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Tag: Finance
Ashneer Grover names his new venture “Third unicorn”-thumnail

Ashneer Grover names his new venture “Third unicorn”

The nature of the company was not immediately known. Several news reports have suggested Grover is in talks with investors to raise money for his new business, despite him saying

Finance

Jul 9, 2022

<strong>Adani Group bids for upcoming 5G spectrum auctions: Sources</strong>-thumnail

Adani Group bids for upcoming 5G spectrum auctions: Sources

“Any entity that gives an undertaking to obtain a Unified License with authorization for Access Services through a New Entrant Nominee as per the DoT guidelines/ license conditions can bid

Industry

Jul 9, 2022

SEBI proposes to bring MF’s transactions under purview of insider-trading regulation-thumnail

SEBI proposes to bring MF’s transactions under purview of insider-trading regulation

The proposal comes close on the heels of allegations of front-running at a large fund house. In the discussion paper floated on Friday, Sebi has said it has observed that

Finance

Jul 9, 2022

IRDAI introduces tech-enabled concepts like “pay as you drive” for motor insurance cover-thumnail

IRDAI introduces tech-enabled concepts like “pay as you drive” for motor insurance cover

In the aftermath of the covid-19 pandemic, many do not drive as frequently as before, but still have to pay the same established annual premium based on the make or

Finance

Jul 9, 2022

<strong>Pine Labs, Razorpay, and Stripe bags payment aggregator license from RBI</strong>-thumnail

Pine Labs, Razorpay, and Stripe bags payment aggregator license from RBI

A payment aggregator provides payment services for merchants and e-commerce sites by accepting payment instruments from customers. As part of the process, they pool the funds received from customers and

Finance

Jul 8, 2022

Central bank new forex rules to arrest rupee’s fall-thumnail

Central bank new forex rules to arrest rupee’s fall

RBI said the latest steps would help diversify and expand the sources of forex funding and reduce currency volatility.  The Reserve Bank of India announced a series of steps to

Finance

Jul 7, 2022

<strong>Space startups are banking on upcoming space policy to expand into global markets.</strong>-thumnail

Space startups are banking on upcoming space policy to expand into global markets.

Indian startups are betting on an upcoming space policy to spur collaboration between the public and private sectors and even drive international expansion. This comes after the Indian Space Research

Industry

Jul 7, 2022

Piramal enterprises get shareholders’ nod for restructuring of the company-thumnail

Piramal enterprises get shareholders’ nod for restructuring of the company

The demerger was to transform the multi-sector conglomerate structure of the company into two separate sector-focused – financial services and pharmaceuticals — listed entities and command leadership positions in those

Healthcare

Jul 7, 2022

<strong>IMF MD Kristalina Georgieva fears economic recession</strong>-thumnail

IMF MD Kristalina Georgieva fears economic recession

Slower economic growth may be a “necessary price to pay” given the urgent and pressing need to restore price stability, she said. Georgieva cited a growing risk of divergence between

Finance

Jul 7, 2022

Government to gain $12 billion in revenue from new taxes on fuel production and export: Moody’s-thumnail

Government to gain $12 billion in revenue from new taxes on fuel production and export: Moody’s

Following the government’s announcement, Indian oil companies will have to pay Rs 6 per litre (around USD 12.2 per barrel) on exports of petrol and ATF, and Rs 13 per

Finance

Jul 6, 2022

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period-thumnail

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period

Bharatpe said that it facilitated loan disbursal for over 1.2 lakh merchants during the quarter compared to 66,000 merchants that benefitted from the service in January-March quarter. Fintech firm Bharatpe

Digital Transformation

Jul 6, 2022

Crypto Lending firm Nexo to acquire peer “Vauld”-thumnail

Crypto Lending firm Nexo to acquire peer “Vauld”

Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

Digital Transformation

Jul 6, 2022


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