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Bank of Maharashtra aims to resolve 20-25 stressed MSME loans under pre-packaged resolution process

Leave a Comment / BUSINESS, Economy /

A senior bank official said that State-Bank of Maharashtra is trying to resolve 20-25 stressed micro, small and medium enterprise (MSME) accounts under the pre-packaged insolvency resolution process.Earlier this month, the government amended the insolvency law to begin a pre-packaged insolvency resolution process for stressed MSMEs. Under a pre-packaged process, key stakeholders such as creditors …

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Mamta Banerjee defeated BJP’s Suvendu Adikari in Nandigram in the initial count : West Bengal Election Results 2021

Leave a Comment / Breaking News, National /

Mamata Banerjee is trailing in early trends in Nandigram, Bengal, where her BJP rival is her former trusted Suvendu Adhikari.Mamta Banerjee is close to 5,000 votes behind Suvendu Adhikari, whose defeat in the BJP has led to the defeat of the Trinamool. Also read : Election Results 2021 LIVE Updates: Neck fight in Bengal, Assam; …

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People blessed us, BJP to gain power in Assam: Sarbananda Sonowal

Leave a Comment / National /

Encouraged by the initial trends in Assam’s election results, which showed that the BJP was ahead of its rivals, Chief Minister Sarbananda Sonowal on Sunday exuded confidence that the saffron party-led coalition would retain power in the state.The ruling BJP-led NDA is overtaking the Congress-led grand alliance in Assam, ahead of 77 of the 119 …

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Assembly Election Results 2021: DMK in Tamil Nadu so far halfway, BJP starts in Assam

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The opposition DMK-Congress alliance has crossed the halfway mark in the 234-member Tamil Nadu assembly. DMK and its allies are leading in 139 seats, ruling AIDMK on 96 seats. Are headed for 224 seats. The halfway mark is at 128.The DMK has not been in power in the state for a decade, and this time …

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Crude palm oil futures fell 0.72% to Rs 1,198 per 10 kg in evening trade

Leave a Comment / BUSINESS, Commodity /

Crude palm oil futures fell to Rs 1,198 per 10 kg on 26 April as participants trimmed open interest figures according to their interest. Malaysian palm oil futures dropped 0.84 percent to 3,894 ringgits on Bursa Malaysia Bhad. Crude palm oil traded in negative territory after a lapse in the evening session.Agri commodities have been …

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Byju raises $ 460 million in recent investments; estimates rise to $ 13 billion

2 Comments / BUSINESS /

Edtech Byju’s start-up raised $ 460 million in the latest round of Series F funding, taking $ 1 billion from FY21. The latest financial cycle was led by MC Global Edtech Investment Holdings LP. A total of 140,233 Series F CCPS (compulsory optional shares) with a face value of Rs 10 and a premium of …

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This week in first aid: startups witnessing Seed and Series A deal

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After a few weeks full of multi-billion dollar power for startups, funding has been received this week. While there was activity in the early stages, there were not many deals taking place in previous stages, according to data shared by Trackxn retailers of deals.First of all, India’s online teaching platform Teach Mint has raised $ …

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The rise in the price of Bitcoin is more than $ 60,000 and when it comes to reduced supply

2 Comments / BUSINESS, Finance /

Bitcoin rose more than $ 60,000 to close to a high level over the weekend, came out on a solid two-week basis and was driven by a series of limited objections against the evidence of broad acceptance. The world’s largest known cryptocurrency reached $ 61,222.22 on Saturday, the highest for almost a month. It was …

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