Wall Street firms fined $1.8bn after staff discussed trades on personal devices

The Securities and Exchange Commission (SEC) says the investigation uncovered “pervasive off-channel communications”, the BBC reported. Barclays, UBS and Goldman Sachs were among the 16 firms named by regulators. The…

SAP Labs partners Capgemini to nurture SaaS startups in India

The ‘Cohort 2022’ programme, launching on September 29 in Bengaluru, will see close to 25 curated start-ups participate in a two-day event. “The objective is to develop a vibrant start-up…

Pradhan Mantri Garib Kalyan Anna Yojana extended by 3 months

The decision was taken in the meeting of the Union Cabinet held earlier in the day. The scheme was coming to an end on September 30, after it had been…

At Rs 1,000 per claim, National Insurance plans to hire Internal Ombudsman

According to the company, the Internal Ombudsman shall deal with all grievances relating to quantum disputes arising out of claim. The Internal Ombudsman is required to strengthen the grievance redressal…

Zomato says confident to make profit from inter-city food delivery

Zomato’s VP of Global Growth Siddharth Jhawar told IANS that this is a business and they want to be profitable. “Even at a slight scale, we’ll start making a profit.…

Maha, Delhi top defaulters as banks’ dues mount to Rs 8.58 lakh crore

The figures show that as on March 31, 2022, there were 30,359 records of borrowers with defaults of Rs one crore and above, with recovery suits filed against them by…

TN to become hub for seaweed industry

Inaugurating the Seaweed India-2022 Conference here, A. Karthik, Principal Secretary Animal Husbandry, Dairying, Fisheries and Fishermen Welfare Department, said the state is poised for growth as a modern seaweed hub.…

Cabinet approves DA hike by 4%

This would be due from July 1, 2022. A total burden of Rs 12,852 crore would be borne by the exchequer towards payment of these allowances for the current fiscal,…

Chandigarh airport officially named as Shaheed Bhagat Singh International Airport (Ld)

The Chandigarh Airport belongs to the Indian Air Force (IAF). The Chandigarh International Airport Limited is a Joint Venture of AAI, Punjab government and the Haryana government. Presently, the airport…

SPPL now eyes India premium TV market with next-gen QLED offerings: CEO

Established in 1990 with its head office in Noida, SPPL is a brand licensee of five major global brands Kodak, Thomson, Blaupunkt, Westinghouse and White-Westinghouse (trademark of Electrolux). With White-Westinghouse,…