India’s Defense Game-Changer: Massive Rs. 2.23 Lakh Crore Investment Approved
: A substantial 98% of the total procurement, amounting to around Rs. 2.20 lakh crore, will be sourced from domestic industries. This decision aligns with India’s goal of achieving self-reliance (‘Aatmanirbharta’) in its defense sector.
A Landmark Order: SEBI Directs Satyam Founders to Pay Rs 1,747 Crore
The illegal gains were made by each individual as follows: Ramalinga Raju – Rs 20.43 crore, Rama Raju – Rs 20.43 crore, Suryanarayana Raju – Rs 51.44 crore, SRSR Holdings – Rs 518.36 crore, V Srinivas – Rs 9.58 crore, and G Ramakrishna – Rs 3.83 crore.
Pioneering the Future: India’s 125 Projects in Critical Mineral Exploration
The Indian government’s initiative to explore critical minerals, involving 125 new projects, marks a significant strategic move to bolster the country’s self-reliance in this crucial sector.
Transforming Payroll Across Borders: Deloitte India and Ramco Systems’ Global Vision
The collaboration aims to deliver a comprehensive payroll solution that caters to operational services, compliance, and offers a seamless user experience, extending coverage to over 150 countries through a unified platform.
ICICI Bank Unveils UPI Integration for RuPay Credit Cards: A Digital Payment Milestone
This collaboration, established in partnership with the National Payments Corporation of India (NPCI), was officially announced on December 1, 2023. The integration is a strategic move to enhance the convenience of digital transactions for ICICI Bank customers.
WorkEZ Sets Sights on Bengaluru and Coimbatore, Pledges Rs 63 Crore for Growth
This expansion will add over 4.7 lakh square feet of managed office space and mark the company’s entry into the Bengaluru and Coimbatore markets. One-third of the investment has already been deployed.
Free Forever: Discovering 2023’s Top Lifetime Fee-Free Credit Cards
The concept of lifetime free credit cards with zero annual and joining fees has become increasingly popular in 2023, especially in India. These credit cards offer various benefits without the burden of annual or joining fees.
Byju’s Battles ED Allegations: A ₹9,362 Crore Foreign Exchange Quandary
The show-cause notice involves alleged violations worth ₹9,362 crore. This amount is linked to foreign investments attracted by the company from 2011 to 2023.
Empowering Women Farmers: Walmart Foundation’s $1.2 Million Grant to Transform Rural India
The Walmart Foundation recently announced a significant grant of $1.2 million (approximately Rs 10 crore) to the Transform Rural India Foundation (TRIF). This grant is a strategic investment aimed at enhancing the livelihoods of 15,000 women rural farmers in Uttar Pradesh, India, with a focus on increasing their average base income.
Indian Railways and MNCs Collaborate to Deploy Kavach: A New Era of Train Safety
By FY26, the deployment of Kavach is expected to increase to 5,000 km per year. By March 2025, major corridors like the Delhi-Mumbai and Delhi-Howrah routes, covering about 3000 Rkm, are slated for Kavach implementation. Additionally, the railway ministry plans to create Detailed Project Reports for an additional 6000 Rkm.