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Paytm's Q2 Snapshot, Porter Cuts 350 Jobs & More

India, Nov. 5 -- Paytm's Past Muddles Q2 Paytm just about managed to remain in the black in Q2 FY26. Despite robust growth in its top line and improving EBITDA margins, the company's profits shrank c... Read More


Aakash CFO Vipan Joshi Quits After 9-Year Stint

India, Nov. 5 -- In yet another top-level exit at Aakash, the troubled coaching chain's chief financial officer (CFO) Vipan Joshi has quit the company after a nine year-long stint. "After 9+ years at... Read More


SC Directs Centre To Reply On Pleas Challenging RMG Ban

India, Nov. 5 -- The Supreme Court (SC) yesterday reportedly directed the Centre to furnish a "comprehensive" reply on a clutch of petitions challenging the new online gaming rules, which impose a bla... Read More


Paytm To Raise Up To INR 2,250 Cr Via Rights Issue To Boost PPSL

India, Nov. 5 -- Fintech major Paytm's parent One97 Communications Ltd's board yesterday approved a proposal to raise up to INR 2,250 Cr via a right issue to further bolster its payments arm, Paytm Pa... Read More


Paytm To Invest INR 2,250 Cr To Boost PPSL

India, Nov. 5 -- Fintech major Paytm's parent One97 Communications Ltd's board yesterday approved a proposal to invest up to INR 2,250 Cr via a right issue in its payments arm, Paytm Payments Services... Read More


[Update] EaseMyTrip Enters Agreements To Acquire 5 Businesses For INR 514 Cr

India, Nov. 4 -- Update | November 4, 16:07 IST Following up on its earlier announcements, EaseMyTrip has entered into definitive agreements for the below mentioned acquisitions: 100% stake in Gurug... Read More


MapmyIndia To Offer Real-Time Delhi Metro Data On Mappls

India, Nov. 1 -- Listed geotech giant MapmyIndia has signed an agreement with the Delhi Metro Rail Corporation (DMRC) to integrate the latter's real-time data into its navigation platform Mappls. Und... Read More


VCs & Founders Urge Govt To Introduce Tax Breaks To Spur Deeptech

India, Nov. 1 -- Deeptech and semiconductor startups, along with top venture capitalists (VCs), yesterday urged commerce minister Piyush Goyal to introduce targeted tax incentives to spur investments ... Read More


IPO-Bound Lenskart Nets INR 3,268 Cr From Anchor Investors

India, Oct. 30 -- Ahead of the commencement of the bidding for its public issue on October 31, omnichannel eyewear giant Lenskart today raised INR 3,268.4 Cr from anchor investors. The company alloca... Read More


Amazon To Lay Off 800-1,000 Employees In India

India, Oct. 30 -- As part of a global retrenchment exercise, ecommerce major Amazon may reportedly lay off 800 to 1,000 corporate employees in India. A source told Economic Times that the layoffs wil... Read More