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Zomato reports ₹138 crore Q3 profit amid strong Cricket World Cup, festive demand

Despite facing higher total expenses amounting to ₹3,383 crore, compared to ₹2,485 crore in the same period last year, Zomato managed to maintain a profitable trajectory....

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Shark Tank India 3 in legal soup?

Kashmiri Cricket Bat Association has sued the show and Tramboo Brothers for false claims, seeking Rs 100 crore compensation...

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Disney to invest $1.5 Billion in Fortnite Maker Epic Games to create a New Universe

Disney's investment in Epic Games signals a significant departure from its traditional role as a licensor, marking its largest foray into the gaming industry to date....

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RBI on clampdown against Paytm: ‘Persistent Non-Compliance’

The clampdown on Paytm by the RBI is expected to have significant repercussions, both for the company itself and its user base. This action raises questions about the regulatory environment in which fintech companies operate and underscores the importance of adherence to regulato...

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India seeks $100 billion investment deal with Switzerland, Norway

The proposed investments by EFTA nations are anticipated to create more than 1 million new jobs across India....

apex

Alpex Solar launches ₹75 crore IPO at ₹109-115 per share

Solar systems manufacturer Alpex Solar announced on Monday that its initial public offering (IPO) will open on Thursday, 8 February. The company has f...

RBI Governor

RBI holds interest rates steady for sixth meeting in a row

On Thursday, the Reserve Bank of India's Monetary Policy Committee voted to maintain the key policy rate at 6.5 percent during their latest meeting....

RBI

RBI monetary policy: What to expect from feb 8 decisions

The RBI's Monetary Policy Committee has kept the key repo rate unchanged at 6.5% for the last five consecutive meetings through December 2023. ...

Vijay Shekhar Sharma

Why did Paytm CEO met FM Nirmala Sitharaman amid crisis?

Paytm CEO Vijay Shekhar Sharma assured that the company is looking for all the options to ensure that stakeholders are protected from unwarranted and ...

HDFC Bank

HDFC Bank Group receives RBI approval to acquire up to 9.5% stake in six banks

Although HDFC Bank does not have intentions to directly invest in these banks, it anticipated that the "aggregate holding" of HDFC Bank group might ex...

snapchat

Snap Inc to cut 10% of Snapchat workforce following revenue decline

Snapchat's parent Snap is the most recent technology company to reveal workforce reductions of 10% amid consecutive revenue drops, contributing to ove...

Mukesh Ambani

Jio financial denies reports of acquiring Paytm's Wallet Business

A spokesperson for Jio Financial emphasized that the company has consistently abided by and will continue to adhere to all disclosure requirements man...

Paytm

Paytm stock plunges another 10%, firm loses 43% since RBI crackdown

The Paytm’s stock dropped by its daily trading limit to Rs 438.5 on Monday....

PMI

India’s January services PMI: A 6-month high and the surge in new business

In the realm of Purchasing Managers’ Index (PMI), a score above 50 signifies expansion, while below 50 denotes contraction. The recent rise to 61.8 ...

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