Reliance Industries Becomes 1st Indian Company to Reach Rs 19-trillion m-cap

Reliance Industries Becomes 1st Indian Company to Reach Rs 19-trillion m-cap

Mukesh Ambani-led Reliance Industries Ltd's (RIL) became the first Indian listed company to touch the Rs 19-trillion market capitalisation-mark after its shares scaled a record high. The stock hit a new high of Rs 2,827.10, up 2 per cent on...

IMF cuts India's FY23 GDP growth forecast to 8.2 percent

IMF cuts India's FY23 GDP growth forecast to 8.2 percent

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has slashed its forecast for India’s FY23 gross domestic product growth to 8.2 per cent from 9 per cent, stating that higher commodity prices will weigh on...

Unpacking the 9 Must-Haves of Knowledge Management Software for Business

Unpacking the 9 Must-Haves of Knowledge Management Software for Business

Knowledge management software is increasingly becoming a necessity owing to a market that is constantly evolving. For most businesses, the amount of data gathered keeps growing each year. While this data should enable you to enhance customer...

USOF considering a scheme to fund wireline internet connections for rural homes

USOF considering a scheme to fund wireline internet connections for rural homes

The government is mulling a scheme to provide the funding support to telecom companies for taking wireline internet connections to rural households, a senior official said on Tuesday. While speaking at a Broadband India Forum event and Universal...

How Businesses Can Avoid Bankruptcy?

How Businesses Can Avoid Bankruptcy?

Managing a business can be a terrifying and potentially unrestrained journey. Eager to generate impressive profits, maintaining the financial health of the organization is extremely crucial for an entrepreneur. Leveraging between the...

LIC IPO set to open on May 4 and close on May 9

LIC IPO set to open on May 4 and close on May 9

The country’s largest initial public offering (IPO) of Life Insurance Corporation (LIC) is set to be opened on May 4 and will close on May 9. The anchor book is slated to open on May 2 but the issue will open for retail investors two days...

Union Bank Introduces Automated Solution to Keep an Eye on Stressed Loans

Union Bank Introduces Automated Solution to Keep an Eye on Stressed Loans

Union Bank of India expects to speed up the recovery of bad loans using a first-of-its-kind stressed asset recovery automated solution (SARAS) that will help enforce securities, track recoveries and enhance monitoring of stressed assets. Chief...

India’s Sprng Energy nears 1.8-billion-dollar sale deal with Shell Plc

India’s Sprng Energy nears 1.8-billion-dollar sale deal with Shell Plc

Sprng Energy Pvt is nearing a deal for Shell Plc in order to acquire the Indian renewable power producer for about $1.8 billion including debt, people with knowledge of the matter said. An agreement between Sprng’s private equity owner...

DoT plan for foreign companies, Easing investment and spectrum bid norms

DoT plan for foreign companies, Easing investment and spectrum bid norms

The next set of reforms for telecom sector, set to be announced before the quarter ends in June and it is likely to further ease the norm on allowing foreign companies to start telecom services in India. This will be over and above the 100 per...

Bitcoin Explained (2022)

Bitcoin Explained (2022)

The most popular cryptocurrency in the world, Bitcoin, is still the market leader. It has a huge market cap and is considered the oldest cryptocurrency. It also has a huge market cap and is expected to continue growing in value in the future. The...

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