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Detailed stories on technology startups, business and economic current affairs.
Notification issued by MCA exempts such assets to better align with global treaty protecting lessors’ rights to repossess high-value equipment in cases of default.

The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
Lenders stand to gain a lot more than borrowers in the current challenging market environment