NCLAT revives Chintamani Jewel
The National Company Law Appellate Tribunal (NCLAT) has revived the insolvency proceedings against Chintamani’s Jewelery Arcade Pvt Ltd, allowing a reinstatement application filed by Axis Bank, saying the company has consistently violated the settlement terms filed in the court. The three-member NCLAT bench withdrew its earlier order passed on May 9, 2024, quashing the bankruptcy…
Vikram-1 nearing launch: Who is B?
India’s private space sector is set for a major milestone as Skyroot Aerospace is set to attempt the country’s first privately developed orbital launch with Vikram-1 later this month. The Hyderabad-based firm said on July 2 that it would attempt the launch between July 12 and August 4, depending on the completion of assembly and…
Citigroup names Raj Rathi as L
The bank has named former Dream Sports executive and investment banker Raj Rathi to lead the M&A business in India. Citigroup Inc has appointed veteran investment banker Raj Rathi as the new head of mergers and acquisitions in India, effective from this month. The appointment comes as Citi deepens its advisory capabilities to capitalize on…
Estimating the legacy of Fe
As the financial world remembers the former Fed chair, economists assess his vast macroeconomic legacy. Alan Greenspan, the second-longest serving Chairman of the Board of Governors of the Federal Reserve, has died just months after his 100th birthday. Greenspan, known as “The Maestro”, led the Fed under five US presidents from August 1987 to January…
Datanomics: Protein of India
Concerns highlighted by the Parliamentary Standing Committee on Education, Women, Children, Youth and Sports over the removal of eggs and fruit from PM nutrition meals have reignited the debate over the nutritional quality of school meals, but data shows the challenge extends far beyond them. At the national level, the share of cereals in protein…
SBI launches AI-powered feature
State Bank of India (SBI) introduced a range of artificial intelligence (AI)-enabled features on its retail and business banking platforms, including AI-powered virtual assistants for corporate and MSME customers, new digital account opening journey and mobile-based trade finance services, the bank said in a release on Wednesday. These announcements were made as part of the…
toyota kirloskar motor report
The company’s exports rose 7 percent to 2,575 units last month as compared to 2,416 units sold in June 2025 (Photo: Reuters) read 1 minute Last update: 01 July 2026 | 3:33 pm First Toyota Kirloskar Motor on Wednesday reported a 7 per cent rise in total sales to 31,016 units in June 2026 as…
Vedanta Group Stocks: Oil & Gas
Vedanta Group shares today Shares of Vedanta Group’s recently demerged companies surged as much as 20 per cent on BSE in intra-day deals on Wednesday amid heavy demand. Vedanta Oil & Gas was closed 20 per cent higher at ₹38.76 on the back of a two-fold jump in average trading volumes. As of 01:54 pm,…
Synthetic Data and Agentic AI
Banks are testing products on fake customers. It’s fast, cheap and ethically questionable. Financial institutions are quietly replacing real customers with algorithmic clones to circumvent stringent data privacy laws and accelerate time-to-market. Testing a new credit card or AI investing app traditionally takes months of testing. For bank product developers, the synthetic consumer, who never…
Bri looks to new funding models
These funds aim to make Indian films a new asset class, somewhat like the highly sought-after Indian Premier League (IPL) teams. Two such funds – Filmni Global and CineNow – have already launched. The first of Filmni Global’s 10 special purpose vehicles (SPVs) is about to be shut down. The £5 million SPV will identify…
