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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....
Bank

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...
Bank

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...
Business

CBI Initiates Case Against Rolls-Royce, Defence Firm, in Alleged Corruption Investigation

Nidhi Mishra -
The Central Bureau of Investigation (CBI) has filed a case against Rolls-Royce, a renowned defence firm, as part of an alleged corruption investigation. The...
Business

UpGrad Abroad Set to Expand Business, Plans to Hire 500 Freshers in Three Months

Nidhi Mishra -
UpGrad Abroad, a renowned global online higher education platform, has announced its plans to expand its business operations and is set to hire 500...
Bank

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...
Bank

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...
Business

Encouraging Sign: Unemployment Rate Drops to 6.8% in January-March 2023, Reveals NSO Survey

Nidhi Mishra -
The latest survey conducted by the National Statistical Office (NSO) brings positive news for the Indian economy as the unemployment rate witnessed a decline,...
Bank

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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