440 crore financial restructuring proposal by September.
