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SMBC Asia Rising Fund makes follow-on investments worth $12-15 million in three fintech startupsSMBC Asia Rising Fund (ARF) has injected $12-15 million in follow-on investments into Easy Home Finance, Vayana, and DPDzero. These strateg...
PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...
FM radio: Tuned out of news, tuned into crisis, seeks reformsIndia's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital ...
Fintech Airwallex secures $320 million in new funding round at $11 billion valuationFintech giant Airwallex has secured a significant $320 million funding round, valuing the company at $11 billion. This substantial investme...
DoT notifies new authorisation norms for telcos to shift from licencing regimeThe government has launched a new authorization-based framework for the telecom sector, replacing the old licensing system. A dedicated por...
Who is Kunal Shah? From selling FreeCharge for ₹2,800 crore to building CRED and now leading WhatsAppKunal Shah, the brainchild behind CRED, is set to lead WhatsApp globally following Meta's substantial $900 investment. Known for scaling CR...
- Kerala in talks to allow free public screening of FIFA World Cup matches
Kerala's government is actively negotiating with FIFA World Cup 2026 rights holders to waive licensing fees for non-commercial public scree...
Ambani says Reliance succession plan near completion as children take over day-to-day operationsMukesh Ambani announced the near-complete transfer of daily management at Reliance Industries to his children, Akash, Isha, and Anant. They...
6500 litres of fake ghee found by food regulator during a raid in Delhi and HaryanaFSSAI busted an inter-state counterfeit ghee racket, seizing over 6,500 litres of suspected adulterated products and raw materials in Delhi...
InCred Money gets Sebi in-principle nod for mutual fund licence, plans launch in 6-9 monthsInCred Money has secured Sebi's in-principle approval for a mutual fund licence, marking a key step toward launching its asset management b...
BBC to cut 550 jobs in cost-saving drive, including news division layoffsBritain's BBC is set to eliminate 550 jobs across its news and content departments. This move is part of a significant £500 million savings...
New labour code: 3 employee-friendly changes that could make working life easierNew labour codes and central government rules simplify employee compliance by consolidating 29 fragmented laws into a unified framework. Th...
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
Can DigiLocker replace your bank locker? What you need to know about storing important documentsIndians face a choice between traditional bank lockers and the government's DigiLocker for important documents. While DigiLocker offers con...
Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...
Tata Play loss widens to Rs 551 crore in FY26 as customers migrate to streaming, DD Free DishTata Play faced a wider net loss and lower revenue in the 2025-26 financial year. Customers are moving away from DTH services to free platf...
DDA auction of 142 properties generates Rs 1,300 crore revenueThe Delhi Development Authority has hit a major milestone by auctioning 142 properties, bringing in a remarkable revenue of Rs 1,321 crore....
UK to reimburse visa costs for firms bringing in overseas workersBritain is now reimbursing visa fees for fast-growing tech and innovation companies hiring international talent. This initiative, targeting...
Driving licence may remain valid till 50 years of age: Govt plans big change to DL validity, online vehicle transfer processThe Centre is considering a major overhaul of driving licence and vehicle services, potentially extending licence validity until age 50 and...