Rating agency ICRA estimates the Government’s revenue receipts to witness an upward revision of Rs. 1.2 trillion in the upcoming union budget. Also, the government is likely to peg a relatively shallower…
Author: Pradeep Jayan
Pradeep Jayan is a keen oberver of national and international affairs. He writes regulalry on pressing issues that concerns Indians from a global perspective.
Kotak Group Fund Denies Knowledge of Hindenburg’s Investor Partnership
Kotak Mahindra Group has stated that Hindenburg Research was never a client of Kotak Group’s K-India Opportunities Fund (KIOF) or Kotak Mahindra International Ltd (KMIL) and that they were unaware of any…
Now Hindenburg says Kotak Bank created fund used by investor to short Adani stocks
On July 2, Hindenburg Research said Kotak Mahindra Bank and brokerage firms founded by Uday Kotak created and managed the offshore fund structure used by Hindenburg’s investor partner to short Adani stocks….
IndiGo Flyers Can Now Book Tickets on WhatsApp: Here’s How
IndiGo has introduced 6Eskai, an AI-enabled chatbot on WhatsApp, allowing passengers to book flight tickets directly through the messaging app. Developed in partnership with Google’s Riafy Technologies, this feature serves as a…
RBI places a director in Bandhan Bank
The Reserve Bank of India (RBI) has appointed an additional director on the Board of the Kolkata-based lender. The RBI appointed Arun Kumar Singh, Chief General Manager (retired), of Reserve Bank of…
Indian MFIs Must Act Now to Prevent Another Crisis
For microlenders in India, it’s time to pause and reflect. There are troubling signs that the issues which nearly collapsed the industry during the 2010-2012 Andhra Pradesh crisis are re-emerging. In states…
RBI grants Payment Aggregator license to SabPaisa
SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider, on June 21 said it has received final approval from the Reserve Bank of India (RBI) to function as a Payment…
Tata communications gets $ 250 mn loan from ANZ-led consortium
Tata Communications has secured a five-year $ 250 million sustainability-linked loan (SLL) from DBS Bank, ANZ and Export Development Canada (EDC), a press release said on June 20. ANZ acted as the…
Sahil Shah named Chief Investment Officer and Fund Manager of Equirus Long Horizon Fund
Equirus on June 20 announced the appointment of Sahil Shah as the new Fund Manager of Equirus Long Horizon Fund (ELHF) and Chief Investment Officer (CIO). Prior to joining Equirus, Shah served…
RBI cancels the licence of The City Co-operative Bank Ltd., Mumbai, Maharashtra
The Reserve Bank of India (RBI) on June 19 said it has cancelled the licence of “The City Co-operative Bank Ltd., Mumbai, Maharashtra.” Consequently, the bank ceases to carry on banking business,…