A Chennai couple’s protracted legal battle over a ₹46 lakh flat reveals rising costs and legal avenues for homebuyers facing developer delays, with courts awarding substantial interest after years of waiting. A Chennai couple who paid ₹46 lakh for a…
PhonePe has partnered with India’s Ministry of Electronics and Information Technology to integrate its PulsePro data platform into the PM GatiShakti system, enhancing real-time, hyperlocal insights for infrastructure and economic development across the country. PhonePe has signed a memorandum of…
Investcorp acquires the contract logistics arm of 20Cube 3PL Solutions for Rs 500 crore and plans to inject up to Rs 750 crore more, signalling strong investor confidence amid sector growth driven by e-commerce and supply chain modernisation. Investcorp has…
Sachin Bansal’s fintech firm Navi raises its first significant institutional funding from Prosus as it prepares for a potential IPO, with valuation estimates reaching up to $2 billion amidst rapid growth in India’s digital payments ecosystem. Navi, the fintech firm…
While major Indian banks offer modest yields, smaller private and mid-sized banks are leading the race with significantly higher fixed deposit rates, especially for senior citizens, reshaping savers’ choices. Fixed deposits remain a favoured option for Indian savers seeking assured…
Regulatory scrutiny exposes how a web of circular borrowings and share allotments inflated Dhenu Buildcon Infra’s market value despite minimal operations, raising questions on governance and valuation practices. SEBI’s interim order against Dhenu Buildcon Infra Ltd has turned a little-known…
The Supreme Court has clarified that failure to serve statutory notice does not automatically void an auction sale, provided the affected party had actual knowledge and suffered no substantial injury, setting a new precedent for debt recovery proceedings. The Supreme…
Minutes from the Reserve Bank of India’s August policy meeting reveal rising concerns over inflation, leading to market jitters and speculation of imminent rate increases, challenging the central bank’s previous stance of neutrality. India’s bond market was jolted this week…
Hansa Research’s latest survey reveals faster growth in India’s health insurance sector, driven by concerns over rising medical costs, but customer loyalty wanes due to service and claims issues, highlighting a disconnect between industry growth and consumer satisfaction. Hansa Research’s…
The Multi Commodity Exchange of India is set to invest up to Rs2 billion in specialised platforms for coal and minerals, aiming to boost transparency and standardisation in the country’s commodity sectors amid ongoing regulatory approvals. Multi Commodity Exchange of…
