The US’s H-1B visa programme is facing its strongest political pushback yet since it was launched well over three decades ago. Since January, at least a dozen Republican lawmakers have…
Category: Companies
From Singapore to Mumbai, the trail of Rajesh Exports’ elusive financial statements
Bengaluru-based Rajesh Exports Ltd (REL) and its crucial Singapore subsidiary gave contradictory statements to regulators in the two countries, a Mint review of documents showed, blurring the actual finances of…
China says illegal outbound investment crackdown wont lead to forced liquidation
June 8 – China’s crackdown on “illegal” cross-border investment won’t lead to mainlanders’ offshore accounts being closed and assets liquidated forcibly, the securities regulator said, amid investor concerns over the…
A little bit slow off the gate in quick commerce, says Amazon India head as company ramps up quick commerce push
BENGALURU: For years, Amazon set the pace for faster delivery in Indian e-commerce. Then quick commerce reset expectations altogether, compressing delivery windows from days to minutes. “Were we slow off…
Hong Kong’s Private Wealth Bankers Should Be Anxious
(Bloomberg Opinion) — Shortly after Hong Kong narrowly overtook Switzerland as the world’s largest offshore wealth management hub, the sustainability of this business is already being called into question. The seismic…
Anant Ambani’s appointment as whole-time executive director of Reliance secures 94.4% shareholder approval
Anant M. Ambani’s appointment as a whole-time executive director of Reliance Industries Ltd. received strong backing from shareholders, securing 94.4% approval, the company announced on Sunday. He is the youngest…
Rajesh Exports may be removed from PLI scheme by Heavy Industries Ministry
The Ministry of Heavy Industries (MHI) is expected to decide shortly whether to remove from the beneficiary list of its production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery…
Rajesh Exports order puts auditors, audit committee under the scanner
The Securities and Exchange Board of India’s (SEBI) interim order against Rajesh Exports has put the company’s statutory auditors, audit committee and board under the scanner, raising questions on the…
Incuspaze acquires iKeva in 100% buyout, adds ₹100 crore revenue boost
Coworking firm Incuspaze has acquired Hyderabad-based iKeva, a workspace operator with a strong presence in Hyderabad and Bengaluru, through a 100 per cent buyout transaction. The integration is expected to…
Air France-KLM CEO signals openness to joint bid with Castlelake for Easyjet
Air France-KLM Chief Executive Officer Ben Smith has indicated a willingness to explore a potential involvement in a takeover bid for EasyJet Plc, stating he would entertain a proposal from…