Category: Business
Musk’s X banned over 1.8 lakh accounts for policy violations in India in April
In total, X banned 185,544 accounts in the reporting period. The microblogging platform, in its monthly report in compliance with the new IT Rules, 2021,[more...]
Virat Kohli, Anushka Sharma to make a killing from Rs 2615 crore Go Digit IPO
MUMBAI: Digital-only non-life insurance player Go Digit General Insurance which is backed by celebrity couple Virat Kohli and Anushka Sharma on Friday fixed the price[more...]
Indian IT companies become more conservative in FY25 growth projections
As the IT sector goes through muted revenue growth, companies have become more conservative in their FY25 projections, baking in anticipated delays in executions and[more...]
PNB Q4 net income zooms 160% to Rs 3,010 crore on massive decline in bad loans
Net interest income increased to Rs 10,363 crore in Q4 from Rs 10,293 crore in Q3 and Rs 9,499 crore in Q4FY23 showing an improvement[more...]
Air Vanuatu cancels flights and considers bankruptcy protection
MELBOURNE, Australia: Air Vanuatu announced Thursday the airline had cancelled international flights for four days and was considering bankruptcy protection for the South Pacific state-owned[more...]
Woes of senior cabin crew hits Air India Express; airline says leadership ready for discussions
Air India Express Employees Union (AIXEU), a registered union, which claims to represent around 300 cabin crew members, mostly seniors, had also alleged that mismanagement[more...]
Rupee settles on flat note at 83.51 against US dollar
MUMBAI: The rupee settled for the day on a flat note at 83.51 (provisional) against the US dollar on Wednesday, as the support from easing[more...]
Infra sector stares at rainy days ahead as RBI tightens infra funding norms
MUMBAI: The sharp increase in the provisioning for financing under-construction infrastructure projects to the tune of 5 percent upfront from the present 0.2 percent as[more...]
India allows export of non-Basmati white rice to Mauritius
NEW DELHI: The central government has permitted exports of 14,000 tonne of non-basmati white rice to Mauritius, an official notification showed. Notably, the export of[more...]
IIFL facing liquidity crunch as banks await RBI audit to get over after gold loan business ban
Since the pandemic it has been growing faster and has doubled the branch strength to over 2,700 and serves 56 lahk customers.The gold loan vertical[more...]