Business

What ease of doing business? Siddhartha’s suicide highlights the difficulties of being an entrepreneur in India

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It’s too early to pinpoint the exact causes that led to VG Siddhartha taking his own life. The letter written by the promoter of Coffee Day enterprises is confusing and raises a lot […]

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Loan

Hyundai Motor India dealers feel squeeze as loan norms tightened

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Come October, some dealers of Hyundai Motor India may need to furnish collateral of anywhere between 25% and 50% of the loan amount taken from State Bank of India, depending upon the lender’s internal […]

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Import & Export

Govt relaxes fines for underpayment of import/export duties

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The government has relaxed fines imposed on exporters and importers who fail to pay import and export duties to the government or who do not pay the full amount due. The lower […]

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Loan

How To Avail SBI Loan Against Fixed Deposit (FD)

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The minimum loan amount for availing online overdraft facility is Rs. 25,000. State Bank of India or SBI customers can avail loan against fixed deposit (FD) account without breaking their FD account, according to […]

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Loan

Foreign banks cannot engage agents for realising defaulted loan through threat, coercion: Kerala HC

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The Kerala High Court has held that foreign banks or financial institutions cannot engage recovery agents for realising the defaulted loan amount through threat, coercion, or duress from a borrower. A Division […]

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Loan

Property developers can’t service loans on customers’ behalf as the regulator steps in

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If you are planning to buy your dream home using the 25:75 scheme, wherein the builder bears the interest burden for a specified period, there is some bad news for you. The […]

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Sales

Honor Amazon Prime Days success: Sales jump 1500 percent; Honor 20i, Honor 8C, Honor 8X emerge as ‘hero’ models

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Honor has posted sales growth of 1500 per cent during Amazon Prime Days and 330 per cent during Flipkart Big Shopping Days. The latest offerings from the Chinese smartphone maker – Honor […]

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Loan

RBL Bank Q1 net profit jumps 41% to Rs 267 crore, loan growth rises 35%

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Private sector lender RBL Bank has clocked a 41 per cent year-on-year (YoY) growth in net profit at Rs 267.1 crore for the first quarter ended June 30, 2019, helped by rise […]

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