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RBI Clears Fino Payments Bank's Conversion Into Small Finance Bank

India, Dec. 5 -- Fino Payments Bank has received in-principle approval from the Reserve Bank of India (RBI) to convert into a small finance bank (SFB). Under RBI's "on-tap" licensing rules, a payment... Read More


Cloudflare Outage Disrupts Trading On Groww, Zerodha, Angel One

India, Dec. 5 -- Several Indian broking platforms, including Zerodha, Angel One, Groww and Upstox, went offline during the trading hours today, as internet services company Cloudflare suffered yet ano... Read More


upGrad Halves FY25 Loss To INR 273.7 Cr, Revenue Up 6%

India, Dec. 4 -- Edtech major upGrad slashed its net loss by more than 51% to INR 273.7 Cr in FY25 from INR 559.8 Cr loss incurred in the previous fiscal. The startup's shrinking losses came on the ba... Read More


InMobi Cofounders Buy Back Major Stake From SoftBank

India, Dec. 4 -- The cofounders of adtech major InMobi have bought back around 25-30% stake from its early investor SoftBank, reducing the Japanese firm's holding to under 8% from about 35% earlier, a... Read More


[Update] Smartphone Makers Asked To Preload Sanchar Saathi App For Cyber Security

India, Dec. 2 -- Updated | December 2, 14:25 IST Telecom minister Jyotiraditya Scindia clarified that the Sanchar Saathi app is not compulsory for users, and smartphone users will have an option to d... Read More


Apple Vs CCI: Delhi HC Questions Watchdog's Global Turnover Penalty Rule

India, Dec. 1 -- The Delhi High Court (HC) has reportedly directed the corporate affairs ministry and the Competition Commission of India (CCI) to respond within a week to Apple's petition challenging... Read More


Smartphone Makers Asked To Preload Sanchar Saathi App For Cyber Security

India, Dec. 1 -- The telecom ministry has directed smartphone companies to preload government-backed cyber safety app, Sanchar Saathi, on all new devices sold in India. The app will be locked on the p... Read More


Temasek-Backed Atomberg Eyes $200 Mn IPO

India, Dec. 1 -- Temasek-backed home appliances startup Atomberg Technologies is preparing for a $200 Mn (about INR 1,790 Cr) IPO. The startup has begun early talks with investment banks and is expec... Read More


Zelio E-Mobility, Fino Payments Bank Rally Amid Mixed Week For New-Age Tech Stocks

India, Nov. 29 -- Investor sentiment around new-age tech stocks remained mixed this week, even as the broader market showed resilience. Twenty nine out of the 47 new-age tech stocks ended the week in ... Read More


Lenskart Q2 FY26: Profit Up 19.8% To INR 103.4 Cr

India, Nov. 29 -- Omnichannel eyewear retailer Lenskart posted a 19.8% rise in its consolidated net profit for the quarter ended of FY26 (Q2 FY26) to INR 103.4 Cr from INR 86.3 Cr in the same period l... Read More