A new hope for personal privacy
We need a model for privacy protection that lets us benefit from all this new data-rich world offers, but also protects us from the harms it can inflict Source: Livemint.com…
TRAI defends data privacy paper, says consumer interest vital
TRAI chief seeks to allay industry’s fears on overregulation and jurisdiction, says people should not presume the ‘cry foul’ as consultations on data privacy has just began Source: Livemint.com (http://www.livemint.com/rss/industry)
NCLT names resolution professional in Jaypee Infratech case
The NCLT has admitted the plea of IDBI Bank relating to default of Rs526 crore loan by Jaypee Infratech and appointed an interim resolution professional for it Source: Livemint.com (http://www.livemint.com/rss/industry)
Demonetisation: Unusual deposits of Rs 1.7 trillion detected, says RBI paper
The RBI paper said the excess deposits accrued to the banking system due to demonetisation are estimated in the range of Rs 2.8-4.3 trillion Source: Livemint.com (http://www.livemint.com/rss/industry)
India’s industrial output contracted by 0.1% in June
India’s factory output, measured in the terms of the index of industrial production (IIP), declines by 0.1% in the month of June, compared with a 1.7% rise in May Source:…
Nainital Bank trying to revamp itself as a digital bank
Bank of Baroda subsidiary Nainital Bank is planning a new asset-light model and aims to roll out digital banking services across India in the next two years Source: Livemint.com (http://www.livemint.com/rss/industry)
France’s Engie in talks to partner Everest Industries for solar roofs
With around 60% of rooftop space in India not fit for solar installations given their sub-par design, the plan is to create a new category of solar-ready roofs Source: Livemint.com…
Consumer goods firms may face long-term disruption in CSD channel
The Canteen Stores Department (CSD) network, the largest organized retailer in India, has been dragging down sales for FMCG firms across the board Source: Livemint.com (http://www.livemint.com/rss/industry)
Bank NPAs rose significantly in first half of 2017: Ficci-IBA survey
The Ficci-IBA survey reveals that NPAs in public sector banks shot up considerably, with 91% respondents from PSBs reporting an increase in bad loans Source: Livemint.com (http://www.livemint.com/rss/industry)
RBI halves dividend payout to government to Rs30,659 crore
RBI’s dividend payout to the government, for the year ended 30 June 2017, has fallen to Rs30,659 crore from Rs65,876 crore in the previous year Source: Livemint.com (http://www.livemint.com/rss/industry)