Fire ravages three floors on a highrise in central Kolkata

A major mishap was averted when a blaze in Jeevan Sudha building, a Chowringhee highrise barely 200metres from Chatterjee International Centre, completely gutted the top three floors of the buildings as the flames and smoke travelled to other floors through the AC duct. Ninety three people had died in a similar fire in AMRI Hospitals in 2012 when smoke had travelled from the basement to the entire […]

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Expert Take: Telling fibs again, Axis Bank?

Axis Bank Ltd. has been caught lying again.  On Tuesday evening, the Indian lender reported that the central bank wasn't happy with its classification of nine large corporate accounts as standard assets. As a result, the non-state-owned bank, the country's sixth-largest by market value, has decided to rebrand the entire $750 million as nonperforming. It's the second time this year […]

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Samsung partners Kotak Mahindra Bank for Pay service

Samsung India has partnered with Kotak Mahindra Bank to expand its Samsung Pay platform for the latter's Visa Credit and Debit Cardholders. With this, Kotak customers can now tap and pay using their Samsung smartphones at merchant outlets having card acceptance machines. In addition to Kotak’s other digital payment solutions including UPI, Bharat QR Code, and One Time Fund Transfer […]

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