Industry
Twitter CEO Parag Agrawal to receive $1 million annual salary
Parag Agrawal, who has recently been named as the CEO of microblogging platform Twitter, will receive an annual salary of USD 1 million along with other perks and bonuses.
Twitter bans sharing private photos, videos of others without consent with certain exceptions
New Twitter policy to allow private individuals request removal of media.
Paytm expects revenue, monetisation methods to expand in next few quarters: CEO Vijay Shekhar Sharma
Digital payments and financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters, according to a top company official.
Government has no plans to implement rating system for MSMEs: MSME Min Narayan Rane
Credit and Finance for MSMEs: The erstwhile Performance & Credit Rating Scheme of the MSME Ministry was discontinued in December 2018. The scheme was intended to provide a third-party opinion on MSME
Innovation boost: Helping startups find their feet
Hyderabd’s T-Hub selects 11 startups for the Third Cohort of its funding programme ‘T-Angel’
Jute balers seek increased regulation for prompt payment from millers
The JBA, in a letter to the textile ministry, alleged that a sizeable number of millers delay payment or even refuse to clear outstanding dues despite the Centre’s order last year of making prompt p
Hiranandani group to build two more data centres buildings in Greater Noida
Each of the two buildings will have a capacity of 30 MW and will be ready to go live in January 2024.
Coal India Limited plans nearly 20,000 crore investment to augment evacuation capacity
The despatches of increased volume through rail mode would be both from upcoming greenfield and brownfield expansion projects, some of which have already become operational.
‘In my view, steel prices in the country will remain stable’
In an interaction with Rajesh Kurup, Rao said that Indian steel prices are likely to remain stable. Edited excerpts:
India to have 810 million smartphone subscriptions by end of this year: Ericsson
According to the report, smartphone subscriptions accounted for 70% of total mobile subscriptions in 2021 and are projected to constitute around 94% in 2027, driven by rapid smartphone adoption in the
Succession plan: Shriram Group forms board of management
Stepping aside from a formal role, founder and patriarch of the group R Thyagarajan will now mentor the board of management, with the new leadership in place.
Spectrum auctions: Trai to take up pricing, payment norms for review
Areas like block size, spectrum surrender and spectrum assignment for private networks may also be analysed in a fresh perspective.
Govt offering up to 50% discount to commercial miners for coal gasification
As per the original auction methodology for commercial coal mining — approved by the Cabinet in May 2020 — miners were provided a 20% rebate on the agreed revenue share for using the fuel for gasi
IPPs seek stricter rules to ensure quicker payments from discoms
The disputed amount for central government owned power plants stood at Rs 4,220.3 cr while for private power producers, the same was much higher at Rs 19,312.7 cr.
SC allows Yes Bank to vote in Dish TV’s AGM
Essel Group-owned Dish TV India had on Monday night announced that it has postponed its annual general meeting, scheduled for Tuesday, by a month.
Srei: Administrator admits Rs 22,910 cr claims from banks
Administrator Rajneesh Sharma has rejected claims of around Rs 1,604.63 crore by the commercial banks, while Rs 601.37 crore is under verification as of November 19.
ESG, Green bond issues rise sharply in 2021 as Indian firms promote sustainable business
Dealers said companies get better rates on their ESG instruments rather than the normal fundraising instruments. Bank of America has made a global $1.5 billion sustainable finance commitment by 2030,
Fuel-stocking norms for power plants made more flexible
Designed by the CEA, these norms allow lower fuel stocks during the periods of low demand and mandate larger inventories during high-demand seasons.
ICICI Venture partially exits Go Fashion with 5x returns post listing
The asset management firm of the bank had invested Rs 100 crore for a 13.5% stake in Go Fashion via India Advantage Fund Series 4, the 4th PE fund of ICICI Venture.
McNally Sayaji: NCLAT dismisses Kotak Mahindra Bank’s appeal to set aside insolvency proceedings order
The Kolkata bench of the National Company Law Tribunal (NCLT) had admitted ICICI Bank's application under Section 7 of the IBC for initiating the Corporate Insolvency Resolution Process (CIRP) against
Layered voice analysis: Using voice analysis to detect emotions
Genuine emotion detection and its new applications are gaining momentum among Indian security agencies, forensic labs and call centres
RBI appoints three-member panel to advise Reliance Capital administrator
“It may also be mentioned that the Insolvency and Bankruptcy Rules, 2019 provide for the concerned financial sector regulator appointing a Committee of Advisors to advise the Administrator in the op
Collections near normal level, but smaller MFIs still facing liquidity crunch, says CreditAccess Grameen MD
Hebbar said smaller MFIs with a portfolio of less than Rs 500 crore find it difficult to acquire funds because of their dependency on borrowing largely from non-banking finance companies (NBFCs) and o
Rupee Cooperative Bank gets RBI extension
Rupee has submitted various options for resolution of the bank, which include an exploratory proposal for merger. The RBI has given an undertaking in the Bombay High Court to take an appropriate decis
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