RBI may allow urban co-operative banks to issue Special Share Certificates without voting rights
Business

RBI may allow urban co-operative banks to issue Special Share Certificates without voting rights

[ad_1] As per the RBI’s Discussion Paper (DP) on Capital Raising Avenues for UCBs, which is based on the Report of the Expert Committee on

TRAI sets Satcom spectrum fee at 4% of revenues, extra ₹500 for urban users
Business

TRAI sets Satcom spectrum fee at 4% of revenues, extra ₹500 for urban users

[ad_1]  Starlink, which recently received a Letter of Intent to begin operations, is partnering with Jio and Airtel to enter the Indian market.  Telecom regulator

Rural demand continued to outpace urban demand for FMCG industry in March quarter
Business

Rural demand continued to outpace urban demand for FMCG industry in March quarter

[ad_1] FMCG companies saw rural demand recovery trends while urban consumption continued to be sluggish impacting revenue growth in the March quarter. Companies such as

Starbucks CEO bullish on India’s Café market amid urban slowdown
Business

Starbucks CEO bullish on India’s Café market amid urban slowdown

[ad_1] Sushant Dash, CEO, Tata Starbucks Despite a slowdown in India’s FMCG sector, and subdued urban consumption, Tata Starbucks CEO, Sushant Dash remains optimistic about

More urban women in salaried jobs, less work as household helps
Business

More urban women in salaried jobs, less work as household helps

[ad_1] The latest Periodic Labour Force Survey (PLFS) data highlights a notable shift in women’s employment. More women are moving into formal, salaried jobs and

Nikhil Kamath’s Gruhas and Brigade Group launch ₹200 cr Earth Fund for real-estate, urban innovation
Business

Nikhil Kamath’s Gruhas and Brigade Group launch ₹200 cr Earth Fund for real-estate, urban innovation

[ad_1] Real estate player Brigade Group and venture investment firm Gruhas have launched a ₹200 crore SEBI-registered Category-II Alternative Investment Fund (AIF), the Earth Fund,

Low fund utilisation plagues Housing and Urban Affairs Ministry
Business

Low fund utilisation plagues Housing and Urban Affairs Ministry

[ad_1] India’s Ministry of Housing and Urban Affairs (MoHUA) has not been able to make requisite spending across projects and fund utilisation. Just about 50

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