PayU, a financial technology company supported by Prosus is preparing to make its debut on the stock exchange. Its estimated value is expected to be $6- 6.5 billion. The company, led by Arvind Agarwal, who previously served as CFO, at Nykaa plans to share its draft prospectus in the year.

IBC has formed a partnership, with the Karnataka government committing an investment of Rs 8,000 crore ($971.89 million) towards a battery manufacturing project covering 100 acres of land.

Ashwini Vaishnaw, the communications minister, stated in a Koo post on Tuesday.“The world’s fastest 5G rollout continues, with over 3 lakh sites installed in 714 districts. World’s second largest 5G ecosystem.”

In July the Unified Payments Interface (UPI) witnessed a recovery by experiencing a 6.6% increase, in the number of transactions reaching a total of 996 crores.

Unstop, a platform based in Delhi has recently received funding of $5 million. The funding round was led by Mynavi, from Japan and Coursera which marks Courseras’s investment in a company.

Fitch Ratings has recently lowered the US term foreign currency default rating, from AAA to AA+. This decision was primarily influenced by anticipated decline, erosion in governance and the increasing

India’s Ambuja Cements is planning to bolster its cement portfolio by acquiring a majority stake, in Sanghi Industries. This strategic move, spearheaded by billionaire Gautam Adanis’s company signifies their commitment to expanding in the sector. Adani’s cement holdings, which include Ambuja and ACC Ltd currently have a production capacity of, over 65 million tonnes throughout India.

The beauty industry in India is experiencing a significant surge in sales, with over 100 million cosmetic items sold in the past six months, resulting in a staggering revenue of

Rapyd, the main worldwide Fintech-as-a-Specialist co-op, declared today the obtaining of PayU Worldwide Instalment Association (‘GPO’; excluding PayU’s India, Turkey, and Southeast Asia tasks) of Netherlands-based Prosus (AEX: PRX) (XJSE:

The Indian actual estate domain has launched into a rollercoaster journey regarding institutional investments in the ultimate five quarters. As per Vestian’s comprehensive file, the world managed to charm a

Dr. Ranjan Pai, the Chairman of Manipal Group is being seen as a rescuer, for Aakash, an ed-tech company owned by Byjus that is currently facing difficulties. As an investor in Byjus Dr. Pai’s family office is in talks to invest, around $90 million, which would greatly assist the struggling giant and provide some much-needed relief.

India’s manufacturing sector demonstrated continued resilience in July, as indicated by a private business survey conducted by S&P Global. While the pace of expansion eased for a second consecutive month,