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Cracker of a battle: Vijay wants Sivakasi to take on China and become a global fireworks powerhouse. Here's what it'll takeTamil Nadu's government aims to transform Sivakasi, India's firecracker hub, into a global competitor against China. The focus is now on in...- Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
- Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
- Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...
- Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
- Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
- Jab Anand Mahindra met a young MBA: M&M Chairman recalls first encounter with Padma Bhushan Uday KotakIndustrialist Anand Mahindra reminisced about his first meeting with Uday Kotak, a young MBA graduate who pitched a bill discounting idea t...
- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- TVS Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance BankJana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Gr...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West BengalThe Reserve Bank of India has cancelled the registration of 150 Non-Banking Financial Companies. The highest number of affected firms are r...
- Digital banking platform Freo acquires credit marketplace IndiaLendsBengaluru-based digital banking platform Freo has acquired credit marketplace IndiaLends, which will continue to operate as a separate enti...
- Zee Entertainment sues Nykaa for using its songs in Instagram reels without licenceZee Entertainment has sued Nykaa's parent company, FSN E-Commerce Ventures, for using its songs in Instagram promotions without permission....
- Gift City turns growth lever for cross-border digital payment firmsCross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cate...
- Indian April gold imports fall to near 30-year low as tax demand hits shipmentsIndia’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...
- AU Small Finance Bank files final application for universal banking licence: Vivek TripathiAU Small Finance Bank has submitted its final application for a universal banking license. This follows the Reserve Bank of India relaxing ...
- AU Small Finance Bank files for final universal bank licenceAU Small Finance Bank has submitted its final application for a universal banking license after the RBI relaxed the non-operative holding c...
- MobiKwik shares jump 12% after RBI nod for NBFC licence to launch lending armShares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India's approval for an NBFC licence, enabling it t...
- Mobikwik gets central bank nod for non-banking financial company licenceFintech firm One MobiKwik Systems has secured approval from the Reserve Bank of India for a non-banking financial company (NBFC) license. T...
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