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Mobikwik, Lendbox Face FIRs Over Allegedly Blocking Investor Funds

India, May 22 -- Bengaluru Police have reportedly registered FIRs against fintech firms Mobikwik and Lendbox regarding alleged investor cheating and misuse of funds via their P2P lending platform Mobi... Read More


Zepto To Float Rs.11,000 Cr IPO By July: Report

India, May 22 -- Quick commerce platform Zepto reportedly plans to float its Rs.11,000 Cr ($1.1 Bn) initial public offering (IPO) within the next two months. Sources told news agency PTI that the uni... Read More


ixigo Rallies 6% After Q4 Profit Doubles To Rs.32 Cr

India, May 22 -- Shares of Le Travenues Technology, the parent of ixigo, surged nearly 6% to hit an intraday high of Rs.173.5 on the BSE today as investor sentiment turned bullish following the compan... Read More


Swiggy's Inventory Pivot Plan Stalls After Failed Vote

India, May 22 -- Shareholders have shot down foodtech major Swiggy's bid to become an Indian-owned and controlled company (IOCC). The foodtech giant failed to secure the necessary votes to amend its ... Read More


Info Edge Q4: Profit Increases 12% To Rs.756 Cr, Declares Dividend Of Rs.3.60

India, May 22 -- Naukri parent Info Edge's consolidated net profit for the fourth quarter of FY26 increased 12% to Rs.755.7 Cr from Rs.677.9 Cr in the year-ago quarter. On a sequential basis, profit s... Read More


Nykaa Touches Fresh 52-Week High After Strong Q4 Performance

India, May 22 -- Shares of Nykaa parent FSN E-Commerce Ventures rose over 4% to touch a 52-week high of Rs.285.65 during intraday trading on the BSE today, a day after the company reported its fourth ... Read More


Honasa Soars 13% To Touch 52-Week High After Q4 Profit Nearly Triples

India, May 22 -- Shares of Honasa Consumer, the parent of Mamaearth, surged as much as 13% to hit a fresh 52-week high of Rs.405.4 on the BSE today after the company reported a sharp jump in profit fo... Read More


Under GST Probe, Rishi Gupta Steps Down As Fino MD & CEO

India, May 22 -- Under regulatory scanner, Rishi Gupta has stepped down as the managing director (MD) and chief executive officer (CEO) of Fino Payments Bank. Meanwhile, the company's board approved ... Read More


Flipkart Drives Walmart's Ecommerce, Advertising Growth In Q1 FY27

India, May 22 -- Flipkart and its quick commerce arm Flipkart Minutes featured in Walmart's Q1 FY27 earnings commentary as the global retail giant shed light on the platform's rapid delivery expansion... Read More


IT Ministry To Block Kalshi, Ban Order Against Polymarket Soon

India, May 21 -- The IT ministry (MeitY) is reportedly all set to formally block US-based prediction market platform Kalshi as soon as tomorrow (May 22). A MeitY official told The Print that the mini... Read More