Page 59 - Ajinkya Kawale

SIAC directs Pratt & Whitney to give Go First five engines a month

Pratt & Whitney said that it respected the interim arbitration ruling and "will comply with the order until it is otherwise modified"

DGCA, EASA ink MoU on drone standards, will work on training programmers

Among other things, the MoU will ensure regular information sharing between the two parties on tech development and research in this area

Paytm Q1: Value of loans disbursed increases 167%, GMV rises 37% YoY

Focus is on payment volumes that generate profitability, says fintech company

E-com firms' demand for gig workers up as shopping festivals near: Study

'Numerous opportunities' for individuals in flexible and on-demand work arrangements, it says

Spicejet repays last Rs 25 cr to settle City Union Bank's Rs 100 cr loan

Last year, the airline had agreed to repay all its due by June 2023

Air India hires McCann India as a part of its rebranding exercise

The airline said it is building itself as a 'Global Airline with an Indian Heart'

Why can fintech sector ecosystem in India survive funding winter

The fintech space has witnessed a 60 per cent year-to-date slump in funding

Travel fintech firm Scapia raises $9 mn for operations, tech capability

Start-up converts customers' everyday expenses into travel rewards stored in a co-branded card

Swiggy's losses jump 80% YoY and PayU business rev up 31%: Prosus

Swiggy's core restaurant food delivery business, Prosus said, recorded GMV growth of 26 per cent, while Instamart -- its quick commerce vertical - grew its GMV by 459 per cent

Lendingkart raises Rs 200cr in debt financing from EvolutionX Debt Capital

Digital lending firm will launch new products such as MSME credit cards, personal loans for self-employed

Bad weather, pilot duty rules ground Air India London-Delhi passengers

The aircraft eventually took off from Jaipur at 2.30 pm and landed in Delhi around 3 p.m on Sunday

Paytm can add 15 mn new customers for soundbox devices in next 2-3 years

Company has first-mover advantage in this space, but the competition is getting aggressive too

Funding in Indian fintech down 40% in 2022, says IIFL Fintech report

The country has over 9,500 fintech companies operating in the country

Mortgage lender Aviom India raises $30 mn for business expansion

Company runs programme that offers loans to women who don't have formal income documentation

Fintech firm Indifi raises Rs 290 cr in funding round by ICICI Venture

Company plans to expand its operations and expand small businesses' access to working capital finance

EV financing platform Revfin raises $5 million in investment from DFC

The fintech plans to introduce new products by diversifying into two-wheelers for last-mile deliveries, four-wheelers for mid-mile cargo delivery, and ride-share taxis

RBI warns tech firms against unauthorised trading platforms on app stores

Updated central bank alert list names 56 entities prohibited from dealing in foreign exchange

Cloud-lending startup Lentra raises $27 million in extended Series B round

Tokyo-based Mitsubishi UFJ Financial Group (MUFG) and investment firm Dharana Capital led the funding

Fintech major PhonePe launches AA Services via wholly-owned subsidiary

Authorised by RBI, an account aggregator (AA) is a licensed entity that can collect financial data with a user's consent

Fintech firm BharatPe appoints Kohinoor Biswas as Head of Consumer Lending

Launched in 2021, postpe is the company's credit-first consumer vertical, which enables customers to avail interest-free credit of up to Rs 10 lakh