A peek into PhonePe's mega expansion plan



This year, PhonePe is focussed on bringing more partners across categories, including travel, commute, food, hyper-local, retail and entertainment on the platform.



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Why Kanpur leather industry is shifting to Kolkata



Closure of tanneries pulls down domestic finished leather exports and local price of raw-skin.



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Why bank chiefs are worried about their pay structure



The RBI wants to include shares and options within the variable salary of the CEOs, proposed to be capped at 200 per cent of their fixed salary; the floor for it is 50 per cent.



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Why benchmark rate for bank loans is still an illusion



None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.



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From carmakers to buyers, hybrids are slowing gaining ground



The trend is expected to gain momentum as global vehicle makers in India, particularly from Japan, ride on hybrids to meet the more stringent fuel efficiency norms that take effect in 2022.



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Bidding norms under SHAKTI-II coal auction raise concern



Earlier bidders in the SHAKTI auction were finding it difficult to meet their PPA obligations owing to shortfall in coal supply. The industry lobby has urged the Centre to review the guidelines and allow former participants as well.



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Is the much-touted Bhavantar project a disaster?



Allegations abound that traders milked the scheme to artificially keep prices down, while a significant amount of growers didn’t even register owing to multiple difficulties in registration and were deprived of the payout.



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Why India's insolvency law lacks bite



Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.



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Hike messenger dumps one-app-fits-all approach



Multi apps will be designed by taking core parts of the Hike product and remoulding them into creating new apps, each delivering one service — Social and Messaging in one and Content in another, report Patanjali Pahwa and Karan Choudhury.



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