Briefly Business: RBI setting up new system to monitor export data flaws

RBI setting up new system to monitor export data flaws

New Delhi: Concerned by the mismatch in the export values declared by exporters and those registered by banks providing them forex services, the Reserve Bank of India is planning to set up an automated and unified data processing and monitoring system for all exports from the country.

CCI to probe Prasar Bharati complaint

NEW DELHI: Competition Commission of India (CCI) has decided to investigate alleged unfair practices in tracking of television audience count, following a complaint filed by public broadcaster Prasar Bharati against Television Audience Management (TAM).

Vodafone seeks allotment of spectrum

New Delhi: Alleging delay in allocation of spectrum, Vodafone India has asked government to "immediately allot spectrum" for 14 circles secured in the November 2012 auction for which it has already made required payments.

UBI seeks permission for Shanghai branch

BEIJING: Union Bank of India (UBI) has applied for permission to Chinese government to upgrade its representative office in Shanghai to a full-fledged branch, an official source said.

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