Perfios acquires open finance platform Fego.ai

New Delhi, Sept. 21 -- Bengaluru-based fintech firm Perfios has acquired Chennai-based open finance platform Fego.ai, two people aware of the development told Mint. The discussions started during Glo... Read More

EMS share price debuts at strong premium despite weak stock market sentiments. Buy, sell or hold?

Stock market today, Sept. 21 -- EMS share price today listed on BSE and NSE at a stronf premium despite Indian stock market extending its slide on third day in a row. EMS share price today opened on B... Read More

Total may lead Adani plan to raise $1.5 bn for green power

Mumbai, Sept. 21 -- Adani Green Energy Ltd, which is planning to raise $1.5 billion, may secure a big chunk of it from French energy giant TotalEnergies SE, two people aware of the matter said. The Ga... Read More

Saudi cuts Asian Premium after India taps Russian oil

New Delhi, Sept. 21 -- Saudi Arabia, the world's second largest oil producer, has slashed the premium charged on exports to India while many others have discontinued it altogether, a person aware of t... Read More

Manipal acquires 84% stake in AMRI for Rs.2,300 crore

New Delhi, Sept. 21 -- Temasek-backed Manipal Health Enterprises Ltd has acquired an 84% stake in Emami Group's AMRI Hospitals for around Rs.2,300 crore, a person in the know said. As part of the deal... Read More

Ex-UpGrad chief Arjun Mohan to be Byju's next India CEO

Mumbai, Sept. 21 -- Byju's has named Arjun Mohan as the chief executive officer (CEO) of its India operations, succeeding Mrinal Mohit, a founding employee of the Bengaluru-based edtech startup. Moha... Read More

DGCA suspends Air India Flight safety chief for one month. Here's why

New Delhi, Sept. 21 -- DGCA has suspended Air India's Chief of Flight safety for a period of one month for a period of one month. The decision was taken after DGCA carried out the surveillance of Air ... Read More

Banks to see margin pressure amid hike in deposit rates; IndusInd Bank, Axis Bank to defend NIMs better: Jefferies

New Delhi, Sept. 21 -- With the rising interest rate environment, most Indian banks are likely to see some pressure on their net interest margins (NIM) over the next two to three quarters. However, an... Read More

India faces flak at WTO for not notifying curbs

New Delhi, Sept. 21 -- India is facing criticism from several World Trade Organization (WTO) members for failing to notify the trade body of its numerous export restrictions to secure domestic food su... Read More

StrideOne in talks to acquire EV tech startup MoEVing

New Delhi, Sept. 21 -- StrideOne Capital Pvt. Ltd, the non-banking financial company (NBFC) set up by the founders of venture debt fund Strides Venture Partners, is in talks to acquire MoEVing Urban T... Read More