] Business: Micro, small and medium enterprises (MSMEs) in India face several structural challenges such as limited access to formal credit. This is affecting the productivity of these industries. However, their digital preparedness is a bright spot. Despite demonstrating higher levels of digital readiness than their Organization for Economic Co-operation and Development (OECD) counterparts, Indian […]

] Business: Bengaluru-based on-demand logistics platform Porter announced the layoffs on Tuesday. The company has said that it has had to take the decision to lay off employees to rationalize its costs. However, the company has not officially disclosed how many employees it has laid off. According to sources having knowledge of the matter, the […]

] Business: The Delhi High Court has considered the income received from bribe money after investment in the stock market as income from crime. The court has said that action can be taken against this amount under laws related to money laundering. The High Court has said that merely increasing the price does not make […]

] Business: The National Company Law Appellate Tribunal (NCLAT) has rejected the appeal of Reliance Realty, a subsidiary of Reliance Communications. The company had filed a petition to recover rent and property from Independent TV. NCLT order upheldThe tribunal, while upholding the National Company Law Tribunal (NCLT) order of the Mumbai bench, said that the […]

] Business: The Supreme Court has directed the Enforcement Directorate (ED) to trace the absconding co-founder of Mahadev betting app and ensure his presence. The accused in the betting case has fled from Dubai to some unknown place, after which the court has given this direction. The court said that the accused in such cases […]

] Business: Air India on Wednesday morning safely airlifted 228 passengers from Ulaanbaatar to Delhi, who were stranded in the Mongolian capital for the last two days. All these passengers were on a flight coming from San Francisco to Delhi, which had to make an emergency landing in Mongolia due to a technical glitch on […]

] Business: Navi Mumbai Police has busted a share trading fraud involving China and Cambodia. Officials said that the police have arrested seven people who defrauded investors of crores of rupees. He informed that as a result of this success, cyber police have frozen 118 bank accounts in several states of India. Also, a total […]

] Business: A decline was recorded in the major stock market indices Sensex and Nifty on Tuesday amid continuous withdrawal of foreign capital and weak trend in Asian and European markets. The 30-share BSE Sensex fell 519.24 points or 0.62 per cent to close at 83,459.15. It closed at 83,412.77, down 565.72 points or 0.67 […]