Opportunity India Desk

The Reserve Bank of India has allowed the Piramal Enterprises to start non-banking finance company (NBFC) operations. The bank has provided it a licence for initiating an NBFC but not accepting public deposits. “The RBI has granted a certificate of registration to the company to commence the business of non-banking financial institution without accepting ...

The Enforcement Directorate (ED) said to Delhi High Court that the Chinese smartphone manufacturer Vivo Mobile India has indulged in the “heinous economic offence” of money laundering to destabilise the financial system and challenge the integrity and sovereignty of the country while stating that due process of law has been followed while investigating the case ...

Union Minister for commerce and industry Piyush Goyal said that the reservation policy will not take the country further and companies should aspire to have as many as 50 per cent female directors on their boards. “Unless we set ambitious goals, we are not going to achieve much. We should be aspiring for 50% of ...

Moto Business Service India or MBSI, a vehicle rental company backed by Yamaha, has announced its foray into the Eelectric vehicle industry for two and three-wheeler asset management services. To do so, the company has announced its partnership with Fullfily, a Chennai-based EV vehicle company for last mile delivery services. The two firms began their collaboration ...

The majority of consumers have shown displeasure with the Delhi High Court’s stay on the recent guidelines issued by the Central Consumer Protection Authority (CCPA) prohibiting restaurants and hotels from levying service charge on food bills, a survey by LocalCircles said. Asked about their approach when visiting any restaurant, 70 per cent respondents ...

eBikeGo, an electric bike startup, announced that it will establish a manufacturing facility for its Muvi and Velocipedo electric vehicle brands through its subsidiary Vajram Electric. According to eBikeGo, the facility will develop powertrains as well as multiple product portfolios for both domestic and foreign markets. According to the company, Vajram Electric is a specific ...