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Detailed stories on technology startups, business and economic current affairs.
The Prem Watsa-backed firm has come to the rescue of the gold-loan provider after the central bank’s action triggered liquidity concerns among investors and lenders.

While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
The FMCG major acquired the maker of Ching’s Secret to make the most of its high margins, but things didn’t go to plan. Two years and a few lessons later, TCPL is trying to change that.
Despite a diversification push, over half its revenue continues to come from the volatile and highly regulated equity derivatives segment.