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Showing posts from May, 2018

Is Your Salary Credited At Month-End? 2-Day Bank Strike From Today

The 2-day bank strike could impact withdrawal and cash deposit in the branches of public sector banks. UFBU has notified 48-hour-kong strike starting at 6:00 am on May 30 SBI has warned that strike could impact operations Bank employee unions against 2% wage hike offered by IBA Banking operations could be hit as nearly 10 lakh employees of state-run banks go on a two-day strike starting today, to press for wage hikes. 21 public sector banks control 75 per cent of the total business in the country. Withdrawal and cash deposit in the branches of public sector banks would be affected. The  month-end strike  comes at a time when many employers process the salaries of staff. However, the functioning of private banks like ICICI, HDFC Bank, Axis and Kotak Mahindra is expected to be normal except for delays in cheque clearances. Some banks have already warned of the strike impacting their banking operations. SBI , the country's largest bank, in a statement to exchanges on M

Baba Ramdev’s Patanjali Launches Co-branded SIM Cards With BSNL

    Image Courtesy: ANI The astronomic rise of Baba Ramdev continues unabated. After becoming one of the best-selling brands in a sector dominated by global and national heavyweights HUL, P&G and ITC, the yoga guru’s Patanjali was recently ranked as one of the most trusted FMCG brands in the TRA’s Brand Trust Report 2018. Now, the company has launched the Swadeshi Samriddhi  SIM cards in partnership with state-owned telecom giant, Bharat Sanchar Nigam Limited (BSNL). As part of a collaboration between the two companies, Ramdev’s Patanjali Yogpeeth and BSNL issued co-branded SIM cards to the employees of the former on Sunday. According to ANI, users will need to recharge with Rs. 144 to get 2GB of data, 100 SMSes and unlimited national calls every day, although, the validity period of the recharge voucher isn’t entirely clear. Users are also said to get medical and life-insurances covers of Rs 2.5 lakh and Rs 5 lakh, respectively, although, claims can only be made in c