Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio. Fintechs which source funds through banks or non-banking finance companies (NBFCs) are looking at quickly building their secured portfolio options to at least 40 per cent of their total portfolio. "Over the medium to long term, as part of our product strategy, we are evaluating secured products which can be enabled over a digital platform" said Yogi Sadana, the founder of Zype, a lending-focussed fintech.
Dropping references to the demolition of Babri Masjid in Ayodhya, the killing of Muslims in Gujarat riots and Hindutva, and tweaking the reference to Manipur's merger with India are among the latest set of revisions made public by the National Council of Educational Research and Training (NCERT) in its textbooks.
Maratha quota protester Manoj Jarange, who has been on a hunger strike in Maharashtra's Jalna district, said on Thursday that their agitation will continue till the state relaxes the condition of genealogy while giving Kunbi caste certificate to the community members from the Marathwada region.
With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
Municipal corporations penalise late property tax payments. 'Penalties can include attachment of properties, bank accounts, rent and other movable assets," says Anand Moorthy, co-founder, Square Yards.
Amid a fresh wave of protests in Maharashtra over the Maratha quota demand, authorities in Dharashiv district of the state on Wednesday started distributing Kunbi caste certificates to the eligible Maratha community members, paving the way for their inclusion in the OBC category.
The analysis of five candidates could not be completed as their affidavits are either badly scanned or complete affidavits are not uploaded on the Election Commission of India website, they said.
National Association of Software and Service Companies advocated the creation of Special Economic Zones
Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.
'Who has given how much money to which party, the people of India must know this fact.'
The National Association of Software Services Companies (Nasscom) on Tuesday launched the Talent Connect portal to bridge the gap between recruiters and digitally skilled and certified candidates. The portal, which has been in the work for the last 28 months has 100,000 candidates and companies such as Tata Consultancy Services (TCS), Tech Mahindra and Salesforce recruiting from it. The platform, for the first time, is also making an attempt to bridge the gap of skill-based talent to employers, rather than the current practice of academic focused talent base.
Chief Minister-designate Mohan Yadav, an OBC leader and three-time Bharatiya Janata Party MLA, started his political career when he was a student and rose to become higher education minister of Madhya Pradesh where he announced to make Hindu epic Ramcharitmanas as an optional subject in colleges in 2021.
India has also taken note of reports of Saeed's son Talha contesting elections in Pakistan and said the "mainstreaming" of radical terror outfits in the neighbouring country is nothing new and that it has been part of its State policy for a long time.
Educational technology company Byju's chief financial officer Ajay Goel has quit after completing the audit process for the financial year 2022 and will return to Vedanta, the company said in a statement. The edtech major has roped in industry veteran Pradip Kanakia as senior advisor, and president (finance) Nitin Golani has been given additional responsibility as India chief finance officer (CFO) to handle the finance function of the company.
Prithvi Raj Singh Oberoi, the 94-year-old veteran corporate hotelier who redefined India's hospitality industry, passed away on Tuesday. The Chairman Emeritus of The Oberoi Group, popularly known as 'Biki', built a sprawling chain comprising 32 hotels during his lifetime. EIH owns the eponymous Oberoi and Trident hotel chains.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Among India's tech companies, education-associated start-ups are the worst affected, recording the maximum number of layoffs.
The BJP cannot afford to alienate the OBCs, who have explicitly voiced their opposition to the Maratha quota.
The government is committed to ensure a smooth flow of education loans for students and a total of 1,40,000 such loans were given till last December, Finance Minister P Chidambaram said on Tuesday.
Jarange, whose hunger strike at Antarwali Sarati village in Jalna district for reservation for the community in government jobs and education entered 12th day, also rejected the fresh outcome of talks held with a delegation of Maratha community leaders and the government late on Friday night in Mumbai.
The Maharashtra cabinet on Wednesday decided that Kunbi caste certificates will be issued to those Marathas hailing from the Marathwada region who possess revenue or education documents from the Nizam era that recognise them as Kunbis, Chief Minister Eknath Shinde said.
The development comes in the wake of an indefinite hunger strike launched by activist Manoj Jarange in Jalna district on Wednesday to demand reservation for the Maratha community.
Merely being prosecuted on money laundering charges is not a sufficient ground to deny permission for passport renewal, a special court in Mumbai has said while granting nod to former Maharashtra minister Anil Deshmukh's son to apply for renewal of his passport.
'...It is important for you to take a stand.' 'It is a sin to remain silent when the basic structure of the Constitution is being attacked.'
The BJP tops the list with 43 (80 percent) of 54 MLAs each having declared assets valued at more than Rs 1 crore.
Although the BJP has never been ballistic about the BJD and Narendra Modi has avoided being critical of Naveen Patnaik, the BJP is optimistic that the party can improve its electoral fortunes in Odisha on its own, notes Rup Narayan Das.
Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.
Stating that over 1,00,000 Indians travel to the US for higher education every year, he said American students were also visiting India for studies and it was the 14th most preferred destination in the group.<
In a historic move, New York State Governor Kathy Hochul has signed legislation making Diwali a holiday for public schools in the major American city.
Fasting quota activist Manoj Jarange on Monday sought reservation for the Maratha community in entire Maharashtra and not in specific regions and warned the ongoing agitation will be ratcheted up if the demand was not fulfilled by the state government.
What many don't realise is that including their spouse and children in their tax planning can enable them to reduce their tax burden legally.
Nasscom chief Kiran Karnik said: 'I am not saying you throw open education, but we need to liberate higher professional education from constraints.'
The film, which tracks how the couple resolve their differences, goes into graphic recall of the Holocaust in several scenes.
'SBT's merger with SBI could lead to closure of several branches and hurt employment opportunities.'
A day after 12 students and two teachers were killed in a boat accident in Harni lake on the outskirts of Vadodara city in Gujarat, three persons, including a manager of a contractor, have been arrested, said a police official on Friday.
Ghosh had appeared before the ED sleuths at the agency's office in the city during the day.
Springing a surprise, the Bharatiya Janata Party on Monday picked Mohan Yadav, a leader of Other Backward Classes (OBC) and a three-time MLA, as the next chief minister of Madhya Pradesh, state party president VD Sharma said.
'There have been and will continue to be, so many captivating stories in colonial India.' 'Obviously, most of the white people were British, so if I am going to take on a role in a film set in one of the most turbulent periods of Indian history, then it only stands to reason that my character would be of British descent.' 'But that doesn't mean all my roles are negative.'
Talking to reporters in Salem, B Suryanarananan, Director, sales and marketing, South Asia, said Intel had alaready expanded ints business operatios to 484 cities.
India on Thursday said it promotes engagement with Taiwan in several areas including trade and investment and Taipei's decision to open an economic and cultural centre in Mumbai should be seen in that context.
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