Jio veteran Sanjay Mashruwala quits, CFO News, ETCFO
Reliance Jio’s managing director Sanjay Mashruwala has tendered his resignation from his position in the company effective June 9.Mashruwala, aged 76, was one of the key leaders who has served…
NARCL raises ₹670 cr in fresh equity from existing shareholders, ETCFO
The government-promoted National Asset Reconstruction Company (NARCL) raised ₹670 crore equity from existing shareholders and is in the process of raising ₹3,200 crore debt, people aware of the development told…
Private sector activity rises to highest level in nearly 14 years, ETCFO
Strong demand push to new business intakes and output, pushed India’s private sector activity to its highest level in fourteen years, providing a good start to the new year, according…
Investor group accuses Byju’s of violating NCLT order, ETCFO
A group of investors in Byju’s on Tuesday claimed in the National Company Law Tribunal (NCLT) that the edtech firm violated the NCLT’s order preventing it from utilising proceeds from…
Heatwaves, geopolitical tensions may stoke inflation, CFO News, ETCFO
: Extreme weather events may pose a risk to inflation along with prolonged geopolitical tensions that could keep crude oil prices volatile, RBI's state of the economy report said on…
RBI economists cautious as inflation risks linger, CFO News, ETCFO
A blistering summer and complex geopolitics pose near-term risks to prices and, in turn, to India’s consumer inflation gauge that has, however, come off its peak amid the average economic…
PayU gets Payment Aggregator licence from RBI; company to onboard new merchants soon, ETCFO
PayU, one of the leading digital payment service providers in India, has received the Payment Aggregator (PA) licence from the Reserve Bank of India (RBI), sources told ETBFSI. "We would…
Fractional ownership platforms start registering under new SEBI regulations, ETCFO
Fractional ownership platforms have started the process of registering under SM REIT regulations, a month after Securities and Exchange Board of India (SEBI) notified these rules to govern small and…
Finance Minister says working to empower rural women with technology, ETCFO
The Narendra Modi government was committed to its mission of empowering rural women, not only through loans and subsidies, but also by equipping them with new technologies to boost their…
CCI clears International Finance Corp’s acquisition of debentures in Napino, ETCFO
Fair trade regulator CCI on Tuesday said it has approved the proposed subscription to compulsory convertible debentures of Napino Auto and Electronics Ltd by International Finance Corporation. International Finance Corporation…