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Startup

Maintaining high loan growth is difficult, but books will grow robustly: ABCL.

Aditya Birla Capital Limited (ABCL) has stated that while maintaining high loan growth may pose challenges, the company's book is expected to grow robustly....

Cabinet okays revised IT hardware PLI scheme with Rs 17,000-cr outlay.

The Indian Cabinet has approved a revised Production-Linked Incentive (PLI) scheme for IT hardware with a total outlay of Rs 17,000 crore. The move...

EV penetration: At 1.1%, India is far behind the Asian average of 17.3%

While the global push for sustainable transportation has gained momentum in recent years, India's EV market is still in its nascent stages. Factors such...

Everstone in talks to sell 41% stake in India’s Burger King franchisee

Everstone Group, a prominent private equity firm, is currently engaged in discussions to sell its 41% stake in India's Burger King franchisee. The potential...

Vedanta, led by Anil Agarwal, Engages in Discussions with Banks to Secure a Minimum of $500 Million in Funding

In a bid to bolster its growth prospects and seize potential opportunities, Vedanta, a leading global natural resources company spearheaded by Chairman Anil Agarwal,...

A year after listing, LIC scorecard lacks lustre; new biz premium down 50%

One year after its initial public offering (IPO) and subsequent listing, Life Insurance Corporation of India (LIC) has experienced a lackluster performance in terms...

Stubborn funding squeeze risks derailing India’s economic recovery

India's economic recovery from the impact of the COVID-19 pandemic faces a significant threat as a stubborn funding squeeze looms over the country. Despite...

ZestMoney sets up new leadership team, a day after founders resign.

ZestMoney, a leading fintech company in India, has swiftly announced the formation of a new leadership team just one day after the resignation of...

Biz activity for Shopify’s Indian sellers up 9.8% to Rs 30,100 cr in 2022

According to recent data, the business activity of Indian sellers on the e-commerce platform Shopify witnessed a significant increase in 2022. The total business...

Coal to stay important: Energy majors at ‘Just Transition’ meeting

During a 'Just Transition' meeting, energy majors emphasized that coal will continue to play an important role in the global energy mix. The meeting,...

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