Swiggy said to near $700 million fundraise in Invesco-led round

Indian food delivery service Swiggy The company is raising $600 million to $700 million in a…

RBI’s action against Reliance Capital: Too late

The decision of the Reserve Bank of India to seek the solution of the Anil Dhirubhai…

Changes in Banking Regulation Act in Action

The government is eyeing a change in this banking regulation Act to prohibit new bank license…

GIFT City’s regulator wants more say in fund formation for business district

NS International Financial Services Center Authority (IFSCA), NS Gift City The regulator is understood to have…

India’s New Cryptocurrency Law Is Ready To Red-Flag Chit Funds, MLM Business Models

India is set to red flag several investment schemes launched by individuals cryptocurrency Exchanges that are…

Binny Bansal sold part stake in Flipkart in July funding round

Bangalore: Flipkart co-founder Binny Bansal People familiar with the matter said when the e-commerce major last…

Can used-car commerce, biryani experiment, and quick delivery electrify Ola’s planned IPO?

An Ola cab driver cleans his vehicle on the roadside in Amritsar, Punjab. Summary Before going…

FSS launches UPI eVoucher to drive financial inclusion

payment processor FSS (Financial Software and Systems) said on Wednesday that it has expanded its unified…

RBI whitelist of good companies can ease payments woes: Freshworks’ Girish Mathrubootham

Bangalore: The Reserve Bank of India (RBI) should make a whitelist of “good companies” that will…

Private sector banks reduce lending rates as compared to public sector banks during the pandemic

private sector banks Has been a leader in reducing cost of funds over the past year…