Economy


Equitas SFB Collaborates With IBM To Build Digital Banking Platform

Banking - Published date: .

Equitas Small Finance Bank has signed an agreement with IBM Consulting to design and build a digital banking platform ai... Read more

India Will Be Bright Shining Light For World: OYO Founder Ritesh Agarwal

Banking - Published date: .

India will be the bright shining light for the world driven by its young people who are "driving startups", hospitality ... Read more

CRED-owned Happay Lays Off 35% Of Its Workforce As 'restructuring Exercise'

Banking - Published date: .

According to the report, Happay is giving impacted employees three months salary along with an extension of insurance co... Read more

SpiceJet Starts Process Of Reviving Grounded Airplanes With $50 Mn

Banking - Published date: .

Budget carrier SpiceJet on Thursday said it has no plans to file for insolvency proceedings and has also started the pro... Read more

US-based Invesco Further Slashes Swiggy's Valuation To $5.5 Billion

Banking - Published date: .

The revised valuation represents a massive 49% decrease from the $10.7 billion valuation Read more

Go Airlines Asks Firms's Tribunal To Urgently Pass Order On Bankruptcy Plea

Banking - Published date: .

Go Airlines asked country's company law tribunal to urgently pass an order on its insolvency plea, citing lessors' effor... Read more

Govt May Soon Invite Financial Bids For Selling 26% In Defence PSU BEML

Banking - Published date: .

The government may soon invite financial bids for strategic sale of defence PSU BEML after its non-core business got lis... Read more

TVS Credit To Focus On Enhancing Leveraging Data, Technology For Experience

Banking - Published date: .

Non-banking finance company TVS Credit Services Ltd would emphasize on enhancing customer experience, leveraging data an... Read more

Go First Locks Horns With Lessors In A Bid To Begin Bankruptcy Hearings

Banking - Published date: .

NEW DELHI (Reuters) - Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tuss... Read more

RIL's Initiatives In Digital Connectivity Driving Efficiencies: Ambani

Banking - Published date: .

Ambani said O2C segment posted its highest-ever operating profit despite global uncertainties and disruptions in commodi... Read more

Nokia Reports Decline In Profits, Sees Economy Impacting Client Spending

Banking - Published date: .

Wireless and fixed-network equipment maker Nokia on Thursday reported lower than expected profits as it warned that the ... Read more

Cruise Ships: Erosion, Air Pollution And Overtourism Are Driving Cities Towards Bans

Expat - Published date: .

European cities struggling with overtourism are reconsidering the future of these giant ships. Read more

Top Global Firms Approaching Indian Toy Makers For Sourcing Goods: Official

Banking - Published date: .

Top global retailers from the US and Europe have shown keen interest in sourcing goods from Indian toy manufacturers and... Read more

Coal India's Production Touches All-time High Of 700 Million Tonnes

Banking - Published date: .

Volume surpasses CIL's own output target, is up 12% over last year's figure Read more

Edelweiss Financial Board Clears Rs 1,500 Crore Fund Raising Via NCD

Banking - Published date: .

Edelweiss Financial Services on Thursday said the board of the company has approved raising up to Rs 1,500 crore through... Read more

98% Senior IT Leaders Struggle With Increasing Cloud Complexity: Report

Banking - Published date: .

Top challenges in optimising multi-cloud environment are lower in the US, UK, India, finds NetApp Read more

Torrent Investments Unlikely To Participate In 2nd Auction For Reliance Cap

Banking - Published date: .

The only resolution done for a financial services company under special powers of RBI Section 227 was DHFL which was won... Read more

IndiGo Embarking On Next Level Of Growth, Cost Leadership Crucial: CEO

Banking - Published date: .

IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers sa... Read more

Bank Of Baroda Raises Interest Rates On Retail Term Deposits By 25 Bps

Banking - Published date: .

Bank of Baroda has increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25... Read more

FSIB To Soon Start Selection Process For New LIC Chairman This Month

Banking - Published date: .

The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial insti... Read more