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Business

Ex-Sebi Chief Madhabi Puri Buch Challenges 1994 Case FIR in Bombay High Court

Former Sebi chairperson Madhabi Puri Buch and others have approached the Bombay High Court to challenge a special court order directing the ACB to register an FIR against them in a...

Business

7 Railway PSUs Achieve Navratna Status, Including IRCTC and IRFC: A New Era of Operational Flexibility

The Centre has granted Navratna status to IRCTC and IRFC, bringing the total to seven railway PSUs with this prestigious tag. This move enhances their operational flexibility and f...

Business

Poonawalla Fincorp Revolutionizes Lending with 15-Minute Unsecured Loans

Poonawalla Fincorp introduces a groundbreaking 15-minute unsecured loan service, targeting premium borrowers with loans up to Rs 15 lakh. Spearheaded by CEO Arvind Kapil, this init...

Business

Government Criticizes Railways and Other Departments for Failing to Meet Asset Monetization Targets

The government has criticized several departments, including railways and tourism, for failing to meet asset monetization targets. With ambitious goals set for the future, the focu...

Business

Ola Electric Announces Major Layoffs Amid Rising Financial Losses

Ola Electric is undergoing significant restructuring, leading to over 1,000 job cuts as it faces widening losses and market challenges. The company aims to automate processes and i...

Business

Empowering Women: A Threefold Surge in Female Borrowers Over Five Years

Between 2019 and 2024, women seeking credit grew three times, with 60% from semi-urban or rural areas. Women's share in business loans increased by 14%, and in gold loans by 6%. De...

Business

Major Battery Companies Adjust Timelines for PLI Scheme: A Closer Look

Reliance New Energy Battery and ACC Energy Storage have revised their timelines for the PLI scheme, aiming to start operations within six months. Ola Cell Technology plans to comme...

Business

Indian Banks Show Resilience: Fitch Ratings Highlights Robust Performance and Loan Quality Improvement

Fitch Ratings commends Indian banks for their strong performance and efforts in improving loan quality and diversification, leading to a decrease in bad loan formation.