Budget 2023 Wish List: India needs to emphasize on capacity building for emerging sectors, aid startups fo – Economic Times

“Tapping and incentivizing entrepreneurs and investors to participate and drive the growth in these new-age industries is critical”
— Ashish Wadhwani
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ICICI Bank reported on Saturday a better-than-expected 34% increase in fiscal third-quarter net profit, boosted by strong growth in high-yielding retail loans.
Startups and new-age digital companies — that were attracting top talent with their accelerated career path and huge wealth creation opportunities until recently — are seeing an exodus of senior professionals who are now seeking the safety net of established companies.
Yes Bank will approach the Supreme Court against the Bombay High Court’s order setting aside a 2020 decision to write down ₹8,400 crore of its additional Tier-1 (AT-1) bonds, the lender’s chief executive said.
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