LivePaytm Key Managers’ Stock-Based Compensation Surges 50x in FY22
Employee stock option (ESOP) fees for fintech giant Paytm’s so-called key executives, including CEO and MD Vijay Shekhar Sharma and CFO Madhur Deora, surged 50-fold...
Category : BUSINESS
PhonePe Acquires Indus OS, Settles with Affle Global
Digital payments and financial services company PhonePe said on July 29 that it had completed its long-term acquisition of mobile platform OSLabs following a settlement...
Bajaj Finance Jumps by 10%
On Thursday, Bajaj Finance had surged 10% after the non-bank lenders every quarter. The company said its profit is more than 25.96 billion rupees ($325.37...
RBI Bans Non-Card Issuers from Storing CoF Data from October 1
On Thursday, the Reserve Bank of India (RBI) said that from October 1, no entity in the card transaction/payment chain other than the card issuer...
RITES PAT Rises Operating Revenue Up by 70%
RITES Ltd has declared its first quarter result where the company has profit after tax grew 85.8 per cent to Rs 145 crore. Operating revenue,...
Dr Lal PathLabs Fall After Contracts Nearly 57% YoY
Dr Lal PathLabs slipped down to Rs 2081.30 after the company reported a 56.8 per cent drop in consolidated net profit to Rs 57.7 crore...
India Approves $1.6 Billion Investment in BPCL’s Brazilian Unit
On Wednesday, the Union Cabinet approved an additional investment of $1.6 billion (about Rs 12,000 crore) in Bharat PetroResources Ltd (BPRL) to boost overseas oil...
ONGC Partners to Spend $6.2 Billion on Green Energy Projects
ONGC officials said: that India’s largest oil explorer ONGC and its partners will invest $6.2 billion (Rs 50,000 crore) in green energy projects to produce...
Nestle India Acquires Pet Foods Business of Purina Petcare for Rs 124 Crore
The Nestle India board approves the pet foods business acquisition of Purina Petcare India for Rs 123.5 crore, with effect from October 1, 2022. Through...
Tata Steel Signs MoU With Startups For Drone-Based Mining Solutions
On Wednesday, Tata Steel said it inked a pact with a Bengaluru-based startup for drone-based mining solutions for effective mine management. The collaboration is to...