FlexiLoans raises Rs 150 crore in debt and equity financingThe latest round follows a capital infusion of Rs 500 crore, which the Mumbai-based fintech company had raised in 2016, a mix of debt and e...
Ravneet Gill takes charge as Yes Bank MD, CEOThe appointment of Gill, will be subject to approval of shareholders' at the ensuing annual general meeting of the Bank to be held in June,...
Yes Bank profit falls 7% in Q3; Provisions surge on IL&FS hitGross NPAs increased to 2.10 per cent of the bank’s loan book.
Flexiloans raises Rs 45 crore in debt financing from multiple financial institutionsFlexiloans intends to scale up operations to 500 locations across the country from around 175 it is currently active in.
FlexiLoans acquires CreditPeriod.comFlexiLoans had Rs 100 crore raised from a set of marque investors last year.
FlexiLoans banks on some heavy hittersSanjay Nayar, Vikram Sud, Anil Jaggia, Narayan Seshadri and others infuse Rs 100 crore in FlexiLoans; investments to be in their personal c...
Niche e-commerce players like Lenskart setting up physical stores to build brand awareness, trustThe narrative is of online players trying to change mindsets about internet shopping in a country that has just begun its online initiation.
Microsoft CEO Satya Nadella asked to bring cloud hosting to IndiaClients of Microsoft are delighted that an Indian is the new leader of the iconic company whose software products are ubiquitous across the...
- With Windows 8, its Wait and Watch for Indian Inc
Initial indications suggest that Indian enterprises aren't exactly queuing up for the new product.
Outsourcing-Shy: India Inc prefers inhouse technology teamsIn July, a handful of banks awarded a contract to a consortium of nine companies to install and manage some 60,000 ATMs across the country ...
Cloud computing: How tech giants like Google, Facebook, Amazon store the world's dataThe spectacular technological and business innovations in data storage hide unheralded stars as well as tricky questions.
Microsoft, Google begin war of words over cloud services in IndiaSimilarities are beginning to show more prominently with both offering office productivity software, besides computer operating systems.
- Banking Technology Conclave 2009: Guide to tech banking
The financial crisis has pushed banks to go ahead with technology to improve risk management, bring about cost efficiency and also create n...
- HDFC, CBoP merger to be reunion of former Citibankers
The merger of Centurion Bank of Punjab (CBoP) with HDFC Bank will see many former Citibankers becoming a part of the combined family.
- Centurion Bank of Punjab posts Rs 28cr Q1 net
Higher fee income helped Centurion Bank of Punjab report a sharp rise in net profit for the first quarter ended June 30, ’06, to Rs 28 cror...