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Pine Labs sets sights on mid-November listing

MUMBAI, Oct. 13 -- Fintech company Pine Labs, backed by Peak XV, is targeting a listing by the second week of November. The company's $700 million initial public offering (IPO) is expected to open in ... Read More


SBI Cards: Not much cheer from risk weight reduction; grip on bad debts key

New Delhi, Oct. 13 -- SBI Cards and Payment Services is seen as a potential beneficiary of the Reserve Bank of India's (RBI) revised risk weight-based capital adequacy norms. A draft circular in this ... Read More


Kirloskar Group plans to invest Rs.5,000 cr to double revenue by 2030

Mumbai, Oct. 13 -- The Kirloskar Group, led by siblings Atul and Rahul Kirloskar, has set itself a target of doubling the cumulative revenue across companies to $5 billion by 2030 as these firms enter... Read More


Stock recommendations for 13 October from MarketSmith India

Stock market recap, Oct. 13 -- The Indian stock market saw healthy buying on Friday, 10 October, with the benchmarks- the Sensex and the Nifty 50 extending gains to the second consecutive session amid... Read More


Stocks to buy: Raja Venkatraman's top picks for 13 October

New Delhi, Oct. 13 -- Last week, the markets continued to move higher, but the constant volatility forced us to examine every sector for only a limited period. The strong sector rotation that emerged ... Read More


Z47-backed Dezerv raises fresh funds of $40 million from existing investors

New Delhi, Oct. 13 -- Wealth management platform Dezerv has raised Rs.350 crore (about $40 million) in a new funding round from its existing investors, the company's top executive told Mint. The full... Read More


Talegaon plant preps Hyundai for exports, multi-model production

New Delhi, Oct. 13 -- Hyundai Motor India Ltd (HMIL) will initially produce two car models at its Talegaon plant and prepare the facility to make vehicles for export to emerging markets, as the compan... Read More


Namma Yatri's Rs.25 revolution: The tiny Bengaluru app forced Uber and Ola to change-what's next?

New Delhi, Oct. 13 -- For Priya Ramesh, a denizen of Bengaluru, the daily commute to work didn't start at the door, but on a screen, well before she stepped out. She always had three apps open: Uber, ... Read More


AIIMS Delhi cardiac surgery head ousted after 'sexual harassment' complaint, use of 'vulgar language'

New Delhi, Oct. 13 -- All India Institute of Medical Sciences (AIIMS), New Delhi, has removed Dr A. K. Bisoi from his role as the institute's Cardio Thoracic and Vascular Surgery (CTVS) department fol... Read More


America is trying to force open an e-commerce door that India has kept closed for long

New Delhi, Oct. 13 -- US trade negotiators want India to allow online marketplaces such as Amazon India and Walmart-owned Flipkart to stock and sell their own goods, seeking a policy change that could... Read More