The company said in a release that given the unprecedented situation and the current market volatility, it "aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction".
The "benami property" means any property which is the subject matter of a benami transaction and also includes the proceeds from such property and "benami transaction" means,-- a transaction or an arrangement where a property is transferred to, or is held by, a person, and the consideration
While setting aside the order of the Chief Information Commissioner (CIC), the Delhi High court recently said that the information relating to money laundering business, hawala money transactions, acts of tax evasion and smuggling activities do not relate to corruption or human rights violat
Chandigarh [India], January 30 (ANI/PNN): ReelStar, a leading global community based social media platform is spearheading the sphere of entertainment fused with technology in the region organized an exclusive gala night aimed at creating awareness about their upcoming app platform which was
Speaking at the inaugural session of G20 first inception meet in Hyderabad, the G20 Sherpa said, "Earlier, opening a bank a/c in India took 8-9 months whereas today, it's possible within a minute using biometrics. Since last four years, we do more fast payments compared to US, Europe and Chi
The transaction is expected to be completed within a time period of 3-4 months from the date of signing, which is subject to the satisfactory completion of all conditions precedent.
Mumbai (Maharashtra) [India], January 25 (ANI/NewsVoir): HDFC Life and National Payments Corporation of India (NPCI), have collaborated to offer a first - UPI 123PAY. This is a unique voice-based premium payment service that further simplifies the premium payment process for HDFC Life policy
London [UK], January 24 (ANI/PRNewswire): A network-wide vote is set to take place next month on the TON blockchain in which validators will decide whether inactive miners' wallets are to be suspended. Wallets will be considered inactive if they took part in Toncoin mining, the token's distr
This action of the central bank is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
Digital Payments transactions have been consistently increasing over the last few years, as a part of the Government of India's strategy to digitise the financial sector and economy. Further, concerted efforts have been made to promote financial inclusion as one of the important national obj