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Insolvency Plea Can't Be Dismissed On Fraud Claims Without Proof: NCLT Ahmedabad

Gandhinagar, Dec. 10 -- The National Company Law Tribunal (NCLT), Ahmedabad, has held that an insolvency application cannot be dismissed merely on allegations of fraud or malicious intent unless suppo... Read More


Over 99% Of Indian Villages Covered By Banking Outlets: Finance Ministry

New Delhi, Dec. 10 -- The country has achieved significant progress in financial inclusion, with 99.91 percent of villages now having access to banking outlets, including bank branches, business corre... Read More


Domestic Vehicle Sales Jump Over 40 Lakh Units Following GST Reduction

New Delhi, Dec. 10 -- The reduction in Goods and Services Tax (GST) on automobiles and transportation equipment has led to a significant increase in domestic vehicle sales, according to a statement by... Read More


RBI Pushes For Rural Credit Scoring To Strengthen Formal Finance Access

New Delhi, Dec. 10 -- The Reserve Bank of India (RBI) has clarified that it does not prescribe a minimum credit score for sanctioning loans by banks and other regulated entities. Minister of State fo... Read More


Used Vehicle Financing To Drive NBFC Vehicle Loan Portfolio To Rs 11 Lakh Crore: Crisil

New Delhi, Dec. 10 -- With Indian economy growing at healthy pace in the current fiscal 2025-26 and expected to continue its momentum in the next financial year too, vehicle loans portfolio of non-ban... Read More


Microsoft To Invest $17.5 Billion To Expand India's AI And Cloud Ecosystem

New Delhi, Dec. 10 -- India is set to take a major leap in its artificial intelligence journey as global tech major Microsoft has announced a USD 17.5 billion investment over four years (CY 2026-2029)... Read More


TVS Industrial & Logistics Parks Signs MoU with Telangana Govt For Industrial Park

Hyderabad, Dec. 10 -- TVS Industrial & Logistics Parks (TVS ILP) on Wednesday said it has signed a Memorandum of Understanding (MoU) with the Government of Telangana to acquire 20 acres of land to dev... Read More


24 Statups Approved Under GREAT Scheme, Says MoS Textiles

New Delhi, Dec. 9 -- Minister of State (MoS) for Textiles Pabitra Margherita on Tuesday said that as many as 24 startups have been approved under Grant for Research and Entrepreneurship across Aspirin... Read More


24 Startups Approved Under GREAT Scheme, Says MoS Textiles

New Delhi, Dec. 9 -- Minister of State (MoS) for Textiles Pabitra Margherita on Tuesday said that as many as 24 startups have been approved under Grant for Research and Entrepreneurship across Aspirin... Read More


Govt Approves 25 Road Projects Under PM-JANMAN In Tripura To Boost Tribal Development

Agartala, Dec. 9 -- The Ministry of Rural Development has approved 25 road projects totalling 65.38 km under the Road Connectivity component of the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (P... Read More