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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Delhivery widens losses; revenue drops in Q3

Finance

10 February, 2023

Delhivery widens losses; revenue drops in Q3

Logistics company Delhivery widened its losses along with a drop in its revenue in the last quarter amid a challenging ......

Alibaba sells entire stake in Paytm, MS buys it partially

Finance

10 February, 2023

Alibaba sells entire stake in Paytm, MS buys it partially

Chinese conglomerate Alibaba has sold its entire 3.4% stake in One97 Communications-owned Paytm worth Rs 1,377 crore via......

Info Edge reports a Q3 loss due to one-off expense

Finance

10 February, 2023

Info Edge reports a Q3 loss due to one-off expense

Listed Internet company Info Edge on Friday announced a consolidated net loss of Rs 116.5 crore for Q3FY23 versus a ......

PB Fintech's net loss narrows in Q3, says on track to be profitable this FY

Finance

10 February, 2023

PB Fintech's net loss narrows in Q3, says on track to be profitable this FY

PB Fintech-owned Policybazaar reported a significant contraction in its Q3FY23 net loss to Rs 87.3 crore against Rs 298 ......

Kotak Mahindra to buy microfinance lender Sonata Finance for $65 mn

Finance

10 February, 2023

Kotak Mahindra to buy microfinance lender Sonata Finance for $65 mn

Kotak Mahindra Bank said on Friday it would acquire Sonata Finance Pvt Ltd for 5.37 billion rupees ($65.04 million) in ......

Adani crisis deepens with Moody's downgrades and index weighing cuts

Finance

10 February, 2023

Adani crisis deepens with Moody's downgrades and index weighing cuts

Moody's downgraded on Friday the ratings outlook for some Adani Group companies, while MSCI said it would cut the ......

Markets fall on slowdown jitters, Adani group uncertainty

Finance

10 February, 2023

Markets fall on slowdown jitters, Adani group uncertainty

Markets declined on Friday, tracking a slide in global equities on fears that monetary policy tightening would slow down......

CPP Investments commits Rs 1,800 cr to India in 3rd quarter

Finance

10 February, 2023

CPP Investments commits Rs 1,800 cr to India in 3rd quarter

Canada Pension Plan Investment Board (CPP Investments), Canada’s largest pension fund manager, has committed nearly Rs......

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How SEBI is all geared up to make AIFs more investor-friendly

Finance

10 February, 2023

How SEBI is all geared up to make AIFs more investor-friendly

Winds of change are set to sweep the investment scenario in the country. The Securities and Exchange Board of India ......

Paytm drops 7% after reports of block trade

Finance

10 February, 2023

Paytm drops 7% after reports of block trade

Shares of One 97 Communications Ltd (Paytm) tanked more than 7% to ₹653 apiece on the BSE in Friday's opening ......

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