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Payment News
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Nithin Kamath hails key changes in bonds market by SEBI.
Nithin Kamath calls bonds as a good stepping stone for Indians than stocks and FDs.
SEBI allows to settle bonds less than Rs 1 lakh to be settled via other payment methods than RTGS.
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The amendment bill will be made effective from April 1, 2015. The bill will amend, the Payment of Bonus Act 1965, which is applicable to every factory and other establishment in which 20 or more persons are employed on any day during an accounting year.
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The International Monetary Fund said today that allowing a borrower to delay repayment, as Greece has requested, is generally ineffective in helping a country overcome crisis.
Travelport has entered into an agreement with AirAsia India, for booking tickets along with availing other ancillary services through the travel portal's merchandising platform.
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