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A renowned non-banking finance company (NBFC), L&T Finance, has just announced its strategic push into the co-lending industry. This foray is being made possible by a significant partnership with the technology powerhouse CRED. With the help of this partnership, L&T Finance will be able to expand
In response to the announcement that it has formed a subsidiary to market financial goods, Jio Financial Services Ltd.'s stock increased by more than 1.6% in Friday's early trades, August 16. In a stock filing on August 15, JFSL shared the news that the company
One of the leading financial technology companies in India, BharatPe, is now providing its merchant partners with secured credit options. The two-wheeler loan and the Loans Against Mutual Funds (LAMF) are the newest offerings from the financial technology company. With this launch, BharatPe is expanding into secured lending for the
With just over four months to go until the deadline, industry insiders have expressed doubts about the proposed 30% market share cap in the Unified Payments Interface (UPI) category, according to multiple media sources. Multiple newcomers to UPI have been informed, informally, that the limit is not going to be
Slice, a unicorn in the financial technology industry, has been granted permission by the National Company Law Tribunal (NCLT) to merge with North East Small Finance Bank (NESFB). Both businesses made the announcement that they would be merging in October of 2023. In March of the previous year, Slice paid
'EOS-08,' the newest Earth observation satellite from ISRO, was launched today from Satish Dhawan Space Centre, Shriharikota, using the Small Satellite Launch Vehicle (SSLV)-D3. Incorporating new technology needed for future operational satellites, designing and manufacturing a microsatellite, and creating payload instruments compatible with the microsatellite bus are
A renowned media house has reported that food tech company Swiggy, which is preparing for an initial public offering (IPO), has expanded its service fee policy to incorporate the gross order value (GST plus packaging fees) for restaurants located outside of metro areas. As a result of the change, its
Brainbees Solutions Ltd, the multi-channel retail platform that runs the 'FirstCry' brand, had a successful initial public offering (IPO) on Tuesday. The NSE listed price of a FirstCry share was INR 651, which was 40% more than the issue price of INR 465.00 per share. Shares of
In order to expedite the antitrust clearance process for their $8.5 billion merger of Indian media holdings, Reliance and Walt Disney have reportedly offered to sell some channels. However, they are reportedly fighting any adjustments made to the cricket broadcast rights that they own. With a combined 120 TV
On Wednesday, the Supreme Court issued a stay of the NCLAT ruling that had set aside the insolvency proceedings against the ed-tech major. This effectively enabled Byju Raveendran, the owner of the company, to regain control of the business. The ruling of the NCLAT that approved the settlement of Byju&
One97 Communications, the parent company of Paytm, has been ordered by the Office of Collector of Stamps in New Delhi to pay a penalty of INR 47.12 lakh for failing to pay stamp duty on the allotment of equity shares in recent years. As stated in a filing with
📖 Learning
Today, the world has 6.93 billion smartphone users. You’d agree that content served through social platforms on your phone is something you consume the most. Sharing valuable content on social apps to make connections helps develop a robust online presence. This cross-platform practice helps build links for your