Swiggy and Zomato under fire: FHRAI to Aapproach commerce ministry over alleged anti-competitive practices by quick food delivery apps
The Federation of Hotel and Restaurant Associations of India (FHRAI) plans to raise concerns with the Ministry of Commerce and Industry regarding standalone quick...
RBI imposes monetary penalty on Indian School Finance Company Pvt. Ltd., Telangana
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹50,000/- on Indian School Finance Company Pvt. Ltd. (ISFC), a non-banking financial...
RBI levies monetary penalties on 4 Co-operative Banks for breaching regulatory norms
Mumbai, December 30, 2024: The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks for non-compliance with regulatory norms. The...
Rupee weakens further amid strong Dollar and importer demand
The rupee continued its downward trend for the third straight day on Thursday, weighed down by a strong dollar and increased month-end dollar demand...
EY report projects 6.5% economic growth for India amid calls for fiscal reforms and investment acceleration
India's economic growth is projected to grow by 6.5 percent in the current and next financial year, according to an EY report. The report...
About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report
According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...
Incarnation Specialty selects Intellect’s end-to-end underwriting ecosystem, eMACH.ai Xponent, along with InsureMO’s middleware capabilities
IntellectAI, the Insurtech business unit of Intellect Design Arena offering AI and data-powered underwriting solutions, and InsureMO, a leading global insurance infrastructure platform, announced that Incarnation Specialty, signed...
Visual effects film company identical Brains Studios Limited receives in-principle approval from NSE Emerge exchange; plans to raise around Rs. 20 crores
Identical Brains Studios (“IBS” or “The Company”), a VFX company known for its high-quality work in the film and entertainment industry, today announced that...
Santander to sponsor Williams Racing, complementing its existing partnership with Formula1
Santander announced today a new sponsorship with the Formula 1 team Williams Racing. The bank will become an official partner of the team starting...
RBI MPC Update: Repo rate likely to remain unchanged as inflation concerns take precedence
The Reserve Bank of India (RBI) is expected to maintain its key policy repo rate at 6.5% during the Monetary Policy Committee (MPC) meeting...
L&T Finance Limited and Amazon forge strategic partnership to revolutionize consumer lending
L&T Finance Limited (LTF), a leading Non-Banking Financial Company (NBFC), today announced a strategic partnership with Amazon Finance India to develop innovative credit solutions...
WTO-ITC initiative for women receives record-high pledge from ‘[= Cup Legacy Fund
The WTO and the International Trade Centre (ITC) on 27 November welcomed the donation pledge of the FIFA World Cup Qatar 2022 Legacy Fund™...
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Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 4.203 million tokens, and total crypto and total cash holdings of $14.5 billion
Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long...
Samco Mutual Fund launches India’s first actively managed momentum-based Mid-Cap Fund aiming to capture the next phase of India’s growth
Samco Asset Management Private Limited today announced the launch of the Samco Mid Cap Fund, India’s first actively managed momentum-based mid-cap fund, seeking to identify and...
Digital lending drive: PSBs sanction ₹52,300 Crore to 4 lakh MSMEs in nine months
In a significant boost to micro, small, and medium enterprises (MSMEs), Public Sector Banks (PSBs) have sanctioned over 3.96 lakh loan applications amounting to...
Shadowfax Technologies IPO opens January 20; Details here
In a significant move in the primary market, Shadowfax Technologies Ltd., a high-growth technology firm, has filed its Draft Red Herring Prospectus (DRHP) with...