Ashneer Grover, the founder of BharatPe and former Shark Tank judge, has spoken out in strong support of troubled Paytm Payments Bank, criticizing the Reserve Bank of India (RBI) for its recent actions against the bank. In an interview with Mirror Now earlier this week, Grover hailed Paytm as a trailblazer in India’s fintech landscape and emphasized its vital role in the country’s startup ecosystem. Grover labeled Paytm as the “father of...
Achieving the milestone of a $10 million agency requires more than just ambition; it demands a strategic approach, a relentless focus on quality, and a commitment to constant improvement. At Page One Power, a leading name in the SEO industry, the journey to success has been defined by key principles and practices that have shaped their trajectory over the past 13 years. 1. Setting Clear Revenue Goals: 2. Positioning and Specialization: 3....
Atos: A Giant’s Fall from Grace – What Led to Its Downfall Once a shining star in the French business world, Atos finds itself at a critical juncture today, facing plummeting share prices, mounting debt, and the looming specter of a potential break-up. Let’s delve into the factors that have contributed to the downfall of this once-prominent company, which was once a key supplier to the French nuclear industry and the Olympic...
Repercussions of Regulatory Action: Paytm Payments Bank and the Fintech Landscape In the wake of the recent regulatory action against Paytm Payments Bank (PPB), a chorus of concern has emerged from the corridors of new-age entrepreneurial ventures. These voices, representing the dynamic fintech ecosystem, have penned letters to the finance minister and the Reserve Bank of India (RBI) urging a reevaluation of the punitive measures levied against PPB. The crux of their...
Nokia India Announces Leadership Change: Sanjay Malik to Retire, Replaced by Srini Chhabra Nokia India has announced a leadership change, with Sanjay Malik retiring from his position as Head of Nokia India effective March 31, 2024. Sanjay Malik has served in this role for almost eight years. Taking over from him will be Srini Chhabra, who currently serves as the head of mobile networks and senior vice president at Nokia. Chhabra will...
Empowering India with Solar Energy: The Pradhanmantri Suryodaya Yojana The Pradhanmantri Suryodaya Yojana (PMSY) emerges as a transformative initiative poised to revolutionize India’s energy landscape. With a focus on installing rooftop solar systems in one crore households, this scheme heralds a new era of sustainable energy adoption and independence. A Strategic Move Towards Renewable Energy Goals At the heart of PMSY lies India’s national objective to transition towards non-fossil fuel sources, aligning...
ADIA’s Strategic Move: Investing in India via GIFT City In a significant development, the Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the United Arab Emirates (UAE), is poised to establish a substantial presence in India. According to sources familiar with the matter, ADIA is in the process of setting up a $4-5 billion fund to invest in India through a tax-neutral finance hub located in Gujarat, Prime Minister...
Tata Steel Advances Merger Process for Three Companies, Eyes Completion by First Quarter of Next Financial Year In a strategic move to streamline its operations, Tata Steel announced significant progress in the merger process of three remaining entities with the steel major. According to a recent exchange filing, the consolidation efforts are well underway, with the amalgamation of Bhubaneswar Power Pvt. Ltd., Angul Energy Ltd., and The Indian Steel and Wire Products...
Vaiko Urges Southern Railway to Fulfill Promises and Introduce Vande Bharat Express between Madurai and Bengaluru MDMK general secretary, Vaiko, has called upon the Southern Railway to fulfill its long-standing promise of introducing a day train between Madurai and Bengaluru. With the railways’ commitment remaining on paper for over a decade, Vaiko has submitted a memorandum to Southern Railway general manager R.N. Singh, listing demands on behalf of commuters ahead of Singh’s...
Tata Steel Abandons Amalgamation Plans with TRF, Completes Strategic Mergers with Five Companies Tata Steel has announced the abandonment of its amalgamation plans with TRF, marking a significant shift in its strategic direction. The decision was communicated to the exchanges on February 7, citing mutual agreement between both companies’ boards. This development comes amidst Tata Steel’s ongoing efforts to streamline its operations and enhance business efficiency. While the amalgamation process with TRF...
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