India Ratings Urges Fintech NBFCs to Reassess Business Models Amid Regulatory and Funding Challenges

India Ratings (Ind-Ra) has cautioned fintech non-banking financial companies (NBFCs) to reevaluate their business models and moderate loan disbursements due to tightening funding conditions and regulatory concerns regarding aggressive growth…

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Air India SATS Launches India’s First Luxury Tarmac Coach for Business Class Travelers

Air India SATS Airport Services Private Limited (AISATS) has introduced India’s first luxury tarmac coaches exclusively for First and Business Class passengers at Delhi’s Indira Gandhi International Airport. The state-of-the-art…

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Singapore Companies Commit Rs 5 Lakh Crore Investment in India Following PM Modi’s Roundtable

Following Prime Minister Narendra Modi’s recent roundtable with Singaporean business leaders, Singaporean companies have pledged investments totaling Rs 5 lakh crore in India over the next few years. This significant…

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India’s Services Sector Hits 5-Month High in August Amid Strong Domestic Demand: PMI Report

India's services sector experienced its fastest growth in five months this August, as resilient domestic demand and easing inflationary pressures drove expansion. The HSBC India Services Purchasing Managers' Index (PMI),…

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Roubini: Continued Reforms Could Propel India’s Growth to 8%, Positioning It as a Major Global Power

India's potential growth rate could reach 8% with further economic reforms, positioning the country as a major global economic power in the coming years, according to renowned economist Nouriel Roubini.…

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Tata Consumer Products Finalizes Merger of Three Subsidiaries to Streamline Operations

Tata Consumer Products Ltd (TCPL), a prominent player in the FMCG sector, has successfully merged its three wholly-owned subsidiaries—Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz Ltd—following…

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Read more about the article Rapidly Growing e-grocery Startup Zepto Secured $1 Billion Investment in just 2 Months
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Rapidly Growing e-grocery Startup Zepto Secured $1 Billion Investment in just 2 Months

Zepto’s latest fundraising came in two phases, with the first round of $665 million closing on June 21 and the second round of $340 million on August 29. The quick…

Continue ReadingRapidly Growing e-grocery Startup Zepto Secured $1 Billion Investment in just 2 Months