The richest man in Asia, Mukesh Ambani who is the head of India’s most valuable company, Reliance Industries Limited said that Jio, the telecom and digital unit of the group will help India to come in the forefront to lead the fourth…
Business - Page 6
Westpac Banking corporation was charged to breach of anti- money laundering and counter terrorism laws. The bank offered to pay 1.3 million Australian dollars which translates to nine hundred and twenty million US dollars. Austrac had filed a civil lawsuit accusing the…
Apple Inc., one of the biggest tech giants in the world, opened its first online store for the Indian consumer base, opening the windows for Indians to shop with them directly. This has also led to the fanning of anticipation of India…
In 2017 the RBI started bankruptcy proceedings against Bhushan Steel for taking loans worth INR 56,000 crore. Before this, from 2012 to 2015, it is seen that the company sent a humongous amount of money to the US regulatory agency, which controls…
Tata consultancy services, which are the Tata groups main possession might find it difficult in the upcoming days to sustain after the Mistry family took the decision of stepping down from Tata Sons. Tata Sons offered a price for 18.4% of the…
Reliance Industries Ltd approached numerous local suppliers in order to enhance their production rates and speed to make around two hundred million smartphones in the next two years. Mukesh Ambani’s next plan is to provide the Indian population smartphones available at lower…
In line with RBI’s one-time relief, the scheme is out there to borrowers who had availed of an equity credit line before March 1, 2020, and was regular in repayments until the Covid-19 lockdown. But the borrowers will demonstrate that their income becomes…
At a time the drug industry is grappling with the coronavirus pandemic, India’s pharmaceutical companies are likely to confront a replacement challenge as China has raised prices of key starting materials (KSMs), which are the building blocks for drugs, by up to…
Anil Ambani, once the sixth richest person on earth with a net worth of 42 billion dollars is now struggling to pay off the neck-deep debts he is immersed in. His legal team has said that his net worth currently is zero…
The Indian Micro, Small and Medium Enterprises are suffering from never-ending financial debts that have made them sick in this time of pandemic. The debts that MSME is being paid continuously is in fact affecting them in a negative way even in…
