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Policybazaar's IT systems 'hacked', informs authorities

Finance

25 July, 2022

Policybazaar's IT systems 'hacked', informs authorities

Insurance brokerage firm Policybazaar has revealed that it has identified certain vulnerabilities in its IT systems and the same...

Reliance drags indices lower after a disappointing Q1

Finance

25 July, 2022

Reliance drags indices lower after a disappointing Q1

Markets dropped on Monday after their longest winning run since last October, after index heavyweight Reliance Industries slid...

Unicorn 5ire bets on proof-of-benefit for platform adoption

TMT

25 July, 2022

Unicorn 5ire bets on proof-of-benefit for platform adoption

Blockchain unicorn 5ire, which achieved $1.5 billion valuation on 15 July with a $100 million fundraise, plans to use the ......

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Deals Digest: Total value drops as early-stage funding takes lead in ecosystem

Finance

22 July, 2022

Deals Digest: Total value drops as early-stage funding takes lead in ecosystem

Venture capital and private equity funding activity remained subdued in terms of value this week, as low-ticket early-stage funding...

CPPIB now eligible for income tax relief for investment in India

Finance

22 July, 2022

CPPIB now eligible for income tax relief for investment in India

The Central Board of Direct Taxes (CBDT) on Friday notified pension fund CPPIB Credit Investments VI Inc., as an eligible ......

Digital lenders should stick to businesses they are licensed to do, says RBI Governor Das

Finance

22 July, 2022

Digital lenders should stick to businesses they are licensed to do, says RBI Governor Das

Digital lenders should operate within the guardrails of regulatory guidelines and adhere to the specific licences granted to them,...

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Fintech Bright Money lays off 100 employees

Finance

22 July, 2022

Fintech Bright Money lays off 100 employees

Sequoia-backed fintech startup Bright Money has laid off close to 100 people or 50% of its workforce, according to a ......

Zomato, Swiggy likely to see a cut in business from Domino's

Consumer

22 July, 2022

Zomato, Swiggy likely to see a cut in business from Domino's

Domino's Pizza India franchise will consider taking some of its business away from food delivery apps, Zomato and SoftBank-backed...

Oil prices drop as Libyan output resumes, Brent down $1

Finance

22 July, 2022

Oil prices drop as Libyan output resumes, Brent down $1

Oil prices fell on Friday on a weakening global demand outlook and the resumption of some Libyan crude oil output. Brent ......

Indices end the day and week higher as FIIs return to the game

Finance

22 July, 2022

Indices end the day and week higher as FIIs return to the game

Markets closed at their highest level in seven weeks on Friday to record their best week since February 2021, led ......

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