Traders betting on crypto platform WazirX have learnt that they are “unsecured creditors” of a Singapore company named Zettai (the Japanese word for ‘no matter what’). Zettai is the parent of the Indian company Zenmai (also a Japanese word, meaning…
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This growth has also changed lives for the better, a factor that is equally crucial. “The key to Bharat’s future lies in this transformation,” the PM said. “Over the past decade, 25 crore people have been lifted out of poverty.…
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In a pleasant surprise for the industry, two of the top four Indian IT companies, HCLTech and Wipro, are ramping up discretionary spends in the banking, financial services, and insurance (BFSI) segment. Experts, anticipating a rate cut in September, are…
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India’s growth is driven by investments in physical, digital, and social infrastructure, said Ashwini Vaishnaw, union minister for electronics and information technology, information and broadcasting, and railways. He further added that the government focuses on manufacturing through incentives like the…
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The Reserve Bank of India is scrutinizing large write-offs of overseas investments by several companies, suspecting these might not be genuine business decisions. Concerns arise as some firms may have used the ‘overseas direct investment’ route to transfer funds abroad,…
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Parent Coca-Cola Co will decide if the deal will involve one or two co-investors, or if negotiations lead to creation of an investor consortium. A decision is likely by the end of this fiscal year. ET was first to report…
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