Online pre-owned good seller Olx, which is backed by over USD 20-billion Naspers group, will start focusing on monetising its India business after clocking a 10-fold growth, a top company official stated.... Read more »
Bengaluru-based digital wallet PhonePe had made waves in October 2017 when its parent Flipkart had announced a $500 million funding commitment to scale up its operations. Incidentally, PhonePe is ranked among the... Read more »
Global rating agency Fitch has cut its India’s economic growth forecast to 6.8 per cent for 2019-20 from the earlier estimate of 7 per cent due to weak momentum in manufacturing and agriculture. However, it said India economic... Read more »
Bajaj Auto International Holdings BV is in talks to offload its 48 per cent stake in Austria-based KTM AG to its parent company KTM Industries AG, which is Europe’s biggest sport motorcycles producer. Bajaj Auto informed Indian stock exchanges... Read more »
The country’s telecom subscriber base for the third time has crossed the 120-crore mark with Reliance Jio, BSNL and Airtel adding new customers in January, according to a report released by telecom regulator Trai.... Read more »
India has been one of the fastest growing large economies in the world, the International Monetary Fund (IMF) has asserting after that the country has carried out several key reforms in the... Read more »
Sebi on Wednesday asked the exchanges handling the agri-commodity derivatives to create a fund for farmers and FPOs in which the regulatory fee forgone by the regulator would be deposited. Besides, it... Read more »
Nirav Modi, the fugitive jeweller wanted in the 13,000-crore Punjab National Bank scam, has been arrested in London and is being produced in the Westminster Magistrate’s Court, the UK police said. He... Read more »
It has been speculated that hospitality company OYO is readying to welcome yet another marquee investor on board – Airbnb – less than six months after it raised USD 1 billion from... Read more »
Nomura Financial Advisory & Securities on Friday said cyclically the economy is clearly slowing down due to domestic and global factors and this slowdown will be seen for at least a couple... Read more »