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Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group-thumnail

Mumbai’s DMI Finance raises $400 Mn in the latest round led by Mitsubishi group

Founded in 2008 by Shivashish Chatterjee and Yuvraja C Singh, DMI Finance is a pure-play digital lender with products including consumption, personal, and MSME loans. DMI Finance sources and services

Business

Apr 3, 2023

SpiceJet separates its cargo and logistics businesses-thumnail

SpiceJet separates its cargo and logistics businesses

On Monday, SpiceJet Ltd announced that, as of April 1, it has divided its SpiceXpress cargo and logistics operations into a distinct company called SpiceXpress and Logistics Pvt Ltd. SpiceJet

Business

Apr 3, 2023

Manufacturing activity in India reaches a three-month high, despite job cuts-thumnail

Manufacturing activity in India reaches a three-month high, despite job cuts

According to a private business poll, although employers cut positions for the first time in more than a year, India’s manufacturing sector expanded at its fastest rate in three months

Business

Apr 3, 2023

After price cuts, Tesla posts record quarterly deliveries, up 4% from the previous quarter-thumnail

After price cuts, Tesla posts record quarterly deliveries, up 4% from the previous quarter

Tesla Inc. reported record quarterly vehicle deliveries on Sunday, but despite price reductions brought on by increased competition and a gloomy economic outlook, quarter-over-quarter sales growth was modest. Tesla increased

Business

Apr 3, 2023

Nestle to Tata, big FMCG firms race to acquire the maker of Ching’s Secret-thumnail

Nestle to Tata, big FMCG firms race to acquire the maker of Ching’s Secret

Capital Foods, the maker of Ching’s Secret spicy noodles and fusion chutneys, is up for sale, and several Indian and global companies are vying to acquire it. Nestle to Tata,

Business

Apr 3, 2023

Is AI-enabled ChatGPT a blessing or a curse for the ed-tech sector?-thumnail

Is AI-enabled ChatGPT a blessing or a curse for the ed-tech sector?

During the past few months, AI-enabled ChatGPT has been making headlines. It seems like everyone is talking about it: it attracted 1 million users in just five days, marking a

Business

Apr 1, 2023

Jio Cinema makes record-breaking IPL debut with 60 million viewers on opening day-thumnail

Jio Cinema makes record-breaking IPL debut with 60 million viewers on opening day

JioCinema, a streaming platform owned by Reliance Jio, made its Indian Premier League (IPL) debut with a record-breaking viewership on the opening day of IPL 2023. With 4k viewing available

Business

Apr 1, 2023

Aakash hopes to register 3 times growth within BYJU’s fold with Rs 3,000 crore business in FY23-thumnail

Aakash hopes to register 3 times growth within BYJU’s fold with Rs 3,000 crore business in FY23

Education provider Aakash hopes to complete the financial year 2023 with Rs 3,000 crore revenue hence achieving a three-fold increase since its purchase by BYJU’s, the company said on Friday.

Business

Apr 1, 2023

Tech spending in India is poised to grow by 9.6% this year, shows a report-thumnail

Tech spending in India is poised to grow by 9.6% this year, shows a report

According to a recent report by Forrester, Tech spending in India is poised to grow by 9.6% this year. The report titled ‘India Tech Market Outlook for 2023 and 2024’

Business

Apr 1, 2023

Diamond shipments may dip up to 15% in FY24, predicts ICRA-thumnail

Diamond shipments may dip up to 15% in FY24, predicts ICRA

Indian cut and polished diamond shipments may dip up to 10-15% to $19-20 billion in FY24, after an 8-10% contraction in the previous year, due to a worldwide recession, according

Business

Apr 1, 2023

7 Things Stock Market Investors Can Learn From The Indian Premier League (IPL)-thumnail

7 Things Stock Market Investors Can Learn From The Indian Premier League (IPL)

This year’s Indian Premier League (IPL) marks the start of the new cricket season. We are here to ensure that the entire IPL season is profitable. Even the IPL is

Business

Apr 1, 2023

Bharti Airtel and India Post Payments Bank partner to offer WhatsApp banking services-thumnail

Bharti Airtel and India Post Payments Bank partner to offer WhatsApp banking services

Bharti Airtel and India Post Payments Bank (IPPB) in order to introduce WhatsApp Banking Services for IPPB customers, allowing users to access banking services on their mobile devices. According to

Business

Apr 1, 2023


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