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TMT
Reliance Industries unveils fibre broadband service
Indian conglomerate Reliance Industries unveiled a fibre broadband system and said it will extend connectivity to 1,100 cities, stepping up ......
Finance
RBI tightens banks' statutory auditor rules
India's central bank on Wednesday tightened rules on banks' statutory auditors saying it reserved the right to not approve appointments ......
TMT
These Indian-origin entrepreneurs founded Silicon Valley unicorns
Many Indian-origin entrepreneurs have hogged the limelight in Silicon Valley with their companies raising large funding rounds and turning into ......
People
Dubai regulator probes emerging markets PE firm Abraaj over alleged mismanagement
Dubai’s financial regulator is investigating allegations of mismanagement at private equity firm Abraaj, which is on the verge of financial ......
General
Vedanta mulls merger with Anglo American unit; Federal Bank eyes Madura Micro
Volcan Investments Ltd, the family trust of Vedanta Resources Plc. chairman Anil Agarwal, is exploring the merger of Anglo American ......
Finance
India services activity in June grows at fastest pace in a year
Activity in India’s service industry rebounded in June from a mild contraction the prior month, a private survey showed, expanding ......
People
Kotak Mahindra Bank's Deepak Sharma on how AI will impact payments sector
Artificial intelligence startups in India lag behind China and the US in receiving funding. But they have an important role ......
General
Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors
Private equity firm Everstone Capital’s plans to acquire Videocon group’s home appliances brand Kenstar have hit a roadblock due to ......
Finance
Gray Matters, Caspian sell entire stake in Indian School Finance to Manappuram
Manappuram Finance Ltd has agreed to acquire an 85.39% stake in Indian School Finance Company Pvt. Ltd (ISFC) for Rs ......
Finance
Govt panel bats for AMC, alternative investment fund to tackle bad loans
An Indian government panel has suggested creating an asset management company (AMC) to resolve bad loans above 5 billion rupees ......
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