The Finance Ministry is currently evaluating the proposed merger between Power Finance Corporation (PFC) and Rural Electrification Corporation (REC). This review is expected to lead to a cabinet approval in the near future, as the government aims to streamline operations
Microsoft has announced plans to offer voluntary buyouts to approximately 60,000 employees as part of a broader strategy to reduce costs. This decision comes amid a challenging economic landscape and reflects the companys efforts to streamline operations and enhance efficiency.
United Airlines CEO Scott Kirby is advocating for a new tax policy that he believes could encourage billionaires to relocate across the United States, similar to a tax strategy that has previously prompted wealthy individuals to leave California. In a
Elon Musks SpaceX has entered into a significant financing agreement, securing a $40 billion lease with a firm managed by Apollo Global Management. This deal is aimed at facilitating the development of Nvidias next-generation technologies. The partnership is expected to
Rajesh Hamal, a prominent figure in the Nepali film industry, has expressed his discontent regarding recent statements made by Finance Minister Prakash Sharan Mahat during his visit to Delhi. Hamal, known for his influential role in Nepali cinema, took to
Tokenization has the potential to reveal untapped wealth and reduce borrowing costs, according to the CEO of Mudrex, a cryptocurrency investment platform. In a recent discussion, the CEO emphasized that tokenization, which involves converting physical assets into digital tokens on
Shares of small finance banks, particularly AU Small Finance Bank and Ujjivan Small Finance Bank, have experienced a significant decline, with both stocks dropping approximately 6%. This downturn has raised concerns among investors regarding the future performance of these financial
Air Canada (AC.TO) has been making headlines recently, reflecting its ongoing developments and stock performance. As one of the leading airlines in Canada, Air Canada plays a significant role in the aviation industry, connecting travelers domestically and internationally. The airlines
Indias Unified Payments Interface (UPI) has emerged as the worlds largest real-time payment system, facilitating an impressive 2,400 crore transactions each month. This significant achievement was highlighted by Finance Minister Nirmala Sitharaman during a recent address, where she emphasized the
Bank of Barodas subsidiary, bob Securities and Giltedge, has officially launched its operations as a Non-Banking Financial Company (NBFC). This new venture aims to enhance the financial services offered by the Bank of Baroda group, providing a wider range of
