The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
City Union Bank (CUB) and Shriram General Insurance inked an agreement in a corporate set-up to offer Shriram General Insurance's insurance products through its network of 727 offices throughout India.
The Unique Identification Authority of India (UIDAI) has launched the 'Aadhaar Face RD' app to enable Aadhaar cardholders to authenticate their unique 12-digit identity number using face.
Twitter has hired a top law firm to charge legal action against Tesla and SpaceX CEO Elon Musk on his decision to terminate the $44 billion takeover deal.