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BNP Paribas Picks Up INR 1,488 Cr Stake In Zomato, Dumps INR 503 Cr Shares In Nykaa

India, May 31 -- French banking giant BNP Paribas has bought 6.24 Lakh shares of foodtech major Eternal in a bulk deal worth INR 1,488.71 Cr. As per NSE data, BNP Paribas Financial Markets picked up ... Read More


Govt To Procure Additional 14,000 GPUs: IT Minister

India, May 30 -- IT minister Ashwini Vaishnaw has reportedly said that the government is all set to procure an additional 14,000 graphics processing units (GPUs) under the IndiaAI mission. "In the fi... Read More


Ola Electric's Q4 Snapshot, Razorpay's Homecoming & More

India, May 30 -- Ola Electric's Burn Gets Deeper In Q4 Ola Electric's loss-making spree extended into Q4 FY25 as well. The EV maker's net losses doubled as "execution challenges" and intensifying com... Read More


Flipkart Focussing On Market Share Over Profitability: Walmart Int'l CEO

India, May 30 -- Walmart International CEO Kathryn McLay has said that the retail giant's India ecommerce arm, Flipkart, will not prioritise profitability over market share and future growth. "We're ... Read More


NCLT Orders Freezing Of Gensol's Bank Accounts & Lockers

India, May 29 -- The Ahmedabad bench of National Company Law Tribunal (NCLT) has issued directions to freeze and attach all the bank accounts and lockers of troubled engineering, procurement and const... Read More


Inside Gaurav Munjal's Exit, NEWME's INR 180 Cr Revenue Run & More

India, May 29 -- Inside Gaurav Munjal's Exit From Unacademy After BYJU'S, it now seems that Unacademy is in the middle of an upheaval. The edtech giant's cofounders Gaurav Munjal and Roman Saini have... Read More


Trust Fintech's Profit Declines 28% To INR 9 Cr In FY25

India, May 28 -- Fintech SaaS company Trust Fintech's standalone net profit declined 28% to nearly INR 9 Cr in the financial year 2024-25 (FY25) from INR 12.57 Cr in the previous fiscal. In the secon... Read More


Can Bira 91 Reclaim Its Crown? CARS24 Axes 120 Jobs & More

India, May 28 -- Why Dropping 'Private' Sent Bira 91 Into A Tailspin What's there in a name, goes the old adage. Well, in the case of Bira 91 - everything. A mere change in the name has taken the bra... Read More


Can Bira 91 Reclaim Its Crown?, CARS24 Axes 120 Jobs & More

India, May 28 -- Why Dropping 'Private' Sent Bira 91 Into A Tailspin What's there in a name, goes the old adage. Well, in the case of Bira 91 - everything. A mere change in the name has taken the bra... Read More


Amagi Turns Into A Public Entity As It Readies For IPO

India, May 28 -- Media-focussed SaaS unicorn Amagi has converted into a public entity as it gears up for its initial public offering (IPO). As per its filings with the Registrar of Companies (RoC), t... Read More