Fake e-com websites con Indians amid festive season boom

New Delhi (IANS) As leading e-commerce platforms gear up for record revenues in the festive season, several fake and malicious e-commerce platforms have proliferated in the country, selling smartphone accessories to luxury watches. The cyber authorities…

Telecom reforms: DoT lowers bank guarantee for telcos

New Delhi (IANS) The Department of Telecom on Wednesday slashed performance and financial bank guarantee requirement of telecom operators to 20 per cent of the current amount held by the government as part of the telecom reform measures announced…

ED arrests Unitech founder Ramesh Chandra, daughter-in-law for financial frauds

New Delhi (IANS) The Enforcement Directorate (ED) on Monday arrested Unitech founder Ramesh Chandra, his daughter-in-law Preeti Chandra and real estate promoter Rajesh Malik in connection with a money laundering case.

Lookout circular was issued…

SEBI bars TV anchor, market expert, others for fraudulent and unfair trades

New Delhi (IANS) Marker regulator SEBI on Monday barred TV anchor Pradeep Pandya, market expert Alpesh Furiya and four others on charges of undertaking fraudulent and unfair trade practices while transacting in the securities market.

It also…

Airtel conducts India's first rural 5G trial

New Delhi (IANS) Telecom major Bharti Airtel, along with Ericsson, has conducted India's first 5G network demonstration in a rural geography.

The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi-NCR using 5G…

Future Retail, 7-Eleven scrap agreement for India

New Delhi (IANS) Future 7-India Convenience Limited, Future Retails wholly owned subsidiary, and 7-Eleven Inc have mutually terminated the agreement to execute 7-Eleven stores in India.

The master franchise agreement was originally executed…

Rebound Galore: Moody's changes India's rating outlook to stable

New Delhi (IANS) Global ratings agency Moody's Investors Service on Tuesday changed India's ratings outlook to stable from negative.

Accordingly, Moody's affirmed the country's foreign-currency and local currency long-term issuer…

Aircraft under bridge: AI says plane sold earlier

New Delhi (IANS) A social media clip showing an aircraft in Air India colours getting stuck under a foot-over-bridge was sold by the airline and was being transported by its new owner.

According to an airline official, older aircraft are generally…

Three-tier GST rate structure likely by next fiscal

New Delhi (IANS) The next few meetings of the GST Council would take the country's new indirect tax regime closer to the goal of providing a transparent tax system with minimal exemptions and fewer rates.

Sources working on the GST rate…

Petroleum taxes to take govt's excise collections to historic high levels in FY22

New Delhi (IANS) Petroleum taxes are set to give big bonanza to the government in FY22 as the recovering economy and improved demand is set to increase its excise collections over the highest ever level reported in pandemic hit FY21.

As per…