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IPO-bound BharatPe taps former SBI Cards exec as chief risk officer

People

20 February, 2023

IPO-bound BharatPe taps former SBI Cards exec as chief risk officer

Sequoia-backed BharatPe on Monday announced that it has appointed Aparna Kuppuswamy as its chief risk officer as the fintech unicorn ......

Twitter continues layoffs, this time across sales: Report

TMT

20 February, 2023

Twitter continues layoffs, this time across sales: Report

Microblogging platform Twitter has sacked more employees in a fresh round of layoff, reported a news website The Information. To ......

Motherson buys 100% stake in SAS Autosystemtechnik

Infrastructure

20 February, 2023

Motherson buys 100% stake in SAS Autosystemtechnik

Samvardhana Motherson International Ltd (SAMIL) has entered into an agreement to acquire 100% stake in Germany-based SAS Autosystemtechnik  at an ......

Meta likely to announce a fresh round of job cuts: Report

TMT

13 February, 2023

Meta likely to announce a fresh round of job cuts: Report

Meta Platforms, which owns Facebook, WhatsApp and Instagram, has reportedly delayed finalising the team budgets at multiple levels as it ......

Adani Group cuts revenue growth target, capex

Finance

13 February, 2023

Adani Group cuts revenue growth target, capex

The Adani Group has halved its revenue growth target and aims to scale down fresh capital expenditure, days after US-based ......

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 ......

Paytm's non-executive director quits

Finance

03 February, 2023

Paytm's non-executive director quits

Douglas Feagin resigned as non-executive, non-independent director of Paytm with immediate effect. It is hereby informed that Mr. Douglas Feagin ......

RBI asks Ienders for details of exposure to Adani Group

Finance

02 February, 2023

RBI asks Ienders for details of exposure to Adani Group

The Reserve Bank of India (RBI) has asked local banks for details of their exposure to the Adani Group of ......

India proposes new rules to levy 30% tax on winnings from online games, removes ₹10,000 TDS slab

General

01 February, 2023

India proposes new rules to levy 30% tax on winnings from online games, removes ₹10,000 TDS slab

The government of India has proposed new rules under the Income Tax Act to define online gaming and levy a ......

SoftBank deals hit record low, sapping funding for startups

TMT

27 January, 2023

SoftBank deals hit record low, sapping funding for startups

SoftBank Group Corp.’s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already ......