LiveAdani Ports Sees 13% Increase in Traffic in April
On Thursday, Adani Group’s ports firm reported monthly cargo volumes hit a record high in April as container traffic rose and iron ore and coal...
Category : BUSINESS
Adani Ports and Special Economic Zone Sells Myanmar Port for $30 Million
Adani Ports and Special Economic Zone Ltd (APSEZ) said on Thursday it had completed the sale of Myanmar port for a total consideration of $30...
Chiratae-Backed Alternative Financing Fintech Getvantage Gets NBFC License
Chiratae Ventures-backed alternative financing fintech platform Getvantage has secured a non-banking financial company (NBFC) license from the Reserve Bank of India (RBI). This development will...
RIL Shareholders & Creditors Approve Demerger of Reliance Strategic Ventures
On Thursday, Reliance Industries Limited’s shareholders, with its secured and unsecured creditors, permitted the demerger of the company’s financial services firm, Reliance Strategic Ventures. The...
PhonePe Launches UPI Lite for Smaller Payments 2 Months After Paytm
PhonePe rolled out the UPI (Unified Payments Interface) Lite payments feature in its app to offer faster payments for smaller transactions two months after its...
NCLT Lists GoFirst Insolvency Plea for Hearing Tomorrow
Delhi’s National Company Law Tribunal has agreed to hear cash-strapped airline GoFirst’s voluntary insolvency plea on Thursday. GoFirst lawyers referred the request before NCLT on...
Zoom Gets Pan-India Telecom License
Web conferencing firm Zoom Video Communications (ZVC) has been awarded a pan-India telecom licence, which will allow it to provide telephony services to corporate customers,...
India April Services PMI Soars to 13-Year High of 62.0
On May 3, India’s services sector plunged in April as the sector’s Purchasing Managers’ Index (PMI) upsurged to 62.0 from 57.8 in March, according to...
Pine Labs Partners with ICICI Bank to Enable Digital Rupee on PoS Terminals
Merchant commerce platform Pine Labs has partnered with ICICI Bank to accept digital rupee on its PoS (Point of Sale) terminals. The technological integration between...
BharatPe Acquires 51% Stake in Mumbai-based NBFC Trillion Loans
Fintech Leader, BharatPe, has purchased a 51% share in Mumbai-based Trillion Loans, a non-banking finance company, to expand its loan book. As a result of...