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Finance

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

NFT platform BollyCoin closes pre-sale round after selling 20 mn tokens worth $2 mn

Finance

19 November, 2021

NFT platform BollyCoin closes pre-sale round after selling 20 mn tokens worth $2 mn

Bollywood-focused non-fungible token (NFT) platform BollyCoin has closed its pre-sale round, after selling 20 million tokens worth...

China's Alibaba warns of slowest revenue growth since debut

Finance

18 November, 2021

China's Alibaba warns of slowest revenue growth since debut

China's Alibaba Group Holding Ltd forecast annual revenue to grow at its slowest pace since its 2014 stock market debut ......

Italy's Genera Group to acquire stake in Nayara Energy

Finance

18 November, 2021

Italy's Genera Group to acquire stake in Nayara Energy

Italy's Genera Group Holding SpA has proposed to acquire shares of Singapore-based Tendril Ventures Pte Ltd, paving the way...

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Disruptors Capital set to launch Rs 100-120 cr VC fund

Finance

18 November, 2021

Disruptors Capital set to launch Rs 100-120 cr VC fund

Disruptors Capital is set to launch a Rs 120 crore ($16 million) venture capital (VC) fund to invest in technology ......

Avail Finance appoints Alexander John as chief business officer, beefs up top management

Finance

18 November, 2021

Avail Finance appoints Alexander John as chief business officer, beefs up top management

Private equity-backed Avail Finance, which offers loans to blue-collar workers, has announced the appointment of industry veteran...

China Evergrande sells streaming platform stake at steep discount; S&P says default "likely"

Finance

18 November, 2021

China Evergrande sells streaming platform stake at steep discount; S&P says default "likely"

China Evergrande Group is selling its entire stake in streaming services firm HengTen Network Group for  HK$2.13 billion...

India's Mahanagar Telephone Nigam surges after report on govt's revival plan

Finance

18 November, 2021

India's Mahanagar Telephone Nigam surges after report on govt's revival plan

Shares of India's state-owned loss-making telecom firm Mahanagar Telephone Nigam Ltd soared as much as 15% on Thursday, after...

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

Finance

18 November, 2021

Prosus-owned PayU Finance promotes Bhavik Kaul to the post of chief product officer

PayU Finance, which owns the ‘Buy Now, Pay Later’ (BNPL) LazyPay, has posted Bhavik Kaul to the post of chief ......

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Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Finance

18 November, 2021

Avail Fin acquires neobank, seeks  approval  to  buy  NBFC

Avail Finance, which offers loans to blue-collar workers, has acquired YeLo, a neobank operating in the same segment, and is ......

India's Escorts hits record high as Japan's Kubota plans to raise stake

Consumer

18 November, 2021

India's Escorts hits record high as Japan's Kubota plans to raise stake

Japanese firm Kubota Corp will raise its stake in Escorts Ltd to as much as 44.8%, the tractor manufacturer said ......

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