Banking

Vedanta Business Spinoff May Not Affect Parent's Credit Quality: Moody's

Currently, there is no separate disclosure on free cash flow generation by the different businesses; after spinoff each ... Read more

Caller ID App Truecaller Crosses Milestone Of 300 Mn Active Users A Month

India continues to be its largest geography with 220 mn users Read more

Amber Enterprises India And Subsidiary Get PLI Nod For White Goods

Amber Enterprises India, a manufacturer of AC components, received a normal investment of Rs 300 cr Read more

Airtel Prepaid Plans To Cost 20%-25% More From Nov 26: Here Are The Details

Airtel announced 20-25% tariff hikes for various prepaid offerings and said the new rates will come into effect from Nov... Read more

Euler Motors Raises $10 Million In Funding Led By QRG Investments

Electric vehicle maker Euler Motors on Monday announced raising an additional capital of USD 10 million (around Rs 74 cr... Read more

Purplle.com Closes $140 Mn Series D Round Adding Premji Invest To Cap Table

This investment comes weeks after a $75 million funding led by Kedaara Capital, alongside Sequoia Capital India and Blum... Read more

Paytm Founder Compares Himself To Elon Musk After Historic IPO Flop

Vijay Shekhar Sharma held a four-hour town hall to rally employees who had watched the company's stock plummet 27% on Th... Read more

CAIT Demands Strict Action Against Amazon For Alleged Sale Of Marijuana

The Confederation of All India Traders (CAIT) on Monday demanded strict action against e-commerce giant Amazon for the a... Read more

Aramco Eyes New Investments In India After Reliance Scraps $15-bn Deal

Aramco had signed a non-binding letter of intent in August 2019 for a potential 20% stake in Reliance's oil-to-chemicals... Read more

Swiggy Launches Expansive Programme With Benefits Across Food And Groceries

Upgraded membership scheme 'Swiggy One' offers unlimited free deliveries and discounts; benefits will embrace other offe... Read more

Airbus Signs Contract With Bharat Electronics For C295 Aircraft Programme

BEL primarily manufactures advanced electronic products for the Indian Armed Forces Read more

SaaS Platform Zvolv Raises $1.5 Mn, Will Use Fund To Expand Business

The funding round was led by JSW Ventures, a technology-focused venture capital fund. Read more

Swiggy's New Membership Programme Offers Unlimited Free Deliveries

Food delivery platform Swiggy on Monday launched an upgraded membership programme 'Swiggy One' -- a comprehensive plan t... Read more

Telecoms Equipment Maker Ericsson To Buy Cloud Firm Vonage For $6.2 Bn

Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion Read more

Paytm Bleeds As Macquarie's Second Report Puts Rs 1,200 As Target Price

Profitability may 'remain elusive for a long time', says brokerage about digital payments company. Read more