Page 1364 - Company News

Paytm becomes merchant payments leader with over 7,500,000 devices deployed

"With our subscription as a service model, strong adoption of devices drives subscription revenues and higher payment volumes, while increasing funnel for our merchant loan distribution," said Paytm

Modi govt made it easier for global tech firms in India: DocuSign prez

It is a lot easier now for global companies, especially in technology zones, to establish a footprint in India compared to a decade ago due to the Modi govt, according to the newly-appointed president

Edtech major Byju's faces deadline for $40 million payment of $1.2 bn loan

The $1.2 billion debt is the largest unrated loan by a startup ever. The once high-flying company led by former teacher Raveendran had been trying to strike a deal with creditors to restructure loan

Paytm's loan disbursals more than doubled to Rs 9,618 crore in Apr and May

The total number of loans via Paytm was up 54% to 8.5 million during the period, as compared to 5.5 million last year

India is an opportunity, looking to expand operations: Lufthansa CEO

The flights on the Munich-Bangalore route will be operational three times a week and the first flight will be on November 3

Competition Commission of India lens on Big Tech as Apple probe nears end

The new Chairperson, Ravneet Kaur, along with other members, is expected to take up the matter in their meeting soon, along with several other pending cases against Big Tech companies

Airbus heads towards 500 A320-family jets order from IndiGo: Report

Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said

Transfer of Sahara Life biz unlikely to impact SBI Life's balance sheet

The total number of policies being transferred is only a small percentage of SBI Life's total policies, a company official said

Mother Dairy to invest Rs 400 cr to set up unit in Nagpur: Gadkari

Mother Dairy is a wholly owned subsidiary of National Dairy Development Board (NDDB) and was commissioned in 1974 as part of Operation Flood

Govt engaging with Vedanta to facilitate its residual stake sale in BALCO

In 2001, government had disinvested 51 per cent shares of BALCO to Sterlite Industries Limited, a subsidiary of Vedanta Limited

Climate tech push: EV start-ups set to power India's next unicorn club

Corner a hefty chunk of investments despite ongoing funding winter; at present, Ola is the only unicorn among 970 homegrown enterprises in the EV space

A 'nifty' little move: HDFC Life, SBI Life lead earnings upgrades

FY24 earnings growth to be led by BFSI, oil and gas, metal, and automotive

Renault Nissan Automotive progresses towards Carbon Neutrality vision

As of FY 2022-23, the company's strategy has already allowed the automaker to cut down the equivalent of 87,500 tonnes of CO2 emissions every year

Brigade to launch 10 housing projects, to invest Rs 3,000 cr on const: MD

Brigade Enterprises launched 5.4 million square feet area in residential segments last fiscal, she said

Magicpin plans to have 20,000 fashion stores on its platform: CEO

Fashion as a category currently contributes 25 per cent to the company's total business, said magicpin CEO and co-founder Anshoo Sharma

ITC Limited, Vidya Polymer submit resolution plans for Shakti Bhog

Shakti Bhog food which has defaulted on Rs 7,000 crore of bank loans

Walmart shareholding in fintech firm PhonePe drops to 85% from 89%

Retail giant Walmart's shareholding in decacorn fintech firm PhonePe has dropped to 85 per cent from 89 per cent following its ongoing fundraise of USD 1 billion, the US based firm said

Buoyed by record viewership in IPL, Disney Star eyes another leap

With IPL surpassing expectations in terms of viewership, fan engagements, Disney Star is now gearing up for another leap in the coming sporting events, including ICC tournaments and pro-Kabaddi league

Bharat unbound: Fly91 Airlines unveils first look, brand logo, tagline

The regional airline Fly91 to hit the Indian skies between October-December

Develop consent-driven anti spam tech within 2 months: TRAI to telcos

New facility will allow telcos to quickly revoke consent given by customers to receive communication from businesses if a complaint is received