India currently has SPRs totalling 5.33 mmt at Visakhapatnam (1.33 mmt), Mangaluru (1.5 mmt) and Padur (2.5 mmt) that were built by state-run Engineers India Ltd. Expansion plans in phase II include a 4 mmt reserve at Chandikhol in Odisha. In addition, India plans to build new SPRs at six proposed locations to draw down…
The goal is to keep audiences engaged even when they aren’t watching a particular show or film, and extend a viewer’s journey on the app beyond passive watching. Entertainment industry experts say the move also helps explore a new category of intellectual properties (IP) that can be monetized by these platforms in the long term….
The conflicting goals of the Prevention of Money Laundering Act (PMLA), a statute to check illicit financial flows and proceeds of crime, and the IBC, a commercial law for the timely resolution of financial distress in companies, have led to several litigations in the past, creating uncertainty for lenders and investors. The issue has been…
High tariffs on India announced last month are likely to put pressure on the margins of companies in these sectors and squeeze revenue. Investment bankers, corporate consultants and lawyers told Mint companies with huge numbers of customers in the US were most likely to speed up their expansion plans there. Sample this: Raft Garments, a…
India’s campus job market is rebounding, with companies expecting to hire more students and offer slightly better compensation this year, according to a new report from professional services firm Aon. Aon’s annual Campus Study 2025 surveyed over 220 organizations and found a clear recovery in hiring sentiment after a difficult 2024 season. Last year, many…
The Reserve Bank on Monday issued directions to regulate payment aggregators, which came into effect immediately. As per the Reserve Bank of India (Regulation of Payment Aggregators) Directions, 2025, payments aggregators are categorised into three categories as per the work they undertake. These categories include PA-P for physical PAs; PA-CB for cross-border and PA-O for…
Miles from the well-trodden path and cannot connect to your mobile network? Lost signal may soon be mobile history, with the government planning to insist that telcos ensure actual coverage, and just erect cellular towers. As part of their service obligations, telcos may soon be required to ensure actual, usable mobile coverage—particularly along highways, railway…
Bankers say rising cases of dormant accounts being misused as mule accounts are keeping lenders on their toes. Mule accounts act as conduits for sending and receiving funds that do not belong to the account holder. They usually remain dormant but can see a sudden spurt in low-value, high-volume transactions. Over 700 bank branches across…
India earmarks ₹5,000 crore loan support to boost domestic shipbuilding ₹25,000 crore Maritime Development Fund, which will be modelled on India’s youngest development finance institution. On agenda: Lift India to be among the top 5 ship-owning nations globally by 2047.”/> Source link
Film production house Nadiadwala Grandson Entertainment (NGE) has filed a legal complaint against social media influencers accused of demanding money for positive reviews and threatening negative publicity if not paid. The company’s legal counsel, Ravi Suryawanshi of Bar and Brief Attorneys, said NGE has submitted call recordings and other documents to investigative agencies, seeking action…