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RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- STEM fresher hiring takes a hit as India Inc scouts for skilled talentIndia Inc is prioritizing industry-ready STEM freshers, with hiring expected to drop significantly this fiscal year. Companies are focusing...
- Consumer companies craving for the IPO treatCremica Foods is among at least half a dozen companies in the consumer space that have either filed for a stock market listing or are in th...
- Kunal Shah's Cred looks to help customers track bank accountsKunal Shah-led Cred is unveiling a new service called Cred Money to help customers manage their bank accounts. With Cred Money, users can t...
- AI app evaluation platform Maxim AI raises $3 millionMaxim AI serves clients in sectors such as software-as-a-service (SaaS), banking, healthcare, and edtech. The company will use fresh capita...
- Production co Dharma posts fourfold rise in revenueDharma Productions, a film production company, reported a nearly four-fold increase in revenue to ₹1040 crore for the fiscal year ending Ma...
- Zomato offers to acquire Shiprocket for $2 billion: reportZomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.
- Fintech lenders see profits in FY23 after rough couple of yearsAfter years of logging losses and write-offs, Lendingkart, Indifi, Fibe and a few others are in the black and hoping to stabilise their bus...
- US remains first choice for Indian studentsIn the last fiscal year ended March 31, education loan provider Avanse Financial Services has recorded about 1.7 time growth in the number ...
- Digital lending startup EarlySalary raises $110 million at $300m valuationThe Pune-based company said it plans to use the investment to accelerate its loan book, increase its presence to 150 cities, hire more for ...
- EarlySalary eyes $100 million from TPG, NorwestInvestment likely to be officially announced in next few days.
- EV industry gives thumbs-up to battery swapping policy; experts highlight one concernThe draft policy announced last week lays the groundwork for a battery swapping ecosystem that in theory will make recharging EVs as simple...
- Direct to retail app based ordering by kiranas surged post covidMost companies including Hindustan Unilever, ITC and Marico launched their internal ordering app and have since onboarded millions of mom-a...
- Crisil not sure about strength of credit qualityMaintaining a cautiously optimistic outlook on credit quality for the near to medium-term, a Crisil director Akshay Chitgopekar said they a...
- Dairy companies woo cattle farmers for steady supplyIndustry executives say the share of the organised dairy segment in the Indian dairy industry is expected to improve from about 19 per cent...
- Flipkart to move data centres in-houseValued at about $15 billion, India’s largest online retailer has built data centres across various metro cities such as Chennai, Hyderabad ...
- Videocon eyes doubling AC segment revenue in next 1 yearVideocon is looking at doubling its revenue from the AC segment at Rs 1,600 crore in the next one year, a senior company executive said.
- Manappuram to take QIP route to raise Rs 1,000 croreManappuram General Finance & Leasing plans to raise around Rs 1,000 crore through a qualified institutional placement in the third quarter ...
- Idea lines up Rs 8,000-cr capex for FY09Idea Cellular will invest Rs 8,000 crore ($1.6 billion) in expanding operations during the current fiscal in spite of the gloomy economic s...
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