S&P Global Ratings on Monday kept its forecast for India’s economic growth unchanged at 6 per cent in the fiscal year starting April 1, before rising to 6.9 per cent…
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RBI likely to hike 25 basis point interest rate in monetary policy meet, say experts
With retail inflation remaining above the comfort level of 6 per cent and most global peers including the US Fed continuing their hawkish stance, the Reserve Bank of India too…
Reliance Capital resolution: Bidders upset over another auction plan
The plan of debt-ridden Reliance Capital’s lenders to conduct a second round of auction has hit a roadblock, as bidders are apparently not inclined to another round under the insolvency…
RBI allows Paytm Payments to continue online Payment Aggregator business as it awaits govt approval
Paytm Payments Services Limited (PPSL) has received an extension of time from the Reserve Bank of India (RBI) to resubmit its application for a Payment Aggregator (PA) license. The extension…
Adani-Hindenburg crisis: ‘Government hasn’t intervened in this matter,’ says Sanjeev Sanyal
The Indian government has not engaged itself in the Adani Group’s dispute with a US short seller Hindenburg Research, which has triggered a massive rout in the company’s shares, said…
Indian startups reportedly laid off over 23,000 employees amid pandemic and economic uncertainty
As the global economic recession continues to worsen, many Indian startups are feeling the impact, resulting in a significant increase in the number of layoffs. Recent reports indicate that at…
‘America’s 3rd Enron moment’: Adani Group CFO trolls former US Treasury Secretary on banking turmoil
Adani Group CFO Jugeshinder ‘Robbie’ Singh on Saturday took a jibe at former US Treasury Secretary Larry Summers over the current banking turmoil in America and called it the country’s…
Ajay Piramal and Dr Swati Piramal meet Draupadi Murmu; Discussed initiatives taken by Piramal Foundation
On 24th March, Ajay Piramal, Chairman of Piramal Group, and Dr Swati Piramal, Vice Chairperson of Piramal Group, met the Honourable President of India, Draupadi Murmu, at the Rashtrapati Bhavan,…
Intel co-founder Gordon Moore dies at 94
Intel co-founder Gordon E. Moore, who revolutionised the manufacture of semiconductor chips and transformed computing, died on March 24. Intel and the Gordon and Betty Moore Foundation announced the passing…
Intel co-founder Gordon Moore, prophet of the rise of the PC, dies at 94
Intel Corp co-founder Gordon Moore, a pioneer in the semiconductor industry whose “Moore’s Law” predicted a steady rise in computing power for decades, died Friday at the age of 94,…