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Business / DNA India

How Asset Reconstruction Companies (ARCs) Circumvent Regulations with the Help of 'White Knights'

The spotlight is on practices where defaulting promoters, under the guise of new investors known as White Knights, re-enter projects through settlements orchestrated by ARCs.

19 May 2024 11:11 pm
Narayana Murthy's daughter Akshata Murty earns Rs 110 crore more than UK PM Rishi Sunak, their net worth is...

The couple have yet again been named among the wealthiest people in the UK.

19 May 2024 8:07 pm
Anil Ambani's debt-ridden Reliance seeks more time from RBI to transfer assets to its 'buyer'

Reliance Capital had a debt of over Rs 40,000 crore, and four applicants had initially bid with resolution plans.

19 May 2024 5:27 pm
Meet man, an Indian, whose family topped list of richest people in the UK with net worth of...

His family's wealth soared by about 2.196 billion (Rs 23160 crore) in 2024.

19 May 2024 4:17 pm
Meet man who once couldn't afford to pay his school fees, now has Rs 10000 crore net worth, he is...

Many have been inspired by the incredible success story of Syed Mokhtar Al-Bukhary.

19 May 2024 12:54 pm
Meet Indian self-made woman who was once a school teacher, built Rs 330 crore company, not from IIT, IIM, she owns...

One such inspiring story is of Prerna Jhunjhunwala, an Indian entrepreneur who owns a preschool in Singapore.

19 May 2024 10:49 am
Meet daughter of billionaire with Rs 23323 crore net worth, who leads Rs 30700 crore company, her father is...

Farah Malik Bhanji is the daughter of billionaire Rafique Malik who is the Chairman of Metro Brands. As of now, Rafique Malik holds a massive net worth of approximately $2.8 billion (Rs 23323 crore approximately).

18 May 2024 11:03 pm
Meet IIT graduate, who sold his company toFlipkart, owns India's largest fitness brand, hisnetworth...

Mukesh Bansal, without a doubt one of the country's most prosperous serial entrepreneur, founded companies with a market valuation of more than Rs 18000 crore.

18 May 2024 7:18 pm
18 May 2024 8:15 am
Meet man who once worked for Rs 90 per month, now runs Rs 5000 crore company, his business is...

Chandubhai Virani borrowed Rs 1.5 lakh as a loan from a bank and opened the first factory for his potato wafer business in 1982.

18 May 2024 6:30 am
Reversedo, An Advanced Forex Trading Robot to Improve Market Predictions is Launched

Avenix Fzco is a forward-thinking company based in Dubai, UAE, dedicated to developing innovative solutions for the financial trading sector.

17 May 2024 9:57 pm
Success in share market through birth chart

Share trading is undoubtedly attractive but also proves the theory of riches to rags stories both ways.

17 May 2024 9:53 pm
Viaan Kapoor: The Humble Visionary Behind the Scenes

Although Viaan Kapoor might present a simple and humble persona in public, his roots reveal a much more intricate background.

17 May 2024 9:46 pm
Ultra Short Duration Funds: Liquidity meets returns in the ultra-short term.

Investing can often feel like trying to learn a new language, especially with all the jargon and complex concepts thrown your way. But don't worry; we're here to make things simple.

17 May 2024 9:45 pm
Meet one of India's richest woman who built Rs 8300 crore company with just Rs 200000, her net worth is...

Forest Essentials is a testament to Mira's tenacity and acumen as an entrepreneur today.

17 May 2024 6:58 pm
Mukesh Ambani gets thumbs up for massive Rs 703520000000 business, NCLT approves plan to...

The new entity will be spearheaded by Mukesh Ambani's wife Nita Ambani as the chairperson. Media veteran Uday Shankar will be backing her in the role of vice-chairperson.

17 May 2024 1:38 pm
Mukesh Ambani and Nita Ambani await BIG news in 13 days, check details here

Anant Ambani and Radhika Merchant's first pre-wedding celebration in March, attended by the entire Ambani clan including Isha Ambani, Akash Ambani, Shloka Mehta, Anand Piramal, and Kokilaben Ambani, cost a whopping Rs 1260 crore.

17 May 2024 12:26 pm
BMW X3 xDrive20d M Sport Shadow Edition launched in India, priced at Rs 74,90,000

BMW X3 xDrive20d M Sport Shadow Edition comes with blacked out kidney grille, BMW laser light with its iconic blue accents and tailpipes in high-gloss black.

17 May 2024 11:43 am
Blinkit offering 'free dhaniya' with vegetable orders, people now asking for free...

This move by the company has been much appreciated by a lot of users, however, they also asked to add 'hari mirch' (green chilli) with the veggies.

17 May 2024 10:30 am
Meet man who built company worth Rs 3000 crore from just Rs 25 lakh, know why its named 'Priya Gold' biscuit

Ballabh Prasad Agarwal and his 3 sons were the brains behind the beginning of the Priya Gold brand. The names of his sons are Manoj Kumar Agarwal, Naveen Kumar Agarwal, and Shekhar Agarwal.

17 May 2024 9:33 am
Meet man who lost mother at 7, father's business failed, studied till class 10, now runs Rs 3000 crore company

During this period, Subhash dropped out of school and began working in his father's business. He sold music records, home appliances and SIM cards.

17 May 2024 9:24 am
Nepal bans sale of Everest, MDH spices over safety concerns, starts test for...

Nepal's Department of Food Technology and Quality Control has banned the import, consumption and sale of two Indian spice brands Everest and MDH as it starts test for levels of ethylene oxide.

17 May 2024 9:09 am
Haldiram's bidding war: Blackstone, General Atlantic, Bain Capital, Warburg Pincus in fray to acquire 87-year-old firm

Both Haldiram's as well as the global consortium are yet to confirm the development.

17 May 2024 8:11 am
Mahindra announces massive Rs 120000000000 plan, betting big on...

Mahindra has approved an investment of Rs 12,000 crore in Mahindra Electric Automobile Limited (MEAL) to fund its EV journey.

17 May 2024 7:19 am
Mukesh Ambani brings these six global brands to India, Isha Ambani's Rs 840000 crore company to...

Mukesh Ambani is involved in a wide range of business and over the years, he has brought several big international brands to India as a partner brand of Reliance Retail.

17 May 2024 7:03 am
Akash Ambani led Reliance Jio deposits Rs 3000 crore earnest money for...

Akash Ambani has been leading Reliance Jio Infocomm Limited (RJIL) as chairman since June 2022.

16 May 2024 8:16 pm
Meet woman who helps father run Rs 2556 crore company, she is from...

She is a second-generation entrepreneur with 14 years of experience in the dairy industry.

16 May 2024 4:12 pm