Category: Business

RBI’s Proactive Measures to Enhance Financial Stability
Business

RBI’s Proactive Measures to Enhance Financial Stability

Ana Beatriz Castro- April 29, 2024

The Reserve Bank of India (RBI) has taken proactive steps to address potential systemic risks arising from the rapid expansion of consumer credit in India. ... Read More

RBI Directs Bajaj Finance to Halt Loans Under eCOM and Insta EMI Card
Business

RBI Directs Bajaj Finance to Halt Loans Under eCOM and Insta EMI Card

Ana Beatriz Castro- April 29, 2024

The Reserve Bank of India (RBI) has instructed Bajaj Finance to cease the approval and disbursement of loans under its 'eCOM' and 'Insta EMI Card' ... Read More

Raymond Independent Directors Assert Their Position
Business

Raymond Independent Directors Assert Their Position

Ana Beatriz Castro- April 29, 2024

Amidst escalating tensions between Raymond's promoter directors, independent directors of the company have clarified their stance regarding the ongoing matrimonial disputes. In a statement, they ... Read More

Proxy Advisory Firm IiAS Urges Independent Board Members of Raymond to Take Action
Business

Proxy Advisory Firm IiAS Urges Independent Board Members of Raymond to Take Action

Ana Beatriz Castro- April 29, 2024

Gautam Singhania, the charismatic chairman and managing director of Raymond, finds himself embroiled in controversy once again. This time, the company's stock has taken a ... Read More

Private Equity and Venture Capital Firms Reap Rewards from IPO Rush
Business

Private Equity and Venture Capital Firms Reap Rewards from IPO Rush

Ana Beatriz Castro- April 29, 2024

The surge in initial public offerings (IPOs) has resulted in substantial gains for entrepreneurs and investors, particularly private equity (PE) and venture capital (VC) players. ... Read More

Piyush Goyal’s Visit to Tesla Facility
Business

Piyush Goyal’s Visit to Tesla Facility

Ana Beatriz Castro- April 29, 2024

Piyush Goyal, the Union Minister for Commerce and Industry, recently visited Tesla's manufacturing facility in Fremont, California. During his visit, he announced that the US ... Read More

Sam Altman Plans New AI Venture
Business

Sam Altman Plans New AI Venture

Ana Beatriz Castro- April 29, 2024

According to reports, Sam Altman, the former CEO of OpenAI, has informed investors about his intentions to launch a new artificial intelligence (AI) venture. Altman, ... Read More