IndusInd Bank stocks tumbled, down 6.3% to INR 776.15 on the Bombay Stock Exchange, after the lender decided to call in EY to look into a shortfall of INR 600 crore in its microfinance portfolio. The forensic audit was prompted by the revelation from the bank's
The International Monetary Fund (IMF) has cut its global growth forecasts. It now sees a distinctly threatened world economy as a result of U.S. President Donald Trump's recent trade policy decisions and the uncertainty they are creating around the globe. In its latest World Economic Outlook published
In India, gold has crossed the INR 1 lakh per 10 gram threshold for the first time in history, marking a key moment for the precious metal. The recent price move was very much an international one, with gold climbing past USD 3,400 an ounce. Instability in worldwide financial
Federal Reserve Chairman Jerome Powell needn't worry about losing his job anytime soon, President Donald Trump made clear Thursday evening. That's because Trump, despite previous public criticisms of Powell, has no current plans to put someone else in charge of the U.S. central bank. From
The majority of components are currently imported from the United States. Since President Donald Trump imposed significant tariffs on Vietnam, the Pixel manufacturer intends to be on the safer side.
According to reports, the HC made the rulings at a hearing on a plea against the National Restaurant Association of India's (NRAI) exclusion from the confidential ring during the investigation.
The US intends to pressure Prime Minister Narendra Modi's administration for e-commerce fairness in extensive negotiations on a US-India trade deal that will include industries like food and automobiles.
* Arjun Vaidya’s expertise will drive strategic D2C partnerships and enhance KiranaPro’s AI-powered platform, fuelling the brand’s growth and nationwide expansion. * His hands-on experience in scaling consumer-facing brands will be instrumental in guiding KiranaPro as it extends its reach to millions of customers nationwide. KiranaPro, India’s fully
In this digitally driven era, where work and travel keep evolving with millennials' changing lifestyles and preferences, work trips are no longer just about getting from one place to the other; they're largely about how individuals live and work seamlessly while travelling. There’s a growing demand
The ruling forces the tech giant to unbundle its Play Store and Play Services on Android TVs in the nation, marking a significant change in the regulatory environment.
This is the seventh investment from Aavishkaar Capital’s USD 220 million “Global Supply Chain Support Fund”. Global Supply Chain Support Fund, managed by Aavishkaar Capital (Aavishkaar), an Aavishkaar Group company and a global pioneer in taking an entrepreneurship-based approach to scaling businesses for impact, and set up in partnership
The Nomination and Remuneration Committee authorised the distribution of 12,896,462 equity shares under the Swiggy Employee Stock Option Plan 2024 to its qualified workers, according to the company's regulatory filing dated April 21.
This change is a logical progression that brings Flipkart's holding structure into line with its core business, the enormous potential of the Indian economy, and its capacity to promote digital transformation in India through innovation and technology.
Uniqus Consultech, a tech-enabled global platform that offers consulting solutions in the accounting & reporting, finance operations, governance, risk, ESG, and technology domains, today announced that it has secured $20 million in Series C funding. The round was led by Nexus Venture Partners, with participation from Sorin Investments. Nexus and
New Delhi [India], April 21: In the fast-evolving world of startups, where ideas rise and fall by the day, Abel Boaz stands out—not just as an entrepreneur but as a man driven by mission, meaning, and mental strength. From launching ventures that range across finance, wellness, and networking to
According to a statement from PhonePe, customers can order both prescription and over-the-counter (OTC) medications via the recently launched service.
According to a media house, serial entrepreneur Lucy Guo is now the youngest self-made woman billionaire, surpassing pop sensation Taylor Swift at the age of thirty.
The allotment is valued at more than INR 32.3 lakh based on Nykaa's starting price of INR 190 per share.
If the purchase goes through, BluSmart's last known valuation of $300 million (about INR 2,561 crore) would be at least 60% lower.
According to the declaration, the total amount of outstanding debt, including both short-term and long-term borrowings, was INR 33,568 crore following the most recent default of INR 8,346.24 crore.
Update | April 21, 2025, 5:30 pm Krutrim has issued a statement denying claims in the media reports regarding its fundraising efforts. The company clarified that it is not seeking external equity capital, and any reports suggesting otherwise are "speculative and misleading." The company remains focused on executing
All shipments over $800 are now subject to formal entry procedures under the updated rules. Prior to its reduction on April 5, the threshold was $2,500.
BluSmart's financial scandal has sent shockwaves through India's startup world and has led many business leaders to contemplate the true role of ethics and governance. Among the co-founders who has quite vocally addressed the situation is boAt's Aman Gupta. On the heels of his