
Improving credit growth, decreasing asset-quality risks will be the character of Indian non-banking financial institutions (NBFI) during FY23, said Fitch Ratings on Monday. ...

As India prepares for 5G spectrum auction next month, the Broadband India Forum (BIF) on Monday said that not allowing direct spectrum allocation to enterprises will be anti-competitive and only favour the telecom operators. ...

Credit rating agency Moody's Investors Service on Monday said banks in India, Saudi Arabia and South Africa would post larger increases in margins in FY23. ...

The increase in prepaid payment instruments transactions could lead to higher than expected growth in wallet transactions and revenue for Paytm, says a Goldman Sachs report ...

As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is "heading to zero"....

Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its quick-commerce business, at a time when Indian companies are pouring money into the 10-15 minute grocery delivery market. ...

It's been over three months now since a Bangladeshi container ship capsized inside the Netaji Subhas Docks (NSD) in Kolkata but the possibility to salvage it and clear the berth in the near future looks bleak. Syama Prasad Mookerjee Port (SMP), Kolkata, has already lost several crores over the last 90-odd-days as it is unab...

On Adani Group Chairman Gautam Adanis 60th birthday, a record 14,000 Adani employees donated blood at various locations across the country....

Online food delivery platform Zomato on Friday announced it had acquired quick-commerce platform Blinkit for Rs 4,447 crore (about $568 million) in an all-stock deal....

Tamil Nadu Generation and Distribution Company (Tangedco) is conducting a feasibility study on three hydropower projects that will generate 2500 MW of power....