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TRUST RETENTION ACCOUNT
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...- Hold senior bureaucrats accountable for lapses: Allahabad High Court to Uttar Pradesh Chief Minister Yogi AdityanathThe Allahabad High Court has called for accountability from senior bureaucrats from Uttar Pradesh. Chief Minister Yogi Adityanath has been ...
- One Of A Kind Startup Awards 2026: Finally, recognition for startups that put customers firstThe One Of A Kind Startup Awards 2026 recognises startups redefining customer experience in India’s digital-first economy. Presented by The...
- Tata Sons IPO: Why former Tata veteran Soonawala is warning against listing the conglomerateA former Tata Sons executive opposes a public listing. He believes an IPO could change the group's structure and social mission. Listing mi...
- RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
- Microdrama apps chase telco bundles as subscription growth lags despite download surgeMicrodrama platforms are partnering with telecom operators to combat market fragmentation and boost subscriptions. With over 20 apps and si...
- Why Sandwizzaa is betting on consistency in a hyper-competitive QSR marketSandwizzaa’s recent growth reflects a disciplined, bootstrapped approach built on strong unit economics, consistent product quality, and hi...
- Banks and fintechs up privacy play with DPDP Act in phased rolloutNon-state lender Yes Bank has constituted a dedicated data privacy office and appointed a data privacy officer. “In line with the DPDPA, we...
- Tier 2 & 3 cities anchor talent retention amid hiring slowdown; muted salary growthIndian tech firms are adapting to a hiring slowdown. Companies are focusing on location, workflow, and learning to keep staff instead of ju...
- Power Finance Corporation files plaint with EOW over 'document fraud'Power Finance Corporation (PFC) has filed a complaint against Gensol Engineering for allegedly falsifying documents related to debt servici...
- Rating firms monitoring MTNL as telco misses escrow transfer for bond paymentsIndia Ratings & Research (Ind-Ra) is closely monitoring the financial situation of state-owned Mahanagar Telecom Nigam Limited (MTNL) after...
- Dish TV India's Q2 net profit plunges 76% to Rs 5.4 croreThe DTH operator claimed that it has made close to a million new customer acquisitions during the quarter. It added that it is close to rev...
- CBI books Mandhana Industries in Rs 975 crore bank fraudThe 39-year-old company controlled by the Mandhana family started availing credit facilities from the Bank of Baroda in 2008, but the accou...
- Future Retail's lenders set to take control of firm's cash flowsWhile lenders are unanimous on this step, differences have emerged among them on a proposed debt restructuring with some private and foreig...
- Stressed power companies told to use cash surplus to pare debtWhile the mechanism will help in better management of cash, power sector companies said the recommendations of the group of ministers have ...
- ‘Let RCom use trust fund to pay Ericsson', NCLAT warns lenders of insolvencyRCom requested that Rs 260 crore of tax refunds held in a trust fund by lenders be released on behalf of the telco to pay Swedish telecom g...
- RCom lenders contend to have first right over IT refundsThe NCLAT was hearing RCom's plea, which has approached the appellate tribunal, seeking waiver over the moratorium placed by it on February...
- Banks likely to reject Essar Steel's demand for working cap loansLenders may say no as they are easing other monetary restrictions imposed on the firm.
- Lenders to Essar Steel and IRP spar over capital control“Lenders have opposed the suggestion from the IRP and decided to seek legal opinion since they were not convinced,” said a banker who did n...
- Essar Steel seeks another Rs 1,000 crore loan to keep itself runningThe interim resolution professional has urged banks to lift ‘tagging’ of its accounts and end the ‘trust and retention’ account practice. B...
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