Here are the new government efforts to help small businesses

My oh my! Since the passage of the American Rescue Plan signed into law by President Joe Biden on March 11, there are lots of new benefits and government support for small businesses. There have been changes to the Paycheck Protection Program (PPP) and new funds made available for restaurants and companies that are in the business of providing live […]

Read more

Max Group sells 13% stake in life insurer Max Life to Axis Bank

Lender to be insurer’s co-promoter Diversified Max Group has sold a 13% stake in Max Life Insurance Company to the country’s third largest private sector lender Axis Bank, which will now be a co-promoter of the insurer. The completion of the deal comes more than a year after Max Financial Services and Axis Bank announced their intent to have a […]

Read more

Govt amends insolvency law; introduces pre-packaged resolution process for MSMEs

An ordinance was promulgated to amend the Insolvency and Bankruptcy Code (IBC) on April 4, according to a notification The government has amended the insolvency law to provide for a pre-packaged resolution process for micro, small and medium enterprises. An ordinance was promulgated to amend the Insolvency and Bankruptcy Code (IBC) on April 4, according to a notification. The latest […]

Read more

‘Global shortage may inflate monitor, flat screen prices’

Stay-at-home economy triggered deficit: Acer’s Goyal A worldwide shortage of monitors, flat TV screens, interactive panels, projector displays and other such devices may push up prices of display products globally by 10-20% in the next three to four months, as per BenQ India. “A serious shortage of display products is currently being felt across the globe as demand for such […]

Read more

Ex-Energy Sec. Brouillette: Biden's pipeline problem goes from bad to worse with Nord Stream 2 vs. Keystone

Former energy secretary predicts gallon of gas rises to at least $4 under Biden Former Energy Secretary Dan Brouillette provides insight into energy, infrastructure and a carbon tax under the Biden administration. Just two months into the Biden presidency and we are witnessing a remarkable juxtaposition on the issue of energy security that could have profound and serious implications both […]

Read more

Airtel Africa to sell 1,424 towers to Helios for $119 million

Airtel Africa will sell 1,424 towers in Madagascar and Malawi to Helios Towers for $119 million, Bharti Airtel said in a regulatory filing. The two companies have also entered into agreement for tower assets in Chad and Gabon but particulars of the deal were not disclosed. “Airtel Africa today (on Tuesday) announces the signing of agreements to sell its telecommunications […]

Read more

Texas Power Retailer Griddy Heads Toward Bankruptcy Filing: WSJ

Fox Business Flash top headlines for March 12 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Upstart Texas power retailer Griddy Energy LLC, devoid of customers and facing litigation after charging hefty amounts during the winter freeze that swept the state last month, is planning to file for bankruptcy, people familiar with the matter said. […]

Read more

Life insurance firms’ new business rose 21% in Feb.

LIC led the pack with 24% increase Life insurers have reported a 21% rise in new business, or the first-year premium, for February, bolstered by market leader LIC’s good show as it returned to the positive zone since November. The first year premium of the 24 insurers stood at ₹22,425.21 crore. LIC saw a 24.18% rise in the first year […]

Read more
1 2 3 19