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Antfin sells 4% stake in Paytm; General Atlantic offloads 10% stake

Antfin mopped up ₹2,104 crore from the share sale. Shares of Paytm last closed at ₹857, down 1.13 per cent. At the end of March 2025 quarter, Antfin held 9.85 per cent stake in Paytm

Softbank reports 1st profit in 4-yrs; India bets Ola, Swiggy weigh on SVF2

SoftBank posts ¥1.15 trillion FY25 profit but reports ¥561.7 bn loss in SVF2 due to share declines in Indian bets Ola and Swiggy, which fell nearly 40 per cent

Fitch expects Indian power gencos' credit ratings to remain stable

Fitch Ratings says Indian power gencos are insulated from volume risk due to regulated assets and fixed-tariff contracts, despite a slowdown in electricity demand growth

Fusion Finance shares rise over 8% after Rs 800-cr rights issue success

Fusion Finance shares jumped as its Rs 800-crore rights issue saw 1.5x oversubscription, driven by strong backing from promoters and institutional investors

RBI mandates reporting of digital lending apps via CIMS portal from May 13

RBI directs regulated entities to upload digital lending app data on the CIMS portal by June 15 to enhance transparency and streamline digital lending regulations

Wipro ropes in ex-Goldman Sachs exec Sandeep Dhar to lead GCC business

Dhar joins Wipro to head GCC practice, combining AI and consulting to help global firms scale innovation hubs as part of broader strategy to revive growth under Srini Palia

Parag Parikh Flexicap Fund first to reach Rs 1-trillion AUM in India

Canara Robeco Mutual Fund (MF) on Thursday lau­n­ched a multi asset allocation fund, which will across equity, debt and commodities

Govt asks social media platform X to block over 8,000 accounts in India

X says the Indian government has directed it to block over 8,000 accounts, warning of possible fines and jail time for non-compliance with executive orders

India will never stay silent in the face of terror, says Mukesh Ambani

In a statement, Ambani said that the Reliance family is ready to support any measure in protecting the nation's unity and integrity

Porter raises $200 mn in Series F round led by Kedaara and Wellington

Porter has raised $200 million in a Series F round led by Kedaara and Wellington to scale operations, deepen impact on MSMEs, and build a green logistics network

Kerala confirms another Nipah case in Malappuram's Valanchery district

A 42-year-old woman from Valanchery, Malappuram has tested positive for Nipah virus, marking Kerala's seventh reported case since the first outbreak in 2018

Centre asks OTT platforms to stop streaming content from Pakistan

"Several terrorist attacks in India have been established to have cross-border linkages with Pakistan-based State and non-State actors," the MIB said in its advisory

BSE urges market players to enhance cybersecurity amid rising threats

BSE has asked brokers and traders to assess their systems and implement cybersecurity measures in line with Sebi's CSCRF after a CERT-In warning on BFSI sector

HUDCO Q4 results: Net profit up 3.93% to ₹728 cr; NII jumps 26.3%

HUDCO reported Rs 727.74 crore Q4 profit for FY25 with improved net interest income and loan disbursements; board recommends Rs 1.05 final dividend per share

Amex, HSBC lead foreign banks in net credit card addition in FY25

The two banks added close to 325,000 new credit cards, with the overall banking industry adding 8 million credit cards in FY25

BSE profit soars 5x to ₹494 crore; dividend of ₹23/share declared

The surge in revenues was on the account of growth in transaction charges

IFFCO-Tokio enters surety bonds business to support infra projects

IFFCO-Tokio joins a handful of insurers offering surety bonds to support small contractors and infrastructure projects as segment eyes Rs 3 trillion growth by 2030