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Official: Shriram Finance Targets £2.44bn Fundraising in FY24 to Support Business Expansion-thumnail

Official: Shriram Finance Targets £2.44bn Fundraising in FY24 to Support Business Expansion

Shriram Finance, a retail non-banking finance company (NBFC) in India, is planning to raise up to INR200bn ($2.44bn) in the next financial year starting in April to fund its growth.

Business

Mar 13, 2023

Paytm now has 89 million monthly active users and dominates offline payments-thumnail

Paytm now has 89 million monthly active users and dominates offline payments

Paytm, a leading provider of digital payments and financial services released it’s business operational results on Monday for the two months that ended in February 2023.  The average Monthly Transacting

Business

Mar 13, 2023

<strong>Welspun One Logistics launches an alternative investment fund for warehousing worth Rs 2,000 crore</strong>-thumnail

Welspun One Logistics launches an alternative investment fund for warehousing worth Rs 2,000 crore

Welspun One Logistics Parks (WOLP), an integrated fund and development management platform with a focus on industrial and warehousing real estate, announced the formation of its second fund, with a

Business

Mar 13, 2023

Nepal regulates ban on solo trekking-thumnail

Nepal regulates ban on solo trekking

This new regulation applies to all international tourists of all experience levels on treks in Nepal’s national park.  The mandatory ban on solo trekking will be effective from 1st April

Business

Mar 13, 2023

Arvind Krishna who is the CEO of IBM receives compensation of $16.5 Million-thumnail

Arvind Krishna who is the CEO of IBM receives compensation of $16.5 Million

Per the filings, the CEO’s base salary is around $1.5 Million but $8.9 Million was earned through stock awards and $2 Million was earned in options.  IBM (International Business Machines)

Business

Mar 13, 2023

The stock of Tech Mahindra has risen as a result of the CEO appointment, but be wary of the euphoria-thumnail

The stock of Tech Mahindra has risen as a result of the CEO appointment, but be wary of the euphoria

Analysts believe that the leadership change will have little impact on the company’s earnings fundamentals in the medium term and that reviving growth fundamentals will be a gradual process. The

Business

Mar 13, 2023

“PhonePe achieves $1 trillion annual payment value run rate and secures license”-thumnail

“PhonePe achieves $1 trillion annual payment value run rate and secures license”

PhonePe, a digital payments platform, announced on Saturday that it has achieved an annualized total payment value (TPV) run rate of $1 trillion, or Rs 84 lakh crore, primarily due

Business

Mar 11, 2023

<strong>Partnerships between India and the United States will facilitate bilateral trade of $500 billion</strong>-thumnail

Partnerships between India and the United States will facilitate bilateral trade of $500 billion

An MOU on semiconductors and certain statements about the US-India Strategic Trade Dialogue marked the conclusion of the recent visit to India by US Secretary of Commerce Gina Raimondo. In

Business

Mar 11, 2023

Former Infosys President Mohit Joshi is appointed as MD and CEO of Tech Mahindra-thumnail

Former Infosys President Mohit Joshi is appointed as MD and CEO of Tech Mahindra

The Agreement date of Mr. Mohit Joshi as Managing Director will be effective from 19th December 2023.  IT services company Tech Mahindra on Saturday announced that former Infosys President Mohit

Business

Mar 11, 2023

<strong>By FY24, Apple may create 120,000 jobs in India: Report</strong>-thumnail

By FY24, Apple may create 120,000 jobs in India: Report

According to staffing business TeamLease Services, with Apple’s increased focus on India, the corporation is anticipated to be a major driver of job growth in FY24 with 120,000 new positions.

Business

Mar 11, 2023

Textile and Garment Industry in India-thumnail

Textile and Garment Industry in India

The textile and garment industry is one of the oldest and largest industries in India, with a rich history dating back to ancient times. Today, the industry is a significant

Business

Mar 10, 2023

Global Research firm Jefferies upgrades Bharti Airtel stock to “buy”-thumnail

Global Research firm Jefferies upgrades Bharti Airtel stock to “buy”

According to Jefferies, the telecom major is likely to see 13 percent growth in its average revenue per user (ARPU) over FY23-25 and its share of the telecom market is

Business

Mar 10, 2023


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