India’s wealthy investors turn to crypto assets as traditional markets stagnate
Wealthy Indians are showing increased interest in crypto assets. They see limited growth potential in traditional investments. High-net-worth individuals and family offices are allocating funds to digital currencies. Bitcoin has reached record highs. Investors are seeking alternatives due to expensive stocks and volatile bonds. Crypto exchanges like CoinDCX are witnessing significant trading volumes from large […]
ICICI Bank challenges MIAL’s Rs 3,240 crore rights issue over contractual violations
ICICI Bank has challenged Mumbai International Airport’s (MIAL) proposed rights issue, citing violations of prior agreements and potential dilution of lender interests. The bank’s suit in Bombay High Court argues the issue breaches terms that protect pledged equity against dilution without consent. This dispute arises from loans secured by a stake in MIAL, now threatened […]