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Category: Business
Paisabazaar makes shift to secured loans
Paisabazaar shifted its focus from unsecured to secured lending due to RBI’s new directions. The firm partnered with 25 lenders for secured loans and aims […]
Decathlon invests Rs 930cr more to step up local manufacturing
Decathlon announced a new investment of 100 million euros in India, increasing their total commitment to over 200 million euros. The company plans to ramp […]
Paytm to sell ticketing business to Zomato in Rs 2,048cr deal
Paytm will sell its entertainment ticketing business, including TicketNew and Insider, to Zomato for Rs 2,048 crore, the company announced. This deal, set to transition […]
Tata Punch pips WagonR as top-selling car
Tata Motors’s ‘micro SUV’ Punch topped India’s car sales from January to July 2024, selling over 1,26,000 units. The Punch has benefited from its new […]
Nambiar quits Cognizant, to join Nasscom as president
Rajesh Nambiar resigned from his position as Cognizant India CMD after four years to become the president-designate of Nasscom. Rajesh Varrier will replace him effective […]
Foreign spends slide 44% to USD 2.2 billion in June as TCS bites
In June 2024, Indians’ total spending on external remittances dropped 44% year-on-year to $2.2 billion, with consistent declines noted across categories like travel and studies […]
Faceless, fair & friendly: FM’s mantra for taxmen
Finance minister Nirmala Sitharaman emphasised a faceless, fair, and friendly income tax regime, urging simplification in communication to avoid intimidating taxpayers. She praised the increasing […]