India and China have agreed to resume direct flights and increase trade and investment to rebuild relations after a 2020 border clash. Discussions during Chinese Foreign Minister Wang Yi’s visit included troop pullback, border delimitation, and the establishment of a…
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Sebi may ease IPO rules for mega companies. This could help Reliance Jio’s stock market debut. New rules could lower the required share float. Citi believes this reduces market supply concerns. Jio may only need a 2.5% float. Reliance’s annual…
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The Centre is poised to introduce a Constitution amendment bill addressing the removal of high-ranking officials arrested for serious crimes. This includes the Prime Minister, Union ministers, chief ministers, and state ministers.
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The National Housing Bank is intensifying its scrutiny of housing finance companies due to breaches in loan-to-value regulations, particularly for high-value home loans exceeding ₹75 lakh. Lenders are found to be disbursing loans up to 90% LTV, violating the stipulated…
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Vodafone Idea (Vi) will depend on internal cash flows for network expansion post-September 2025, as FPO funds deplete. The company seeks non-banking sources to maintain capex, targeting ₹2100-2200 crore quarterly spending. Lenders await clarity on AGR dues, while Vi sees…
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OpenAI is targeting the Indian market with ChatGPT Go, a cheaper subscription. It costs Rs 399 per month. This offers more access than the free tier. India is a key market for OpenAI. They are customizing services for Indian users.…
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