Even if bankruptcy proceedings against the firms are pending, the Verdict allows lenders to pursue payment from guarantors of loans. The Indian government's notification to invoke personal guarantees of promoters…
Between March and May, a Google-backed e-commerce company says it processed more than 20,000 orders for hospitals. Working with volunteers, NGOs, and other organisations to supply essentials has increased Dunzo's…
Greenko Group founders Anil Chalamalasetty and Mahesh Kolli led a $11 million Series A funding round for Skyroot Aerospace on Thursday. Skyroot Aerospace is a company based in the United…
According to one report, the time between ordering a chip and receiving it increased to 17 weeks in April. Chip shortages are affecting the entire industry, stopping businesses from shipping…
To recast JLR's operation, the company took a Rs 15,000 crore hit. Tata Motors announced a good operational output in the fourth quarter of 2021 (Q4), led by its UK…
The United Nations has lifted India's growth forecast for calendar year 2021 to 7.5 percent, up 0.2 percent from January's forecast, but warns that the country's outlook for the year…
Official data released on Wednesday showed that India's fuel demand fell 9.4% in April compared to the previous month, as lockdowns imposed in many states to combat the second wave…
After an 18-day span without a price increase, India's fuel prices were raised on Tuesday. Petrol prices in Delhi increased by 15 paise to Rs 90.55 per litre. Prices increased…
According to Raghuram Rajan, former governor of India's central bank, the country's overwhelming surge of coronavirus infections revealed complacency following the first wave last year, as well as a "lack…
Even as the Covid-19 crisis worsened and cost pressures soared at their fastest pace in nine years, growth in India's dominant services sector slowed to a three-month low in April.…
