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In 2022, India’s digital payments volume is larger than the US, UK, German and French economies combined-thumnail

In 2022, India’s digital payments volume is larger than the US, UK, German and French economies combined

UPI currently accounts for over 40% of all digital transactions taking place in India. India’s digital payments landscape has changed. While some developed countries are facing difficulties, India has become

Finance

Jan 20, 2023

2023 will be tough for trade as global economies slow: GTRI for government-thumnail

2023 will be tough for trade as global economies slow: GTRI for government

An economic think tank, GTRI, stated on Friday that implementing measures such as faster refunds for duties, addressing issues with inverted duties, and treating exports via post and courier the

Finance

Jan 20, 2023

Mukesh Ambani is the second-highest-ranked CEO; the top ten are dominated by CEOs of Indian descent-thumnail

Mukesh Ambani is the second-highest-ranked CEO; the top ten are dominated by CEOs of Indian descent

Leena Nair, the highest-ranking female CEO, has been ranked 11th. She is one of only seven female CEOs included in the top 100. Mukesh Ambani is placed second on a

News

Jan 20, 2023

IT services company Coforge Ltd reports a 24% increase in third-quarter earnings-thumnail

IT services company Coforge Ltd reports a 24% increase in third-quarter earnings

Coforge Ltd, an Indian IT services provider, announced a significant increase in its third-quarter profit of 24%, which exceeded expectations. This was due to a number of large outsourcing agreements

Finance

Jan 20, 2023

Moody’s upgrades PNB, Canara Bank and Bank of Baroda to Baa3-thumnail

Moody’s upgrades PNB, Canara Bank and Bank of Baroda to Baa3

Moody’s, a global rating agency, has raised the long-term local and foreign currency deposit ratings of Bank of Baroda, Canara Bank, and Punjab National Bank from “Ba1” to “Baa3” due

Finance

Jan 20, 2023

Foodtech company Swiggy fires 380 employees amid a touch VC market-thumnail

Foodtech company Swiggy fires 380 employees amid a touch VC market

“We’re implementing a very difficult decision to reduce the size of our team as a part of a restructuring exercise.  In this process, we will be bidding goodbye to 380

E-Commerce

Jan 20, 2023

Nifty News: Trump NFTs flood 800%, Yuga Labs boycotts NFT trades, from there, the sky’s the limit-thumnail

Nifty News: Trump NFTs flood 800%, Yuga Labs boycotts NFT trades, from there, the sky’s the limit

Donald Trump’s NFT assortment began solid however at that point began turning dormant upward until a couple of days ago. Former US President Donald Trump’s nonfungible token (NFT) exchanging card

Business

Jan 20, 2023

Hindustan Zinc acquires Zinc business from Vedanta; HZL shares dips 9%-thumnail

Hindustan Zinc acquires Zinc business from Vedanta; HZL shares dips 9%

“The board has approved the subscription to equity shares of THL Zinc Limited, Mauritius through HZL’s wholly owned subsidiary to be incorporated overseas for a cash consideration not exceeding $

Industry

Jan 20, 2023

<strong>Orios Venture Partners writes down investment in beleaguered GoMechanic</strong>-thumnail

Orios Venture Partners writes down investment in beleaguered GoMechanic

There are many aspects which make GoMechanic’s financials look unreliable. For instance, in its FY21 financials, the startup reported a loss of INR 27.4 Cr. However, the same loss increased

Business

Jan 20, 2023

Tanishq enters the US market. The first store launched by Senator Menendez-thumnail

Tanishq enters the US market. The first store launched by Senator Menendez

Tanishq, a top jewelry retail company owned by Tata in India, has opened its first store in the United States located in Little India, New Jersey. The store was officially

Business

Jan 20, 2023

<strong>As the crypto crisis spreads, Genesis files for bankruptcy</strong>-thumnail

As the crypto crisis spreads, Genesis files for bankruptcy

In the aftermath of FTX’s unexpected demise, bitcoin lender Genesis Global Capital filed for bankruptcy, becoming the most recent business to fall. In the Southern District of New York, the

Finance

Jan 20, 2023

Tata Motors to raise $500-600 million for the company’s EV business-thumnail

Tata Motors to raise $500-600 million for the company’s EV business

Tata motors, one of the leading electrical vehicle manufacturers in the country, is in talks with global investors in order to raise at least $500-600 million more for its fast-growing

Industry

Jan 20, 2023


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