Budget 2025-26: Assocham seeks further ease of doing biz, credit flow for MSMEs

IANS | December 30, 2024 1:20 PM

New Delhi, Dec 30 (IANS) In order to further empower micro, small and medium enterprises (MSMEs) and ensure ease of doing business, there is a need to establish integrated infrastructure townships and universities to promote skill development and entrepreneurship training as well as to foster growth within the sector, Assocham said on Monday.

Ola Electric’s stock down 3 pc after fresh high-level exits

IANS | December 30, 2024 10:43 AM

New Delhi, Dec 30 (IANS) The share of Ola Electric fell around 3 per cent on Monday after some fresh high-level exits at the company, including its Chief Marketing Officer Anshul Khandelwal and Suvonil Chatterjee, Chief Technology and Product Officer.

Indian share market opens lower, Nifty below 23,800

IANS | December 30, 2024 9:40 AM

Mumbai, Dec 30 (IANS) The Indian stock market opened lower on Monday as selling was seen in the auto, IT, PSU bank, financial service, FMCG, media, energy and metal sectors on Nifty in early trade.

Navi Mumbai International Airport to be world-class 'Gateway to Goodness': Jeet Adani

IANS | December 29, 2024 8:00 PM

Mumbai, Dec 29 (IANS) Jeet Adani, Director, Airports of the Adani Group, on Sunday, hailed the pivotal landmark of Navi Mumbai International Airport (NMIA) successfully carrying out its first commercial validation flight with the touchdown of an IndiGo Airlines A 320 plane, paving the way for the greenfield airport to become operational in early 2025.

IBC speeded up recovery of Rs 10.22 lakh crore from defaulting firms: Govt

IANS | December 29, 2024 6:37 PM

New Delhi, Dec 29 (IANS) As many as 28,818 applications for initiation of the Corporate Insolvency Resolution Process (CIRP), having an underlying default of Rs. 10.22 lakh crore, were resolved before their admission till March 2024 due to the behavioural change in debtor-creditor relationship effectuated by the Insolvency and Bankruptcy Code (IBC), according to the Ministry of Corporate Affairs' year-end review