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Alok Industries has also signed agreements with SBI for working capital facility of Rs 90 crore for meeting working capital requirements.

RITES will be offering its expertise as a project management consultant and shall undertake a comprehensive range of services for developing multi-modal logistics projects in Meghalaya.

Subjecting companies to an annual tax on their value would create an incentive to keep companies private, because the firm#39;s value will be easier to manipulate. A tax on unrealised gains would probably lead to wealthy people keeping most of their wealth in privately owned assets. This reduces transparency and deprives others the chance to invest in growing… Continue reading Constitutional or not, wealth taxes are bad economics on December 7, 2023 at 4:44 am

Shares of IRCON International tanked nearly 8 percent as the government will sell up to 8 percent stake in the engineering and construction company through an offer for sale (OFS) on December 7 and 8.

After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.

Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.

As per an exchange filing dated December 6, SpiceJet told that it will meet on December 11, 2023 to discuss and consider options for raising fresh fund raise

Speaking to Moneycontrol ahead of the release of their new book, Breaking the Mould, Raghuram Rajan and Rohit Lamba voice their concerns over the path Indian economic policy is taking

RBI’s MPC is expected to maintain status quo on key rates with fifth consecutive pause when it shares the outcome of the MPC meeting on December 8. The RBI may continue to defend the wicket given softening crude prices, weakening Indian rupee and easing long term US yields.

Paytm#39;s decision to scale down its low-ticket postpaid lending business comes after the RBI tightened the norms for unsecured consumer lending.