The finance ministry has proposed exempting gold loans up to Rs 2 lakh from the RBI’s draft gold lending norms. If the central bank agrees, as many as 70% of the borrowers…
Category: BUSINESS
Blusmart Mobility and Gensol Engineering issued notices by NCLT after three new insolvency pleas – Industry News
Solar manufacturer Gensol Engineering and electric vehicle ride-hailing service BluSmart Mobility were issued notices by the National Company Law Tribunal (NCLT) on Tuesday over three new insolvency claims by financial creditors Spectrum…
ITC stake strategic, not financial investment: BAT – Industry News
British American Tobacco (BAT) views its investment in ITC as a strategic one, chief executive Tadeu Marroca said in an investor call on Tuesday, days after paring its 25.4% stake in the…
‘I am done chasing the American dream,’ Indian NRI rants on how he wants to immediately move out of the US – Investing Abroad News
After nearly a decade in the United States, one immigrant professional is contemplating a life-altering decision, leaving the country for good. Arriving on an F-1 student visa nearly nine years ago, the…
Aakash moves NCLT to implead EY, alleges conflict in Byju’s petition – Industry News
In an impleadment application filed before the National Company Law Tribunal (NCLT), Bengaluru, on June 1, Aakash Educational Services Ltd (AESL) has requested the tribunal to either dismiss the company petition filed…
AC companies look at inventory correction – Industry News
Unseasonal rains have dampened the country’s early summer demand for air conditioners this year and companies are now taking measures to adjust their production to avoid inventory pile-up. The year started on…
‘Haven’t received a single Interview yet,’ IT fresher struggles to get placed in the US, Internet showers with major tips – Investing Abroad News
In early 2025, more than 50,000 tech jobs have vanished globally, as companies tighten budgets, adopt artificial intelligence at scale, and scale down operations. Major firms like Microsoft, Meta, CrowdStrike, and Block…
Morgan Stanley sees leading q-commerce players co-exist – Industry News
While the competition in quick commerce is likely to remain high in near term, Morgan Stanley has said in a report that there is a room for three players to co-exist in…
IRCTC to get into payment aggregator biz, RBI nod likely in 3 months – Railways News
Indian Railways‘ ticketing and hospitality arm IRCTC is likely to receive in-principle approval from the Reserve Bank of India (RBI) in two to three months to provide payment aggregation services. The state-run…