In place of “promoter-driven” companies, Sebi plans to create the idea of “controlling shareholders-driven companies” to enable companies, particularly startups without promoters, to get listed on stock markets and access public financing. This was stated by Sebi Continue Reading
Business
All roads lead to India’s domestic energy players for overseas investors seeking a piece of the country’s renewables boom — and the bankers who sit across the table from them. According to statistics provided, Bank of America Corp.’s Gaurav Singhal leads the busiest team in India’s green energy M&A sector over the last 12 months. […]Continue Reading
V.P. Nandakumar MD & CEO, Manappuram Finance Ltd To promote the next level of financial inclusion, let us remove restrictions on opening new branches that currently apply to gold loan NBFCs Recently, the Reserve Bank of India (RBI) set up of a Regulations Review Authority (RRA 2.0) to review its regulations internally, and in consultation […]Continue Reading
Well-performing IT companies are rolling out enticing offers to retain their employees. Top performers in HCL Technologies, for instance, might drive home a Mercedes Benz. With regard to this proposal, it is kept for approval by the board. During 2013, the company had given out 50 Mercedes Benz to its top performers but later discontinued […]Continue Reading
Indian outsourcing giant Infosys Ltd has asked its employees to resume work from offices. The Bengaluru-based IT services company stopped short of calling all employees back to work, reflecting wider caution across the sector as Indian officials warn about the looming threat of the third wave of Covid-19 infections. Health experts have appealed to state […]Continue Reading
The Chinese fashion brand Shein is making a comeback in India through Amazon after a year and a half after the site was banned in India earlier. Shein that was extremely popular for its affordable and fashionable clothing will be re-launching on Amazon during their annual Prime Day sale which is scheduled on July 26 […]Continue Reading
In a strategic move, packaged drinking water company, Bisleri International Pvt Ltd is set to foray into the hygiene segment meeting the evolving consumer needs for health and hygiene. It is stated that the company will be leveraging its distribution network grabbing a share of the sanitiser segment. Angelo George, CEO, Bisleri International Pvt Ltd […]Continue Reading
The shareholders in Devas Multimedia have sued Air India to recover the sums Devaas had won in arbitration awards against the Indian government and seize its flagship carrier’s foreign assets. According to the report from the shareholders, it is found out that Devas and its affiliates were owed more than $1.5 billion by the government. […]Continue Reading
On Monday finance minister Nirmala Sitharaman announced a fresh set of measures to provide relief to a string of Covid-hit sectors, such as tourism and small businesses, apart from steps to boost health infrastructure, both in the private and public sector. Her announcements were a mix of expansion of existing steps, such as increasing the […]Continue Reading
Article by V.P. Nandakumar MD & CEO of Manappuram Finance Ltd. Companies engaged in the services sector depend a lot on their frontline employees. After all, they deal directly with customers and the image of the company depends entirely on the quality of their interaction with customers. As a leading player in the financial services […]Continue Reading



















