RBI imposes Rs 1 crore penalty on SBI

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 crore  on State Bank of India SBI for non-compliance with its directions

RBI imposes a penalty of ₹1.95 crores on Standard Chartered Bank

RBI has imposed penalty of ₹1.95 crores on Standard Chartered Bank India for non-compliance of directions of the Banking Regulation Act, 1949

India’s first electric vehicle MaaS platform launched

One of India’s leading chauffeur-driven cab service providers - Carzonrent has launched Plug Mobility - India's first electric vehicle (EV) Mobility-as-a-Service platform to offer clean and sustainable mobility solutions to its clients through a fleet of EV’s. The company envisions saving 389 MN Tons of Co2 emissions in the next five years by introducing 20000 cars across India

CarDekho raises $250mn, reaches Unicorn status

CarDekho headquartered in Jaipur Rajasthan has joined the unicorn club with a valuation of $1.2bn.

Rajneesh Karnatak takes over as ED of Union Bank

Former Chief General Manager of Punjab National Bank Rajneesh Karnatak assumed charge as Executive Director of Union Bank of India.

RapiPay sells over one lakh micro-ATMs in 1st year

RapiPay, one of the leading assisted payments Fintech companies announced that it has sold over one lakh Micro ATMs since it began operations last year.

CarDekho Mall– largest used car showroom in India

CarDekho Mall in Jaipur, a one-stop shop for all used cars. The mall displays a range of used cars- SUVs, saloons, sedans and hatchbacks

FloBiz ropes in Manoj Bajpayee as brand ambassador

FloBiz has roped in film star Manoj Bajpayee as brand ambassador for myBillBook - a simple to use GST billing and accounting software. The ‘Business Ko Le Seriously’ campaign highlights how digital solutions can improve performance and power growth in a small business.

FSSAI launches Food Safety Connect App

FSSAI has launched a mobile application called ‘Food Safety Connect’ to connect with consumers and Food Business Operators (FBOs).

How COVID-19 unlocked floodgate of opportunities

The coronavirus pandemic had several negative aspects. People got sick and died; schools closed, employees lost their job. However, the tragedy also opened floodgates of opportunities.

Microsoft CEO’s letter to stakeholders @ 2021

Microsoft CEO Satya Nadella recently issued a letter to the stakeholders detailing the struggles faced due to the pandemic

Funskool brings home new range of toys & puzzles

India’s leading toy manufacturer Funskool India Ltd has added new range of games, toys, and puzzles to their product catalogue.

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