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Muthoot FinCorp Limited announces new NCDs, aims to raise ₹400 crore Muthoot FinCorp announces NCDs to raise an amount aggregating up to ₹400 crores, which is within the shelf limit of ₹1,100 crore

In first, Paytm launches ‘Paytm Card Soundbox’ enabling credit, debit card payments Paytm has launched Card Soundbox, a device that allows merchants to accept mobile and card payments. The Soundbox can accept payments from Visa, Mastercard, American Express, and RuPay network

IndiGo Airlines board approves purchase of 10 additional A320 NEO aircraft from Airbus IndiGo Airlines approves purchase of 10 additional A320 NEO family aircraft from Airbus, adding to previous order of 300 aircraft.

Walmart pays $3.5 billion to hike stake in Flipkart The US retailer has acquired the stake from Tiger Global and Accel Partners, and the residual stake of Flipkart co-founder Binny Bansal

Succession overhang on Kotak Bank stock may continue for now Market analysts believe that the overhang of Kotak’s successor could rule on the stock performance until the Reserve Bank of India (RBI) approves the prospective candidate, who could be an insider.

Adani rollovers show market not panicky For the three stocks—Adani Enterprises, Adani Ports, and Ambuja Cements—the number of shares rolled over rose a bit compared to the start of the August series. However, analysts said there is no panic among market participants, as the rise in rollovers...

How small factories are powering Zetwerk From 2019-20, the company targeted North America as a market. Today, it has 300 global customers. Geopolitics, as well as the pandemic, have played a role in its rise.

My fiduciary role in the transition is over: Uday Kotak In an interview, Uday Kotak said Indian institutions must prioritize value creation for local investors, emphasizing the importance of having banks that are majority-owned by domestic investors

360 One pays ₹6k cr from pre-IPO fund The firm expects to fully monetize the first fund from its pre-IPO franchise within one year

CCI clears Air India-Vistara merger The CCI approval is, however, subject to voluntary commitments

Cash-strapped Go First and Jet Airways lose airline codes for being non-operational: Report Go First and Jet Airways have lost their airline codes 'G8 and 9W' assigned by IATA for being non-operational.

Jio Financial’s promise of the future In the financial services space, the ₹1.55-trillion valuation of newly-listed Jio Financial Services value is less about what it has done so far and more about what it promises to do.

UK CEO gives employees paid leave for entire month of August. This is why… CEO Jo Hunter gave her employees paid leave for the entire month of August, resulting in increased productivity and growth for her company, 64 Million Artists.

Mcap of 7 of top 10 firms declines ₹62,279 crore; RIL biggest hit Top 10 Indian firms lose ₹62,279.74 crore in market valuation last week, with Reliance Industries taking biggest hit.

‘No finish line to His-story’: Anand Mahindra on Uday Kotak's resignation Uday Kotak, founder of Kotak Mahindra Bank, announced his resignation as MD and CEO, effective from 1 September 2023. Anand Mahindra took to ‘X’ to recall his acquaintance with Uday Kotak.

‘Misleading’: Adani Group rejects OCCRP report on use of 'opaque' investment funds Adani Group denies allegations of financial misconduct, accuses Soros-funded interests of spreading misleading information.

Balaji Amines Q1 FY24 results: profit falls by 57.12% YOY Balaji Amines Q1 FY24 results: Revenue decreased by 30.81% YoY & profit decreased by 57.12% YoY

BMW plans to take on Tesla with ‘Neue Klasse’ BMW is turning to its 'Neue Klasse' brand once again, this time as an electric vehicle (EV), as it seeks to catch up with Tesla. The Neue Klasse vehicles will be powered by cylindrical batteries and are targeting a 50% reduction in battery pack costs...

Auto sales for August 2023: From Maruti to Mahindra and Mahindra. Here is how Indian auto majors performed Indian automakers see increased sales in passenger and commercial vehicles for August, with Maruti Suzuki and Mahindra and Mahindra leading the growth. Tata Motors, however, experienced a...

Uday Kotak resigns as MD and CEO of Kotak Mahindra Bank, 3 months ahead of schedule Uday Kotak resigns as CEO of the Bank; Dipak Gupta to serve as interim CEO until Dec 31, 2023