S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, marking a substantial shift after three years of net positive rating actions. The report indicates that corporate India has built greater headroom against downside risks, reflecting a more st
Bengaluru (Karnataka) [India], August 12: Innoviti Technologies Pvt. Ltd., India's largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that it closed its Series E round raising a total of Rs. 70 Cr. as a combination of equity
Mumbai (Maharashtra) [India], August 12: SBI General Insurance, one of India's leading General Insurance companies, has reported a robust growth of 32% in the first quarter of FY 24-25, resulting in a Gross Direct Premium (GDP) of INR 2,603 crore. This growth rate significantly outperform
Pune (Maharashtra) [India], August 12: Today marks the end of the New Fund Offer (NFO) period for the Bajaj Finserv Large Cap Fund, a new equity product launched by Bajaj Finserv Asset Management Ltd. The NFO period ran from July 29th to August 12th, 2024, and the fund will re-open for su
Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
New Delhi [India], August 10: Fitnesstack's 7th Birthday Sale, initiated on July 11th, has achieved unprecedented success, with sales reaching Rs1.22 crore and a target to exceed Rs2.5 crore by the sale's end. The sale, extended until August 16th for Independence Day, highlights the brand's
The former Deputy CM was arrested by the CBI in February 2023 in connection with the alleged irregularities in the framing and implementation of the now-scrapped Delhi excise policy.
Soon after coming out of the Tihar jail today, former Deputy Chief Minister and AAP leader Manish Sisodia credited the Constitution written by Babasaheb Ambedkar for his release and exuded confidence that Delhi Chief Minister Arvind Kejriwal will also walk out of jail soon.
The Reserve Bank of India (RBI) has reduced the mandated frequency of reporting of credit information by Credit Institutions to Credit Information Companies.
Mumbai (Maharashtra) [India], August 8: LazyPay, the credit service by PayU, India's leading digital financial services provider, is thrilled to announce the launch of its latest product line - Gift Cards, a comprehensive one-stop solution for gift vouchers. LazyPay's Gift Cards offer vouche
New Delhi [India], August 8: BLS International Services Limited, a trusted global tech-enabled services partner for governments and citizens, announced its consolidated financial results for the quarter ended 30th June 2024.