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Paytm Removed From MSCI India Index Amid Declining Market Cap, PB Fintech Added

India, May 15 -- Amid the sharp fall in its market capitalisation, fintech major Paytm's parent One 97 Communications has been removed from the MSCI India Index. The MSCI India Index had 13 additions... Read More


MakeMyTrip Q4: Net Profit Surges To $171.9 Mn On Tax Credit, One-Time Gain

India, May 15 -- Nasdaq-listed Indian traveltech major MakeMyTrip posted a net profit of $171.9 Mn in the March quarter (Q4) of the financial year 2023-24 (FY24) as against a profit of $5.4 Mn reporte... Read More


ideaForge PAT Slips 30% QoQ To INR 10.3 Cr In Q4

India, May 14 -- Drone manufacturer ideaForge posted more than a 30% decline in its consolidated profit after tax (PAT) to INR 10.3 Cr in the March quarter (Q4) of the financial year 2023-24 (FY24) fr... Read More


Matrimony Q4: PAT Rises 2.9% YoY To INR 11.7 Cr; Paid Subscriptions Cross 1 Mn Mark

India, May 14 -- Listed matrimonial startup Matrimony.com reported a 2.9% growth in its consolidated profit after tax (PAT) to INR 11.7 Cr in the March quarter (Q4) of the financial year 2023-24 (FY24... Read More


Amid Surge In SME IPOs, SEBI Mulls Tighter Norms For Such Listings

India, May 14 -- At a time when the public listings on the SME platforms of the BSE and the NSE are on the rise, the Securities and Exchange Board of India (SEBI) is reportedly looking to tighten the ... Read More


Zomato To Scale Up Meal Service 'Zomato Everyday' With Bengaluru, Mumbai

India, May 13 -- After largely making it available in Gurugram, foodtech major Zomato is now aiming to expand and scale its home-cooked meal service 'Zomato Everyday' in Bengaluru and Mumbai. Speakin... Read More


Zomato To Surrender RBI Licence To Operate As An Online Payment Aggregator

India, May 13 -- Food tech major Zomato's subsidiary Zomato Payment Private Limited (ZPPL) has decided to voluntarily surrender the certificate of authorisation it obtained from the Reserve Bank of In... Read More


New-Age Tech Stocks Slump In Line With The Broader Market, CarTrade Biggest Gainer This Week

India, May 12 -- Indian new-age tech stocks nosedived this week on the back of a slump in the broader equity market amid worries about the outcome of the 2024 general elections. Seventeen out of the ... Read More


National Technology Day: What's Fabricating In India's Semiconductor Space?

India, May 11 -- From advancements in artificial intelligence (AI) to streamlining digital payments through the development of the Unified Payments Interface (UPI), and now, endeavours to foster a rob... Read More


Digit Sets IPO Price Band At INR 258-272, Aims To Raise Over INR 2,600 Cr

India, May 10 -- Insurance tech unicorn Digit Insurance has set a price band in the range of INR 258 to INR 272 per equity share for its upcoming initial public offering (IPO), which is opening for bi... Read More