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<strong>Banks may hike MCLR by 150 bps in FY24 amid tight liquidity: Report</strong>-thumnail

Banks may hike MCLR by 150 bps in FY24 amid tight liquidity: Report

According to India Ratings and Research (Ind-Ra), commercial banks in India are expected to increase their Marginal Cost of Funds Based Lending Rate (MCLR) by 100-150 basis points (bp) in

Finance

Mar 14, 2023

Breached Security: Euler Finance Loses $197 Mn to Cybercriminals”-thumnail

Breached Security: Euler Finance Loses $197 Mn to Cybercriminals”

Cyber-criminals have stolen $197 million in cryptocurrencies from Euler Finance, a crypto lending platform. This attack is one of many cryptocurrency heists in recent years, which have resulted in billions

Finance

Mar 14, 2023

To speed up its digital transformation, Jaguar Land Rover collaborates with Tata Technology-thumnail

To speed up its digital transformation, Jaguar Land Rover collaborates with Tata Technology

Jaguar Land Rover, a premium brand owned by the Tata Group, is collaborating with Tata Technologies, a leading provider of engineering, product development, and digital services, to further its industrial

Business

Mar 14, 2023

Koo Collaborates With ChatGPT To Create Posts-thumnail

Koo Collaborates With ChatGPT To Create Posts

The founder of Koo, Mr. Mayank Bidawatka has declared that Koo could be utilized with ChatGPT to create attractive posts.  Koo app is an Indian-based micro-blogging platform competing with Twitter.

Business

Mar 14, 2023

Too-big-to-fail US lenders rake in deposits after three banks fail-thumnail

Too-big-to-fail US lenders rake in deposits after three banks fail

In the wake of the recent back-to-back collapses of three smaller banks, fear has gripped depositors who are worried that the crisis may spread. As a result, the largest banks

Business

Mar 14, 2023

Only 17 of India’s 80 unicorns are profitable; there are currently 6 start-ups listed-thumnail

Only 17 of India’s 80 unicorns are profitable; there are currently 6 start-ups listed

Top-earning businesses include Billdesk, Firstcry, Zerodha, Zoho, and a few others. A company valued at $1 billion or more is considered a unicorn. According to market research platform Tracxn, India

News

Mar 14, 2023

Top 11 Startups in India’s Health Tech Sector-thumnail

Top 11 Startups in India’s Health Tech Sector

The adage “Health is wealth” is widely used, but we frequently overlook its true significance and how important it is to our daily lives. But in the end, nothing matters

Healthcare

Mar 14, 2023

Y Combinator lays off 20% of staff, downsizes on late-stage speculations -thumnail

Y Combinator lays off 20% of staff, downsizes on late-stage speculations 

US-based innovation startup gas pedal Y Combinator is laying off 17 representatives – – or 20% of its staff – – as it reported to downsize late-stage subsidizing. The cutbacks

News

Mar 14, 2023

<strong>The Volkswagen Group plans to build a large battery factory in Canada for electric vehicles</strong>-thumnail

The Volkswagen Group plans to build a large battery factory in Canada for electric vehicles

The battery manufacturer PowerCo of the European carmaker Volkswagen has announced plans to build its first “gigafactory” for manufacturing battery cells outside of Europe in St. Thomas, southwest Ontario. The

Business

Mar 14, 2023

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

SaaS firm Freshworks says exposure to Silicon Valley Bank minimal-thumnail

SaaS firm Freshworks says exposure to Silicon Valley Bank minimal

Chennai-based business software firm Freshworks has stated that its exposure to failed American lender Silicon Valley Bank (SVB) is minimal and that it has not seen any disruption. In a

Finance

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


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