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Discount war: Offline retailers take on online biggies, declare 15-20% price cut, freebies and cash backs

Discount war: Offline retailers take on online biggies, declare 15-20% price cut, freebies and cash backs

Sellers of consumer durables such as Vijay Sales and Infiniti Retail will offer discounts of around 15% to 20% along with cash backs and freebies this festive season, managements of these companies have indicated to FE.

Bad news for Chanda Kochhar: Law firm pulls back clean chit, says ICICI Bank
Bad news for Chanda Kochhar: Law firm pulls back clean chit, says ICICI Bank

ICICI Bank on Tuesday said a leading law firm has taken down a 2016 report exonerating the bank’s former head Chanda Kochhar from charges of nepotism and conflict of interest with regard to loans given to the Videocon Group.

How to earn higher long-term returns with Equity Linked Savings Scheme
How to earn higher long-term returns with Equity Linked Savings Scheme

At a time when assets under management of mutual funds declined 12.5% to Rs 22 lakh crore at September-end due to massive outflows from liquid funds and income schemes, equity and equity-linked savings schemes (ELSS) saw an infusion of Rs 11,250 crore.

Fake bank apps may have stolen data of thousands of customers: Report
Fake bank apps may have stolen data of thousands of customers: Report

Fake apps of SBI, ICICI, Axis Bank, Citi and other leading banks are available on Google Play, which may have stolen data of thousands of bank customers, claims a report by IT security firm Sophos Labs.

Emerging markets guru Mark Mobius has this prediction for depreciating Rupee and widening CAD
Emerging markets guru Mark Mobius has this prediction for depreciating Rupee and widening CAD

Emerging markets guru Mark Mobius Tuesday urged the Indian government to accelerate reforms and ease rules for exports to take advantage of the ongoing trade war globally.

Piyush Goyal condoles loss of lives in Santragachchi stampede, announces Rs 5 lakh ex-gratia for deceased kin
Piyush Goyal condoles loss of lives in Santragachchi stampede, announces Rs 5 lakh ex-gratia for deceased kin

Union Railway Minister Piyush Goyal Tuesday condoled the loss of lives in a stampede on a foot overbridge at Santragachi railway station in West Bengal.

Yahoo to pay $50 million, other costs for massive security breach
Yahoo to pay $50 million, other costs for massive security breach

Yahoo has agreed to pay $50 million in damages and provide two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the biggest security breach in history.

AUTOMOBILES

Pollution certificate for your vehicle to now cost more: Here's why and how much
Pollution certificate for your vehicle to now cost more: Here's why and how much

The ruling to apply 18 percent GST on PUC said that the service is provided by the applicant to the customers on payment of service charges. Since the services of testing of pollution are provided on payment of service charge, GST is payable at the applicable rate. 

TRAVEL

Drukair launches first direct connection between North East India and Singapore
Drukair launches first direct connection between North East India and Singapore

Singapore Changi Airport has announced the launch of its 16th city link to India with the introduction of a new non-stop service between Guwahati and Singapore, operated by Drukair Royal Bhutan Airlines. This new route marks the first direct connection between Northeast India and Singapore

Horoscope: By Peter Vidal

Today ( 24 Oct )This Week ( 21 Oct - 27 Oct )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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