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Mumbai airport recorded 33% increase in passenger traffic in Q3CY23

During Q3CY23, the airport recorded 60,861 domestic air traffic movements (ATMs) and 20,438 international ATMs

Cashfree Payments, Global Trade Plaza partners to lift cross-border payment

Exporters will also receive auto-generated foreign inward remittances advice (e-FIRA), the company stated

Progressive and proactive: Crypto players all praise for IMF-FSB plan

Investments in resources, technology, and personnel would be necessary to ensure compliance

IndiGo co-founder Rakesh Gangwal may buy stake in SpiceJet? Shares soar

The airline is currently operating about 1,483 flights per week, which is 17.5 per cent lower than in the same month last year, according to aviation analytics firm Cirium

Incred Finance plans to raise Rs 300 crore via non-convertible debentures

The company plans to allocate 75 per cent of the net proceeds for purposes such as onward lending, financing and the repayment of existing borrowings, including interest and principal

Pilot licence now valid for 10 years, says civil aviation ministry

They will be issued to pilots at the time when their licences are up for renewal

After Jindal, Jettwings submits expression of interest for Go First

On Wednesday, Naveen Jindal-led Jindal Power Limited (JPL) also submitted an EoI for Go First

KredX to create Rs 4,000 cr corpus for working capital needs of businesses

Fintech company says its imitative would help companies during the festive season

Possible to have different SROs for fintech sectors: Industry players

A primary responsibility of these SROs would be to safeguard fintech consumers by overseeing privacy, disclosure, and recovery practices

Israel-Hamas conflict halts peak inbound travel season from Israel

According to the India Tourism Statistics 2022 data, inbound passenger traffic reached its peak in 2019, with India recording 73,137 arrivals from Israel

Insurtech start-up Onsurity raises $24 million in series B funding round

The company said a portion of the latest funding will be allocated to the company's efforts to chart the path towards profitability

IIFL Fintech Funds marks first exit after selling stake in TrustCheckr

IIFL Fintech Fund was established in August 2021, with a corpus of Rs 210 crore and sponsorship from two group companies - IIFL Finance and IIFL Securities

Air Asia transfers first A320 plane to Air India Express, says Wilson

AirAsia India and Air India Express currently have 28 and 26 planes in their respective fleets

Funding to Indian fintechs up 68% to $436 million in Q3CY23: Tracxn

The report said funding in fintechs has grown on the back of an increase in the funding in late-stage rounds.

Fintech firm CRED's losses widen 5% to Rs 1,357 cr in FY23; income up 251%

The fintech unicorn has seen a rise in its expenses. CRED's total expenses grew by 66 per cent to Rs 2,831.9 crore in FY23 from Rs 1,702.1 crore in FY22

Banking fintech MobiKwik posts second quarter of PAT at Rs 5 crore

The Gurugram-based fintech has a registered base of 140 million users and over four million merchants

Corporate affairs ministry exempts aviation from IBC's moratorium clause

Section 14 of the IBC declares a moratorium on proceedings, transfer or disposal of any of the assets of the company from the date of commencement of its insolvency

A 'Slice' of lifeline: Fintech firm to infuse capital in North East SFB

To merge Fintech for capital infusion in the bank, lower promoter stake

Fintech unicorn Slice announces merger with North East Small Finance Bank

Deal will give customers access to a broad range of products and omnichannel offerings, say companies

Uganda Airlines launches non-stop Mumbai service, first in over 5 decades

The airline said India and Uganda are getting connected with a direct flight for the first time in over five decades