RBI reschedules MPC meeting, new dates to be announced shortly

The interest-setting panel was scheduled to meet for three-days beginning Tuesday for RBI’s bi-monthly monetary policy review The Reserve Bank of India (RBI) on Monday decided to rescheduled this week’s meeting of the Monetary Policy Committee (MPC) and said that the new dates will be announced shortly. The central bank, …

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Sale of spurious biodiesel hits business of petroleum dealers

Imported biofuel is reportedly blended with diesel and sold at a low price. Petroleum dealers and oil marketing companies (OMCs) in the State are concerned over the sale of a spurious product in the name of biodiesel to truckers. The product is being sold ₹15 cheaper than the price of …

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India, Denmark ink pact to increase cooperation on IPRs

The two sides to draw up a biennial work plan to implement the MoU which will include detailed planning for carrying out cooperation activities India and Denmark on Saturday inked a Memorandum of Understanding (MoU) to increase cooperation in the area of intellectual property rights (IPRs) by exchanging best practices …

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Airtel picks up strategic stake in tech start-up Waybeo

Bharti Airtel on Wednesday said it has picked up a strategic stake in Waybeo under its start-up accelerator programme, in line with its strategy to ramp-up cloud offerings. The company did not divulge into the financial details of the deal. Tech start-up Waybeo, focused on deep artificial intelligence-based analytics for …

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Applying for IPOs? 7 things you must do to ensure your money is safe

The primary market has been buzzing with the stellar response to two latest initial public offerings – that of new-age IT firms Happiest Minds and Route Mobile. Three more from Chemcon Speciality Chemicals, CAMS and Angel Broking are hitting the market this week to raise an aggregate Rs 3,100 crore. …

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