[ad_1] State-run Software Technology Parks of India has set-up an incubation facility at its Gurugram campus with a target to incubate 100 startups in five years, an […]
Paytm trims losses to Rs 290 crore in Q2, total income increases 8%
[ad_1] One97 Communications, the parent company of fintech major Paytm, saw its net loss narrow to Rs 290.5 crore on a consolidated basis during the second quarter […]
Haier’s IITGNL unit receives govt approval, Rs 400 cr investment expected
[ad_1] The phase two expansion of Haier Appliances unit in the Integrated Industrial Township of Greater Noida Limited (IITGNL) has been approved, government officials said on Friday. […]
Food should not become instrument in war, says FM Nirmala Sitharaman
[ad_1] Food should not become an instrument in war and disruption amid increasing fragmentation caused by conflicts and re-globalisation, which have adversely impacted supply chains, said Union […]
RBI Governor Shaktikanta Das sticks to stand on crypto assets ban
[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das sought to reaffirm on Friday that the central bank’s stance on banning crypto assets remained unchanged despite a […]
Kotak Mahindra Bank gets RBI approval to acquire MFI Sonata Finance
[ad_1] Private-sector lender Kotak Mahindra Bank on Friday said it received Reserve Bank of India’s (RBI’s) approval to acquire 100 per cent stake in micro-lender Sonata Finance. […]
RBI imposes Rs 2.50-cr penalty on L&T Finance for non-compliance of norms
[ad_1] The Reserve Bank of India (RBI) has charged the Non-Banking Finance Company (NBFC) L&T Finance with Rs 2.50 crore for failing to adhere to certain regulatory […]
JSW Energy Q2 profit jumps 83% to Rs 850 crore on power demand surge
[ad_1] Indian power producer JSW Energy on Friday reported a near 83% rise in second-quarter profit, boosted by a surge in power demand and fall in fuel […]
Poonawalla Fincorp reports 77% jump in net income at Rs 230 cr for Sept qtr
[ad_1] The record profit is driven by record loan sales and improvement in asset quality, he managing director Abhay Bhutada said in a statement. Poonawalla Fincorp on […]
Hindustan Zinc engages advisory firm for study on its plans to spin off biz
[ad_1] Vedanta group firm Hindustan Zinc has engaged a leading advisory firm to study its plans of spinning off business into three separate entities to increase its […]