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Tag: Finance
Chaayos is on a winning streak by securing a $ 53 million in funding-thumnail

Chaayos is on a winning streak by securing a $ 53 million in funding

Chaayos has raised about $ 53 million to invest in its research and development in technology and also to hire fresh employees. Chaayos is a start-up founded by two engineers,

News

Jun 23, 2022

<strong>How three Indian engineers transformed this IT firm into the country’s newest unicorn</strong>-thumnail

How three Indian engineers transformed this IT firm into the country’s newest unicorn

LeadSquared, a provider of sales automation software as a service (SaaS), has raised $153 million (or approximately 1,194 crores) from WestBridge Capital in a Series C round, making it India’s

Finance

Jun 22, 2022

The stock trading platforms of Zerodha and Upstox are experiencing connectivity issues-thumnail

The stock trading platforms of Zerodha and Upstox are experiencing connectivity issues

On Tuesday, online brokerage firm Zerodha said it is receiving reports of intermittent connectivity issues on its trading platform Kite via the Cloudflare network for users on specific ISPs, and

Finance

Jun 21, 2022

<strong>Mareket regulator SEBI slaps $3 million fine on Reliance industries.</strong>-thumnail

Mareket regulator SEBI slaps $3 million fine on Reliance industries.

“When the bits of (unpublished price-sensitive information) that then became selectively available the company abdicated its responsibility to verify and come clean on the unverified information that was floating around,”

Finance

Jun 21, 2022

Yes bank to raise $1 billion, seeks board of directors approval-thumnail

Yes bank to raise $1 billion, seeks board of directors approval

“For enabling the bank to evaluate a potential fund raising at an appropriate time, the board of directors seek approval from members of the bank for borrowing/raising funds in Indian/foreign

Finance

Jun 21, 2022

User’s now can’t load their wallet with credit cards, RBI’s new directive reads-thumnail

User’s now can’t load their wallet with credit cards, RBI’s new directive reads

This essentially means that customers now can’t load such wallets/cards with their credit lines. This order will impact fintech players that allow a host of services to the customers including

Finance

Jun 21, 2022

<strong>Market Update: Nifty trades at 15573, Sensex touches 52300</strong>-thumnail

Market Update: Nifty trades at 15573, Sensex touches 52300

Other Asia markets, Hong Kong, Shanghai, Tokyo and Seoul were quoting in the green during mid-session trade. In an attempt to continue recovery, the Sensex and Nifty indices extended gains

Finance

Jun 21, 2022

India’s equalization tax on global big-techs to continue, as global tax deal face challenges-thumnail

India’s equalization tax on global big-techs to continue, as global tax deal face challenges

The deal aims to reallocate rights to tax big digital groups such as Apple and Google to the countries where the end clients are located India’s equalization levy, or the

Finance

Jun 21, 2022

JP Morgan disagrees with Market’s LIC pricing, finds it “harsh”-thumnail

JP Morgan disagrees with Market’s LIC pricing, finds it “harsh”

LIC’s shares fell to their fresh 52-week low on the NSE on June 20 as the investment banker’s research wing initiated coverage on the stock with an ‘outperform’ rating JP

Finance

Jun 20, 2022

IMF team visits crisis hit Sri lanka to discuss debt-restructuring and financial assistance-thumnail

IMF team visits crisis hit Sri lanka to discuss debt-restructuring and financial assistance

Sri Lanka is battling its worst financial crisis since independence in 1948, as decades of economic mismanagement and recent policy errors coupled with a hit from COVID-19 to tourism and

Finance

Jun 20, 2022

Air India to place order for 300 jets, one of the largest in aviation history-thumnail

Air India to place order for 300 jets, one of the largest in aviation history

Air India is looking to buy as many as 300 jets, which may be Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both

Finance

Jun 20, 2022

Forex reserves drops by $4.599 billion to $596.458 billion amidst market downturn-thumnail

Forex reserves drops by $4.599 billion to $596.458 billion amidst market downturn

During the week ended June 10, the fall in the forex reserves was on account of a dip in Foreign Current Assets (FCAs). India’s foreign exchange reserves declined $4.6 billion

Finance

Jun 18, 2022


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