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IPO-Bound Pine Labs Nets INR 1,754 Cr From Anchor Investors

India, Nov. 7 -- Ahead of the commencement of bidding for its public issue today, fintech major Pine Labs has raised INR 1,753.8 Cr from anchor investors The company allotted 7.93 Cr equity shares to... Read More


TVS Motor To Sell Rapido Stake Worth INR 288 Cr To Prosus & Accel

India, Nov. 6 -- Auto major TVS Motor today said that it has signed share purchase agreements with Accel and Prosus to sell its stake worth INR 287.9 Cr in ride-hailing unicorn Rapido. In a filing wi... Read More


PW All Set For IPO, India's Data Centre Boom & More

India, Nov. 6 -- PhysicsWallah's Biggest Test Yet PhysicsWallah is all set for its D-Street debut. The edtech giant has filed its red herring prospectus with SEBI for an INR 3,480 Cr public listing, ... Read More


MeitY Unveils AI Governance Framework

India, Nov. 6 -- The IT ministry (MeitY) yesterday released IndiaAI Governance Guidelines to ensure safe, inclusive and responsible AI adoption across sectors. The guidelines propose a governance fra... Read More


Maharashtra Govt Partners Starlink To Offer Satcom Services In Rural Areas

India, Nov. 6 -- The Maharashtra government has signed a letter of intent (LoI) with Starlink to deploy satellite-based internet services for government institutions in the state. As part of the coll... Read More


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 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


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