Opportunity India Desk

The Insolvency and Bankruptcy Board of India (IBBI) has said that resolution plans for insolvent companies should lead to sustained value creation over the years and must involve strategies that go much beyond just “restructuring of liabilities”. The regulator also asked the powerful committee of creditors (CoC) to show great commercial wisdom while endorsing such ...

Web 3.0 is the emerging phase or the latest phase of the evolution of the internet. It is based on the concept of creating a totally decentralised ecosystem. This new technological dimension believes in leveraging the power of Artificial Intelligence, machine learning, and the latest technologies like blockchain to solve the problems of the present-day ...

Electric Vehicle making subsidiary of Olacabs, Ola electric, has announced to manufacture and launch an indigenously manufactured Electric Car in 2024. The company has organised a massive launch event, on Monday, where CEO of Ola Electric Bhavish Aggarwal announced the same. The car will have a range of up to 500 km (310 miles), and ...

The State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 20 basis points (bps) across tenures, a move that will make EMIs expensive. MCLR for one year, which is considered important as long-term loans like home loans are linked to this rate, is now at 7.70 per ...

With an aim to provided superior healthcare services to tribal and rural communities in Seppa, a town in East Kameng District of Arunachal Pradesh, an experimental trial to utilise drones was launched. The USAID-supported SAMRIDH initiative will assist Redwing Labs to provide ‘made in India’ hybrid Vertical Take-off and Landing (VTOL) drones and run end-to-end ...

India is the world’s second-largest telecommunications market. The total subscriber base, wireless subscriptions as well as wired broadband subscriptions have grown consistently. Tele-density stood at 85.91 per cent, as of December 2021, total broadband subscriptions grew to 792.1 million until December 2021 and total subscriber base stood at 1.18 billion in December 2021. Speaking of ...