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Tag: Finance
<strong>The emphasis is on payments and the distribution of lending products: Vijay Shekhar Sharma, the founder of Paytm</strong>-thumnail

The emphasis is on payments and the distribution of lending products: Vijay Shekhar Sharma, the founder of Paytm

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

Finance

Jul 29, 2022

What happens to investors’ funds if cryptocurrency is outlawed in India?-thumnail

What happens to investors’ funds if cryptocurrency is outlawed in India?

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

Digital Transformation

Jul 27, 2022

Zomato shares rose today after falling for the previous two sessions-thumnail

Zomato shares rose today after falling for the previous two sessions

Zomato shares have set new lows for the second time in a row following the end of the mandatory pre-IPO shareholder’s lock-in period. Zomato shares recovered from a two-day losing

Investment & Funding

Jul 27, 2022

As the pre-IPO investors lock-in period comes to an end, Zomato shares drop almost 14% to a new lifetime low-thumnail

As the pre-IPO investors lock-in period comes to an end, Zomato shares drop almost 14% to a new lifetime low

Price of Zomato Share, How Zomato stock dropped 14%: During Monday’s morning trading, Zomato shares fell 14.26% to Rs. 46 per share on both the BSE and National Stock Exchange

Investment & Funding

Jul 26, 2022

<strong>Why did Zomato’s stock plummet to an all-time low today?</strong>-thumnail

Why did Zomato’s stock plummet to an all-time low today?

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

Finance

Jul 25, 2022

<strong>Monetary Policy Committee reschedule its meeting to August 3-5 2022: RBI</strong>-thumnail

Monetary Policy Committee reschedule its meeting to August 3-5 2022: RBI

The last time an MPC meet was rescheduled was in February 2022 after the demise of renowned singer Lata Mangeshkar. In May 2022, the MPC held an off-cycle meeting after

Industry

Jul 22, 2022

Tesla sells off majority Bitcoin holdings-thumnail

Tesla sells off majority Bitcoin holdings

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

Finance

Jul 21, 2022

Emami Agrotech Ltd. expects ₹700-1,000 crore revenues from spice business over next 5 years-thumnail

Emami Agrotech Ltd. expects ₹700-1,000 crore revenues from spice business over next 5 years

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

Finance

Jul 21, 2022

SBI board approves proposal to raise upto ₹11,000 crore in bonds during current fiscal year-thumnail

SBI board approves proposal to raise upto ₹11,000 crore in bonds during current fiscal year

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

Finance

Jul 21, 2022

Drink prime, RO water supplying startup raises Rs 60 crore in funding-thumnail

Drink prime, RO water supplying startup raises Rs 60 crore in funding

The startup said its business model has been growing and in the past six months, it has served 100,000 users across Bengaluru, Delhi, Faridabad, Ghaziabad, Gurugram, Hyderabad and Noida. DrinkPrime,

Industry

Jul 21, 2022

Financial technology platform Niyo receives $30 million from Multiples Alternate Asset Management-thumnail

Financial technology platform Niyo receives $30 million from Multiples Alternate Asset Management

Accel and Lightrock India contributed $100 million to Niyo’s Series C investment, which closed in February. With the most recent round included, it has raised a total of $180 million. 

Digital Transformation

Jul 20, 2022

PharmEasy plans to raise $200 million at lower valuations-thumnail

PharmEasy plans to raise $200 million at lower valuations

API Holdings, PharmEasy’s parent company which is looking to raise the funds, owns other businesses including diagnostic test provider Thyrocare. The company had seen its valuation jump in recent years

Healthcare

Jul 20, 2022


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