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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.

GrayQuest raises Rs 80 Crore ($9.3M) in its Series B Equity Funding Round

Posted on 9 January 20259 January 2025 by Pradeep Jayan

GrayQuest offers educational institutions a first of its kind, unified payments platform to enable them to digitize & boost their fee collection. It’s platform enables institutions to offer their students & parents multiple tailor-made payment options, including a convenient monthly payment option to pay their annual education fees without bearing any extra costs.

Senior citizen placed under ‘digital arrest’ by online fraudsters, forced to pay Rs 14 lakh

Posted on 29 October 202429 October 2024 by Pradeep Jayan

Senior citizen placed under ‘digital arrest’ by online fraudsters, forced to pay Rs 14 lakh

Bengaluru Police Arrest Axis Bank Manager and Three Sales Executives in Rs 97-Crore Stock-Market Fraud

Posted on 15 October 202415 October 2024 by Pradeep Jayan

The cyber-crime unit has revealed that 254 cases linked to this scam have been registered across the country. Fraudulent transactions totaling Rs 97 crore were conducted through six bank accounts reportedly opened by bank staff.

Elections in Maharashtra to be held on Nov 20, two-phase polls in Jharkhand on Nov 13 and 20

Posted on 15 October 202415 October 2024 by Pradeep Jayan

The Assembly polls in Maharashtra will be held in a single phase on November 20, while Jharkhand polls will be held in two phases on November 13 and 20, the Election Commission of India announced on Tuesday.

Five Interesting Facts About Ratan Tata’s Career Graph

Posted on 10 October 202410 October 2024 by Pradeep Jayan

Ratan Tata’s illustrious career is a testament to his visionary leadership, strategic acumen, and commitment to ethical business practices. Over the decades, he has guided Tata Group to unprecedented heights, while also contributing to philanthropy and social causes. Here are five interesting facts about his career graph:

Banks took 75% haircut in Adani takeover deals in IBC pushing banks to huge losses, highlights AIBEA data

Posted on 2 September 20242 September 2024 by Pradeep Jayan

Adani buyouts in IBC have meant huge losses for banks in admitted claims

Indian NBFI Regulatory Actions Bring Governance to the Forefront, says Fitch ratings

Posted on 20 August 202421 August 2024 by Pradeep Jayan

Governance and compliance issues can greatly diminish customer and market confidence, potentially undermining funding and business activities. Severe non-compliance may result in stringent regulatory sanctions, which can negatively affect the issuer’s franchise strength and heighten the risk of default, especially if liquidity buffers are thin.

RBI imposes monetary penalty on Muthoot Housing Finance

Posted on 13 August 202413 August 2024 by Pradeep Jayan

After considering the company’s reply to the notice and oral submissions made by it during the personal hearing, RBI found that the company failed to take prior written permission of the RBI for change in management resulting in change of more than 30 per cent of its directors, excluding independent directors, warranting imposition of monetary penalty, the RBI said.

RBI asks banks to take necessary steps on Microsoft outage, says only 10 banks and NBFCs affected

Posted on 19 July 202419 July 2024 by Pradeep Jayan

Reserve Bank of India clarifies on impact of outage in Microsoft Services on its Regulated Entities Large scale outage in Microsoft Services is impacting IT systems globally leading to disruptions in various…

Hinduja Tech signs definitive agreement to acquire Tecosim Group

Posted on 17 July 202417 July 2024 by Pradeep Jayan

Hinduja Tech(HT), a subsidiary of Ashok Leyland, the Indian flagship of the Hinduja Group, today announced the signing of a definitive agreement to acquire Tecosim Group. This strategic acquisition broadens Hinduja Tech’s presence in the European and international markets and solidifies its position as a leading provider of mobility engineering services worldwide, a press release said….

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