Discover the incredible journey of Joy Alukkas, a school dropout who went on to become India's richest jeweler with a net worth of $4.4 billion, as per Forbes. Learn about the history of Joyalukkas Group, its impressive growth, and its plans for expansion.
Read More »“India Clarifies: No Licensing Requirement for Laptop Imports, Only Monitoring in Place”
The Indian government has stated that there will be no licensing requirement for the import of laptops and computers. Instead, they will focus on monitoring inbound shipments, citing the need for a close watch on these imports.
Read More »“Adani Group Faces Ministry of Corporate Affairs Probe Over Mumbai Airport Finances Amid Ongoing Scrutiny”
India's Ministry of Corporate Affairs is investigating the financial statements of Adani Group's airports in Mumbai for the years 2017-22, adding to the conglomerate's ongoing challenges, including allegations of offshore tax havens and stock manipulation.
Read More »RBI Levies Penalties on Union Bank of India and RBL Bank for Regulatory Violations
The Reserve Bank of India (RBI) has penalized Union Bank of India with a Rs 1 crore fine and RBL Bank with a Rs 64 lakh fine for non-compliance with regulatory directions and violations, respectively. The penalties were issued after a thorough review of the banks' responses and oral submissions made during the personal hearing.
Read More »“FM Sitharaman Expresses Concerns Over Fuel Security Amid Middle-East Crisis”
Fuel concerns affecting food security aspects and impact on inflation, fragmentation of supply chains were the three major worries in the near future, Sitharaman said during G20 Presidency briefing at Marrakech, Morocco.
Read More »“Mukesh Ambani Reclaims Top Spot on Forbes India Rich List as Adani Slips, Inder Jaisinghani Makes Striking Gains”
Mukesh Ambani, the Chairman of Reliance Industries, has returned to the top of Forbes India's list of the 100 richest Indians, dethroning last year's richest Indian, Gautam Adani. The annual list, which tracks the fortunes of the wealthiest individuals in the country, revealed that the combined wealth of India's 100 richest people now stands at an astonishing $799 billion, despite a year of challenges and market fluctuations.
Read More »“16-Year-Old Indian Prodigy’s Delv.AI Soars to ₹100 Crore Valuation After Securing ₹3.7 Crore in Funding”
Pranjali Awasthi, a 16-year-old Indian tech prodigy, is making waves with her startup, Delv.AI. Launched in 2022, the company has raised ₹3.7 crore in funding and now holds an impressive ₹100 crore valuation. Discover her inspirational journey and the AI technology behind Delv.AI.
Read More »“State Governments Access ₹4.07 Lakh Crore from Rural Infrastructure Development Fund”
India's Rural Infrastructure Development Fund (RIDF) has marked a significant milestone, with state governments availing ₹4.07 lakh crore for rural development projects. The annual corpus of RIDF, established in 1995-96, has surged from ₹2,000 crore to ₹50,000 crore in 2023-24. Learn how RIDF has become a pivotal force in transforming the rural economy and its future plans.
Read More »“Swiggy Faces Disruptions as Mumbai Delivery Riders Strike Over Payout Alterations”
Swiggy faces disruptions as delivery riders in Mumbai protest against changes in payout rates and extended delivery radius, affecting both food and grocery deliveries. The strike has also led some customers to switch to alternative platforms like Zomato's Blinkit.
Read More »“Google CEO Sundar Pichai Addresses Employee Safety Amid Israel-Hamas Conflict”
Google CEO Sundar Pichai reassures employees in Israel amidst escalating conflict with Hamas, emphasizing the company's commitment to ensuring their safety. Other businesses with a presence in the region also prioritize employee well-being.
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