LiveSoftbank-Backed Cars24 Fires 600 Employees in Cost-Cutting Drive
Cars24, a Softbank-backed used car retailer, has laid off more than 600 workers in the past few weeks in a cost-cutting exercise as the company...
Category : BUSINESS
BlissClub Raises $18 Million in Funding Led by Eight Roads
On Thursday, BlissClub has raised $18 million in funding. Out of this, it raised $15 million in its Series A round, led by Eight Roads...
MakeMyTrip Partners With Banks, NBFCs, Fintech to Launch “Book Now Pay Later” Option
Online travel company MakeMyTrip said Thursday it has partnered with 15 banks, NBFCs and Fintech players, including HDFC Bank, IDFC Bank, Capital Float and Zest...
Waaree Energies Secures Orders Worth $2.37 Billion
Domestic solar PV module maker Waaree Energies said on Thursday it had secured new orders worth $2.37 billion from customers in domestic and foreign markets....
Bharti Airtel Trades Weak Despite Strong Q4
On Wednesday, the shares of Bharti Airtel Ltd were low 3 per cent to Rs 689.50 on the Bombay Stock Exchange (BSE). The company has...
Slice Launches UPI In Big Payments Bet as Fintech Moves Beyond Credit
Tiger Global-backed fintech unicorn Slice has launched Unified Payments Interface (UPI) on its platform as it looks to tap into India’s multi-trillion-dollar payments market, an...
Oil Rates Fall 2% as US Refiners Ramp Up Output, Equities Retreat
Oil prices reversed course and fell over 2 per cent after the government as per data showed US refiners ramped up output, easing worries of...
Sajjan Jindal’s Plans Public Listing by March 2024
JSW Infrastructure Ltd., a unit of tycoon Sajjan Jindal’s steel-to-cement conglomerate, is planning an initial public offering by March 2024. The Mumbai-based company, which operates...
KLM Veteran Pieter Elbers Appoints as CEO in IndiGo From October 1, 2022
On Wednesday, the airline company IndiGo appointed Pieter Elbers as Chief Executive Officer, subjected to regulatory approvals, per the company statement. The joining of the...
Cabinet Revises Biofuel Policy, Advances Ethanol Blending Target To 2025-26
On Wednesday, the union cabinet approved advances on the target of blending 20 per cent ethanol in gasoline by five years to 2025-26 and allowing...