Axis Bank buys Citibank India's consumer businesses for $1.6 billionThe transaction comprises the sale of the consumer banking businesses of Citibank India, which includes credit cards, retail banking, wealt...
Ex-Blackstone India MD Mathew Cyriac scores 47x return from MTAR TechFlorintree Advisors backed entities which collectively owned 10% stake in Hyderabad based MTAR Technologies sold shares at Rs 1800 through ...
Florintree, Ritesh Agarwal invest Rs 50 crore in Freight TigerThe round also saw participation from Oyo Founder, Ritesh Agarwal’s family office Aroa Ventures and existing investors Lightspeed India Par...
Ex-Blackstone MD's fund buys into defence supplier Data PatternsFlorintree, owned by Mathew Cyriac - the former India private equity co-head of Blackstone, acquired the stake held by existing investor Om...
Stocks in the news: Adani Ports, Nestle India, L&T Finance, FRL, APL Apollo and IndusInd BankFMCG major Nestle India reported a 2.25 per cent rise in net profit to Rs 483.31 crore for the fourth quarter ended December.
India gears up for a robust digital ecosystem as e-payments witness an upward trendThe payments industry, which saw unprecedented changes and challenges during the pandemic crisis last year, expects 2021 to be the year of ...
View: A leg-up to really start things upTill date, the Department for Promotion of Industry and Internal Trade (DPIIT) has recognised over 36,000 startups providing employment to ...
No cash, no card, just pay on the goSmart money and smart processes are coming together to enable a smooth shopping experience for you — convenient, contactless, and cheap
States ping banks, payment companies to adopt contactless solutionsUttar Pradesh, Gujarat and Rajasthan transport bodies have issued tenders for contract, calling for bids from banks and digital service pro...
View: RBI's recent announcement on offline digital payments can be a game-changerWith products like Unified Payments Interface (UPI), India has one of the best payment infrastructures in the world. However, India remains...
Orios Venture Partners graduates its third Misfits cohortThe six-month programme, which typically admits between 8-10 startups, and operates twice a year, has, till date, overseen more than 20 sta...
Fino Paytech invests in CityCashThrough the partnership Fino will attempt to digitise public transport payment for consumers taking the bus, auto or cabs in the country.
How drunch aka drinking over lunch is upstaging the once-popular brunchEntrepreneurs and young professionals are adding light alcoholic beverages to a lunch outing.
Indian-born woman Rehana Ameer elected to City of London CorporationShe was elected as a councillor to the Court of Common Council, becoming the first India-born woman to be elected to the City of London Cor...
With no CM face, BJP will have a difficult time in UP polls: R Jagannathan"I think the Election Commission has already made it clear that the budget will not make any specific mentions about the state that are goi...
- Citi likely to post 25-30% growth in GTS next year
Citi India Global Transaction Services, which is a part of Citibank India, is likely to incrementally grow its flow business by 25-30 perce...
- Kimaya in talks with PEs to sell 15%
Owners of Kimaya Studios, a Mumbai-based fashion house, are in talks with private equity firms to offload more than 15% stake in the design...