Banks disbursing soiled notes, sprayed with perfume, insecticides

New Delhi, Nov 19  Battling an unprecedented cash crunch after the government spiked high-value currency notes, banks at various places have been receiving soiled Rs 100 notes for disbursal that were otherwise supposed to be dumped after being taken out of circulation years ago.

Many customers in Delhi complained…

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JNPT creates record by loading 80.640 mt of ONGC crude oil

New Delhi, Nov 19 The Jawaharlal Nehru Port Trust (JNPT) has created a record by loading 80. 640 mt of ONGC crude oil on a tanker ship, an official statement said on Friday.

“Jawaharlal Nehru Port Trust (JNPT), India’s number one container port, created a major record on November…

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Global LED technology expo in Delhi on Dec 2-4

New Delhi, Nov 18  More than 270 companies will be taking part in the 15th LED Expo — an international exhibition on LED (light emitting diode) lighting and technologies — to be held during December 2-4 at the capital’s Pragati Maidan exposition venue.

The three-day LED Expo 2016 organised…

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Rupee cracks 68-level, tumbles 32 paise

Mumbai, Nov 18 (PTI) The rupee took a sharp plunge of 32 paise to crash below the 68-mark against the US dollar in early trade today on higher dollar demand from importers after the American currency strengthened overseas coupled with lower opening in the domestic stock market.

Dealers said…

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New IBM centre to help in digital transformation

New Delhi, Nov 17  Software giant IBM on Thursday announced the launch of a new state-of-the-art IBM centre in Mumbai that will help clients accelerate their digital transformation journey across industries, with a focus on banking and financial services organisations.

The new IBM centre will provide clients…

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