RTGS facility will not operate on 2nd, 4th Saturdays: RBI

Last Updated: Tuesday, September 1, 2015, 18:45

The RTGS system, which allows real time transfer of large funds, will not be operated on second and fourth Saturdays with banks observing public holiday on that days, the Reserve Bank said Tuesday.

Expect transactions worth $3-5 bn on cloud platform: cloudBuy

Last Updated: Tuesday, August 18, 2015, 16:01

The Confederation of Indian Industry(CII) has roped in cloudBuy to recently launch a new e-commerce business gateway to global supply.

Realty brokerage market poised to become more tech savvy

Last Updated: Sunday, August 9, 2015, 13:46

Realising the potential of the USD 6 billion Indian realty brokerage market, many tech professionals are launching portals and mobile applications that will make brokers more professional and accountable.

Axis Bank's mobile transactions double in June

Last Updated: Wednesday, July 8, 2015, 00:49

Third-largest private sector lender Axis Bank Tuesday reported doubling of its number of mobile transactions for June, with the total value touching the Rs 2,400 crore mark.

Coal scam: Plea for probe into 'hawala transactions' in SC

Last Updated: Monday, July 6, 2015, 20:45

The Supreme Court Monday sought the responses of CBI and ED for a probe into the Aditya Birla Group's alleged hawala transactions which cropped up during the probe of the coal scam and permission granted for alleged diversion of coal from the block allotted to Reliance ADAG's Sasan Ultra Mega Power Project in Madhya Pradesh.

Vanguard picks up Eicher Motors shares worth Rs 309 cr

Last Updated: Friday, June 19, 2015, 20:58

Shares of the company were purchased on an average price of Rs 19,676.89, valuing the transaction at Rs 309.04 crore.

BSNL aims to launch m-wallet with SBI over next 2 months

Last Updated: Tuesday, June 16, 2015, 18:40

Mobicash Wallet mobile user can pay for various services such as recharge of prepaid cards and mobile/utility bills, book film tickets and shop online.

Sebi bars Karvy Stock Broking from taking new work for 1 year

Last Updated: Monday, June 15, 2015, 18:11

SAT's order came after it was found that the regulator did not permit the brokerage to cross-examine Bharat Overseas Bank's Ahmedabad Branch Manager Devi Dutt in the case.

HDFC Bank unveils PayZapp online payment solution

Last Updated: Monday, June 15, 2015, 14:20

"PayZapp, a payment solution, will revolutionise the way payments and purchases are done on the go today using mobile devices.

Deutsche Bank probes $6 billion suspected money laundering

Last Updated: Saturday, June 6, 2015, 08:29

Deutsche Bank AG is looking into possible money laundering transactions by some of its clients in Russia which could exceed $6 billion, a source familiar with the matter told Reuters on Friday.

Parl panel scrutinises bill to check benami deals, black money

Last Updated: Thursday, June 4, 2015, 23:09

A Parliamentary panel Thursday scrutinised the benami transactions prohibition bill which has been brought in by the government to unearth domestic unaccounted wealth.

Samsung Electronics to expand mobile payments service to China, Europe

Last Updated: Wednesday, June 3, 2015, 11:01

Tech giant Samsung Electronics Co Ltd said on Wednesday that it will expand its Samsung Pay mobile payments service to markets such as China and Europe after an initial launch in South Korea and the United States later this year.