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Fintech firm MyShubhLife to raise $40 mn from existing, new investors

Finance

21 July, 2022

Fintech firm MyShubhLife to raise $40 mn from existing, new investors

MyShubhLife (formerly Shubh Loans), backed by BeeNext and Omidyar Network, plans to raise $40 million (over Rs...

Rupee rangebound around 80/$ after RBI intervention

Finance

21 July, 2022

Rupee rangebound around 80/$ after RBI intervention

The rupee was held in a tight range on Thursday as dollar selling intervention by the central bank offset early ......

Markets continue to hold 6-week high in early trade

Finance

21 July, 2022

Markets continue to hold 6-week high in early trade

Shares on Thursday hovered near a six-week high, boosted by private lender IndusInd Bank after its quarterly profit surged, while...

NCLT admits petition to initiate resolution against Future Retail

Consumer

20 July, 2022

NCLT admits petition to initiate resolution against Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s petition to initiate...

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Auxano Capital launches new $25 mn fund; plans final close of angel fund

Finance

20 July, 2022

Auxano Capital launches new $25 mn fund; plans final close of angel fund

Auxano Capital, an early-stage venture capital firm, has launched a new fund that seeks to raise $25 million and is ......

IIFL Finance hires ex-L&T Financial Services executive as CTO

Finance

20 July, 2022

IIFL Finance hires ex-L&T Financial Services executive as CTO

Fairfax-backed non-bank lender, IIFL Finance Ltd has appointed former L&T Financial Services official Gaurav Sharma as chief...

Markets hold on to early gains, end at over 6-week high

Finance

20 July, 2022

Markets hold on to early gains, end at over 6-week high

Shares ended at a more than six-week high on Wednesday, led by strong gains in technology firms and as oil ......

Rupee holds fort at 80/$ mark as RBI takes charge of fall

Finance

20 July, 2022

Rupee holds fort at 80/$ mark as RBI takes charge of fall

The rupee held below the 80/$ mark on Wednesday aided by the central bank's dollar-selling intervention, traders said, while...

Markets hail reduction in windfall tax on fuel, rise 1%

Finance

20 July, 2022

Markets hail reduction in windfall tax on fuel, rise 1%

Indices rose more than 1% to a six-week high on Wednesday, as oil producers and refiners surged after the government ......

PNB Housing settles Carlyle open offer case with regulator

Finance

20 July, 2022

PNB Housing settles Carlyle open offer case with regulator

PNB Housing Finance Ltd and 11 directors of the company have settled the Carlyle Group open offer case with the ......

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