Investors told to put Rs 200 crore intoSpiceJet by year-end

The government has asked troubled SpiceJet's potential investors, led by co-founder Ajay Singh, to put in at least Rs 200 crore into the airline by the year-end. Singh, who had sold his stake to current
Promoter Kalanithi Maran in 2010, is planning to pump in about Rs 1,300 crore along with a couple of global PE funds and re-acquire the airline.

RBI Working to Remove 2-StepSecurity for Small OnlineTransactions

India's central bank currently requires online transactions undergo a two-step
verification process.

Global e-commerce companies such as Uber Technologies Inc had sought to avoid the two-step process by routing online payments through an offshore server.