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Bombay Burmah Corporation Sets Aside Rs 1,866 Crore Provisions for Go Air Investment

Nidhi Mishra -
Bombay Burmah Corporation, a diversified conglomerate, has made provisions amounting to Rs 1,866 crore for its investment in Go Air. This decision reflects the...
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Warburg Pincus Acquires Majority Stake in Vistaar Finance for $250 Million

Nidhi Mishra -
Global private equity firm Warburg Pincus has completed the acquisition of a majority stake in Vistaar Finance for a reported sum of $250 million....
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NSE to Shorten Trade Time in Unlisted Market as IPO Launch Approaches

Nidhi Mishra -
The National Stock Exchange (NSE) has announced plans to reduce the time for trades in the unlisted market as it eagerly awaits its own...
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Nifty Bank Hits New Record as Market Indices Surge, Fueling Optimism on the Street

Nidhi Mishra -
In a boost to investor sentiment, the Nifty Bank has reached a new record high, contributing to the overall surge in market indices. The...
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Rajasthan Witnesses Slackening Share of Social Sector in Total Expenditure

Nidhi Mishra -
Rajasthan, a state known for its emphasis on social development and welfare programs, has experienced a slackening share of the social sector in its...
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Reliance Capital Records Narrowed Loss of Rs 1,488 Crore as Expenses Decrease to Rs 5,949 Crore

Nidhi Mishra -
Reliance Capital, the financial services arm of the Reliance Group, has reported a narrowed loss of Rs 1,488 crore for the reporting period. The...
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Finance Ministry Urges Public Sector Banks to Resolve Small Debt Defaults through Haircuts

Nidhi Mishra -
The Finance Ministry of India has urged Public Sector Banks (PSBs) to proactively address small debt defaults by considering haircuts, marking a significant step...
Bank

Air India Attracts 200 Pilots as Go First Seeks to Address Exit Concerns

Nidhi Mishra -
In a significant development within the aviation industry, approximately 200 pilots from Go First have accepted job offers from Air India, as Go First...
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Start-ups Face Tax Scrutiny Over Unexplained Investments During FY19-FY21

Nidhi Mishra -
Several start-ups in India find themselves under the scrutiny of tax authorities as they receive notices regarding unexplained investments made between the financial years...
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Unauthorized Trading Platforms Continue to Operate Undeterred Despite Two RBI Warnings

Nidhi Mishra -
In a troubling revelation, unauthorized trading platforms are thriving despite two previous warnings issued by the Reserve Bank of India (RBI) regarding their fraudulent...
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