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Data Sutram Bags $9 Mn To Offer Fraud Detection Services To BFSI Sector

India, May 22 -- BFSI-focussed B2B SaaS startup Data Sutram has raised a Series A funding of $9 Mn (around INR 77 Cr) co-led by Lightspeed Venture Partners and B Capital. The round was a mix of prima... Read More


Best stock recommendations today: MarketSmith India's top picks for 22 May

New Delhi, May 22 -- On Wednesday, Nifty 50 rose 0.52% to close at 24,813.45, supported by strong gains in all major sectoral indices. A recovery in foreign institutional investor (FII) flows helped i... Read More


PepsiCo acquires poppi for $1.95 Bn

India, May 22 -- poppi, a fast-growing prebiotic soda brand, is among PepsiCo's recent acquisitions PepsiCo has closed the acquisition of poppi for$1.95 billion, including$300 millionof anticipated c... Read More


PFC declares Gensol as fraud, to approach NCLT if recovery falls short

Mumbai, May 22 -- State-run Power Finance Corp. has declared its loan exposure to Gensol Engineering Ltd as fraud after its preliminary findings and has fully provided for the loan amount, according t... Read More


IPO-bound Schloss to expand 'Leela' portfolio, enter new segments

Mumbai, May 22 -- Brookfield-backed Schloss Bangalore Ltd, which will launch India's largest hospitality initial public offering (IPO) next week, plans to open seven new 'Leela' branded luxury hotels ... Read More


PSU banks gain market share in mortgage loans as private lenders slow down

Mumbai, May 22 -- Public sector banks have been gaining market share over their private sector peers in mortgage or home loans, thanks to an aggressive push in tier-3 cities and beyond, and as private... Read More


India's over 4 mn influencers have a lament: Views aren't leading to subscribers

New Delhi, May 22 -- India's content space, home to more than 4 million social media influencers and counting, is hotly contested, making it tough for creators to convert viewers into subscribers. Cre... Read More


Maha: Landslide in Amboli Ghat section in Sindhudurg

Kolhapur / Sindhudurg, May 22 -- Heavy pre-monsoon showers lashing the Sindhudurg district over past few days triggered a landslide in Amboli Ghat section on Amboli-Goa road on Thursday. However, the... Read More


General strike called in Manipur over security forces' action

Imphal, May 22 -- Normal life was completely affected in Manipur due to a 48-hour general strike called to protest the security forces stopping a Manipur State Transport bus and demanding that the wor... Read More


Odisha Yatri crosses 2 lakh trips, Drivers earn over Rs 2 Crore

Bhubaneswar, May 22 -- Over 10,000 drivers have collectively earned more than Rs 2 crore through the Odisha Yatri app, launched by the State Transport Department five months ago. Since the government... Read More