Rajya Sabha passes two bills aimed at helping depositors and startups
Amid uproar by opposition parties, Rajya Sabha on Wednesday cleared two key Bills aimed at making the credit guarantee facility for bank depositors more efficient...
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How changes in NACH will affect cheque payments
The new directions of Reserve Bank of India (RBI) to make the facility of bulk clearing round the clock has brought in some changes to...
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RBI extends current account rules implementation deadline to October 31
The Reserve Bank of India (RBI) has allowed time to banks till October 31 to implement changes in terms of managing current accounts, following reports...
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Adi Godrej to step down from GCPL board next month
Packaged consumer goods company Godrej Consumer Products Ltd (GCPL) on Wednesday announced that Godrej Group chairman Adi Godrej will step down from the board of...
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From Google to Apple, how ‘return-to-office’ plans are shifting with Covid surge
A resurgence in Covid-19 cases has spurred US employers to backtrack on return-to-office plans and institute vaccination requirements for on-site workers. Here’s what major companies...
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BharatPe raises $370 mn to become a unicorn
Merchant payments and financial services provider BharatPe has raised $370 million in a funding round led by Tiger Global Management. Dragoneer Investor Group and Steadfast...
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ED arrests Avantha Group’s Gautam Thapar in money laundering case
The Enforcement Directorate has arrested businessman and Avantha Group of companies promoter Gautam Thapar in connection with a money laundering case, officials said on Wednesday....
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Covid-19 and its economic toll on women
Most employed women in India are in low-skilled work, such as farm and factory labour and domestic help, sectors that have been hit hard by...
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Nykaa files DRHP for its IPO
The DRHP stated that existing shareholders could sell as many as 43.1 million shares. The company is seeking a valuation of more than $4 billion....
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Ola Electric scooters to be launched on August 15
Ola Electric scooters will launch on August 15, said founder Bhavish Aggarwal. He said that the full specifications and details will be released soon. “Thanks...