Concerns raised by SEBI on SME IPOs
Finance |
2024/09/18 12:58 pm On Monday 16th September Bombay Stock Exchange (BSE) issued a circular advising Trafiksol to retain its entire iss... |
AIFs to Capitalize on SME-Focused IPOs for Higher Returns
Finance |
2024/08/08 18:39 pm The high returns from Initial Public Offerings (IPOs) of Small and Medium Enterprises (SMEs) in recent years, coupled with go... |
Groww’s Active Investor Base Doubles in a Year; Reaches 11 Million
Finance |
2024/07/18 10:48 am Bengaluru-based discount broker Groww has doubled its active investor base over the past year, touching almost 11 million use... |
B2B Fashion Apparel Platform Zyod Raises USD 18 Million Funding to Expand Operations
Finance |
2024/06/25 12:40 pm ZYOD, a tech-enabled fashion manufacturing platform offering seamless solutions from design to delivery, has secured USD 18 m... |
Holani Group Secures INR 184 Crore to Empower Small Businesses with New Fund
Finance |
2024/06/12 15:53 pm Holani Venture Capital Fund, an INR 300 crore SME-focused fund launched on April 27, 2024, at Jaipur and promoted by a renown... |
Nikhil Kamath Leads USD 20-Million Round in B2B Unicorn Infra.Market
Finance |
2024/06/04 15:26 pm Construction materials provider Infra.Market has sold a minority stake in its subsidiary RDC Concrete for USD 20 million (abo... |
RBI Launches PRAVAAH, RBI Retail Direct mobile App, FinTech Repository
Finance |
2024/05/31 10:19 am Reserve Bank of India (RBI) Governor Shaktikanta Das launched three major initiatives – the PRAVAAH portal, the retail ... |
Jio Financial Services Arm Plans INR 36K Crore Deal with Reliance Retail
Finance |
2024/05/27 15:52 pm Jio Financial Services Limited (JFSL) is seeking shareholder approval for its unit to acquire equipment worth INR 36,000 cror... |
SEBI Suggests Modifying Buyback and Merchant Banker Regulations
Finance |
2024/05/24 17:59 pm To facilitate ease of doing business, capital markets regulator Sebi proposed tweaking norms governing the buyback of shares,... |
RBI Declares a Record Dividend to Government for FY24 of INR 2.11 Lakh Crore
Finance |
2024/05/23 17:20 pm The Reserve Bank approved an INR 2.11 lakh crore dividend payout to the central government for 2023-24, more than double the ... |
Fraud Concerns Raise Red Flags for India’s Booming SME IPOs
Finance |
2024/05/16 16:51 pm A string of accounting frauds unearthed by India’s securities regulator this month poses another risk to the blistering rally in shares of tiny businesses. Varanium Cloud Ltd. and A... |
Zomato Reports INR 175 Crore Profit for Q4 FY24
Finance |
2024/05/14 18:28 pm Online food delivery firm Zomato Ltd reported a consolidated net profit of INR 175 crore in the March quarter on the back of ... |
Zomato Surrenders Payment Aggregator and Wallet License to RBI
Finance |
2024/05/14 17:11 pm Foodtech major Zomato wrote down INR 39 crore investment in its fintech subsidiary Zomato Payment Private Limited (ZPPL) duri... |
IIFL Finance Facing a Liquidity Crunch After Gold Loan Business Curbs
Finance |
2024/05/07 12:14 pm IIFL Finance is facing a liquidity crunch as banks have turned cautious while lending to it following a clampdown on the non-... |
Mahindra Finance Reports 10% Decline in Profit in FY2023-24
Finance |
2024/05/07 10:49 am Mahindra & Mahindra Financial Services has reported a 10% decline in standalone profit and tax to INR 619 crore for the J... |
Ugro Capital Acquires MyShubhLife for INR 45 Crore
Finance |
2024/05/04 13:02 pm Non-banking company Ugro Capital’s board has approved the acquisition of financial services platform MyShubhLife for an... |
PB Fintech Plans UAE Expansion; to Sell Stake in Two of Its Subsidiaries
Finance |
2024/05/02 17:34 pm The parent company of Policybazaar.com, PB Fintech, has received board approval to sell stakes in at least two of its subsidi... |
Stride Ventures Closes Third Fund at USD 165 Million; Plans to Invest in Indian Startups
Finance |
2024/05/02 16:54 pm Venture debt firm Stride Ventures has raised USD 165 million (about INR 1,380 crore) for its Fund III, which it plans to inve... |
BRISKPE Raises USD 5 Million Seed Round Funding from PayU
Finance |
2024/05/01 11:46 am Cross-border payments platform, BRISKPE, has raised USD 5 million in a seed round from PayU, the payments and fintech business of Prosus. BRISKPE will use the funding t... |
RBI Meets Banks & Fintechs to Popularise CBDC Among Customers
Finance |
2024/04/23 15:41 pm The Reserve Bank of India has met with a few bankers and fintech executives to understand how they can ensure consumer interest in adopting the central bank digital currency (CBDC), according to a ... |
HDFC Bank reports a Net profit of INR 16,511 Crore in Q4
Finance |
2024/04/22 17:16 pm Mumbai: HDFC Bank on April 20 reported a net profit of INR 16,511 crore for the January-March quarter of the financial year 2023-24, marking a 0.84% jump compared to IN... |
IMF Raises India’s Growth Forecast for 2024-25 to 6.8%
Finance |
2024/04/18 13:15 pm The International Monetary Fund (IMF) has raised India's growth forecast for 2024-25 to 6.8% from 6.5% on the back of str... |
HDFC Bank’s Gross Advances up 1.6%, Deposits Rise 26% in Q4
Finance |
2024/04/05 11:39 am HDFC Bank said its gross advances at the end of the March quarter rose 1.6% to INR 25.08 trillion (USD 300.44 billion) from t... |
Indian Companies’ Credit Quality Remains Positive in H2 FY25: CRISIL Ratings
Finance |
2024/04/01 18:09 pm New Delhi: Crisil Ratings said the credit quality outlook for Indian corporates remains positive for the April-September peri... |
Venture-Capital Firm Accel Announces 8 Startups for India under Atoms 3.0
Finance |
2024/03/28 17:07 pm Bengaluru: Read... |
Pocket FM Raises USD 103 Million Funding from Lightspeed, Others
Finance |
2024/03/21 15:58 pm Audio entertainment platform Pocket FM has raised USD 103 million (abo... |
Six Small and Medium Enterprises (SMEs) Gears Up for IPO This Month
Finance |
2024/03/12 12:40 pm The first company to begin bids on this day is Pratham EPC Projects IPO, which is involved in offering end-t... |
Gopal Snacks Ltd. set to redefine the Snacking Industry with its successful IPO
Finance |
2024/03/12 12:38 pm Gopal Snacks IPO subscribed 9 times on the final day of the offer. The initial share sale received bids for 10,81,08,746 shar... |
Startup for battery tech Lohum raises $14.5 Mn through Series B
Finance |
2024/03/12 12:33 pm Startup for battery tech Lohum raises $14.5 Mn through Series B |
Securitization of loans originated by small finance banks to cross Rs. 10,000 crore in FY2024
Finance |
2024/03/06 19:21 pm ICRA expects the number of funds raised through securitization by the small finance banks (SFBs) to exce... |
Higher interest rate increases repayment amount, limits refinancing options for SME borrowers with loans against property: Moody's
Finance |
2024/03/06 14:02 pm With rising funding cost, the NBFCs have increased interest rates for loans against property (LAP) to small and medium-size enterprise (SME) borrowers, which ... |