Paytm to shift all Delhi-NCR operations to new Noida campus

Noida (IANS) Leading financial services platform Paytm has set up its largest campus yet in Noida and plans to gradually shift all operations based in Delhi-NCR to the new sprawling campus, including the headquarters of One97 Communications, by the…

Chinese investors dominate funding in Indian unicorns

New Delhi (IANS) Chinese brands and cuisine are facing a backlash in India from lawmakers following the incidents in Ladakh but the fact remains that many leading unicorns are funded with Chinese funds.

Nationalistic fervor and intense anger…

AIIB's $750 mn loan to India for corona response

New Delhi (IANS) The Asian Infrastructure Investment Bank (AIIB) has approved a $750 million loan to India to assist the Centre in its fight against the coronavirus pandemic and its impact on the poor.

This loan follows a $500 million emergency…

SC to Centre, if moratorium is announced, ensure benefits for customers

New Delhi (IANS) The Centre cannot say that it is between the banks and the customers, observed the Supreme Court while hearing petitions against the levy of interest on loan repayments, which were deferred for customers availing the six-month moratorium…

Equities trim gains as border tension with China escalates

Mumbai (IANS) The Indian equity indices closed in the green on Tuesday, although they pared major gains made during the initial trade over escalation in the India-China border tension.

After the gap-up opening, indices fell from the day's…

Bank union seeks fixing limits for cheque bounce

Chennai, June 15 (IANS) The All India Bank Employees' Association (AIBEA) has suggested fixing of financial limits for attracting the criminal provisions relating to bouncing of cheques in the Negotiable Instruments Act instead of the decriminalising…

India's May WPI Food inflation eases to 2.31%

New Delhi (IANS) India's annual WPI Food Index eased to 2.31 per cent in May from a rise of 3.60 per cent in April, official data showed on Monday.

However, the Centre did not release the complete set of WPI figures for May due to the Covid-19…

Alto completes 16 yrs as largest selling car in India: Maruti Suzuki

New Delhi (IANS) Automobile major Maruti Suzuki's hatchback Alto has maintained an unbroken 16-year-long spree of being the largest selling car in India.

According to the company, Alto's off-take has been the largest in the country…

Fuel prices rise over Rs 4/litre since resumption of daily revision

New Delhi (IANS) Fuel prices recorded eighth consecutive hike on Sunday, taking the total increase since the resumption of the dynamic price revision system to more than Rs 4 per litre.

In the national capital, petrol price rose by 62 paise…

Consumer PE fund L Catterton invests Rs 1,895 cr in Jio Platforms

New Delhi (IANS) Reliance Industries Limited (RIL) and Jio Platforms Limited, Indias leading digital services platform, on Saturday announced an investment of Rs 1894.50 crore by L Catterton, one of the worlds largest consumer focused private equity…