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…
Business - Page 4
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…
Ever since Globalization, there has been a product explosion in India. It took us one pandemic with the only supply of essentials to realize how much we took all the products that we had delivered at our doorstep, for granted. There is…
Apple Inc. is all geared up to set in motion its own personalized online store to sell various Apple products. The website is all set to hit the world wide web in India on September 23, 2020. The festive season just has…
