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Federal Bank Q3 net profit up 54% at Rs 803.61 cr, asset quality improves

Net interest income increases 27.14% year-on-year to Rs 1,956.53 crore in, says private sector lender

Tata Mutual Fund announces launch of multi-cap scheme, NFO closes Jan 30

Scheme will invest across large-cap, mid-cap and small-cap shares, says company

Logistics management firm Locad raises $11 million in Series-A funding

Locad's logistics engine works with brands such as Levi's, Reckitt Benckiser, and Emma Sleep

Credit growth of scheduled commercial banks tapers off in December

Banks extended loans of almost Rs 1.5 trillion during the fortnight ended December 30

Private equity major Apax Partners offloads 2.14% in Shriram Finance

Dynasty Acquisition, an affiliate firm of the PE player, sold close to 8 million shares at Rs 1,300 apiece

Rapido shuts down app in Maharashtra; HC told firm doesn't have licence

Committee set up by Maharashtra government studying guidelines for bike-taxis, court told

Google says CCI's orders strike blow at digital adoption in India

In a blog, Google said, it has partnered deeply with India in the last several years of its exciting digital transformation

Tech Mahindra opens Google Cloud Delivery Center in Mexico's Guadalajara

Facility will enable customers to modernise infrastructure and manage workloads

HCLTech bags deal to modernise IT operations for US insurer State Farm

Some employees of the American company will transfer to HCLTech and continue providing services

Sah Polymers has dream market debut, rises 37% on the listing day

The Rs 66-crore initial public offering of Sah Polymers was subscribed 17.5 times

5-day week: Bank unions call nationwide strike on January 30, 31

The decision to call for a strike was taken after a meeting in Mumbai on Thursday

NCLT adjourns Zee Entertainment lenders' pleas against merger to Feb 2

The matter had come up in the NCLT court on Thursday, where IndusInd Bank, Axis Finance and IDBI Bank had sought permission to file applications to intervene in the proposed merger

HCLTech becomes Mattel's primary digital transformation partner

HCLTech will drive transformation across Mattel's global technology landscape cutting across applications, infrastructure and information security domains

G.O.A.T Brands acquires lifestyle firm Chumbak for undisclosed amount

D2C brand buys four other brands it didn't name as it seeks expansion

Amazon gets Pune labour commissioner notice after complaint about layoffs

Ecommerce giant recently announced it would lay off 18% of its workforce globally

B2B wholesale platform ApnaKlub raises $16 mn in Series A funding round

The funds will be used to enhance a digital platform for kirana store owners and wholesalers in tier-2 and tier-3 cities to purchase goods and service

Flipkart opens its 3rd and largest fulfillment center in Unnao district

This facility will offer customers a wide-variety of close to 400 regional grocery products across more than 100 categories including household supplies, staples, tea, snacks and beverages

Hitachi Payment, BharatPe get RBI nod to operate as payment aggregators

In-principle approval takes firms closer to offering to digital financial services to clients

5-judge Constitution Bench starts hearing Delhi vs Centre power dispute

State list is like concurrent list for Delhi, observes CJI Chandrachud

NRE/NRO accounts with international mobile numbers can now use UPI

The UPI ecosystem members have to comply with NPCI's directions by April 30, 2023