MCA broadens definition of small firm & increases turnover and borrowing limitations

The MCA (Ministry of Corporate Affairs) has broadened the definition of small and medium-sized enterprises (SME),…

According to NCAER, Indian economy would increase by 8.4-10.1% this financial year

According to NCAER, the Indian economy would increase 8.4-10.1 percent this fiscal year, compared to 7.3…

Bank of England maintains UK interest rates at a record low of 0.1%

On Thursday, the Bank of England maintained its main interest rate at a historic low of…

The RBI has extended the directives enforced on PMC Bank till December 31

The Reserve Bank of India (RBI) announced on June 25 that it has prolonged the already…

Panasonic sold its whole stake in Tesla for $3.6 billion in order to obtain funds

Panasonic has sold its whole stake in electric vehicle (EV) manufacturer Tesla for about $3.6 billion.…

Policybazaar expands into insurance brokerage, adds 15 retail stores

Policybazaar, a leading web aggregator, said that it has begun its insurance broking adventure with 15…

Cryptocurrency firms compete for top personnel with hundreds of job openings

As a flurry of interest in digital currencies and other assets pits them against some of…

Yes Bank buys 47.83 lakh shares of Business India Publications

Yes Bank Limited, upon loan extinguishment, acquired 47.83 lakh equity shares of Business India Publications Ltd,…

IT services giant Wipro raises $750 million with an overseas bond issue

Wipro, the IT services behemoth, said on Thursday that its step-down subsidiary, Wipro IT Services, has…

WINDO raises $500,000 in a seed round headed by Unicorn India Ventures

Unicorn India Ventures led a $500,000 seed round for Bengaluru-based Instagram/social commerce powering tech firm WINDO.…