Tag Archives: Seeks

Government Seeks Public Views on Future of Bitcoin

HIGHLIGHTS Indian govt has sought public views on digital currencies like Bitcoin Govt has invited suggestions on its online discussion platform MyGov Use of Bitcoins is increasing in India day by day Should Bitcoin be banned, regulated, or subjected to self-regulation? The government has sought comments on this question from the public for deciding the viability of virtual currencies (VC) ... Read More »

Demonetisation: RBI Seeks Details Of Fake Currency From Banks

Mumbai: To ascertain the amount of counterfeit currency, the Reserve Bank has asked all banks to send details of all fake notes detected during exchange and deposits of defunct old high-value notes post demonetisation. Banks are required to send details of fake currencies in three different dates, the first of which is December 16. The RBI in an advisory issued ... Read More »

Freedom 251 Delivery to Now Begin on July 8, Ringing Bells Seeks Government Help

As consumers wait to see the cheapest smartphone (less than $4) at its scheduled launch in the capital on Thursday, its Noida-based makers have made another pitch for the government’s support to make their loss-making venture “work for millions” who don’t own such a phone. According to Ringing Bells Pvt Ltd CEO Mohit Goel, he initially faced Rs. 930 loss ... Read More »

LeEco India Seeks Exemption From neighborhood Sourcing Norms for Retail shops

chinese language handset maker LeEco has requested the government to relax obligatory sourcing norms for the agency as it looks to ramp up its retail presence within the u . s . a .. LeEco, which entered the Indian marketplace in January this 12 months, had filed an application with the overseas investment advertising Board (FIPB), latest popularity of beginning ... Read More »

DIPP Seeks more information From Xiaomi for release trendy Retail shops

The department today’s business coverage and promotion has sought more facts from the chinese cell tool maker Xiaomi to technique the software for beginning absolutely-owned single-emblem retail stores in India. “The DIPP wants a few more records from the enterprise as there are some gaps of their utility. after you have their reaction, the department will flow forward on that,” ... Read More »

LeEco appears to Open different Retail memories in India, Seeks FIPB Nod

chinese device maker LeEco on Monday stated it has filed an software with the FIPB for opening unmarried-emblem retail stores to promote its electronic products. The cellphone maker stated it has “filed an application with the overseas funding promotion Board (FIPB) for mission unmarried brand retail buying and selling modern day digital merchandise both through brick and mortar stores and ... Read More »

Mi Stores in India: Xiaomi Seeks Exemption From Local Sourcing Norms

Chinese mobile device maker Xiaomi has sought complete exemption from the mandatory 30 percent local sourcing norms for opening single brand retail stores in India. “The company has sought permission from the Department of Industrial Policy and Promotion (DIPP)for opening single brand retail trading (SBRT) in India. They also want exemption from the mandatory local sourcing norms,” sources said. When ... Read More »

Oracle Seeks $9.3 Billion in Damages From Google: Report

Global software and cloud major Oracle has sought $9.3 billion (roughly Rs. 61,873 crores) from search engine giant Google over software copyrights infringement, a media report said. Oracle claims that it should receive $475 million (roughly Rs. 3,160 crores) in damages in addition to $8.8 billion (roughly Rs. 58,546 crores) relating to “profits apportioned to infringed Java copyrights”, Fortune reported, ... Read More »

Kodak Moments App Seeks to Separate Precious Photo Memories

Kodak, a brand once synonymous with photographic memories, is creating an app meant for highlighting special moments such as birthdays. Kodak Alaris, the company behind the new Kodak Moments app, believes its app can separate precious memories from everyday snapshots of lunch and commutes on Facebook and Instagram. People annotate the shots they share with a few paragraphs of text. ... Read More »

First Indian Tax Amnesty Since 1997 Seeks To Boost Compliance: Foreign Media

India’s Finance Minister Arun Jaitley offered residents with undisclosed income a one-time amnesty from prosecution as pressure mounted on Prime Minister Narendra Modi to deliver on his poll promise of unearthing black money. The window for declaring assets will open on June 1 for four months, Jaitley said in his budget speech on Monday. Taxpayers can get immunity from prosecution ... Read More »