Goa's ex-CM indicted in financial scam

A judicial commission has indicted Goa's former chief minister Luizinho Faleiro in a financial racket involving Rs 100 crore.Faleiro, who is the state Congress president, has dismissed the findings......

Spicejet plans to raise over Rs 3,200 cr via debt, equity

Cash-strapped domestic carrier Spicejet plans to raise Rs 3,200 crore through QIP, warrants and capital infusion by the promoter, the airline said in a presentation on Friday. Photograph: Amit......

Fintechs boost hiring, strengthen leadership

In the backdrop of the crisis brewing at Paytm Payments Bank, major fintech companies are ramping up their workforce and inducting new faces in their leadership teams, industry sources said on......

Reliance to invest in Abu Dhabi petrochemical hub

Billionaire Mukesh Ambani's Reliance Industries has signed a pact to invest an undisclosed amount in a giant petrochemical hub being built in the UAE. The oil-to-telecom conglomerate will join the......

A Maharashtra village's cashless dream goes bust

The government started promoting cashless transactions but forgot that it needs infrastructure. Illustration: Uttam Ghosh/Rediff.com Dhasai, Maharashtra’s first and only cashless village, no......