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CATEGORY

Funding

Bank

General Atlantic to deploy up to $1 bn in new investments in India

Nidhi Mishra -
Global growth equity firm General Atlantic plans to invest up to $1 billion in new investments in India, amid the country's burgeoning digital economy....
Bank

Greenply Industries to enter into a joint venture agreement with Samet BV

Nidhi Mishra -
Plywood and decorative veneers maker Greenply Industries announced that it has signed a joint venture agreement with Netherlands-based Samet BV to establish a manufacturing...
Bank

Demand for five days of work at banks hits speed bumps, likely to take time.

Nidhi Mishra -
The Indian Banks' Association (IBA) and public sector banks (PSBs) unions have reached an in-principle agreement to plan for a five-day work week, but...
Bank

Growing dominance: Domestic investors now own a quarter of the markets

Nidhi Mishra -
Domestic investors, both individual and institutional, have surpassed the 25% mark in ownership of companies listed on the National Stock Exchange (NSE) for the...
Business

TikTok’s revamped creator fund to require 10K followers, 100K views

Nidhi Mishra -
TikTok, the Chinese short-form video platform, has opened its revamped creator fund, called the “Creativity Programme Beta”, to all eligible creators in the US...
Bank

Zomato rises 4%, hits 5-month high; stock surges 28% in one month.

Nidhi Mishra -
Zomato, the Indian food delivery company, has seen its stock prices rise to a five-month high of Rs 66.05, gaining 4% in intra-day trade...
education

Toyota unit funds Japanese startup for ‘flying minitruck’ drone.

Nidhi Mishra -
Jtekt, a supplier affiliated with Toyota Motor, has announced funding for a venture developing a drone capable of transporting cargo to hard-to-reach areas and...
Business

After Ola, three others repay customers for an ‘off-board charger.’

Nidhi Mishra -
Four electric two-wheeler manufacturers in India, Ola Electric, Ather Energy, TVS, and Hero MotoCorp's Vida, have agreed to reimburse customers for paying for "off-board...
Bank

US Fed decides unanimously to hike key benchmark rates by 25 bps.

Nidhi Mishra -
On Wednesday, the US Federal Reserve raised interest rates by 25 basis points (25 bps) or 0.25 percent as widely expected and hinted that...
Bank

Fino Payments Bank’s net profit jumps 25% to Rs 22.08 cr in the March quarter.

Nidhi Mishra -
Fino Payments Bank has reported a 25% rise in its post-tax net profit for the March 2023 quarter, reaching Rs 22.08 crore ($2.9 million)....
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