The U.S. Justice Department is close to dropping criminal fraud charges against Gautam Adani, an Indian billionaire, two sources familiar with the matter told Reuters. Adani on Thursday also resolved…
Author: Admin
Indriya bets on gold exchange programme as PM Modi urges Indians to skip new gold purchases
Indriya, the jewellery brand under the , on Friday launched a gold exchange programme allowing customers to swap existing jewellery for newly crafted pieces, a direct business response to Prime…
Gold falls 2% as stronger dollar and rising Treasury yields weigh on prices
Gold dropped 2% on Friday as surging Treasury yields and a stronger U.S. dollar dulled its appeal, with higher oil prices and persistent tensions in the Middle East reinforcing expectations…
Kotak Alts invests ₹750 crore in Lloyds Metals & Energy
Kotak Alternate Asset Managers has invested ₹750 crore in the non-convertible debentures of Lloyds Metals & Energy, a listed integrated mining and metals company in India. LMEL has operations spanning…
Tata Cliq leans on premium brands to stand out in e-commerce race
Tata Cliq, the flagship e-commerce platform of Tata Group, is focusing on premium brands, luxury shopping, and franchising marquee international brands in India as the size and scope of the…
Vertex Ventures eyes semiconductors, robotics and batteries in deeptech pivot
Vertex Ventures Southeast Asia and India is actively scouting for hardware and deeptech investments, with a sharp focus on semiconductors, robotics, and battery technology, according to a top executive at…
Supreme Court gives Flipkart eight weeks to clear MarQ inventory in trademark dispute
MUMBAI: The Supreme Court on Friday granted e-commerce major Flipkart eight weeks to clear its inventory of MarQ-branded electronic items, while refusing to interfere with earlier orders passed by lower…
Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26
Mumbai: Loan write-offs by declined to multi-year lows in the fiscal year 2025-26 on the back of lower slippages and better recoveries. As per an analysis of bank earnings by…
EPFO plans auto-settlement for final PF withdrawals. How will it benefit its 7 crore members?
The Employees’ Provident Fund Organisation (EPFO) is set to introduce auto-settlements for final PF withdrawals to reduce delay and discrepancies, and eliminate avoidable paperwork. The auto-settlement facility is expected to…
UPI’s per-day and per-transaction limit set at ₹2 lakh in Europe. What it means for users
To expand the reach of UPI Global Acceptance, the National Payments Corporation of India (NPCI) recently revised the limits and the list of countries enabled for the facility. The per-transaction…