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Tariff Relief Or Ceasefire? New-Age Tech Stocks See $3 Bn M-Cap Surge

India, May 12 -- In line with the BSE Sensex, 31 of the 33 new-age tech stocks ended Monday's trading (May 12) in the green, gaining in a range of 0.67% to 10%. As a result, the total market capitali... Read More


Alibaba's Antfin To Divest 4% Stake In Paytm For INR 2,200 Cr

India, May 12 -- Chinese tech giant Alibaba group's company Antfin is reportedly looking to sell up to 4% stake in Paytm worth INR 2,200 Cr through block deals. A Moneycontrol report, citing sources ... Read More


Block Deals: Alibaba's Antfin Likely To Divest 4% Stake In Paytm For INR 2,200 Cr

India, May 12 -- Chinese tech giant Alibaba group's company Antfin is reportedly looking to sell up to 4% stake in Paytm worth INR 2,200 Cr through block deals. A Moneycontrol report, citing sources ... Read More


Inside The Corporate Governance Lapses At Indian Startups

India, May 12 -- "I can name at least four IPO-bound startups whose financials are delayed because the auditors are refusing to sign on their books, after discrepancies were found in their annual fili... Read More


FamApp Overtakes Amazon Pay In April's UPI Count, PhonePe Continues To Lead

India, May 12 -- FamApp By Trio (erstwhile FamPay) surpassed Amazon Pay to become the eighth biggest Unified Payment Interface (UPI) player in April. The Bengaluru-based FamApp recorded nearly 10 Cr ... Read More


Uber To Take On Porter With Expansion Of Courier Service For Large Deliveries

India, May 12 -- Mobility major Uber has announced the expansion of its courier service Uber Courier with the launch of Courier XL in India to deliver large goods. In a statement, Uber said that the ... Read More


M1xchange Raises $10 Mn To Boost Supply Chain Financing For MSMEs

India, May 12 -- Supply chain financing platform M1xchange has raised $10 Mn (around INR 84 Cr) from Filter Capital via secondary deal. The startup plans to use the fresh capital to boost its digital... Read More


IPL Suspended: JioHotstar, Brands Brace For Fallout

India, May 12 -- The fight for 22 yards was nearly scorched out as clashes on the 3,323 Km India-Pakistan border began on May 7. The Board of Control for Cricket in India (BCCI) decided to suspend the... Read More


Zaggle Q4: Profit Jumps 62% YoY To INR 31 Cr

India, May 12 -- Fintech SaaS company Zaggle's consolidated profit after tax (PAT) surged 62% to INR 31.1 Cr in the fourth quarter (Q4) of the fiscal year 2024-25 (FY25) from INR 19.2 Cr in the year-a... Read More


Ather Q4: Loss Narrows 17% YoY To INR 234 Cr

India, May 12 -- Recently listed EV major Ather Energy narrowed its net loss by 17% to INR 234.4 Cr in the fourth quarter of FY25 from INR 283.3 Cr in the year-ago quarter. However, on a quarter-on-qu... Read More