Kundan Shahi first built LegalPay, a startup that finances litigation, in late 2019, before stumbling upon a different kind of distress: consumer debt. As unsecured personal loans and ‘buy now, pay later’ credit spread, he began noticing a new kind of client in 2021—borrowers with loans stacked across multiple lenders, slipping into delinquency after covid-era…
India’s telecom regulator has cleared the way for the next spectrum auction by putting airwaves worth over ₹2 trillion on the block, while recommending steep cuts in reserve prices to improve participation from cash-strained operators. The Telecom Regulatory Authority of India (Trai) has recommended up to a 20-30% reduction in reserve price for the spectrum…
Spectrum auction: The Telecom Regulatory Authority of India (TRAI) on Tuesday, 24 February 2026, released a list of reserve prices, band plans, among other key details for the upcoming spectrum auction of the International Mobile Telecommunications (IMT) network, according to an official release. “The Telecom Regulatory Authority of India (TRAI) has today released Recommendations on…
India’s technology sector is expected to grow 6.1% to $315 billion revenue in the ongoing fiscal year and remain around that level next fiscal, driven by artificial intelligence-led services as well as business at global capacity centres, an industry body said on Tuesday. Nasscom raised last fiscal year’s revenue for the sector to $297 billion…
While the draft guidelines dwell on various dubious selling practices, they don’t detail the specific checks and balances banks would need to maintain, or the penalties they would incur if for failing to do so. For now, it’s business as usual. However, if the RBI specifies these details, the life insurance industry could end up…
According to media consulting firm Ormax, the list of top 10 most-watched OTT properties in India for the week ended 8 February included titles originally made for TV such as Naagin season seven on JioHotstar (4.5 million views), Taarak Mehta Ka Ooltah Chashmah on YouTube and SonyLIV (3.8 million views) and Pati Brahmachari on the…
Selva’s decision reflects a broader rethink among specialized tech hands. From the Indian Institutes of Technology (IITs) to tier-II colleges, generations of engineers built their dreams around a US visa, a job in Silicon Valley, and the promise of global success. For decades, that journey shaped careers, secured families, and turned India into the world’s…
Luxury home sales worth ₹10 crore and above in Gurugram increased 80 per cent last year to ₹24,120 crore, driven by higher volumes and price rises, PTI reported, citing a report. India Sotheby’s International Realty (ISIR), a real estate advisory firm, and data analytics firm CRE Matrix released a report on Gurugram’s primary (first sale)…
Shares of IDFC First Bank tumbled as much as 20% on Monday after the lender disclosed over the weekend that a ₹590-crore fraud had occurred at its Chandigarh branch involving Haryana government-linked accounts, prompting the Reserve Bank of India to step in with assurances that there was no systemic risk. The stock fell sharply in…
This evolution of loyalty programmes from simple free-night incentives to a core revenue strategy aims to capitalize on a growing consumer base. Major chains report that members now account for the majority of occupied room nights, with loyalty points increasingly serving as a versatile currency for everything from flights to cricket tournament tickets. In January…