Law on E-Commerce Needed to Protect Online Consumers: IIM Study
Ahmedabad: In the era of increased online shopping, a study conducted by the Indian Institute of Management-Ahmedabad (IIM-A) has stressed on a need for a separate law for e-commerce with a view to protect rights of web consumers in India. “To effectively protect a consumer buying goods or... read more »
Toshiba logs $317.7 million net loss in FY 2014
Japan’s Toshiba Corporation logged 37.83 billion yen (about $317.7 million) group net loss for the past fiscal year through March due to asset impairment charges and other losses, local media reported on Monday. The high-tech giant had planned to release earnings on August 31, however, a... read more »
Crude oil slump hits Indian shores
The plunge in global oil prices may have brought cheer to consumers, but it is hurting the companies involved in oil exploration and production locally. Cairn India, country’s second-largest private sector oil & gas explorer, has de-hired majority of its developmental oil rigs from its... read more »
IndusInd Bank up over 2% as RBI allows FIIs to buy shares
Shares of IndusInd Bank on Monday surged over 2 percent in morning trade on the bourses after the Reserve Bank on Friday removed the lender from its caution list. RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further... read more »
