NabFID’s managing director Rajkiran Rai has raised concerns over the RBI’s proposal requiring lenders to set aside 5 per cent for under-construction projects. He pointed out that defaults on such…
Category: Guide
US warns of growing risks of business in Hong Kong
The United States on Friday warned businesses of growing risks operating in Hong Kong, saying that routine activities could run afoul of the financial hub’s new national security regulations. The…
Tax department seeks $101 million in unpaid dues from Byju’s amid bankruptcy woes
Indian tax authorities are chasing $101 million in unpaid dues from Byju’s amid its insolvency proceedings. The edtech giant, once valued at $22 billion, has creditors filing claims totaling over…
Seamless check-in! DigiYatra launched at 9 more airports; check list
The DigiYatra facility, employing facial recognition technology to streamline airport entry and security processes, has been introduced at nine additional Indian airports. Union minister of Civil Aviation K Ram Mohan…
Sensex plunges over 1,000 pts on fears of US eco weakness
Investor concerns over a potential slowdown in US economic growth led to significant losses on Dalal Street, with the sensex dropping by 1,017 points and Nifty by 293 points. Defence…
Adani ties up with Israel company for Rs 84k crore chip plant
The Maharashtra Cabinet sub-committee on industry, chaired by chief minister Eknath Shinde, has approved four high-tech industrial projects with a combined investment of Rs 1.2 lakh crore. These initiatives include…
Tata Sons chairman N Chandrasekaran takes home Rs 135cr in FY24, up 20%
Tata Sons chairman N Chandrasekaran’s compensation rose by 20% to Rs 135 crore in FY24, making him India’s highest-paid professional chief. CFO Saurabh Agrawal earned Rs 30 crore. TCS CEO…
Pluxee moves beyond meal coupons to include wellness, childcare benefits
Pluxee, formerly Sodexo Benefits & Rewards, is expanding its offerings in India beyond meal coupons to include wellness programs, childcare, and ESG vouchers. CEO Aurelien Sonet highlighted the importance of…