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New rules for direct selling industry: Govt prohibits pyramid schemes

Tupperware, Amway and Oriflame are among the key players in the direct selling industry. To protect consumers, the Centre on Tuesday banned direct selling companies like Tupperware, Amway and Oriflame from promoting pyramid or money circulation schemes, as it notified new rules for the industry to be complied with within 90 days. Now, such companies will […]

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Mukesh Ambani talks of leadership transition

Speaking at the Reliance Family Day, Mukesh Ambani said Reliance is now in the process of effecting a momentous leadership transition… Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Mr. Ambani, 64,

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Private cryptocurrencies pose immediate risks to customer protection prone to frauds: RBI

The latest report noted that the proliferation of private cryptocurrencies across the globe has sensitised regulators and governments to the associated risks. Private cryptocurrencies pose immediate risks to customer protection and are prone to frauds and extreme price volatility, given their highly speculative nature, the Reserve Bank of India (RBI) said in its financial stability

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How India’s startups are taking on the pandemic to help rural communities

Innovative business tactics and thoughtful collaborations, all powered by various technologies, saw a groundswell of social enterprise startups pivoting to work with smaller towns and villages in 2021 Krishna Reddy G lost his diabetic father to COVID-19 during the first wave. Travelling from their village to nearby Tadripati in the Anantapur district of Andhra Pradesh

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Ludhiana civic body rejects proposal to take over 18 colonies from GLADA, Real Estate News

LUDHIANA: The MC house has rejected the resolution of taking over 18 colonies and schemes from Greater Ludhiana Development Authority (GLADA) for maintenance and development purpose in the MC general house meeting on Tuesday. The proposal was dropped when some of the councillors, who represent these localities, demanded for the same while saying that Glada

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BJP welcomes real estate summit signs 39 MoUs worth nearly ₹19000 crore

Welcoming signing of 39 MoUs by the Jammu and Kashmir administration with the country’s real estate investors, the BJP on Tuesday accused the National Conference and the PDP of issuing “misleading and baseless” statements linking the “productive initiatives” with attempts to alter the demography of the union territory. The Jammu and Kashmir administration on Monday

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Ahmedabad most affordable housing market; Mumbai unaffordable: Report

The affordability index of Hyderabad stood at 29 per cent and Bengaluru 26 per cent. Ahmedabad is the most affordable housing market among eight major cities while Mumbai is unaffordable due to the high EMI to total income ratio, according to Knight Frank. According to Knight Frank’s Affordability Index 2021 report released on Wednesday, Indian

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Maruti Suzuki: As Maruti goes on a mega SUV drive next year, a key question: Has it lost the plot already?

Maruti Vitara Brezza displayed at the Auto Expo 2020 at Greater Noida on the outskirts of New Delhi on February 6, 2020. Synopsis While Maruti was engrossed in its wide range of small cars, its rivals bulked up on their SUV portfolio. With SUVs now clocking exponential growth, India’s No.1 carmaker has decided to play

Maruti Suzuki: As Maruti goes on a mega SUV drive next year, a key question: Has it lost the plot already? Read More »

IREDA, THDCIL sign pact for green energy collaborations

The Indian Renewable Energy Development Agency Ltd (IREDA) has entered into a pact with THDC India Ltd (THDCIL), under which it will provide techno-financial expertise in developing renewable energy projects. Both the entities have signed a Memorandum of Understanding (MoU) to this effect. Under the MoU, IREDA will undertake techno-financial due diligence of renewable energy

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