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Competition Commission okays IFC s acquisition of Northern Arc shares

The Competition Commission of India (CCI) has approved the acquisition of compulsorily convertible preference shares in Northern Arc Capital Limited by the World Bank s International Finance Corporation (IFC).

Byju s delays March salary as funds remain stuck, hopes to pay by 8th April

Embattled edtech company Byju s has once again delayed salaries for thousands of its employees for the second successive month, saying that a few misguided foreign investors obtained an interim order in late February which restricted usage of the funds raised through the rights issue.

PM Lauds RBI, Says India Must Become Financially Aatmanirbhar in 10 Years

Over the next 10 years, India must strive to become a financially Atmanirbhar economy that is shielded from all global events and continues to march ahead confidently for progress and development, Prime Minister, Narendra Modi, said on Monday.

Safeguards must be established to prevent abuse of AI: CJI DY Chandrachud

Chief Justice of India (CJI) D.Y. Chandrachud on Monday said that adequate safeguards must be established to prevent abuse of AI (Artificial Intelligence) and other advanced technologies.

Aditya Birla Fashion to demerge Madura Fashion into separate listed entity

The Board of Directors of Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday authorised the management of the company to evaluate the vertical demerger of the Madura Fashion & Lifestyle business from the ABFRL into a separate listed company.

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