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400mn Indians now on WhatsApp, bad news for Paytm

400mn Indians now on WhatsApp, bad news for Paytm

New Delhi, July 26:  Facebook-owned WhatsApp which is planning to launch its peer-to-peer, UPI-based Pay service in India later this year has nearly 400 million users in the country — a bad news for digital payments leader Paytm which last reported 230 million users. “With a billion mobiles, lowest data…

Xiaomi-led India market hit 37mn smartphone shipments in Q2

Xiaomi-led India market hit 37mn smartphone shipments in Q2

New Delhi, July 25:  Chinese handset maker Xiaomi grabbed the top spot in the second quarter (Q2) of 2019 with a 28 per cent share as smartphone shipments in India grew to 37 million units, setting a second-quarter shipment record, a new report by Counterpoint Research said on Thursday. China’s…

Facebook has no choice but to topple TikTok in India

Facebook has no choice but to topple TikTok in India

New Delhi, July 21:  Chasing 15 seconds of fame, millions of Indians are hooked to TikTok and the success of the Chinese short video-sharing app — despite controversies and calls for regulation — has forced major digital giants to incorporate short videos on their own platforms. TikTok is available in…

HDFC Bank declares results for Quarter ended June 30, 2019

HDFC Bank declares results for Quarter ended June 30, 2019

Mumbai, July 20: The Board of Directors of HDFC Bank Limited approved the Bank’s (Indian GAAP) results for the quarter ended June 30, 2019, at their meeting held in Mumbai on Saturday, July 20, 2019. The accounts have been subjected to a ‘Limited Review’ by the statutory auditors of the…

Camera lens worth $13,000 sold for $94 during Amazon Prime Day

Camera lens worth $13,000 sold for $94 during Amazon Prime Day

San Francisco, July 19:  A technical error during the Amazon Prime Day sale has brought cheers for online shoppers who booked high-end camera lenses worth thousands of dollars for under $100 and received the photography gear at home. According to a report in Engadget on Thursday, one bargain hunter claimed…

HDFC Bank and CSC launch Small Business MoneyBack Credit Card for small traders and Village Level Entrepreneurs (VLEs)

HDFC Bank and CSC launch Small Business MoneyBack Credit Card for small traders and Village Level Entrepreneurs (VLEs)

New Delhi, July 16, KNT:  HDFC Bank and Government of India’s Common Service Centre (CSC) SPV, today launched a co-branded Small Business MoneyBack Credit Card. This one-of-a-kind credit card is specially designed for the CSC’s Village Level Entrepreneurs (VLEs), and VLE-sourced customers. It will empower users by giving them easy…

AK Misra appointed as Additional Director JK Bank BOD

AK Misra appointed as Additional Director JK Bank BOD

SRINAGAR, JULY 04: Reserve Bank of India (RBI) has appointed Mr. A.K Misra, ex Executive Director RBI as Additional Director on the Board of Directors (BOD) of the Jammu and Kashmir Bank Limited, in exercise of the powers conferred by sub-section (1) of Section 36 AB of the Banking Regulation…

J&K Bank shall emerge better from the current situation

J&K Bank shall emerge better from the current situation

Chairman  & Managing Director assures investors/ stakeholders Srinagar, June 20: The Chairman and MD of the Jammu and Kashmir Bank, Mr. Rajesh Kumar Chhibber today reassured all stakeholders that the Bank’s business is not impacted in any manner by the recent developments and ongoing investigations undertaken by the State Anti Corruption…

Car buyers accuse dealers of charging extra money

Car buyers accuse dealers of charging extra money

Srinagar, June 17: Car dealers in Kashmir Valley are charging hefty sums from buyers to get their vehicles registered- an act in total violation of Regional Transport Office.    Regional Transport Office had issued directions to the car dealers to charge a fixed sum as fee for registration and for number…

J&K Bank to now come under RTI act, CVC guidelines

J&K Bank to now come under RTI act, CVC guidelines

Srinagar, June 15:  The board of directors of Jammu & Kashmir Bank on Saturday decided to bring the bank under the J&K RTI Act, 2009 and the CVC guidelines with effect from Monday. The board, which met here under the chairmanship of the bank’s interim Chairman and Managing Director R.S.…

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