Currently the minimum capital needed to start a primary insurance company is Rs 100 crore as prescribed by the Malhotra Committee on Insurance Reforms. There are insurance companies who have

According to Vijay Shekhar Sharma, the company is still on track to achieve operating profitability by September 2023. One97 Communications Ltd, which operates under the Paytm brand, will sharpen its

The Reserve Bank of India has been pushing for a crypto ban in India, while Finance Minister Nirmala Sitharaman has stated that any decision on a crypto ban will require

Phone Pe will raise $700 million in primary capital following the spin-off. The funds will be raised from existing Flipkart investors, led by Walmart, at a post-money valuation of $5.5

India means to turn into the world’s third-biggest economy in the following 10 years. To arrive at this $5 trillion objective, liquidity, straightforwardness and administrative difficulties are to be survived.

The World Bank’s top economist, Indermit Gill, will begin serving in that capacity on September 1, 2022. After Kaushik Basu, Indermit Gill will be the second Indian to hold the

Zomato shares continued to fall, and today marked the second day in a row that the stock reached a new all-time low. In intra-day trade today, shares of the online

The additional funding will be used by Crypso to expand its user base, product offerings, and technological capabilities. Crypso, a platform for community-driven cryptocurrency trading, has received $3 million (roughly

Zomato’s share price is under heavy selling pressure as the one-year lock-in period for nearly 78% of the food chain platform’s paid-up capital expires today. Zomato’s share price fell by

Of its Bitcoin holdings, Tesla Inc. sold around 75% of them. Tesla Inc. liquidated a large portion of its Bitcoin holdings, a move that helped the biggest electronic currency in

India’s branded spices market is set to double to touch ₹50,000 crores by 2025. Branded spices will make up half of the spices sold in the country, according to a

Sources reported on Wednesday that public sector banks have raised a total of ₹4,000 crore through AT-1 bonds this fiscal year, and are expected to raise much more, as they