Vikas

Vikas is a travel enthusiast who likes exploring nature and historical sites along with a keen interest in technology, sports, and marketing. He vouch to provide informative and engaging content for his fellow readers to enlighten them with his words.
Entrepreneurs Of The Year 2024: Visionaries Leading India’s Entrepreneurial Revolution

Entrepreneurs Of The Year 2024: Visionaries Leading India’s Entrepreneurial Revolution

The world currently has the largest number of entrepreneurs. According to the latest data from 2024, the entrepreneurial spirit has reached new heights. As of April 2024, over 127 thousand startups have been officially recognised by India’s Department for Promotion of Industry and Internal Trade (DPIIT). This number is indicative of the country’s vibrant entrepreneurial…

SBI’s New ‘Amrit Vrishti’ Plan: Is It A Risky Bet?

SBI’s New ‘Amrit Vrishti’ Plan: Is It A Risky Bet?

India’s largest bank, SBI, has launched one of its highest interest rates, bearing FD: Amrit Vishti. According to the bank, the FD will offer an interest rate of 7.25% on deposits for 444 days and is open for domestic and non-resident Indian customers. They added that the interest rate for senior citizens will increase by…

RBI’s Clampdown on ECL Finance and Edelweiss ARC

RBI’s Clampdown on ECL Finance and Edelweiss ARC

In a decisive move to uphold regulatory compliance and safeguard the financial system’s integrity, the Reserve Bank of India (RBI) imposed severe business restrictions on two entities of the Edelweiss Group: ECL Finance (ECL) and Edelweiss Asset Reconstruction Company Limited (EARCL). Effective May 29, 2024, the RBI’s supervisory action is a response to material supervisory…

Inside the Hedge Fund’s Dark Scheme Against Adani

Inside the Hedge Fund’s Dark Scheme Against Adani

In light of recent events, SEBI (Security Exchange Board of India) released a shocking revelation regarding the Hindenburg report on Adani Entreprises. In its report, the regulator mentioned that the US-based research firm Hindenburg made a profit-sharing deal with Kingdon Capital Management LLC to share research reports before making them public. Ultimately, this resulted in…

Discovery of the Missing Link 

Discovery of the Missing Link 

On 4th July 2012, the Higgs boson particle was discovered by researchers at the European Organization for Nuclear Research, commonly known as CERN, in Switzerland.  On the specified date, the ATLAS and CMS experiments at CERN independently announced the observation of a new particle in the mass region of approximately 125 GeV, consistent with the…

General Election Result, Good Or Bad For Economy?

General Election Result, Good Or Bad For Economy?

The general elections of the biggest democracy in the world, India, have commenced, and the BJP-led NDA (National Democratic Alliance)  has successfully gained the majority to hold power for the third consecutive time. PM Modi is the only national leader other than Jawaharlal Nehru to become the nation’s prime minister thrice. However, the uncertainty in…

Zomato Faces Massive ₹9.45 Crore GST Demand Notice

Zomato Faces Massive ₹9.45 Crore GST Demand Notice

As per the BSE exchange filing, on June 30, Karnataka’s Assistant Commissioner of Commercial Taxes issued a GST demand notice to Zomato for Rs. 9.45 crore, including interest and penalty.  The company’s exchange filing mentions, “This is to inform that the company has received an order for FY 2019-20 pursuant to the audit of GST…

Countdown to 5G: Spectrum Auction Kicks Off on June 25th

Countdown to 5G: Spectrum Auction Kicks Off on June 25th

The government’s decision to reopen the auction for the 5G spectrum, valued at a staggering 96,000 crores, on June 25th is a significant event for the telecom industry. Major players like Reliance Jio, Bharti Airtel, and Vodafone Idea have already begun submitting their bids for crucial radio frequencies that will be the backbone of their…

Adani’s Ambitious $100 Billion Green Energy Vision

Adani’s Ambitious $100 Billion Green Energy Vision

In the ‘Infrastructure – the Catalyst for India’s Future’ event of Crisil, the chairman of Adani Group, Gautam Adani, made remarks about the 1991 reforms and the current governance of India. He further shared his plans to invest $100 billion in the energy transition in the coming decade.  Mr Adani mentioned at the conference, “The…

Axicades To Deliver Drone Systems To The Indian Army

Axicades To Deliver Drone Systems To The Indian Army

Axicades, a prominent player in the C-UAV sector, is all set to supply the Indian Army with a cutting-edge drone system. This significant deal, valued at Rs. 100 crores, will equip the Indian Army with MPCDS ((Man Portable Counter Drone Systems) drone technology for the first time, potentially enhancing their operational capabilities. Axicades developed the…