Category Archives: News

RBI asks NBFCs to appoint chief risk officers

KOLKATA: The Reserve Bank of India told non-banking finance companies with assets size of over Rs 5,000 crore to appoint a chief risk officer to improve standards of their risk management. “With the increasing role of NBFCs in direct credit intermediation, there is a need for NBFCs to augment risk management practices,” the central bank […]

Now Jio launches an IRCTC like app for booking train tickets

Reliance Jio has launched an application called JioRail for its JioPhones. The app will allow customers to book and cancel tickets by using debit cards, credit cards and e-wallets, check PNR status, train information, timings, routes, seat availability and several other services. Available on the Jio App Store, the JioRail app also allows Tatkal booking […]

HDFC Ergo and IBM to jointly setup data lab in India

MUMBAI: General insurance company HDFC Ergo and technology major IBM have jointly set up a lab in India to run deep analytics on customer data and subsequently develop customised solutions to improve business efficiency and profitability. The ‘IBM Garage’ with a team of 25 experts, including data scientists, technology architects and design engineers from IBM […]

No change in poll times, says Supreme Court

The Supreme Court on Monday refused to advance the timing of polls from 7 a.m. to 4.30 a.m. or 5 a.m. for the seventh and last phase of the Lok Sabha polls, considering the heat wave and that it is the holy month of Ramzan during which Muslims fast during the day time. A Vacation […]

Satya Nadella Has Built World’s 1st Election Software That Lets You Track Your Vote Till End

It’s only natural people worry about the sanctity of elections. They are after all trying to pick their policymakers. But since the Cambridge Analytica scandal, we’ve gotten warier of interference in general. So Satya Nadella’s Microsoft has just released a software kit it thinks could help us rest easy. At the Build 2019 developer conference […]

5 things to know about Form 16

1. Form 16 is a certificate issued by an employer, certifying that the TDS is deducted from the salary of the employee and deposited with the government. 2. The form’s Part A contains employer’s TAN, PAN of employer and employee, address, assessment year, employment period and summary of TDS deposited with government. 3. The Part […]