Category: Business

Anil Ambani-led RCom is bankrupt; next hearing on May 30: On Thursday, the National Company Law Tribunal disclosed that Anil Ambani-led Reliance Communications (RCom) for bankruptcy as it maintained the company’s appeal to exclude 357 days spent in lawsuit to get the bankruptcy procedure going. RCom, which be indebted more than Rs 50,000 crore to banks,…

The old power structure of world oil markets could be on the verge of a great, potentially far-reaching shift, thanks to India and China. Reports have revealed that the two Asian powerhouses — world’s second and third largest importers of oil — have neared a momentous deal to set up a buyers’ bloc that could…

You all should know that the Employees of Jet Airways aren’t having a very positive time. Reports are coming that the Jet Airways which is already bankrupt is still giving some nightmare to their employees. As you all might know that Jet Airways has been forced to cease all the operations after it ran out…

Airtel, last year, joined hands with Amazon India to offer one year of Amazon Prime membership to its postpaid users. And now, over a year later Airtel is extending the same benefits to its prepaid users. Bharti Airtel, as a part of its Airtel Thanks program, is offering its prepaid users one month of Amazon…

Well, The State Bank of India has released some new rules, and rates for the saving accounts from this financial year. Reports are coming that they have come up with the new interest rates for large savings accounts deposits. Reports are coming that with the balance of over Rs 1 lakh in the saving accounts…

As a result of  the series of economic shocks in the past three years, from the unexpected demonetisation in 2016 to the sales tax introduced in 2017 have dented property-market sentiment and also dried-up developers’ funding. Due to lack of the funds, now buyers of under-construction flats are taking on the functions and the role…

Audi is currently involved in business discussions with Ola, which is a popular platform for ride-hailing in India. A source revealed that Ola has set aside 500 million USD for the new business venture, according to Money Control. The discussions are centered on the launch of a self-drive service with a subscription-based business model. If the deal…

CEO Vinay Dube recently said that he was optimistic of finding a keen, healthy investor. The CEO said that we are not speaking about something that does not make decent economic intellect for the lenders, Majority of Jet Airways aircraft deregistered have not left the foundation. India’s Jet Airways is continually appealing with the government…

Once your classes are over and your finals turned in, the question arises of what to do with your old books. There are tons of online buyback services that provide you a shipping label so you can just send them in for free and get paid. There are even more options where you can list…

There definitely has not been a better time to chase your business ownership dream than now. Before the 2008 financial crisis, 670,000 businesses were born annually. The year 2006 actually saw 715,000 new companies join the market. The 2008 recession did a number on small businesses putting down the dreams of thousands of business owners.…

If you want to keep yourself updated with the latest Crypto news as well as you want to keep yourself updated on Instagram, so, you need to follow some Crypto Companies Active on Insta. Following these companies will help you maintain your interest in Instagram, and it will also update you about the news related…

Commodities are raw materials, such as oil, gas, metals, and coffee. What they are not is manufactured goods such as steel, cars, or breakfast cereal. However, the latter is directly affected by price movements in the former. For example, if the price of crude oil rises, it affects the cost of vehicle ownership, which in…