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2 mins read

Individuals earning over Rs 10 cr rise by 63% in India; financial assets of high net worth individuals to nearly double by 2028

A recent report shows a significant increase in wealthy Indians, with those earning over Rs 10 cror…

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2 mins read

With FY25 fiscal deficit target at 5.1%, FM is gunning for ratings upgrade say experts

The biggest takeaway from the Finance Minister Nirmala Sitharaman’s interim Budget announcement is …

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4 mins read

Two promoter exits - shakeout in housing finance sector?

With the promoters of two housing finance companies exiting the business, is there a shake out happ…

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1 min read

BharatPe’s banking licence, Digit’s funding, Mswipe’s new CEO and more -- mega deals and launches in India’s fintech space

As India celebrated its micro, small and medium enterprises (MSMEs) this week -- as part of the MSM…

Kritti Bhalla   


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Three-year-old BharatPe and Centrum gets RBI nod to set up a small finance bank

In June, the Reserve Bank had given the in-principle approval for the SFB licence to the consor…

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2 mins read

Tiger Global pumps enough money to make BharatPe a unicorn about a month after it got a banking licence with Centrum as its partner

BharatPe is the latest entrant to the unicorn club, after it raised $370 million in a Series E roun…

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3 mins read

Birla Opus' discounting could paint a deeper tint of red in the sector, fear experts

After announcing its entry into the paints business last September, the Aditya Birla group’s Grasim…

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1 min read

JG Chemicals' ₹251-crore IPO to open on March 5, price band at ₹210-221/sh

Zinc oxide manufacturer JG Chemicals on Thursday fixed a price band of Rs 210-221 apiece for its Rs…

PTI   


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RIL continues upward march after Jio Financial demerger announcement

Reliance Industries' stock surged after the National Company Law Tribunal had granted the demerger …

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2 mins read

BharatPe removes Ashneer Grover's profile from website after stripping him off the 'founder' title

The About Us page on the website now carries the names of Shashvat Nakrani, Co-Founder, Suhail S…

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4 mins read

India needs to bring different solutions for MSMEs -- Business Insider’s MSME Exchange panelists highlight why

Many have termed 2020 as the watershed moment for the Indian micro, small and medium enterprise (…

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4 mins read

Indian techies looking to change jobs in 2020 — business is getting tighter for the likes of Infosys, TCS, HCL Tech and their peers

Earnings of Indian tech companies are slowing down but the share prices are still hot! The stock of…

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4 mins read

There are several problems ailing SpiceJet and the taxman knocking on its doors is just one of them

SpiceJet, one of the two listed airlines in India, has reported losses consecutively for the pas…

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2 mins read

About 328 entities opt for RBI's 3-month moratorium: Icra

Among the financiers, city-based Centrum Financial Services, Creditaccess Grameen, Indostar Capital…

PTI   


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3 mins read

Go Air has filed for a ₹3,600 crore IPO at a very desperate time

Budget carrier Go Airlines, which has rebranded itself as 'Go First', has filed the prospectus for …

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3 mins read

Indigo and Spicejet get shorter routes, cheaper fuel bills while Adani, GMR, and GVK get more airport projects to bid for

India opened up more of its airspace for airlines to ply, decided to put up more airport developmen…

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4 mins read

Hexaware stock jumps by 20% as the company considers delisting at ₹285 per share

The Hexaware stock hit the upper circuit on the stock exchanges in the Friday morning trade (June 5…

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2 mins read

OYO and Mahindra Holidays’ new strategy is based on the premise that airlines are doomed for a while⁠— both Emirates and Boeing agree

“Goa may be the new Thailand,” said OYO founder Ritesh Agarwal when asked about his post-COVID-19 s…

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NBFCs hail RBI's additional liquidity support move to tide through Covid crisis

"It (TLTRO) is a very-very favourable decision. Now, they (RBI) have specifically allotted (liquidi…

PTI   


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5 mins read

Clix Capital's urge to be a bank must be too intense for it to merge with Suryoday

Even as the deal would help micro-lender turned banker Suryoday to expand its loan book, the d…