Karvy Stock Broking To Face Cheating Charges Filed By ICICI Bank
Hyderabad: A complaint has been lodged against Karvy Stock Broking Ltd promoter C. Parthasarathy and others for allegedly cheating ICICI Bank to the tune of Rs 563 crore. On Tuesday…
CCI Slaps Rs 200 Crore Fine On Maruti Suzuki Over Dealer Discount Policy
The Competition Commission of India (CCI), a statutory body of government of India, on August 23 penalised the country’s biggest carmaker Maruti Suzuki India Limited (MSIL) with a fine of…
The Buy Now Pay Later (BNPL) Phenomenon: What Is It?
Want to flaunt a voguish dress in your farewell, but cutting on a budget? Looking to buy the next greatest mobile set available in the market but the last days…
Paytm Ties-Up With HDFC To Launch New Financial Solutions
India’s preeminent Fintech company, Paytm and the country’s leading private bank HDFC Bank Ltd announced a strategic partnership for delivering financial solutions across payment gateway, point of sale (POS) machines…
Bitcoin Crosses $50,000; Highest in Last 4 Months
Bitcoin surpassed $50,000 on Monday, reaching more than three months, as the cryptocurrency continues to pick up. Bitcoin hit an all-time high of over $64,000 in mid-April but in June…
Facebook Joins Hands With Indifi To Provide SMEs Business Loans
On Friday, Small and medium businesses (SMBs) that advertise on Facebook may get quick loans through independent lending partners through Facebook India’s ‘Small Business Loans Initiative’, announced the company. India…
Ujjivan Small Finance Bank Shares Hit All-Time-low Following MD-CEO Resignation Announcement
The Managing Director and Chief Executive Officer( CEO) of Ujjivan Small Finance Bank ( NSE: UJJIVANSFB), Nitin Chugh, has tendered his resignation, the bank said in a regulatory filing on…
Saas Startup Postman Raised $225 Mn; Valuation Tops $5.6 Bn
On Wednesday, Postman, an Application program interface (API) development startup, raised $225 million at a valuation of $5.6 billion. Insight Partners, a New York-based existing investor, led the Series D…
Ministry Of Railways Re-evaluating Bidding Process Of Rs 30K Cr Pvt Trains Tender; Gains Less Traction From Bidders
The Ministry of Railways has decided to discontinue the tender for running 151 private trains along 109 Important lines for an estimated expenditure of ₹30,000 crores, mainly due to the…
Economy Gaining Traction, Says RBI Monthly Bulletin
With the gradual speed up in the economic activities and vaccination drive gaining momentum, the Reserve Bank of India (RBI) in its monthly bulletin of August “The course of the…