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Gautam Thapar Arrest: Rs 515-Cr Yes Bank Loan, a Bungalow Land Avantha Promoter in Jail – News18
Gautam Thapar, the promoter of the Avantha Group, was arrested by the Enforcement Directorate in connection with an alleged money laundering case. Read More
reported by Business Desk at News18
PE activity in H1 CY2021 at all-time high of $26 billion: PwC India Report – Moneycontrol
The combined deal activity crossed $40.7 bn with 710 transactions during the first half of the current calendar year. A growing divergence in asset valuations, the acceleration of deals in digital and technology and increasing attention toward environmental,? Read More
reported by at Moneycontrol
Rakesh Jhunjhunwala-promoted Akasa Air gets no-objection certificate from Civil Aviation Ministry, DGCA:… – Moneycontrol
Akasa Air is aiming to begin operations by end of 2021. Jhunjhunwala is expected to own nearly 40 percent of the stake in the new airline and is considering to invest $35 million in the venture. Read More
reported by at Moneycontrol
RBI Gives Banks More Time To Implement New Current Account Rules – BloombergQuint
RBI gives banks time till October 31 to implement current account circular. Read More
reported by Vishwanath Nair at BloombergQuint
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From the blogs
Biocon Biologics gets license to manufacture antibody treatment for Covid Hindustan Times
US-based Adagio Therapeutics has allowed the company to manufacture and commericalise the ADG20-based treatment in India, as well as in select markets. | Latest News India Read More reported by hindustantimes.com at Hindustan...
ExplainSpeaking: The curious case of India’s falling unemployment rate in 2019 The Indian Express
India's Economy 2021: The latest annual report of the Periodic Labour Force Survey (PLFS) has surprised everyone by claiming that the unemployment rate fell in a year when India's GDP growth was at its weakest Read More reported by Udit Misra at The Indian...
‘Not prepared to deal with’: Warren Buffett predicts another pandemic worse than COVID Republic World
American billionaire Warren Buffett recently said that he believes that another pandemic was on the horizon, which could be worse than that of COVID-19. Read More reported by Bhavya Sukheja at Republic...