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Exclusive: BharatPe Raises INR 125 Cr Debt From Neo Group, Trifecta

India, May 6 -- Fintech unicorn BharatPe has raised INR 125 Cr (around $15 Mn) in a debt funding round co-led by Neo Group and Trifecta Capital. BharatPe issued 5,000 Series I2 and 2,500 Series D3 no... Read More


Ather Energy Ends First Trading Session 6% Below IPO Price

India, May 6 -- After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR 321, the c... Read More


Paytm Allots Stock Options, Equity Shares Ahead Of Q4 Results

India, May 6 -- Ahead of Paytm's financial results announcement for the quarter ended March 2025, the company's board has approved the allotment of 63,108 equity shares and 1,04,400 stock options to t... Read More


Centre Issues New Security Mandates For Starlink, Jio-SES, Other Satcom Players

India, May 6 -- The telecommunications department (DoT) has issued a new set of Global Mobile Personal Communications by Satellite (GMPCS) guidelines, which mandate compliance with 29 new security nor... Read More


Online Gaming Similar To Betting & Gambling, Taxable At 28%: DGGI Tells SC

India, May 6 -- The Directorate General of GST Intelligence (DGGI) has reportedly told the Supreme Court that online gaming companies are engaging in activities that qualify as betting and gambling, w... Read More


[Update] Ola Electric Issues Clarification After IP Rights Transfer Report

India, May 6 -- Update | May 6, 1:55 PM Amid a media report that Bhavish Aggarwal is planning to transfer the intellectual property rights for the Ola brand to a new holding company controlled by his... Read More


Swiggy To Transfer Ownership Of Digital-First Food Brands To Kouzina

India, May 6 -- Foodtech major Swiggy has entered into a strategic agreement with Bengaluru-based Kouzina Food Tech to snap up exclusive licences for its digital-first food brands, including The Bowl ... Read More


MCA Orders Probe Into BluSmart, Gensol Over Corporate Governance Violations

India, May 5 -- The corporate affairs ministry (MCA) has reportedly ordered a probe into Gensol Engineering and its related entity, EV ride-hailing startup BluSmart, to ascertain if the companies indu... Read More


Tata Electronics In Talks To Onboard NXP For Its Fab Plant

India, May 5 -- Tata Electronics is reportedly in discussions to onboard semiconductor design major NXP Semiconductors as its key customer. Tata's partnership will lead to manufacturing NXP's offerin... Read More


India Steps Up Cyber Monitoring After Pakistani Group's Hacking Claims

India, May 5 -- Amid rising geopolitical tensions between India and Pakistan in the aftermath of the Pahalgam terrorist attack, cyber security experts and security agencies are actively monitoring the... Read More