News & Updates

1. Merger vs Acquisition vs Takeover • Merger is the process where two or more companies agree to come together and form a new company. • The acquisition is the process by which a financially strong company takeovers a less financially strong company by buying more...

1. Bear Hug • A rough, tight embrace. • In wrestling, a bear hug, also known as a body lock, is a grappling clinch hold and stand-up grappling position where the arms are wrapped around the opponent, either around the opponent's chest, midsection, or thighs, sometimes...

1. Abate • Of something unpleasant or severe become less intense or widespread. Usage: The storm suddenly abated. Synonyms: subside, alleviate, mitigate, mollify, allay, assuage 2. Diktat • An order or decree imposed by someone in power without popular consent. Usage:...

1. Contingency Risk Buffer • According to the recommendations of the Bimal Jalan committee relating to surplus transfer was based on the size of the realised equity which is required to cover credit risk and operational risk, which the committee referred to as...

1. Cooperative Federalism • Cooperative federalism, also known as marble-cake federalism, is a concept of federalism in which federal, state, and local governments interact cooperatively and collectively to solve common problems, rather than making policies separately...

1. Parchment • A stiff, flat, thin material made from the prepared skin of an animal, usually a sheep or goat, and used as a durable writing surface in ancient and medieval times. Usage: He borrowed a quill and a piece of parchment. • A manuscript written on...

1. Ancillary • Providing necessary support to the primary activities or operation of an organization, system, etc. Usage: Ancillary staff. 2. Vakalath nama • Document by which an advocate is authorized to represent a party in court. 3. Parallel Economy • Parallel...