Unione Budget 2025: India Post to be transformed into large logistic body with 1.5 lakh rural post offices – The Times of India

Unione Budget 2025: India Post to be transformed into large logistic body with 1.5 lakh rural post offices – The Times of India

Finance Minister Nirmala Sitharaman, presenting the Union budget 2025, announced plans for 1.5 lakh rural post offices to boost the rural economy. The budget includes a new urea plant in Assam and enhanced investment limits for MSMEs. The government will also support the National Cooperative Development Corporation to aid small businesses and farmers. NEW DELHI:…

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Akasa Air gets funding boost! Azim Premji-Ranjan Pai family offices to buy significant minority stake – Times of India

Akasa Air gets funding boost! Azim Premji-Ranjan Pai family offices to buy significant minority stake – Times of India

The budget carrier aims to raise $130-140 million through this transaction. Akasa Air stake sale: A consortium led by Premji Invest and Claypond Capital, representing the Bengaluru-based family offices of Wipro founder Azim Premji and Manipal group chief Ranjan Pai, is set to acquire a substantial minority stake in Akasa Air, according to informed sources.The…

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