The Reserve Bank of India (RBI) on Wednesday granted `in-principle` approval to 11 entities, including Reliance Industries, Aditya Birla Nuvo and Department of Posts, to set up non-lending payments banks as part of the financial inclusion drive.
Mobile users will pay less for roaming from Friday as leading operators, including Airtel, Vodafone, Idea and RCom, slashed their roaming rates by up to 75 percent weeks after regulator TRAI cut ceiling tariffs.
A Defence Ministry staff member, who was arrested for his alleged involvement in the corporate espionage case, was on Tuesday remanded to one-day police custody by a Delhi court which also sent the five corporate executives to nine-day judicial custody.
A Reliance ADAG group firm on Friday night said it will "fully cooperate" with the investigative agencies after one of its executives was arrested in connection with the sensational corporate espionage scandal.
After witnessing the launch of the country's first mobile service in 1995, Kolkata is all set to become the country's first digital metro city with Reliance Jio unveiling its Wireless Broadband Access-based Wi-Fi services here Thursday.
This is more than double the investment amount committed during the last edition of the Summit in 2013 at Rs 12 lakh crore (with 17,000 MoUs) and is over ten-times the investment committments announced at the recently held West Bengal Global Business Summit.