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…
Category: Companies
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,…
Anil Agarwal-led Vedanta seeks RBI’s nod for guarantees for $1-billion loan from 3 banks: Report
Anil Agarwal-controlled Vedanta Ltd has asked the Reserve Bank of India to provide guarantees for a $1 billion loan that it intends to raise through one of Vedanta’s overseas subsidiaries,…
Reliance Industries appoints Venkatachari Srikanth as new CFO, Alok Agarwal named Senior Advisor to Mukesh Ambani
Mukesh Ambani-controlled Reliance Industries Limited has appointed Venkatachari Srikanth as its new Chief Financial Officer (CFO) from 1 June, 2023. In a regulatory filing on Friday, Reliance Industry said the…
Vedanta cuts $91 million from govt’s profit in protest against windfall tax
Mining mogul Anil Agarwal led Vedanta Ltd has deducted approximately $91 million from the share of profit owed to the government from its oil and gas fields in protest against…