Tag Archives: open

Bank branches dealing with government business to remain open this Sunday: RBI

MUMBAI: The Reserve Bank of India (RBI) on Tuesday directed banks to keep open their branches dealing with government business on the last day of the financial year (March 31), which happens to be Sunday. “The Government of India has advised that all Pay and Account Offices will remain open on March 31, 2019 (Sunday) to facilitate government receipt and payment ... Read More »

Power Finance not to extend open offer to REC’s minority holders

Power Finance Corp said on Monday the company was not considering extending the open offer to the minority stakeholders for its deal with REC Ltd. There has been no finalisation on the deal value, the non-banking finance company said. The Indian government had approved a plan in December by one state-owned lender to the power industry, Power Finance, to buy a ... Read More »

We are always open to mergers and acquisitions: Nishant Pitti, CEO, EaseMyTrip

Having clocked profit to the tune of Rs 30 crore last year, online travel platform EaseMyTrip does not need any fresh funding, according to its CEO and founder Nishant Pitti. “We are not in a desperate need of any funding. If we want to expand, we have enough of funds and we can expand of our own. But we are always open to ... Read More »

82% of Marketers Report Increased Open Rates Through Email Personalization

Get this, 82 percent of marketers reported an increase in open rates through email personalization, while 75 percent believe that personalization yields higher click-through rates. This information and more is featured in a new infographicActiveTrail, a company specializing in marketing automation. And while most small business owners and marketers have started to appreciate the power of personalization in the client acquisition ... Read More »

Democrats Should Embrace an Open Economy

Wesley Bedrosian President Trump’s decision to announce tariffs on steel and aluminum is his latest effort to close America off from the world in a counterproductive movement to turn back the global economy 40 years. The decision serves as a moment for Democrats to stand up for an open America that confidently competes globally. The immediate impact of Mr. Trump’s ... Read More »

US stocks open flat amid investor caution

The broad-based S&P 500 was down less than 0.1 per cent at 2,730.36 while the tech-rich Nasdaq Composite Index lost a hair to 7,254.87. NEW YORK: Wall Street stocks were flat in early trading Friday, threatening a five-day winning streak in a sign investors remain somewhat cautious after the volatility in equities this month. About 15 minutes into trading, the Dow Jones Industrial Average ... Read More »

ESAF Small Finance Bank to open 60th branch on Wednesday

ESAF Small Finance Bank is opening its 60th branch at Andheri (East) in Mumbai on Wednesday. The erstwhile microfinance lender, which converted itself into a small finance bank following the receipt of RBI’s licence, had begun its operations in March this year. Announcing the launch of its Mumbai operations, K Paul Thomas, MD & CEO, said the bank, which currently ... Read More »

Indian mindset for ownership of Air India, in theory all open, says aviation minister

Civil aviation minister Ashok Gajapathi Raju on Thursday said the “Indian mindset” is to keep the ownership of Air India within the country but “theoretically everything is open”, including allowing foreign bidders. His comments assume significance as it indicates that the government might tweak the Foreign Direct Investment (FDI) norms with respect to Air India — the loss- making national ... Read More »

Could 3D Printed Tire Open Door to Small Auto Parts Manufacturing?

For decades, automotive manufacturing has been reserved only for large businesses with huge factories and plenty of resources. But that all could be about to change thanks to 3D printing. Michelin just unveiled an airless, 3D printed tire-wheel combination concept. The product could help drivers avoid issues like flat tires. And it could potentially even be customized to different driving conditions ... Read More »

Ryanair to open IT centre and airdock in Poland, hire 270 people

Ireland’s low-cost airline Ryanair plans to open in Poland an IT centre employing 120 people as well as an airdock employing 150 people, the company said on Tuesday. Ryanair is the market leader in Poland with a market share of over 30 percent and is challenging Poland’s state carrier LOT by moving domestic Polish flights to Warsaw Chopin airport, from ... Read More »