5 min read Last Updated : Aug 04 2024 | 7:21 PM IST The Hinduja group has not deposited funds to acquire Reliance Capital (RCap) in the designated accounts of the lenders despite making the highest offer, which is a “contempt of the court”, the administrator of the debt-ridden firm informed the National Company … Read more
The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at same level. | Photo: Reuters 4 min read Last Updated : Aug 04 2024 | 3:24 PM IST Reserve Bank of India (RBI) is likely to keep the key interest … Read more
Competitor Diageo’s YouTube ad for its Black & White ginger ale, which has drawn 60 million views, features the signature black-and-white terriers from its scotch of the same name | Photo: Shutterstock India, which bans direct advertising of liquor, is set to announce sweeping rules that will bar even surrogate ads and sponsoring of … Read more
The high court told the Delhi government counsel that if the administrators are carrying on with a freebie culture, they would not know how to change the structure. (Photo: PTI) 5 min read Last Updated : Aug 02 2024 | 8:29 PM IST The Delhi High Court on Friday transferred the probe into the … Read more
New Delhi: A view of the Supreme Court (SC) of India, in New Delhi, Friday, July 12, 2024. SC on Friday granted interim bail to Kejriwal in a money laundering case linked to the alleged excise policy scam. (Photo: PTI) 4 min read Last Updated : Aug 02 2024 | 11:41 PM IST The … Read more
4 min read Last Updated : Aug 02 2024 | 11:41 PM IST As America’s attention turns to November’s presidential election between Kamala Harris and Donald Trump, the prosecutions of the former president have been all but forgotten. But Democrats hope that Ms Harris’s previous role as a district attorney may help jog memories … Read more
Byju Raveendran, the eponymous founder of education technology startup Byju’s, is back in control of the company. The insolvency resolution process against Byju’s parent company Think and Learn has been halted as the National Company Law Appellate Tribunal (NCLAT) on Friday accepted the settlement reached between Byju Raveendran and the Board of Control … Read more
5 min read Last Updated : Aug 02 2024 | 4:29 PM IST E-commerce firm Meesho said it has appointed four independent directors to its board: Kalpana Morparia, Hari S. Bhartia, Surojit Chatterjee and Rohit Bhagat. The SoftBank-backed firm said that these new appointments would support Meesho’s commitment to fostering a culture of … Read more
6 min read Last Updated : Aug 02 2024 | 2:41 PM IST The HP EliteBook Ultra G1q is an enterprise-oriented laptop focusing on artificial intelligence (AI) features, performance, design, and battery life. It is among the first wave of AI laptops in India powered by the Qualcomm Snapdragon X Elite chip. This Windows … Read more
Intel said it would cut more than 15 per cent of its workforce. Photo: Bloomberg 5 min read Last Updated : Aug 02 2024 | 12:05 PM IST Intel said on Thursday it would cut more than 15 per cent of its workforce, some 17,500 people, and suspend its dividend starting in the fourth … Read more