Livspace, an interior design company, has slashed 100 positions March 20, 2023 Delhi, India: In light of the stringent allocation of investor capital, a number of startups are also laying off employees at Livspace, jo... Read this Story
US airlines also want competitors out of Russian airspace March 20, 2023 Due to the war in Ukraine, US airlines are stepping up their lobbying efforts on Capitol Hill and at the White House to address what they p... Read this Story
NSE: No human involvement in index changes March 20, 2023 Mumbai: The stock exchange stated on Sunday that all such decisions to include and exclude stocks from its indices are taken in accordance ... Read this Story
First Republic Bank receives a $30 billion rescue package from major US institutions March 17, 2023 CAPE CANAVERAL: On Thursday, large US banks swooped in to save First Republic Bank, which was caught up in a widening crisis brought on by ... Read this Story
Why debt funds might be preferable than FDs for you March 17, 2023 The rate climbs by the Save Bank of India (RBI) have pushed up loaning and store paces of banks. Significant banks are presenting to 7. 5%... Read this Story
Rajesh Gopinathan, CEO of TCS, resigns; K Krithivasan will take over March 17, 2023 MUMBAI/BENGALURU: Rajesh Gopinathan, MD and CEO of Tata Consultancy Services (TCS), announced his resignation on Thursday. His sudden depa... Read this Story
Trade imbalance decreases when imports and exports decline March 16, 2023 Delhi, India: The gloomy global environment and a decline in commodity prices contributed to India's goods exports and imports shrinki... Read this Story
Credit Suisse will borrow up to $54 billion from the Swiss National Bank once the March 16, 2023 ZURICH: Credit Suisse Group AG said on Thursday that it would take "decisive action" to increase its liquidity by borrowing up to... Read this Story
US orders ByteDance to sell TikTok or risk being banned March 16, 2023 CAPE CANAVERAL: The US government has advised China-based ByteDance to sell its portions in the blockbuster TikTok application or face a pu... Read this Story
Railways must disburse contractor payments within 30 days or else pay interest March 15, 2023 Delhi, India: On Tuesday, union minister Ashwini Vaishnaw stated that the railways have eliminated the "biggest risk" contractor... Read this Story
Study: VC funding for Indian businesses falls to $26 billion in '22 March 15, 2023 NEW DELHI: Indian startups now receive $25 in VC (venture capital) funding. 7 billion from $38 in 2022. 5 billion in 2021 as investors were... Read this Story
Zoho embroiled in founder's divorce dispute March 15, 2023 CHENNAI: The founder of the multi-billion dollar SaaS company Zoho Corporation, Sridhar Vembu, and his wife Pramila Srinivasan became embr... Read this Story
In 2022, Arvind Krishna, CEO of IBM, received $16.5 million March 13, 2023 BENGALURU: According to regulatory filings, IBM chairman and CEO Arvind Krishna received $1 million less in total compensation in 2022 than... Read this Story
Bank while Signature Bank becomes the second victim of the banking crisis following Silicon Valley Bank March 13, 2023 BENGALURU: In response to the SVB crisis, India's startup ecosystem is providing assistance to its peers. Razorpay is assisting SVB ho... Read this Story
Fintech companies assist businesses whose funds are trapped at Silicon Valley March 13, 2023 WASHINGTON: Two days after authorities shuttered Silicon Valley Bank in a collapse that stranded billions of dollars' worth of deposit... Read this Story
After a one-time settlement, Religare is looking to expand into new markets March 10, 2023 Mumbai: After making a final payment of Rs 400 crore on Wednesday, Religare Finvest (RFL), a wholly owned subsidiary of Religare Enterprise... Read this Story
Deposits at small finance banks can earn up to 9% March 10, 2023 MUMBAI: Customers can now take advantage of fixed deposit rates as high as 9% for the first time in more than three years. Small finance ba... Read this Story
Tata wants to sell its engineering unit stake in India IPO March 10, 2023 Delhi, India: For an initial public offering in which its parent company Tata Motors Ltd. and other investors will sell as many as 95.7 mil... Read this Story
Cryptocurrency into money laundering legislation March 09, 2023 Delhi, India: The Centre has added crypto trading, safekeeping, and related financial services to the Prevention of Money Laundering Act as... Read this Story
Link your PAN to Aadhaar by March 31: The Sebi government incorporates March 09, 2023 Delhi, India: On Wednesday, the regulator of the capital markets, Sebi, urged all investors to link their Permanent Account Number (PAN) wi... Read this Story