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Balance in inoperative accounts

(SUBHASH CHANDRA AGRAWAL) Huge balance is lying in inoperative accounts in banks with even many account-holders having forgotten about their bank-accounts. Reserve Bank of India (RBI) has introduced Know-Your-Customer (KYC) forms which has been made mandatory also for closing such inoperative accounts. Such cumbersome practice not only is causing difficulty ... Read More »

Homestays vs Hotels: Which Is Better?

The lodging scene has seen massive transformations over the recent years. With budget traveling promptly becoming the utmost priority for most travelers who wish to see more of the world for less, homestays are gaining much popularity from carefree backpackers and business travelers alike. Hotel stays at central locations often ... Read More »

Skype for Business Is Out, as Microsoft Goes All In on Teams

Microsoft is ending Skype’s foray into business communications, packaging its communications tools into Microsoft Teams, the company’s challenge to workplace collaboration startup Slack. Skype for Business, the Redmond company’s voice and video-chat software, will be replaced in Microsoft’s Office 365 bundle by Teams, Microsoft said Monday at Ignite, its annual ... Read More »

Toshiba Will Sell Chip Business to Bain Capital Group

Toshiba’s board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but the deal’s future remains unclear as Toshiba’s U.S. joint venture partner Western Digital opposes it. Japanese electronics and nuclear company Toshiba Corp., which needs the sale to survive, said ... Read More »

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