New Delhi (IANS) The digital lending market in India grew at 33 per cent Compound Annual Growth Rate (CAGR) from FY19 till FY23 — reaching Rs 2,905 thousand crore in FY23 from Rs 913 thousand crore in FY19, a report … read more
New Delhi (IANS): The Ministry of Corporate Affairs (MCA) clarified on Wednesday that it has not given Byju’s a clean chit over financial fraud as the investigation into the matter is still going on. “There have been reports claiming that … read more
Mumbai (IANS) ICICI Bank on Tuesday became the sixth Indian company to surpass $100 billion market capitalisation, as its stock surged to an all-time high. During the trading session, ICICI Bank saw an increase of Rs 24,411.6 crore in its … read more
New Delhi (IANS) Zepto Co-founder and CEO Aadit Palicha on Sunday said they are ready to turn the quick commerce platform into a $50 billion company. The Zomato-owned Blinkit’s rival had just raised $665 million at a $3.6 billion valuation … read more
New Delhi (IANS) The GST Council meeting chaired by Finance Minister Nirmala Sitharaman on Saturday decided to exempt services provided by Indian Railways from GST. Addressing the media after the council meeting, the Finance Minister said the purchase of railway … read more
Mumbai (IANS) Indian bonds are set to attract record foreign fund inflows on June 28 when they will be included in JPMorgan’s Emerging Market Index. Earlier, on August 20, 2014, Indian bonds attracted foreign fund inflows of $2.7 billion following … read more
New Delhi (IANS) Ambuja Cements, the leading Adani Group company, on Thursday announced the acquisition of 100 per cent stake in Penna Cement Industries Ltd (PCIL) for an enterprise value of Rs 10,422 crore, as the cement and building material … read more
New Delhi (IANS) Online food delivery platform Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, as this segment is projected to surpass its core food delivery business. The board of the company has approved the investment … read more
New Delhi (IANS) India’s smartwatch shipments stagnated for the first time, rising marginally by 0.3 per cent (year-on-year) in the first quarter (Q1) of 2024, a new report said on Thursday. According to Counterpoint Research, the top three OEMs’ (original … read more
New Delhi (IANS) The shares of Adani Group portfolio of companies surged nearly 10 per cent on Friday amid heightened trading activity, as Sensex snapped the losing streak of the last five trading sessions. Adani Enterprises’ stock soared by 6.8 … read more