Roaming charges to be abolished from 2013
Telecom minister Kapil Sibal on September 24, 2012 announced that the mobile phone users will not have to pay roaming charges when travelling within India from the year 2013. But the telecom companies say that the abolition of the charges…
ICICI Bank increases ATM cash withdrawal fees for International transactions
The customers of the ICICI bank will have to pay more while withdrawing cash from international locations. All the ATM cash withdrawals at the international locations will be costlier by 17 percent by the middle of this month. ICICI Bank…
Mutual funds to be purchased from mobile phones
After the introduction of mobile banking, now there are also other tasks which can be done through the mobile phone like trading stocks, commodities, currencies and so on. Now the mobile phone users can also invest in the mutual funds…
Birla Sun Life Mutual Fund hopes to get good response from savings scheme
Finance company Birla Sun Life Mutual Fund has hopes that it would receive good response to its recurring savings plan from the retail investors. The company hopes to get a good response on the back of the volatility in the…
5 steps for income tax e-filing for income above 10 lakh
E-filing of income tax was introduced a few years back. But only a few tax payers were using it successfully. But this year filing of income tax has become mandatory for the individuals who earn more than Rs. 10 lakh…
Online income tax filing website crashes due to overload
As the last date for the filing of income tax returns fast approaches on July 30, 2012, the IT department as well as the assesses are facing problems with online data entry. All those who earn more than ten lakh…
Shriram Transport Finance aims at rural India
Used vehicle financer, Shriram Transport Financer will now make the most of the Rural India. The company has seen demand for the financing of the financial companies from the villages with a population of more than 10,000 instead of tier…
RBI says mobile banking failed to take off in India
H R Khan, the deputy governor of The Reserve Bank Of India recently hinted that the mobile banking in India has failed to take off in India. Due to this the banks and mobile companies have been told to work…
Online health plan iHealth launched for youngsters by Religare Life Insurance
AEGON Religare Life Insurance (ARLI) has on July 24, 2012 launched an online health plan iHealth. The new plan is targeted at the new age customer who prefers a direct and convenient process while buying any financial product. Rajiv Jamkhedekar,…
IDBI Mutual fund launches gold fund for investment
IDBI Mutual fund, the popular asset management company on July 24, launched a gold fund targeted mainly at the retail investors. The new gold fund has also been announced for the people without demat accounts. The scheme will be opened…