Maharashtra food rule can chew Rs 100 crore off multiplex profits: CRISIL Ratings

The operating profit of the Indian multiplex industry could moderate 200 basis points (bps), or by ~Rs 100 crore, if half of the movie-goers to multiplexes in Maharashtra carry... Read more »

TPG Leads $100 Million Equity Investment in Five Star Business Finance

TPG, the global alternative asset firm, on Monday announced that it has signed a definitive agreement to invest in Five Star Business Finance Limited (Five Star) a fast-growing, fully-secured... Read more »

SBM India to double its network by next year, announces plans under WOS licence

SBM Group, a diversified financial services provider and the third largest listing on the Stock Exchange of Mauritius, on Monday announced its expansion plans for the Indian market. SBM... Read more »

Smart Braille Teaching devices installed in Govt. Blind School in Ranchi

 Indian Angel Network and Anand Mahindra backed start-up Thinkerbell Labs in association with the Government of Jharkhand installed 20 Braille-teaching devices in a government blind school in Ranchi. This installation... Read more »

BOB Financial Solutions Limited to offer pre-approved Credit Cards to Bank of Baroda Customers

BOB Financial Solutions Limited (formerly known as Bobcards Limited) has announced its flagship project ‘Nirmaan’ to offer pre-approved Credit Cards to credit worthy retail customer base of its parent... Read more »

WeWork Completes One Year in India, Doubles Down on India Commitment

WeWork, the global network of collaborative spaces where companies and people grow together, has successfully completed one year in India. After the successful launch of its first location –... Read more »

Equity indices continue to set fresh benchmarks

Continuing their record-breaching spree, the key Indian equity indices rose to fresh benchmarks on Monday riding on the back of healthy quarterly earnings. The barometer S&P BSE Sensex breached... Read more »

Business Optimism Index increases by 11.7% (y-o-y)

The Dun & Bradstreet Composite Business Optimism Index stands at 80.6 during Q3 2018, an increase of 11.7% as compared to Q3 2017. Four of the six optimism indices have registered... Read more »

SAS helps insurers meet IFRS 17 compliance head-on

When the new International Financial Reporting Standard 17 (IFRS 17) takes effect on January 1, 2021, it will upend decades-old insurance financial reporting standards. Though seemingly the tiniest glimmer on... Read more »

NextGen Science Media raises seed fund from Emerge Ventures, others; Unveils Future Medicine

NextGen Science Media (NGSM), a start-up media venture that focuses on emerging medical science and technology trends for new-age clinicians, raised its first round of funding from Singapore-based Emerge... Read more »