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From Speedy Grocers To Booming IPOs: Indian Tech News This Week

From ultra-fast grocery delivery to the rapidly growing IPO ambition among startups things are moving at a fast pace in Indian tech.

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Mukesh Ambani took home no salary in FY21 amid Covid-19 pandemic

Though Mukesh Ambani didn t take remuneration in 2020-21, Asia s richest man has seen consistent rise in his net worth throughout the year. Ambani had kept his annual salary from his flagship firm capped at Rs 15 crore for 12th year on the trot in FY20

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NCLAT stays NCLT order asking DHFL lenders to consider Kapil Wadhawan s offer

NCLAT stays NCLT order asking DHFL lenders to consider Kapil Wadhawan s offer A vacation bench of NCLAT, comprising of Acting Chairman Justice A I S Cheema and Member Technical V P Singh, stayed the order passed by NCLT. BusinessToday.In | May 25, 2021 | Updated 19:44 IST Last year, Wadhawan had made his settlement offer to the CoC which was rejected due to lack of credibility and the valuations attached to the proposed asset sales. The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed an order passed by the Mumbai bench of National Company Law Tribunal (NCLT) asking the lenders of bankrupt Dewan Housing Finance Ltd (DHFL) to consider the resolution plan of the company s former promoter Kapil Wadhawan.

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RBI Governor meets heads of pvt banks, urges continuity in financial services

RBI Governor meets heads of pvt banks, urges continuity in financial services Das impressed upon the banks to quickly and swiftly implement the measures announced by RBI on May 5, 2021, in right earnest. BusinessToday.In | May 25, 2021 | Updated 21:17 IST Das urged banks to continue focusing on efforts to further strengthen their balance sheets proactively. RBI Governor Shaktikanta Das on Tuesday held a meeting with managing directors and chief executive officers of select private banks in the country, and asked the banks to ensure continuity in provision of various financial services. Das urged banks to continue focusing on efforts to further strengthen their balance sheets proactively.

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RBI Governor meets heads of pvt banks, urges continuity in financial services

RBI Governor meets heads of pvt banks, urges continuity in financial services
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M rajeshwar raoMichael patraT rabi sankarShaktikanta dasReserve bankWill adaniமீ ராஜேஸ்வர் ராவ்மைக்கேல் பத்ராடி ராபி சங்கர்இருப்பு வங்கிவிருப்பம் அதானி