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News digest: Elon Musk deletes FB accounts, firms shutting down, and more

Musk showed just how little love lost there was between the two tech titans

News digest: Elon Musk's #deletefacebook, firms shutting down, and more
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BS Web Team
A third of the companies registered with the Ministry of Corporate Affairs (MCA) have shut down, with nearly half of them folding up in the past year. Click to read more

A boom in credit-fuelled consumption has made India's retail banking one of the biggest among emerging markets outside of China. Going by banks’ retail loans outstanding, worth $269 billion at the end of September 2017 quarter, India's retail banking is now bigger than Russia’s ($248 billion), Malaysia’s ($211.3 billion) and Mexico’s ($190 billion). Click to read more

More than 18 months after the Union Cabinet sought