Business News and Startup News ATM operations at 91%, on downtime of internet and mobile banking: RBI Governor Adderssing the media, RBI Governor Shaktikanta Das on Friday said that ATM operations on average stood at 91% of the full capacity amid the nationwide lockdown due to COVID-19. He added that there was no downtime or outage of internet and mobile …
Read moreLatest Update on Business News and Startup News Allow online sale of alcohol: Liquor body to government Liquor body Confederation of Indian Alcoholic Beverage Companies (CIABC) has asked the central and state governments to permit the online sale of alcohol amid lockdown. CIABC said taxes on alcoholic beverage is an "important source of revenue for sta…
Read moreBusiness And Startup News Facebook in talks to acquire 10% Stake in JIO in 'multi-billion dollars' deal: Report Due to coronavirus outbreak, Finacial Times reported on Tuesday, adding that the deal size was in "multi-billion dollars". Analysis at Bernstein value Jio at more than $60 billion. India's richest person Mukesh Ambani has…
Read moreBusiness and Startup News Coronavirus Pandemic to leave behind a global recession : Anand mahindra Billionaire Anand Mahindra has said the coronavirus will eventually be conquered but will leave behind " a global recession ". He said, "Costs of that are incalculably high..Most fearsome toll will be on small business,self-employed &…
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