MUMBAI: A recent judgment by a high court has re-emphasized the complexities of debt recovery in India, highlighting the critical role of the Insolvency and Bankruptcy Code (IBC) 2016 in addressing insolvency situations. Under this law, which governs bankruptcy cases in India, two broad categories of creditors have come to

Mumbai: In a strategic move to focus on efficient operations of its narrow-body fleet, Air India Express will reconfigure its aircraft fleet starting April 2025, removing business class seats and operating as an economy-only airline. The airline, which merged with AIX Connect (previously AirAsia India) on October 1, aims to

In a significant boost to India's aluminium exports, the election of Donald Trump as the next president of the US has turned out to be beneficial for Hindalco Industries Ltd's arm, Novelis Inc., a top executive said on Friday. Speaking at an earnings call, Satish Pai, managing director of Hindalco

A recent webinar hosted by a leading financial expert highlighted the significant risks that election outcomes can pose to financial markets, economic stability, and corporate reputation. The discussion emphasized the importance of understanding these risks and preparing for various outcomes to support stability and growth. According to a Kroll analysis,

By Our Reporter In a move that promises to revolutionize luxury air travel in the region, DAMAC Properties, one of Dubai's largest private developers, announced its plans to launch its own airline, Damac Air. According to sources close to the airline, Damac Air will offer flights to some of the

Dubai, Nov 11, 2024 - Damac Properties, a major private developer in the UAE, is all set to enter the luxury airline sector with its own carrier, Damac Air. The airline will offer flights to several popular holiday destinations, including Seychelles, Maldives, Bali, Bora Bora, Fiji, and Hawaii. In a

KARACHI -- A recent report reveals that women business correspondents (BC) excel in engaging female customers, significantly higher transaction values compared to their male counterparts. According to the report by PayNearby and Grameen Foundation for Social Impact, 66 per cent of transactions handled by women BCs are valued higher than

A recent report by PayNearby and Grameen Foundation for Social Impact has shed light on the importance of supporting women business correspondents (BCs) as they excel in engaging female customers, earning higher transaction values, and enjoying more benefits than their male counterparts. According to the report, women BCs receive 66

FAIROZKHAN SHAIKH, ALARIYAN.COM - In a move aimed at streamlining tax compliance for individuals with changing names, the government has introduced an easy-to-use online portal that allows taxpayers to update their Permanent Account Number (PAN) information without having to approach a field office. The updated process can be completed

In a move aimed at reducing confusion and errors, the Central Board of Excise and Taxation (CBEC) has announced that a taxpaying entity can only update its company name on the Goods and Services Tax (GST) portal after modifying the information in the Personal Accountability Number (PAN) database. According to

A Houston-based couple, Leena Pettigrew and Marquise, have turned their passion for indoor gardening into a thriving business that earns them nearly Rs 1.25 crore (about $148,600) in just one year. What began as an effort to add greenery to their home has evolved into a lucrative side

A Houston-based IT professional, Leena Pettigrew, has turned her passion for indoor gardening into a lucrative business that is supporting not only her family but also changing the way she works. In January 2022, Leena's journey as an Indoor Gardener began when a visit to a local store sparked an

New Delhi, Nov 11 - The benchmark stock indices Sensex and Nifty closed flat in volatile trade on Monday as foreign institutional investors (FII) sold stocks, while weak quarterly earnings from some companies led to a drop in investor sentiment. The Sensex ended unchanged at 59,345 points, while the

New Delhi: The benchmark stock markets of India ended the week flat in a see-saw trade on Monday, as investors reacted to weak quarterly earnings and disappointing trends from Asian markets. The Sensex ended at 58,099, while the Nifty closed at 17,349. The Sensex had a highly volatile

Dublin, Nov. 11, 2024 - The global green data centers market is projected to reach US$509.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.4% from 2023 to 2030, says a new report released by ResearchAndMarkets.com. The increasing demand for cloud services

Dublin, Nov. 11, 2024 (Alayaran News) - The global green data centers market is projected to grow at a CAGR of 19.4% from 2023 to 2030, reaching an estimated value of $509.6 billion by 2030, according to a new report by ResearchAndMarkets.com. The market for green data

New Delhi: In a move aimed at further solidifying its position in the financial services sector, Share India is set to focus on increasing its revenue through its retail broking division and expanding into investment products. Chairman of the company, revealed that the firm has seen significant growth in demand

In a journey marked by passion, culture, and resilience, Haramanpreet Singh has built The Punjabi Store into a thriving business that celebrates the rich traditions of Punjab. Despite having no prior business experience, Singh established his first store in Mansa, Punjab, with the help of cultural events and unwavering faith

Mumbai, [Current Date] - Since taking over as the leaders of the renowned IT hub firm, Brigade Group in 2022, sisters Pavitra and Nirupa Shankar have embarked on an extraordinary journey of growth and expansion. The group's flagship entity, Brigade Enterprises, has seen its operating revenue soar by 42% year-on-year

Dubai, UAE - In a move that signals its expansion into the aviation sector, Damac Properties has announced its foray into the luxury air travel market through its new airline, Damac Air. The carrier plans to operate flights to popular holiday destinations such as Seychelles, Maldives, Bali, Bora Bora, Fiji,

Mumbai, November 11th - External Affairs Minister Dr. S. Jaishankar said that the partnership between India and Russia will serve both countries and the world well as he addressed the India-Russia Business Forum in Mumbai on Monday. Jaishankar reiterated that the goal of reaching the target bilateral trade of USD

In a significant shift, corporate boards have moved beyond their traditional focus on compliance, embracing a new role as drivers of growth and innovation. A recent survey by Executive Access, commissioned by The Times of India, reveals this transformation. Conducted among 120 board members, the survey highlights the evolving priorities

In a remarkable rags-to-riches story, Emily Odio-Sutton, a 36-year-old mother of two, has transformed her casual side hustle from watching reality TV on her couch into a lucrative e-commerce business generating over $236,000 in revenue in 2024 alone. Odio-Sutton's journey began as a response to the demands of her

FORMER PRESIDENT TRUMP SET TO RECLAIM OFFICE: Implications for India's Economy and Diplomacy Loom Large In a stunning turn of events, former US President Donald Trump has been elected to reclaim the White House, sparking concerns about the potential implications for bilateral relations between the United States and India. As

New Delhi, November 10 - In a grand ceremony held at Vigyan Bhavan, the Maharaja Agrasen Technical Education Society (MATES) celebrated its silver jubilee, marking 25 years of contributions to education and nation-building. Honorable Vice President of India, Shri Jagdeep Dhankhar, was the chief guest of honor. Addressing the event,