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Rosmerta Digital seeks initiation of insolvency proceedings against Ola Electric’s subsidiary

Rosmerta Digital seeks initiation of insolvency proceedings against Ola Electric’s subsidiary

Posted by By newsportaltoday March 16, 2025
Representative image | Photo Credit: Reuters Ola Electric Mobility Ltd on Saturday (March 15, 2025) said its vehicle registration service provider Rosmerta Digital Services Ltd has sought the initiation of…
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IndusInd Bank’s financial health remains stable: RBI

IndusInd Bank’s financial health remains stable: RBI

Posted by By newsportaltoday March 15, 2025
IndusInd Bank was well-capitalised and the financial position of the bank remained satisfactory, the RBI said in a statement. File | Photo Credit: Reuters Amid speculations relating to IndusInd Bank…
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Bank unions firm on March 24-25 strike as talks with IBA fail

Bank unions firm on March 24-25 strike as talks with IBA fail

Posted by By newsportaltoday March 14, 2025
Image used for representative purpose only. | Photo Credit: C.V. Subrahmanyam The United Forum of Bank Unions (UFBU) on Thursday (March 13, 2025) said its two-day nationwide strike on March…
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A $1 trillion jolt: Selloff in Indian stocks burns retail investors, fans economic risks

A $1 trillion jolt: Selloff in Indian stocks burns retail investors, fans economic risks

Posted by By newsportaltoday March 13, 2025
As India's longest equity slump in nearly three decades wipes out roughly $1 trillion in market capitalization, the major blow to retail investors is denting consumer spending and threatening to…
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Pakistan pauses rate cuts, but likely not for long

Pakistan pauses rate cuts, but likely not for long

Posted by By newsportaltoday March 12, 2025
With inflation cooling, Pakistan's central bank hit pause on its multiple rounds of monetary easing that might have risked destabilising its currency or worsening the trade deficit.Economists said the government…
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Japan firms must get used to reverse break-up fees after Nippon Steel’s $565 million blow

Japan firms must get used to reverse break-up fees after Nippon Steel’s $565 million blow

Posted by By newsportaltoday March 11, 2025
Japanese suitors face a heightened chance of U.S. targets baking in hefty termination fees to protect against a deal collapsing due to regulatory or political reasons, following Nippon Steel's stranded…
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