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EPFO to shut the door on claims made via Paytm Payments Bank

TMT

09 February, 2024

EPFO to shut the door on claims made via Paytm Payments Bank

India's state-run social security fund will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the country's ......

More Indian asset managers shift overseas business to GIFT City

Finance

09 February, 2024

More Indian asset managers shift overseas business to GIFT City

Several Indian asset managers said they are moving, or planning to move, some offshore fund business from financial centres such ......

Apollo Global's Q4 earnings jump 31% on management fees, annuities

Finance

09 February, 2024

Apollo Global's Q4 earnings jump 31% on management fees, annuities

Apollo Global Management said on Thursday its fourth-quarter adjusted net income jumped nearly 31%, driven by growth in management fees ......

Temasek, Country Delight backer Seviora raise $173 mn for Asia agri-food bets

Finance

09 February, 2024

Temasek, Country Delight backer Seviora raise $173 mn for Asia agri-food bets

Singapore state investment firm Temasek and its wholly owned unit Seviora have partnered to jointly invest in late venture and ......

SoftBank reports first profit in five quarters propelled by turnaround in portfolio yield

Finance

08 February, 2024

SoftBank reports first profit in five quarters propelled by turnaround in portfolio yield

Japan's SoftBank Group returned to profit for the first time in five quarters on Thursday, as the Japanese tech investment ......

Zomato posts net profit in Q3, revenue from quick commerce more than doubles

TMT

08 February, 2024

Zomato posts net profit in Q3, revenue from quick commerce more than doubles

Indian food delivery platform Zomato reported a quarterly profit that beat market expectations on Thursday, aided by increased demand during ......

RBI says clampdown on Paytm Payments Bank due to persistent non-compliance

Finance

08 February, 2024

RBI says clampdown on Paytm Payments Bank due to persistent non-compliance

The Reserve Bank of India's (RBI) clampdown on Paytm Payments Bank's business was a result of persistent non-compliance of the ......

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

Economy

08 February, 2024

RBI leaves rates unchanged, sees GDP growth at 7% for FY25

India's key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as inflation remained ......

Hillhouse acquires Singapore's InCorp from TA Associates

Finance

08 February, 2024

Hillhouse acquires Singapore's InCorp from TA Associates

Singapore-headquartered corporate solutions and business advisory firm InCorp Global said on Thursday it has been acquired by global alternative investment ......

SEBI proposes ways for deregistered offshore funds to dispose of securities

Finance

08 February, 2024

SEBI proposes ways for deregistered offshore funds to dispose of securities

India's markets regulator proposed late on Wednesday ways in which offshore funds whose India licences have expired can dispose of ......