Category: Enterprise

IppoPay appoints Shabareesh Suresh as general counsel

IppoPay, a fintech startup providing payment infrastructure to small businesses in tier-2 and 3 cities and rural areas, has announced the appointment of Shabareesh Suresh as its general counsel. Suresh has close to 10 years of experience across law firms including AZB & Partners and Cyril Amarchand Mangaldas. He brings in-depth understanding of legal, compliance, […]

Lenders of Future Enterprises appoint a forensic auditor

Lenders of Future Enterprises have appointed forensic auditor J C Kabra & Associates, in line with a finance ministry mandate to audit non-performing loan accounts with over Rs 50 crore exposure. Central Bank of India, the lead bank for Kishore Biyani-promoted Future Enterprises, appointed the forensic auditor on September 12, according to a stock exchange […]

Reliance Cap suitors seek extension of up to 4 months for submission of binding bids

Suitors for debt-ridden Reliance Capital Limited (RCL) have sought extension of up to 4 months for submission of binding bids as part of its resolution process. US-based asset management fund Advent has sought extension by 16 weeks, while Piramal Finance has sought additional time of 12 weeks, that is till December, sources said. As per […]

HDFC Bank, Precision Biometric to test applications under RBI’s sandbox scheme

HDFC Bank and Precision Biometric India have been selected by the Reserve Bank for testing their ‘on tap’ retail payments applications under the regulatory sandbox scheme, the central bank said on Monday. Regulatory sandbox (RS) refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may permit certain relaxations […]

Apple, Samsung could benefit as India aims to speed product safety approvals

India will try out a strategy of parallel testing to speed up safety approvals for new electronic devices, an industry group told Reuters on Friday, a move that could boost device launch plans by the likes of Samsung and Apple. The move comes as India scrambles to remove bottlenecks faced by businesses, with Prime Minister […]

Lenders agree to Religare Finvest’s settlement plan

A one-time settlement (OTS) proposal put forward by Religare Finvest (RFL) management has received the go-ahead from more than half of the company’s lenders. However, the deal hinges on a nod from the State Bank of India, the third-largest creditor to the company, which has still not signed off on the proposal as it awaits clearance […]

India needs to balance growth aspiration with maintaining macro-economic stability: Uday Kotak

Amid challenges faced by global economy, India will need to balance its aspiration for growth with maintaining macro-economic stability, Kotak Mahindra Bank NSE 0.07 % Managing Director Uday Kotak said on Wednesday. In a message to the shareholders, Kotak said India continues to have a fundamentally sound growth story. “The core of any strategy lies in its […]

India targets $300 billion worth bioeconomy by 2030

Union Minister of State (Independent Charge) Science and Technology and Minister of State (Independent Charge) Earth Sciences Jitendra Singh said India has a target of $300 billion in bioeconomy by 2030. Bioeconomy is the production, utilization, and conservation of biological resources, including related knowledge, science, technology, and innovation, to provide information, products, processes, and services […]

Tata Tele Business Services highlights significance of ‘Smart Internet’ in Growth of SMEs in India

Mumbai, February, 2022: Tata Tele Business Services (TTBS), India’s leading B2B digital services provider, hosted its flagship industry forum CXO Round Table discussion on “Smart Internet – The engine of SME Growth.” Considering changes due to COVID-19 which led enterprises to rethink, redesign, and re-imagine their operations in a new mode of constant transition and remote work environment, […]

Tata Tele Business Services highlights the role of IoT in Business Transformation

Mumbai, January 2022: Tata Tele Business Services (TTBS), India’s leading B2B digital services provider, hosted its flagship industry forum CXO Round Table discussion on “IOT – The journey towards Business Transformation.” Considering changes due to COVID-19 which led enterprises to rethink, redesign, and re-imagine their operations in a new mode of constant transition and remote work environment, the […]

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