Banking

Paytm Logs 89 Mn Monthly Transacting Users, GMV Grows 44% To Rs 1.2 Trn

The company continues to dominate the offline payments market with 6.1 million merchants now paying subscriptions for pa... Read more

Polaris Smart Metering Raises $100 Mn In Funding From I Squared Capital

Funds raised will primarily be used to acquire, execute and finance large smart metering contracts across India Read more

With Focus On Non-US Geographies, Amneal Pharma Eyes India Market

The company is actively recruiting its field force, and aims to have 600-700 medical representatives by the end of 2023 Read more

Turmoil In Adani's Empire Prompts Nomura, SMFG To Disclose Fund Exposures

Nomura Holdings Inc.'s asset management arm released details on Tuesday about 30 of its publicly offered investment trus... Read more

Distressed Funds Including Oaktree Capital Scoop Up Adani Group Bonds

Adani Enterprises Ltd., the flagship company, finished up nearly 15% on Tuesday, leading gains as other related stocks a... Read more

Adani Ports Considering To Repay $605 Mn Of Loans To Calm Investors

India's largest private sector ports operator, which reported an earnings miss in the latest quarterly earnings, also sa... Read more

Entropik Raises $25 Mn In Series B Funding Led By Bessemer, SIG Venture

The funding led by Bessemer Venture Partners and SIG Venture Capital would help Entropik to expand across the US, Europe... Read more

Adani Total Expects To Receive 2.2 MT Of LNG In FY24 At Dhamra Terminal

India's LNG imports fell for the second straight year in 2022, mainly due to fewer imports by utilities as the country r... Read more

ONGC In Talks With Energy Giants For Deepwater Exploration Technologies

Oil and Natural Gas Corporation Limited (ONGC) is in talks with global oil majors to infuse state-of-the-art technologie... Read more

Google To Launch ChatGPT Competitor 'Bard', Informs Sundar Pichai

Google CEO Sundar Pichai has announced that the tech giant will soon launch an Artificial Intelligence (AI) powered chat... Read more

Indian Business Families That Are Shifting Control To Their Next Generation

From Ambani to Birla, more and more business families in India are showing trust in their scions Read more

'7 Adani Stocks Faced Regulatory Surveillance Since 2019 For Volatility'

Amid a political furore over a meltdown in the Adani group shares, stock market data shows it is not only the plunge now... Read more

Adani Group Stocks Price Surge After $113 Billion Market Value Wipeout

-Shares in India's Adani Group rallied on Tuesday a day after it prepaid some loans, bringing relief to investors that h... Read more

Aditya Birla Fashion Reports Steep Drop Of 92% In Profit For Dec Quarter

BENGALURU (Reuters) - Indian apparel retailer Aditya Birla Fashion and Retail Ltd reported a steep 92% drop in third... Read more

3,552 Foreign Companies, Subsidiaries Closed In India Between 2017-2022

A total of 3,552 foreign companies and subsidiaries of foreign companies have been closed in India between 2017 and 2022... Read more