Banks Call on RBI to Ease New Regulations Amid $30 Billion Deleveraging Threat
Lenders in India are calling on the central bank to ease the stricter regulations on foreign-exchange transactions, which have surged to at…
TVS Holdings pours ₹526.8 crore into Home Credit India, increasing its ownership to 80.39%
TVS Holdings Ltd announced on Sunday, March 29, that it has invested ₹526.79 crore in its subsidiary Home Credit India Finance Pvt Ltd…
Nestlé reports that 12 tons of KitKat bars were taken during transport from Italy to Poland.
Swiss food giant Nestlé reports that approximately 12 tons, equivalent to 413,793 candy bars, of its KitKat chocolate brand were taken after…
Vijaypat Singhania, former chairman of Raymond Group, has died.
Air Commodore (Dr.) Vijaypat Singhania, a Padma Bhushan awardee and former Chairman of the Raymond Group, passed away peacefully in Mumbai on…
India supports WTO fisheries subsidy proposal aimed at protecting small-scale fishermen.
India has endorsed the ministerial draft regarding fisheries subsidies at the World Trade Organization. This initiative aims to reduce…
Info Edge invests ₹250 crore in deep-tech AIF; divests from Shopkirana through share-swap agreement with TIPL.
Info Edge (India) Ltd plans to invest up to ₹250 crore in an alternative investment fund (AIF) aimed at supporting early-stage deep-tech…
Credit guarantee initiative could boost MFI lending: Alok Misra of MFIN
Alok Misra, CEO of the Microfinance Institutions Network (MFIN), stated that the microfinance sector could experience a significant resurgence…
KPMG intends to reduce its workforce by hundreds in the auditing department.
KPMG UK is set to reduce its audit workforce by nearly 600 positions, with up to 440 roles anticipated to be eliminated due to low attrition…
India eases regulations for select state-owned companies to source essential equipment from China.
India has permitted certain state-owned enterprises, including Bharat Heavy Electricals and Steel Authority of India, to acquire essential…
