walmart, Flipkart, Ecommerce, binny resignation, binny bansal, Business news

Bansal’s resignation that raises more questions than it answers.

Binny Bansal, the co-founder and group Former CEO of the country’s leading e-commerce company Flipkart, resigned from his post on Tuesday. On the resignation, the company’s largest shareholder Walmart, issued a very confused statement, in which they said that the decision has been taken against Binny after allegations of “serious personal misbehavior”. Binny, while rejecting […]

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NEA 2018, National Entrepreneurship Awards, MSDE, Entrepreneurship

National Entrepreneurship awards 2018: Sets a stage to honour excellence in the area of entrepreneurship.

If you are told that the world’s largest value-added spice company or printing BPOs, the largest exporter of hand-made rugs, the largest exporter of the largest machine tool-maker, Honey and Leather; not big metros, whereas smaller cities, will you believe? Yes, this is true. Undoubtedly Micro Enterprises has a significant stake in the global economy […]

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v vaidyanathan gifts shares, V Vaidyanathan, capital first executive chairman

Capital First’s Chairman will gift shares to family members, servants and drivers.

V. Vaidyanathan, Executive Chairman, Non-Banking Finance Company (NBFC) Capital First, presented a new example. He has announced to give 10.61 per cent of his shares to family members, colleagues, previously worked people, drivers and domestic servants before the company’s merger with IDFC Bank. In a notice to the stock exchange, V. Vaidyanathan said that he […]

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reserve bank of india, RBI, Public Credit Registry

RBI has started making a ‘Public Register of Credit’ of borrowers, the information will be available on digital platform.

The Reserve Bank has taken steps to establish a Digital Public Credit Register (PCR) to provide details of all the individuals and entities borrowing in one place. There will be information about pending legal matters related to irregularities in the names of those who do not return the loan and irregularities in repaying the loan. […]

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