“India’s forex reserves declined to the weakest level since July 24, 2020, amid the central bank’s intervention. This time, the value of dollar and gold assets both declined amid revaluation

RSIL(to be renamed Jio Financial Services Ltd.) is currently a wholly-owned subsidiary of RIL and is a Reserve Bank of India-registered non-deposit-taking systemically important (ND-SI) non-banking financial company. The board

The valuation target means the administration is seeking a premium of roughly 33%, based on IDBI Bank’s market value of about $5.8 billion as of Thursday. Govt is pushing for

Narayan highlighted investment opportunities in rapidly growing digital companies in the consumer internet, software, fintech, and services sectors in India. Permira employs a managed fund buyout strategy with a focus

With the Nasdaq listing, Zoomcar plans to raise $235 Mn that will largely be deployed to scale operations and to shore up its tech vertical.  Barely a week after Zoomcar

“ECYOF is a much-needed alternative that allows venture/private equity-backed high-growth companies to raise additional capital to augment equity financing and continue their growth trajectory,” Edelweiss’ statement added. Edelweiss Wealth Management

Celestia aims to design a modular blockchain architecture with the hope to solve issues around deploying and scaling of blockchains. The company recommended about developing an infrastructure to make it

Drivetrain Co-founder and CEO Alok Goel calls the platform a “Google Maps for business growth”. It has built an AI-powered language called DTML – Drivetrain Modeling Language – that is

Under the mechanism, all exports and imports may be denominated and invoiced in rupees, with the exchange rate between the currencies of the two trading partner countries to be market

Companies engaged in food, technology, and blockchain are being encouraged to establish their headquarters in the Middle East. The United Arab Emirates (UAE) seeks to tempt high-tech companies from the

EMIL is the fourth largest and one of the fastest-growing consumer durables and electronics retailers in India. EMIL is the largest regional organized player in the southern region in revenue

Lenders namely ICICI, Canara, and HDFC have increased their deposit rates.  After months of hesitation, banks have gradually started to raise deposit rates as credit growth continues to outpace deposit