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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.

2026 is on track to be the second-highest year ever for dealmaking in the MENA region.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.